166 Olive Street 109, East Gwillimbury

$499,900
166 Olive Street 109

$499,900

New
23d
Condo Apartment1 Storey/Apt

166 Olive Street 109, East Gwillimbury

Total Monthly Obligation $3,025

Beds
2
Baths
1
Park
1
Sqft
800-899
DOM
23d
Score
18
Yield
5.3%
Cash on Cash
-7.1%
Cap Rate
3.1%
5Y IRR
10.0%
10Y IRR
10.2%
Property Type-Condo Apartment
MLS® Number-N13845700
Beds-2
Bathrooms-1
Size-800-899 sqft
Listed on site-Sep 30, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$2,026 (2025)
Maintenance-$640.15/mo
Locker-Exclusive
Parking-1 - None
Basement-None
Heating-Baseboard (Electric)
Brokerage-RE/MAX HALLMARK YORK GROUP REALTY LTD.
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Possession-flex/tba
Neighbourhood-Holland Landing
Title-Residential Condo & Other

No agent assigned

Welcome to 166 Olive Street, Unit 109, a beautifully presented ground-floor residence offering over 850 sq. ft. of thoughtfully designed living space in the desirable community of Holland Landing. With its tall ceilings, fresh neutral décor and abundant natural light, this inviting two-bedroom suite offers a wonderful blend of style, comfort and convenience.The open-concept living and dining areas provide an easy, versatile setting for both everyday living and entertaining, while the well-appointed kitchen features stainless steel appliances and ample cabinetry. The recently remodelled 4-piece bathroom adds a fresh, contemporary touch and the spacious in-suite storage/laundry area is equipped with a washer and dryer for exceptional everyday convenience. A rare advantage of this ground-floor location is the direct, convenient access from the suite to the beautifully maintained grounds creating an effortless connection to the outdoors and a lovely extension of the living space. No need here to use the common entrances or the elevator. The unit also includes one exclusive parking space, just a couple of steps from the private entrance and a private locker providing valuable additional storage. A community barbeque and gazebo makes for additional outdoor space for residence to enjoy. Ideally situated in Holland Landing, this welcoming condominium is close to shopping, dining, parks, schools, transit and the many amenities of nearby Newmarket. Whether you're a first-time buyer, downsizer, investor or simply looking for a low-maintenance lifestyle (no more grass cutting and shoveling) this exceptional residence offers an appealing combination of space, modern updates and convenience in a highly desirable setting. Move-in ready and easy to love, this is affordable condominium living at its best.

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

Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$3,025/mo
Mortgage $2,016
Monthly Loss $2,495
Principal$531
Interest$1,486
Property Tax$169
Condo Fees$640
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.7%0
5-Year IRR
6.7%17
10-Year IRR
8.2%
Returns Index
9.6/ 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
$26,400/yr
NOI
$11,652/yr
Net Cash Flow
-$1,045/mo
Cash Margin
-47.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
25.5/ 100

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

Comparables

Properties near 166 Olive Street 109

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.