6 Forest Link Court, New Tecumseth

$675,000
6 Forest Link Court

$675,000

New
9d
Detached Condo2-Storey

6 Forest Link Court, New Tecumseth

Total Monthly Obligation $3,895

Beds
3
Baths
4
Park
2
Sqft
1800-1999
DOM
9d
Score
25
Yield
7.3%
Cash on Cash
3.3%
Cap Rate
5.3%
5Y IRR
18.2%
10Y IRR
16.8%
Property Type-Detached Condo
MLS® Number-N14033998
Beds-3
Bathrooms-4
Size-1800-1999 sqft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Detached Condo
Age-16-30
Taxes-$4,764 (2025)
Maintenance-$575/mo
Locker-Exclusive
Parking-4 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-FIRST CHOICE REALTY ONTARIO LTD.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-30-
Neighbourhood-Rural New Tecumseth
Title-Residential Condo & Other

No agent assigned

A perfect blend of living space and amenities. Welcome home to the Michaelangelo. A friendly, safe neighborhood, perfect for professionals, retirees, or working individuals. Wonderful living space, especially suited for occupants desiring ample space for guests, an office, or space, unavailable in models with vaulted ceilings or smaller footprints. Perfect for extended families comprised of retired and/or professional adults who have a need for a home office, library, etc. This exceptional offering is on a desirable street in a desirable, executive residential area. The Michaelangelo model offers over 1800 sq ft (apbp) above grade, along with a finished lower area and a rare 3-bedroom layout (or modified 2 br plus den), plus a double garage with opener. Enjoy the comfortable living room, featuring a gas fireplace and side windows. The spacious kitchen, combined with a breakfast area, features ceramic flooring, a huge pantry, Maple cabinets, and a walkout to the deck. The recreation room features broadloom, 3 above-grade windows, a 3-piece bath, and a gas fireplace, plus a walk-in closet. The large primary bedroom features a 4-piece ensuite, walk-in closet, and comfortable broadloom. The spacious 2nd bedroom features a 3-piece ensuite. This is a truly rare offering (as the majority of models are 1+1 or loft layouts, which may not be ideal for blended, adult families). New entry door just installed in October 2025. Lovely landscaped property with a huge deck for relaxation or your BBQ.

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

Closing Costs

Mortgage Amount
$540,000
Land Transfer Taxes$9,975
Legal Fees (Est.)
$
Total cash required for closing$146,475

Total Monthly Obligation

$3,895/mo
Mortgage $2,723
Monthly Loss $3,178
Principal$716
Interest$2,006
Property Tax$397
Condo Fees$575
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.5%32
Cash-on-Cash
-1.5%5
5-Year IRR
14.6%69
10-Year IRR
14.3%
Returns Index
36.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$49,512/yr
NOI
$30,497/yr
Net Cash Flow
-$181/mo
Cash Margin
-4.4%2
Cash Flow Index
2.0/ 100
Risk Profile
Weight: 20%
DSCR
0.9322
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo39
Risk Index
26.4/ 100

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

Comparables

Properties near 6 Forest Link Court

Time

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