5 IRWIN Crescent, New Tecumseth

$698,000
5 IRWIN Crescent

$698,000

New
4d
Detached2-Storey

5 IRWIN Crescent, New Tecumseth

Total Monthly Obligation $3,498

Beds
3
Baths
3
Park
2
Sqft
1100-1500
DOM
4d
Score
18
Yield
4.3%
Cash on Cash
-5.6%
Cap Rate
3.4%
5Y IRR
11.2%
10Y IRR
11.1%
Property Type-Detached
MLS® Number-N14092996
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-39.07 × 105.02 ft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$3,694 (2025)
Parking-3 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-HOMELIFE CLASSIC REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Vinyl Siding, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Alliston
Title-Residential Freehold

No agent assigned

Turn-Key Detached Home in Sought-After Devonleigh Neighbourhood. Welcome to this beautifully updated, move-in ready detached home located in the highly desirable Devonleigh community. Thoughtfully upgraded throughout, this carpet-free residence combines modern finishes, functional living space, and exceptional pride of ownership.The main and upper levels feature brand new hardwood flooring, complemented by newly finished hardwood stairs with upgraded railings and spindles. The bright, open-concept layout connects the kitchen and dining area seamlessly, creating an inviting space for everyday living and entertaining.The upper level offers three spacious bedrooms, including a large primary suite complete with his and hers closets, and a well-appointed 4-piece bathroom.Extensive recent upgrades provide peace of mind and long-term value, including brand new windows throughout the entire home, new front and rear doors (with built-in blinds on the rear door), new window coverings, and a new sump pump. The kitchen has been refreshed with an upgraded sink and faucet, adding a modern touch to the heart of the home.The walkout from the kitchen leads to a large deck overlooking a beautifully landscaped backyard featuring a garden shed, greenhouse, and gazebo-ideal for relaxing or entertaining in a private outdoor setting.The fully finished lower level expands the living space with a spacious family room and a large 3-piece bathroom, along with convenient lower-level laundry.A standout feature is the insulated garage, professionally converted into a workshop complete with a ventilation system-perfect for hobbyists, trades, or additional functional space year-round.Ideally located close to parks, schools (both public and Catholic within walking distance), and just minutes from downtown Alliston, this exceptional property offers the perfect blend of comfort, convenience, and modern upgrades. A true turn-key home that is ready to move in and enjoy.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$558,400
Land Transfer Taxes$10,435
Legal Fees (Est.)
$
Total cash required for closing$151,535

Total Monthly Obligation

$3,498/mo
Mortgage $2,816
Monthly Loss $2,757
Principal$741
Interest$2,075
Property Tax$308
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.2%1
5-Year IRR
7.6%21
10-Year IRR
8.7%
Returns Index
11.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$29,700/yr
NOI
$18,536/yr
Net Cash Flow
-$1,271/mo
Cash Margin
-51.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo45
Risk Index
23.1/ 100

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

Comparables

Properties near 5 IRWIN Crescent

Time

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