61 Fisher Street, King

$2,688,000
61 Fisher Street

$2,688,000

New
16d
Detached2-Storey

61 Fisher Street, King

Total Monthly Obligation $12,027

Beds
4
Baths
3
Park
4
Sqft
2500-3000
DOM
16d
Score
13
Yield
2.0%
Cash on Cash
-14.1%
Cap Rate
1.6%
5Y IRR
4.6%
10Y IRR
6.2%
Property Type-Detached
MLS® Number-N13870916
Beds-4
Bathrooms-3
Size-2500-3000 sqft
Lot Size-75 × 180 ft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Detached
Taxes-$9,710.9 (2026)
Parking-6 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX EXPERTS
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick Front
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-King City
Title-Residential Freehold

No agent assigned

Welcome to 61 Fisher Street - a beautifully renovated 4+1 bedroom, 3 bathroom home set on a quiet court in one of King City's most desirable family-friendly neighbourhoods. Offering an exceptional combination of modern updates, generous bedroom accommodation and extraordinary outdoor living, this is a home designed for both everyday family life and memorable entertaining.The thoughtfully renovated interior offers a warm, contemporary feel with well-proportioned living spaces and four bedrooms on the main living levels, plus a fifth bedroom providing additional flexibility for guests, older children, a home office or extended family.The backyard is an exceptional private retreat. Enjoy a 38' x 18' saltwater pool, six-person spa and impressive four-season cabana, creating an outdoor setting that can be enjoyed from summer through winter. From poolside afternoons and spa evenings to entertaining family and friends in the cabana, this is a rare backyard designed around year-round enjoyment.Ideally located in the heart of King City, the home is within walking distance of Memorial Park, splash pads, soccer fields, baseball diamonds and scenic walking trails, along with some of King City's best restaurants, cafés and local amenities. Families will appreciate the proximity to highly regarded private schools, while convenient access to Highway 400 makes commuting throughout the GTA easy.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$2,150,400
Land Transfer Taxes$53,675
Legal Fees (Est.)
$
Total cash required for closing$592,775

Total Monthly Obligation

$12,027/mo
Mortgage $10,843
Monthly Loss $9,174
Principal$2,853
Interest$7,989
Property Tax$809
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.3%9
Cash-on-Cash
-16.5%0
5-Year IRR
2.6%6
10-Year IRR
4.9%
Returns Index
4.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
13/ 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
$54,528/yr
NOI
$34,864/yr
Net Cash Flow
-$7,937/mo
Cash Margin
-174.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.272
LTV Ratio
80.0%18
Vacancy Buffer
0.8 mo15
Risk Index
11.7/ 100

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

Comparables

Properties near 61 Fisher Street

Time

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