157 Wellington Street E 304, New Tecumseth

$424,000
157 Wellington Street E 304

$424,000

New
16d
Condo ApartmentApartment

157 Wellington Street E 304, New Tecumseth

Total Monthly Obligation $2,536

Beds
1
Baths
1
Park
1
Sqft
800-899
DOM
16d
Score
21
Yield
6.2%
Cash on Cash
-2.4%
Cap Rate
4.1%
5Y IRR
13.7%
10Y IRR
13.1%
Property Type-Condo Apartment
MLS® Number-N13872410
Beds-1
Bathrooms-1
Size-800-899 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,348 (2026)
Maintenance-$346.42/mo
Locker-None
Parking-1 - Surface
Basement-None
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-30-90
Neighbourhood-Alliston
Title-Residential Condo & Other

No agent assigned

Stylish Condo Living In The Heart Of Alliston! - This Is Very Nice Unit With Some Upgrades, You will Like it. Ideally Situated In One Of Alliston's Most Desirable Communities, This Beautifully Appointed One-Bedroom Condo Offers A Generous 800 Square Feet Of Bright, Usable Living Space. The Thoughtfully Designed, Open-Concept Floor Plan Maximizes Every Inch, Creating A Home That Is Both Spacious And Highly Functional. Step Out Onto Your Quiet, Private Balcony - The Perfect Spot For Morning Coffee Or Unwinding With A Glass Of Wine In The Evening - Complete With The Added Bonus Of Covered Storage. The Stylish Kitchen Is Anchored By A Warm Wooden Island, Ideal For Casual Dining And Entertaining, And Finished With Elegant Quartz Countertops And A Wide, Deep Sink. Pot Lights Throughout Fill The Space With A Warm Glow, While Large Windows Bring In An Abundance Of Natural Light. Additional Highlights Include Convenient Ensuite Laundry, Remote-Controlled Air Conditioning, And Plenty Of Storage Space. Location Is Everything - And This Condo Delivers. Enjoy The Ease Of Walking To Shops, Restaurants, Parks, And Schools, All Just Steps From Your Door. Commuters Will Appreciate Quick Access To Highways 89, 27, And 400, And The Property Is Ideally Positioned Near The Expanding Honda And Baxter Plants A Promising Sign For Future Growth In The Area. Whether You're A First-Time Buyer, Downsizer, Or Investor, This Is A Wonderful Opportunity To Enjoy Comfortable, Low-Maintenance Living In A Peaceful Setting. Offered At Exceptional Value!

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

Closing Costs

Mortgage Amount
$339,200
Land Transfer Taxes$4,955
Legal Fees (Est.)
$
Total cash required for closing$91,255

Total Monthly Obligation

$2,536/mo
Mortgage $1,710
Monthly Loss $2,086
Principal$450
Interest$1,260
Property Tax$279
Condo Fees$346
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.6%1
5-Year IRR
9.8%34
10-Year IRR
10.6%
Returns Index
18.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$13,628/yr
Net Cash Flow
-$575/mo
Cash Margin
-26.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo65
Risk Index
30.7/ 100

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

Comparables

Properties near 157 Wellington Street E 304

Time

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Data last updated within the past 24 hours.