48 Terrain Court, East Gwillimbury

$899,900
48 Terrain Court

$899,900

New
28d
DetachedBungalow

48 Terrain Court, East Gwillimbury

Total Monthly Obligation $4,005

Beds
2
Baths
2
Park
2
Sqft
1100-1500
DOM
28d
Score
17
Yield
3.7%
Cash on Cash
-5.5%
Cap Rate
3.4%
5Y IRR
11.2%
10Y IRR
11.1%
Property Type-Detached
MLS® Number-N13829372
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Lot Size-11.94 × 39.05 ft
Listed on site-Sep 25, 2026
Style-Bungalow
Building Type-Detached
Age-New
Parking-4 - Built-In
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-COLDWELL BANKER RONAN REALTY
Cooling-None
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Holland Landing
Title-Residential Freehold

No agent assigned

WELCOME TO THE BLACK ASH - BUNGALOW LIVING AT ITS BEST! This future new built, all-brick 1,328 sq. ft. bungalow by FirstView Homes sits on an impressive 40' x 127' deep lot backing onto open space, offering exceptional backyard privacy. Thoughtfully designed with 2 bedrooms plus a home office, this bright, open-concept layout features 9' smooth ceilings throughout, a spacious Great Room and a beautiful kitchen complete with tall upper cabinetry and quartz countertops. Enjoy the convenience of main-floor laundry and direct access from the garage into the home. The primary bedroom offers a walk-in closet and private 3-piece ensuite with walk-in shower. An oak-stained staircase leads to the unfinished basement, complete with a cold cellar and plenty of space to create a future recreation room, additional living space or storage tailored to your needs. Set within a welcoming community surrounded by walking trails and parks, with shopping, restaurants and everyday amenities close by, plus convenient access to the Newmarket GO Station. A fantastic opportunity to own a brand-new bungalow on a deep, private lot - exceptional value that's becoming increasingly hard to find!

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$719,920
Land Transfer Taxes$14,473
Legal Fees (Est.)
$
Total cash required for closing$195,953

Total Monthly Obligation

$4,005/mo
Mortgage $3,630
Monthly Loss $3,050
Principal$955
Interest$2,675
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.5%1
5-Year IRR
8.0%23
10-Year IRR
9.0%
Returns Index
13.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$33,000/yr
NOI
$25,200/yr
Net Cash Flow
-$1,530/mo
Cash Margin
-55.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
21.0/ 100

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

Comparables

Properties near 48 Terrain Court

Time

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