7 Nicort Road, King

$1,798,888
7 Nicort Road

$1,798,888

New
28d
Detached2-Storey

7 Nicort Road, King

Total Monthly Obligation $8,456

Beds
4
Baths
4
Park
2
Sqft
3500-5000
DOM
28d
Score
15
Yield
3.3%
Cash on Cash
-9.4%
Cap Rate
2.6%
5Y IRR
8.2%
10Y IRR
8.9%
Property Type-Detached
MLS® Number-N13831170
Beds-4
Bathrooms-4
Size-3500-5000 sqft
Lot Size-42 × 115.66 ft
Listed on site-Sep 25, 2026
Style-2-Storey
Building Type-Detached
Taxes-$9,900 (2025)
Parking-4 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-HOMELIFE/MIRACLE REALTY LTD
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick Front, Shingle
Roof-Shingles
Foundation-Concrete, Brick
Sewer-Sewer
Possession-Immediate
Neighbourhood-King City
Title-Residential Freehold

No agent assigned

***3565 Sqft*** Experience the ultimate in elegance and beauty with our luxurious model home. Featuring hardwood floors throughout the main living areas, this residence boasts a spacious kitchen with a waffle ceiling and granite countertops. Enjoy separate living, family, breakfast, and formal dining rooms, along with a dedicated home office. The living room impresses with its soaring 12.5 ft ceiling, and the stunning spiral foyer leads to a huge primary br with 5 pc ensuite. A second huge family room overlooks front with large windows. while the second bedroom features a private 3-piece ensuite. Ensuite has 5 piece owner bedroom with walkin closet, Other bedrooms have their own washrooms.

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

Closing Costs

Mortgage Amount
$1,439,110
Land Transfer Taxes$32,453
Legal Fees (Est.)
$
Total cash required for closing$393,731

Total Monthly Obligation

$8,456/mo
Mortgage $7,256
Monthly Loss $6,547
Principal$1,909
Interest$5,347
Property Tax$825
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.4%0
5-Year IRR
5.8%14
10-Year IRR
7.3%
Returns Index
8.1/ 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
$59,400/yr
NOI
$39,060/yr
Net Cash Flow
-$4,001/mo
Cash Margin
-80.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
1.1 mo19
Risk Index
13.6/ 100

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

Comparables

Properties near 7 Nicort Road

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.