406 Green Gate Boulevard, Cambridge

$640,600
406 Green Gate Boulevard

$640,600

New
29d
Att/Row/Townhouse2-Storey

406 Green Gate Boulevard, Cambridge

Total Monthly Obligation $3,408

Beds
3
Baths
3
Park
1
Sqft
1500-2000
DOM
29d
Score
19
Yield
5.1%
Cash on Cash
-3.4%
Cap Rate
3.9%
5Y IRR
12.9%
10Y IRR
12.5%
Property Type-Att/Row/Townhouse
MLS® Number-X13823230
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-20 × 98 ft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$5,383 (2026)
Parking-2 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-PSR
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-End of Jan 2027
Title-Residential Freehold

No agent assigned

Quick move-in opportunity in Moffat Creek by Ridgeview Homes. This spacious freehold townhome offers 1,500+ sq. ft., an open-concept layout, generous room sizes, abundant natural light and a large kitchen. Enjoy an impressive primary ensuite with double sinks and tiled glass shower, plus a 3-piece basement rough-in. Construction has started, allowing buyers to personalize interior finishes while capping development fees at $0. Enjoy 100% freehold living with no condo fees, monthly maintenance fees or POTL fees. Conveniently located near a new school, shopping and everyday amenities. This home is to be built, giving buyers the opportunity to personalize their new home by selecting finishes and customizing available features. Photos are for inspiration purposes only and are of the model home, which is an end unit. Certain features and finishes shown in the photos are upgrades and may not be included in the base price. Price reflects the full HST rebate. Purchasers must qualify and agree to assign the rebate back to the Builder.

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

Closing Costs

Mortgage Amount
$512,480
Land Transfer Taxes$9,287
Legal Fees (Est.)
$
Total cash required for closing$138,907

Total Monthly Obligation

$3,408/mo
Mortgage $2,584
Monthly Loss $2,728
Principal$680
Interest$1,904
Property Tax$449
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%19
Cash-on-Cash
-8.4%1
5-Year IRR
9.1%29
10-Year IRR
9.9%
Returns Index
15.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$32,592/yr
NOI
$19,450/yr
Net Cash Flow
-$963/mo
Cash Margin
-35.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
24.1/ 100

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

Comparables

Properties near 406 Green Gate Boulevard

Time

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