32 Park Crescent, New Tecumseth

$550,000
32 Park Crescent

$550,000

New
29d
DetachedBungalow

32 Park Crescent, New Tecumseth

Total Monthly Obligation $2,871

Beds
3
Baths
2
Park
3
Sqft
1100-1500
DOM
29d
Score
19
Yield
4.8%
Cash on Cash
-3.6%
Cap Rate
3.8%
5Y IRR
12.7%
10Y IRR
12.4%
Property Type-Detached
MLS® Number-N13824520
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-50.03 × 159.55 ft
Listed on site-Sep 24, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,326 (2025)
Parking-3 - None
Basement-Full
Heating-Radiant (Gas)
Brokerage-RE/MAX HALLMARK CHAY REALTY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick Front, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Tottenham
Title-Residential Freehold

No agent assigned

An opportunity like this is hard to find in Tottenham! Welcome to 32 Park Crescent, a clean and well-cared-for 1,396 sq. ft. bungalow offering an affordable way to get into the market in an established neighbourhood. Set on an impressive 50 x 160 ft lot, the home enjoys a surprisingly private backyard with plenty of room for kids, pets, gardens or simply relaxing outdoors.Inside, you'll find a comfortable and functional layout with 3 bedrooms and 1.5 baths, generous principal rooms and plenty of natural light. While some finishes reflect an earlier era, the home has been lovingly maintained and is clean, comfortable and completely move-in ready. Giving you the opportunity to update at your own pace and make it your own.Important improvements include newer windows and a brand-new on-demand radiant water heating system servicing the baseboard radiators, adding efficiency and peace of mind. The partially finished basement provides additional living space along with plenty of potential for a recreation room, home office, gym or future improvements.With very few homes available in Tottenham at this price point, 32 Park Crescent offers something increasingly difficult to find: a detached bungalow, a fantastic lot and the chance to get into the market at $550,000. Move in now, add your own touches over time, and enjoy everything this welcoming community has to offer.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$440,000
Land Transfer Taxes$7,475
Legal Fees (Est.)
$
Total cash required for closing$118,975

Total Monthly Obligation

$2,871/mo
Mortgage $2,219
Monthly Loss $2,287
Principal$584
Interest$1,635
Property Tax$277
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.9%1
5-Year IRR
8.7%27
10-Year IRR
9.6%
Returns Index
14.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$26,604/yr
NOI
$16,118/yr
Net Cash Flow
-$875/mo
Cash Margin
-39.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo57
Risk Index
27.4/ 100

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

Comparables

Properties near 32 Park Crescent

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.