60 Lorne Thomas Place, New Tecumseth

$599,999
60 Lorne Thomas Place

$599,999

New
18d
Att/Row/Townhouse2-Storey

60 Lorne Thomas Place, New Tecumseth

Total Monthly Obligation $3,093

HausQ Valuation Report
Beds
3
Baths
3
Park
3
Sqft
1500-2000
DOM
18d
Score
22
Yield
5.6%
Cash on Cash
0.2%
Cap Rate
4.6%
5Y IRR
15.7%
10Y IRR
14.7%
Property Type-Att/Row/Townhouse
MLS® Number-N13862176
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-19.17 × 117.6 ft
Listed on site-Oct 5, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-0-5
Taxes-$3,575 (2025)
Parking-4 - Attached
Basement-Unfinished
Heating-Forced Air (Electric)
Brokerage-RE/MAX SKYWAY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick, Hardboard
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-FLEXIBLE
Neighbourhood-Rural New Tecumseth
Title-Residential Freehold

No agent assigned

Welcome to this stunning 2022-built executive freehold townhouse in one of Alliston's most desirable family-friendly neighbourhoods. Beautifully maintained and thoughtfully upgraded, this 3-bedroom, 3-bathroom home offers modern finishes, a functional layout, and true pride of ownership throughout. A major bonus-no sidewalk, allowing parking for 3 cars on the driveway, plus the garage! Step inside to a spacious foyer and a bright, open-concept main floor featuring smooth 9-ft ceilings and oak hardwood flooring. The modern gourmet kitchen is designed to impress with quartz countertops and stainless steel appliances. Upstairs, the primary retreat features a walk-in closet and private en-suite with a glass shower, while the conveniently located second-floor laundry makes everyday living easier. Perfectly situated close to everyday amenities and major employment hubs, including Highway 400, Tanger Outlets, nearby truck stops, and the Honda manufacturing plant. The area is also surrounded by employment opportunities with several nearby manufacturing facilities, including Baxter, as well as major transportation and logistics companies.

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

Closing Costs

Mortgage Amount
$479,999
Land Transfer Taxes$8,475
Legal Fees (Est.)
$
Total cash required for closing$129,975

Total Monthly Obligation

$3,093/mo
Mortgage $2,420
Monthly Loss $2,456
Principal$637
Interest$1,783
Property Tax$298
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.2%2
5-Year IRR
11.5%47
10-Year IRR
11.8%
Returns Index
24.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$33,804/yr
NOI
$22,349/yr
Net Cash Flow
-$558/mo
Cash Margin
-19.8%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7713
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
27.6/ 100

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

Comparables

Properties near 60 Lorne Thomas Place

Time

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Data last updated within the past 24 hours.