37 McGovern Street, New Tecumseth

$1,149,000
37 McGovern Street

$1,149,000

New
22d
Detached2-Storey

37 McGovern Street, New Tecumseth

Total Monthly Obligation $5,507

Beds
4
Baths
5
Park
4
Sqft
2500-3000
DOM
22d
Score
16
Yield
3.7%
Cash on Cash
-7.8%
Cap Rate
2.9%
5Y IRR
9.4%
10Y IRR
9.8%
Property Type-Detached
MLS® Number-N13851728
Beds-4
Bathrooms-5
Size-2500-3000 sqft
Lot Size-43.01 × 111.63 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,962 (2025)
Parking-6 - Attached
Basement-Partially Finished
Heating-Forced Air (Electric)
Brokerage-COLDWELL BANKER RONAN REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Tottenham
Title-Residential Freehold

No agent assigned

Welcome to an exceptional family home in the charming community of Tottenham, where timeless curb appeal meets a thoughtfully designed interior made for everyday living and entertaining. Built in 2017 and offering an impressive 2,730 sq. ft. of living space above grade, this four-bedroom home combines generous proportions, a functional layout, and a location that puts everyday conveniences within easy reach. The heart of the home features a spacious kitchen with center island overlooking the bright breakfast area, that leads into the formal living and dining space, perfect for everything from busy family mornings to hosting friends and family. Main-floor laundry, a convenient powder room and direct garage access add to the home's everyday functionality. Upstairs, the expansive primary suite feels like a true retreat, complete with a private ensuite and separate his-and-hers walk-in closets. Three additional generously sized bedrooms and multiple bathrooms provide plenty of space and privacy for the entire family. The partially finished basement adds even more versatility, already featuring an additional 3-piece bathroom and finished room, with plenty of remaining space to create exactly what works for you - whether that's a recreation room, gym, playroom or additional living space. Outside, the striking brick exterior, double-car garage and covered front porch create beautiful curb appeal, while the property offers plenty of room to enjoy outdoors. Spacious, functional and beautifully situated, this is a home designed for real family life, with room to gather, room to grow and room to make it your own.

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

Closing Costs

Mortgage Amount
$919,200
Land Transfer Taxes$19,455
Legal Fees (Est.)
$
Total cash required for closing$250,755

Total Monthly Obligation

$5,507/mo
Mortgage $4,635
Monthly Loss $4,287
Principal$1,220
Interest$3,415
Property Tax$497
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.4%0
5-Year IRR
6.6%16
10-Year IRR
7.9%
Returns Index
9.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$42,000/yr
NOI
$27,338/yr
Net Cash Flow
-$2,357/mo
Cash Margin
-67.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo27
Risk Index
16.6/ 100

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

Comparables

Properties near 37 McGovern Street

Time

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