157 Wellington Street E 103, New Tecumseth

$424,900
157 Wellington Street E 103

$424,900

New
22d
Condo ApartmentApartment

157 Wellington Street E 103, New Tecumseth

Total Monthly Obligation $2,559

Beds
1
Baths
1
Park
1
Sqft
800-899
DOM
22d
Score
20
Yield
6.2%
Cash on Cash
-2.7%
Cap Rate
4.0%
5Y IRR
13.4%
10Y IRR
12.9%
Property Type-Condo Apartment
MLS® Number-N13847198
Beds-1
Bathrooms-1
Size-800-899 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Age-6-10
Taxes-$3,440.95 (2026)
Maintenance-$357.88/mo
Locker-None
Parking-1 - Surface
Basement-None
Heating-Forced Air (Gas)
Brokerage-COLDWELL BANKER - R.M.R. REAL ESTATE
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-immediate
Neighbourhood-Alliston
Title-Residential Condo & Other

No agent assigned

Welcome to The Atwood at Banting Square in Alliston built by Pratt Homes! At Unit 103-157 Wellington St E, discover comfortable, low-maintenance condo living in this bright and inviting suite offering just under 900 sq. ft. of thoughtfully designed living space. This well-maintained unit features 1 spacious bedroom with a double closet, 1 full bathroom, and a bright open-concept layout that seamlessly connects the kitchen, dining, and living areas.The kitchen is designed for both everyday living and entertaining, featuring granite countertops, a centre island, custom backsplash, and stainless steel appliances. Enjoy the convenience of in-suite laundry with washer and dryer, your own owned parking space, and a large covered balcony-perfect for morning coffee, relaxing outdoors, or enjoying the fresh air year-round.Located in an approximately 8-year-old building, this home offers the convenience of modern condo living while being just a hop, skip and a jump from Downtown Alliston, where you'll find shopping, restaurants, cafés, services, and everyday amenities right nearby.The location also puts recreation and the outdoors within easy reach: approximately 5 minutes to the Alliston Recreation Centre, 10 minutes to Earl Rowe Provincial Park, 17 minutes to Highway 400, 28 minutes to the beach, and just 35 minutes to Barrie.Whether you're a first-time buyer, downsizer, professional, or looking for a low-maintenance home close to everything, this is an opportunity to enjoy space, convenience, and lifestyle in one great location. Come see why this could be the perfect place to call home!

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

Closing Costs

Mortgage Amount
$339,920
Land Transfer Taxes$4,973
Legal Fees (Est.)
$
Total cash required for closing$91,453

Total Monthly Obligation

$2,559/mo
Mortgage $1,714
Monthly Loss $2,108
Principal$451
Interest$1,263
Property Tax$287
Condo Fees$358
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%19
Cash-on-Cash
-7.8%1
5-Year IRR
9.6%33
10-Year IRR
10.4%
Returns Index
17.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$26,148/yr
NOI
$13,398/yr
Net Cash Flow
-$597/mo
Cash Margin
-27.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo65
Risk Index
30.4/ 100

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

Comparables

Properties near 157 Wellington Street E 103

Time

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Data last updated within the past 24 hours.