Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Tottenham. Expertly crafted featuring premium aluminum siding and vinyl siding construction, this residence presents an exceptional opportunity offered at $699,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Exceptional Cash Flow & Investment Opportunity in the Heart of Tottenham! Situated on a rare 82.5-foot frontage on a large lot along one of Tottenham's busiest Main Street corridors, this high-visibility property benefits from constant vehicle traffic, outstanding exposure, and exceptional long-term investment appeal. With exciting future development and commercial potential (buyer to complete their own due diligence), this is a unique opportunity for investors, developers, or business owners looking to secure a prime location in a growing community. This spacious property features 6 bedrooms and 6 washrooms, offering outstanding versatility for investors or multi-generational families. Currently generating over $70,000 in annual rental income, it provides immediate cash flow with additional upside. The unfinished basement presents an excellent opportunity to create even more rental income or customize the space to suit your needs. Ideally located within walking distance to shops, restaurants, schools, and everyday amenities, this is a rare opportunity to own a high-exposure, income-producing property on a premium Main Street lot with tremendous future upside. Recent upgrades include new windows, roof, interior and exterior pot lights, and many additional improvements. A truly one-of-a kind investment opportunity with income today and exceptional potential for tomorrow.
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This detached home located at 102 Queen Street, New Tecumseth is currently for sale and has been available on SousaSells for 4 days. This property is listed at $699,900 with an estimated mortgage of $2,330* per month. It has 6 beds, 5 bathrooms, and is 2000-2500 square feet. 102 Queen Street, New Tecumseth is in the Tottenham neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Water Heater
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 102 Queen Street S, New Tecumseth, ON L0G 1W0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in New Tecumseth.
About Purchasing a Home in New Tecumseth, ON
For a property listed at $699,900 in New Tecumseth, the legal minimum down payment is $44,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $10,473 for this transaction. As this listing is in New Tecumseth (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.