124 McGahey Street, New Tecumseth

$1,139,000
124 McGahey Street

$1,139,000

New
2d
Detached2-Storey

124 McGahey Street, New Tecumseth

Total Monthly Obligation $5,478

Beds
5
Baths
4
Park
4
Sqft
2000-2500
DOM
2d
Score
15
Yield
3.0%
Cash on Cash
-10.9%
Cap Rate
2.2%
5Y IRR
7.1%
10Y IRR
8.0%
Property Type-Detached
MLS® Number-N14103434
Beds-5
Bathrooms-4
Size-2000-2500 sqft
Lot Size-49 × 113.26 ft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,100.01 (2026)
Parking-6 - Built-In
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-REMAX YOUR COMMUNITY REALTY
Cooling-Central Air
Laundry-No
Fireplace-Family Room
Pool-None
Facing-East
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Tottenham
Title-Residential Freehold

No agent assigned

Bright & Beautifully Maintained Corner Property in Desirable Tottenham! Enjoy An Abundance of Natural Light, A Functional Layout. Finished Walk-Out Basement Offers Excellent Additional Living Space with Versatile Potential for Family Living, Recreation or A Home Office. Ideally Located Close to Parks, Schools, Shopping, Restaurants & Everyday Amenities. A Wonderful Opportunity To Own A Well-Maintained Home in a Great Community!

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

Closing Costs

Mortgage Amount
$911,200
Land Transfer Taxes$19,255
Legal Fees (Est.)
$
Total cash required for closing$248,555

Total Monthly Obligation

$5,478/mo
Mortgage $4,594
Monthly Loss $4,269
Principal$1,209
Interest$3,385
Property Tax$508
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.3%0
5-Year IRR
4.4%9
10-Year IRR
6.3%
Returns Index
6.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$34,200/yr
NOI
$20,180/yr
Net Cash Flow
-$2,913/mo
Cash Margin
-102.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.373
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo27
Risk Index
16.1/ 100

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

Comparables

Properties near 124 McGahey Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.