37 Turner Drive, New Tecumseth

$1,299,900
37 Turner Drive

$1,299,900

New
17d
Detached2-Storey

37 Turner Drive, New Tecumseth

Total Monthly Obligation $6,070

Beds
5
Baths
4
Park
2
Sqft
2000-2500
DOM
17d
Score
14
Yield
2.6%
Cash on Cash
-11.9%
Cap Rate
2.0%
5Y IRR
6.3%
10Y IRR
7.4%
Property Type-Detached
MLS® Number-N13865826
Beds-5
Bathrooms-4
Size-2000-2500 sqft
Lot Size-11 × 34 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,416.72 (2026)
Parking-4 - Attached
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-HOMELIFE REGIONAL REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas, Electric
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-60-90 days/TBA
Neighbourhood-Tottenham
Title-Residential Freehold

No agent assigned

Welcome to 37 Turner Drive, ideally situated on one of Tottenham's most prestigious and sought-after streets, backing onto a scenic ravine and protected conservation lands. This exceptional residence offers a rare combination of luxury, privacy, and breathtaking natural surroundings. Pride of ownership is evident throughout this meticulously upgraded home, offering approximately 2,200 sq. ft. of finished living space above grade, plus an additional 1,100 sq. ft. in the professionally finished walkout basement. The main level features 9-foot ceilings, hardwood floors, a cozy built-in fireplace, an open-concept living and dining area, a convenient 2-piece powder room, and a laundry room with direct access to the garage. The modern chef's kitchen is beautifully appointed with granite countertops, stainless steel appliances, a centre island, and ample cabinetry, making it ideal for both everyday living and entertaining. The second level offers a spacious primary retreat complete with a walk-in closet and a spa-inspired 5-piece ensuite. Three additional generously sized bedrooms, a custom office nook, and a well-appointed 4-piece bathroom provide exceptional space for family living. The professionally finished walkout basement is the ultimate entertainment space-a true "man cave" featuring a fireplace, recreation area, arcade/games room (or optional fifth bedroom), a 3-piece bathroom, and abundant storage. Outdoor living is exceptional, featuring a sun-soaked two-tier deck with sleek glass railings, a covered BBQ area with a gas hookup, and breathtaking views overlooking the tranquil ravine and protected conservation lands. Built in 2016, this extraordinary home perfectly blends sophisticated living with small-town charm, just minutes from excellent schools, parks, shopping, restaurants, and everyday amenities. A truly rare offering on one of Tottenham's finest streets, with an exceptional ravine setting that provides unmatched privacy and a picturesque natural backdrop.

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

Closing Costs

Mortgage Amount
$1,039,920
Land Transfer Taxes$22,473
Legal Fees (Est.)
$
Total cash required for closing$283,953

Total Monthly Obligation

$6,070/mo
Mortgage $5,243
Monthly Loss $4,690
Principal$1,380
Interest$3,864
Property Tax$451
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.6%10
Cash-on-Cash
-15.0%0
5-Year IRR
3.8%8
10-Year IRR
5.8%
Returns Index
5.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$34,200/yr
NOI
$20,863/yr
Net Cash Flow
-$3,505/mo
Cash Margin
-123.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.332
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo25
Risk Index
15.2/ 100

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

Comparables

Properties near 37 Turner Drive

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.