24 Main Street, East Gwillimbury

$528,000
24 Main Street

$528,000

New
25d
DetachedBungalow

24 Main Street, East Gwillimbury

Total Monthly Obligation $2,775

Beds
2
Baths
1
Park
4
Sqft
< 700
DOM
25d
Score
18
Yield
4.5%
Cash on Cash
-5.0%
Cap Rate
3.5%
5Y IRR
11.6%
10Y IRR
11.5%
Property Type-Detached
MLS® Number-N13833424
Beds-2
Bathrooms-1
Size-< 700 sqft
Lot Size-66.04 × 133.25 ft
Listed on site-Sep 28, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,243 (2026)
Parking-4 - Other
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-REAL ONE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-30/Tba
Neighbourhood-Mt Albert
Title-Residential Freehold

No agent assigned

Charming Detached Home on an Oversized Lot! Welcome to this beautifully renovated 2-bedroom, 1-bathroom detached home in the heart of Mount Albert! Thoughtfully updated throughout, this inviting home offers a perfect blend of modern finishes, comfortable living and an exceptional lot. Step inside to a bright, welcoming interior featuring updated flooring, fresh paint, newer interior doors and a stylish kitchen with a clean, contemporary design. The refreshed bathroom and functional layout make excellent use of every square foot.Outside, enjoy the rare benefit of a generous 66' x 133' lot (approximately 0.2 acres), offering plenty of space for entertaining, gardening, relaxing or exploring future possibilities. Close to local shops, restaurants, parks, schools and everyday amenities, easy access to surrounding communities. A Fantastic opportunity for first-time buyers, downsizers, investors or builders seeking an oversized lot for future redevelopment. Simply move in & enjoy!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$422,400
Land Transfer Taxes$7,035
Legal Fees (Est.)
$
Total cash required for closing$114,135

Total Monthly Obligation

$2,775/mo
Mortgage $2,130
Monthly Loss $2,215
Principal$560
Interest$1,569
Property Tax$270
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.3%1
5-Year IRR
7.6%21
10-Year IRR
8.7%
Returns Index
11.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$24,000/yr
NOI
$13,857/yr
Net Cash Flow
-$975/mo
Cash Margin
-48.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo59
Risk Index
27.8/ 100

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

Comparables

Properties near 24 Main Street

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.