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Investment signal

$1,218,000

77 PIERCE PLACE

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Beds

Baths

3 full + 1 half

Sqft

—

Year

—

Type

Single Family

Suite

Suite potential

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for New Tecumseth (Tottenham). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Tucked away on a quiet court in Tottenham, this beautifully renovated two-storey home offers 4spacious bedrooms and a walk-out basement with excellent potential for rental income. The private, fully fenced backyard backs onto open meadows, creating a peaceful and scenic setting. The home features all new appliances, smooth ceilings, upgraded lighting with pot lights, a gas fireplace, and elegant hardwood and ceramic tile flooring. The open-concept kitchen is designed for both style and function, complete with a center island, waterfall-edge quartz countertops, matching quartz backsplash, and a walk-out to the balcony-perfect for entertaining. All bathrooms have been upgraded with new quartz vanities. Additional highlights include new garage door openers, central vacuum, freshly painted and a well-thought-out layout ideal for families or investors alike. Conveniently located just steps to Pierce Park and close to all local amenities. (id:65958)

Subtype: Single Family
Structure: House
Community: Tottenham
Common interest: Freehold
Lot dimensions: 39.4 x 108 FT
Bedrooms: 4 above grade
Parking: 6 total
Stories: 2
Fireplace: 1
On market: Jan 29, 2026
Status changed: Apr 16, 2026
Annual tax: $5,670.14
Photos: 41
MLS#: N12738334
Area: NEW_TECUMSETH_(TOTTENHAM)

Features and systems

Parking

Attached GarageGarage

Basement

Walk outN/A

Appliances

AllWasherRefrigeratorCentral VacuumDishwasherStoveDryerMicrowaveHood FanWindow CoveringsGarage door openerWater Heater

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Flooring

HardwoodCarpetedCeramic

Foundation

Concrete

Negative cash flow ~$1,303/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.42%

Cap rate

3.58%

GRM

16.6

Break-even rent

$7,471

Financing

Down payment$243,600

Loan amount$974,400

Mortgage$4,937/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$558

Insurance$80

Maintenance$1,015

CapEx reserve$508

Vacancy loss$305

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $4,937/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.