161 Wellington Street E 410, New Tecumseth

$518,000
161 Wellington Street E 410

$518,000

New
23d
Condo ApartmentApartment

161 Wellington Street E 410, New Tecumseth

Total Monthly Obligation $3,224

Beds
2
Baths
2
Park
2
Sqft
1000-1199
DOM
23d
Score
21
Yield
6.9%
Cash on Cash
-0.6%
Cap Rate
4.5%
5Y IRR
15.1%
10Y IRR
14.3%
Property Type-Condo Apartment
MLS® Number-N13846212
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 30, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,428.11 (2025)
Maintenance-$565.26/mo
Locker-Owned
Parking-3 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 HERITAGE GROUP LTD.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Stucco (Plaster)
Possession-To Be Determined
Neighbourhood-Alliston
Title-Residential Condo & Other

No agent assigned

DARE TO COMPARE! What's NOT to Like? TOP FLOOR. 3 OWNED PARKING SPOTS. LARGE LOCKER. 1,173 SQ. FT.OF LIVING SPACE. This beautiful, spacious condo checks all the boxes-and then some! Enjoy the peace and privacy of top-floor living with nobody above you, along with a feature that is incredibly hard to find: NOT 1... NOT 2... BUT 3 OWNED PARKING SPOTS! Add a large locker for extra storage, and this condo already stands apart from the competition. Step inside to a bright, open-concept layout featuring 9' ceilings, a generous living and dining area, and a well-appointed kitchen with ample countertops and backsplash. The thoughtfully designed split two-bedroom floor plan provides added privacy, making it ideal for couples, downsizers, professionals, or guests. The spacious primary bedroom features its own ensuite with double sinks and awalk-in shower, while a second full bathroom, ensuite laundry, and private balcony add to the comfort and convenience. Located in The Charles at Banting Square, in the growing community of Alliston,you're close to shopping, restaurants, recreation and everyday amenities.So... DARE TO COMPARE - Check off these features! Top floor - nobody above you! *Some photos have been virtually staged.

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

Closing Costs

Mortgage Amount
$414,400
Land Transfer Taxes$6,835
Legal Fees (Est.)
$
Total cash required for closing$111,935

Total Monthly Obligation

$3,224/mo
Mortgage $2,089
Monthly Loss $2,674
Principal$550
Interest$1,540
Property Tax$369
Condo Fees$565
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.6%2
5-Year IRR
11.4%45
10-Year IRR
11.9%
Returns Index
23.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$36,000/yr
NOI
$18,789/yr
Net Cash Flow
-$524/mo
Cash Margin
-17.5%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
26.5/ 100

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

Comparables

Properties near 161 Wellington Street E 410

Time

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Data last updated within the past 24 hours.