213 Eight Avenue, New Tecumseth

$1,249,900
213 Eight Avenue

$1,249,900

New
14d
Detached2-Storey

213 Eight Avenue, New Tecumseth

Total Monthly Obligation $5,906

Beds
5
Baths
5
Park
3
Sqft
2500-3000
DOM
14d
Score
15
Yield
2.9%
Cash on Cash
-10.9%
Cap Rate
2.3%
5Y IRR
7.1%
10Y IRR
8.0%
Property Type-Detached
MLS® Number-N13883576
Beds-5
Bathrooms-5
Size-2500-3000 sqft
Lot Size-53.31 × 108.35 ft
Listed on site-Oct 9, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,875.34 (2025)
Parking-6 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX WEST REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-Inground
Facing-East
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Alliston
Title-Residential Freehold

No agent assigned

Luxury Living in the Heart of Alliston! Welcome to 213 8th Ave, an exceptional home offering over 4,000 sq. ft. of finished luxury living space, thoughtfully designed for sophisticated entertaining and comfortable family living. The open-concept main floor features beautiful hardwood flooring and pot lights throughout, a stunning custom kitchen, spacious living and dining areas, and a large main-floor office/denideal for working from home. The inviting living room showcases a fireplace, creating the perfect gathering space for family and guests. Upstairs, the impressive primary suite offers a luxurious private retreat, complete with its own fireplace and plenty of space to unwind. Three additional large bedrooms provide exceptional accommodations for family and guests. The second and third bedrooms feature walk-in closets and semi-ensuite access, while the third and fourth bedrooms are connected by a convenient Jack & Jill bathroom. The finished basement adds even more versatility, featuring two additional bedrooms and abundant finished living space, perfect for extended family, guests, a home gym, recreation area, or additional living needs. Step outside and discover your own private backyard oasis, featuring a saltwater swimming pool and hot tub. Whether hosting summer gatherings, enjoying a quiet evening by the pool, or relaxing in the hot tub, this backyard is designed for year-round enjoyment. A heated three-car garage provides exceptional parking, storage, and convenience, adding another level of functionality to this impressive property. With over 4,000 sq. ft. of finished living space, a custom kitchen, multiple fireplaces, four spacious bedrooms upstairs, two additional basement bedrooms, and an incredible resort-style backyard, 213 8th Ave is a rare opportunity to experience luxury, space, and comfort in one exceptional Alliston home.

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$
(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$999,920
Land Transfer Taxes$21,473
Legal Fees (Est.)
$
Total cash required for closing$272,953

Total Monthly Obligation

$5,906/mo
Mortgage $5,042
Monthly Loss $4,580
Principal$1,327
Interest$3,715
Property Tax$490
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.1%0
5-Year IRR
4.5%10
10-Year IRR
6.3%
Returns Index
6.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$36,600/yr
NOI
$22,565/yr
Net Cash Flow
-$3,161/mo
Cash Margin
-103.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.373
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo25
Risk Index
15.5/ 100

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

Comparables

Properties near 213 Eight Avenue

Time

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Data last updated within the past 24 hours.