87 Wellington Street E, New Tecumseth

$525,000
87 Wellington Street E

$525,000

New
7d
Detached1 1/2 Storey

87 Wellington Street E, New Tecumseth

Total Monthly Obligation $2,717

Beds
3
Baths
1
Park
4
Sqft
700-1100
DOM
7d
Score
23
Yield
5.9%
Cash on Cash
1.8%
Cap Rate
5.0%
5Y IRR
17.0%
10Y IRR
15.8%
Property Type-Detached
MLS® Number-N14085848
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-17.8 × 30.63 ft
Listed on site-Oct 16, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$2,689 (2025)
Parking-4 - None
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-COLDWELL BANKER RONAN REALTY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-30-59 days
Neighbourhood-Alliston
Title-Residential Freehold

No agent assigned

Welcome to 87 Wellington Street in Alliston a beautifully upgraded home where the big updates have already been taken care of, so you can move in, settle in, and enjoy! Thoughtfully renovated throughout, this charming homes a functional layout, making it an excellent choice for first-time buyers, downsizers, or investors.The main level has been refreshed with all-new flooring and ceilings, creating a bright, contemporary feel. The bathroom has also been beautifully updated, and important mechanical upgrades include a brand-new furnace, updated electrical throughout, and an owned hot water tank, giving you added peace of mind and fewer things to worry about after moving in.The home features a spacious main-floor primary bedroom plus an additional upstairs bedroom that can easily serve as a guest room, family space, or home office. The basement offers a cozy sitting area and additional flexible living space.Step outside through the brand-new sliding glass door to a generously sized in-town lot with plenty of room to enjoy the outdoors. The four-car driveway provides exceptional parking convenience for residents and guests.With so many of the major updates already completed, this is an opportunity to skip the renovation list and start enjoying your new home from day one. Ideally located in Alliston close to schools, parks, shopping, restaurants, and everyday amenities, 87 Wellington Street is a home that offers comfort, convenience, and the peace of mind that comes with extensive recent upgrades. Please note some photos have been virtually rendered.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$420,000
Land Transfer Taxes$6,975
Legal Fees (Est.)
$
Total cash required for closing$113,475

Total Monthly Obligation

$2,717/mo
Mortgage $2,118
Monthly Loss $2,160
Principal$557
Interest$1,560
Property Tax$224
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-4.0%3
5-Year IRR
12.5%54
10-Year IRR
12.6%
Returns Index
28.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$31,200/yr
NOI
$20,891/yr
Net Cash Flow
-$377/mo
Cash Margin
-14.5%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.8215
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
31.2/ 100

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

Comparables

Properties near 87 Wellington Street E

Time

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Data last updated within the past 24 hours.