264 Patterson Street, New Tecumseth

$1,300,000
264 Patterson Street

$1,300,000

New
32d
Detached2-Storey

264 Patterson Street, New Tecumseth

Total Monthly Obligation $6,072

Beds
4
Baths
4
Park
4
Sqft
2000-2500
DOM
32d
Score
15
Yield
2.9%
Cash on Cash
-10.6%
Cap Rate
2.3%
5Y IRR
7.3%
10Y IRR
8.1%
Property Type-Detached
MLS® Number-N13816776
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-49.21 × 141.34 ft
Listed on site-Sep 21, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$5,433 (2025)
Parking-6 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX MILLENNIUM REAL ESTATE
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-45 Days
Neighbourhood-Beeton
Title-Residential Freehold

No agent assigned

Beautifully appointed open-concept home offering nearly 2,400 sq. ft. of living space with 10-ft ceilings on a rare 50 x 140 ft lot in charming Beeton. This property provides exceptional privacy with distant rear neighbours and only five surrounding homes. Highlights include an extended driveway accommodating four vehicles, an oversized 2-car garage with mezzanine, and an upgraded kitchen featuring quartz countertops. The main level is enhanced by hardwood floors, a gas fireplace, pot lights, a walk-in pantry, new double front doors, dual side gates, and a walkout to a spacious deck ideal for entertaining. Recent upgrades elevate the home even further: a custom basement wet bar, built-in wine cellar, an additional room with in-law suite potential, fully renovated bathrooms-including a beautifully finished 4-piece with double vanity-a custom primary walk-in closet, freshly painted garage door, and exterior soffits with sleek embedded pot lights. Ideally located just minutes from Hwy 400/88, major routes 400, 27, and 9, and close to all amenities, shopping, parks, trails, schools, and the world-class Bond Head Golf Course, this home offers an exceptional lifestyle for both professionals, first-time buyers, and growing families. Don't miss the opportunity to make this beautiful property yours.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$1,040,000
Land Transfer Taxes$22,475
Legal Fees (Est.)
$
Total cash required for closing$283,975

Total Monthly Obligation

$6,072/mo
Mortgage $5,244
Monthly Loss $4,692
Principal$1,380
Interest$3,864
Property Tax$453
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.8%0
5-Year IRR
4.7%10
10-Year IRR
6.5%
Returns Index
6.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$38,004/yr
NOI
$24,271/yr
Net Cash Flow
-$3,221/mo
Cash Margin
-101.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.393
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo25
Risk Index
15.3/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 264 Patterson Street

Time

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