88 Green Briar Road, New Tecumseth

$648,888
88 Green Briar Road

$648,888

New
2d
Detached CondoBungaloft

88 Green Briar Road, New Tecumseth

Total Monthly Obligation $3,771

Beds
3
Baths
3
Park
2
Sqft
1800-1999
DOM
2d
Score
27
Yield
7.6%
Cash on Cash
4.5%
Cap Rate
5.5%
5Y IRR
19.1%
10Y IRR
17.6%
Property Type-Detached Condo
MLS® Number-N14101134
Beds-3
Bathrooms-3
Size-1800-1999 sqft
Listed on site-Oct 21, 2026
Style-Bungaloft
Building Type-Detached Condo
Age-31-50
Taxes-$4,062.54 (2025)
Maintenance-$615/mo
Locker-None
Parking-3 - Built-In
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-FARIS TEAM REAL ESTATE BROKERAGE
Cooling-Central Air
Laundry-Yes
Fireplace-Natural Gas
Pool-None
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Concrete
Possession-Immediate
Neighbourhood-Rural New Tecumseth
Title-Residential Condo & Other

No agent assigned

Top 5 Reasons You Will Love This Condo: 1) Enjoy a beautiful setting in the desirable Green Briar community, backing onto the golf course and offering peaceful views in a welcoming adult-lifestyle neighbourhood 2) Appreciate the versatility of a spacious bungaloft layout featuring a convenient main level primary suite, along with an upper loft that provides additional living space for overnight guests, a home office, or a comfortable retreat 3) Gather with family and friends in the bright open-concept living and dining areas, offering an inviting layout with plenty of space for both everyday living and effortless entertaining 4) Extend your living space in the finished basement, providing even more room for a recreation area, hobbies, guests, or additional storage to suit your lifestyle needs 5) Embrace a low-maintenance condo lifestyle where exterior maintenance is taken care of, giving you more time to enjoy the active Green Briar community and its variety of social events and opportunities to connect with neighbours. 1,893 above grade sq.ft. plus a finished basement. *Please note some images have been virtually staged to show the potential of the condo.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$519,110
Land Transfer Taxes$9,453
Legal Fees (Est.)
$
Total cash required for closing$140,731

Total Monthly Obligation

$3,771/mo
Mortgage $2,617
Monthly Loss $3,082
Principal$689
Interest$1,929
Property Tax$339
Condo Fees$615
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.7%35
Cash-on-Cash
-0.5%7
5-Year IRR
15.4%74
10-Year IRR
15.0%
Returns Index
39.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
27/ 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
$30,718/yr
Net Cash Flow
-$58/mo
Cash Margin
-1.4%4
Cash Flow Index
3.6/ 100
Risk Profile
Weight: 20%
DSCR
0.9825
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
27.9/ 100

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

Comparables

Properties near 88 Green Briar Road

Time

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Data last updated within the past 24 hours.