6012 2nd Line, New Tecumseth, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural New Tecumseth. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $539,000 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 82 x 132 ft lot
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via propane
Description
Bring your vision and transform this solid 3-bedroom bungalow into the rural retreat you've always wanted. Offering approximately 1,400 sq. ft. of main floor living space, this home features a spacious living room, separate dining room, a full bathroom, and a functional layout ready for your personal touch.Situated on a private country property serviced by well and septic, this home offers the peace and tranquility of rural living while remaining conveniently close to town. Whether you're a first-time buyer looking to build equity, an investor, or a renovator searching for your next project, this property presents exceptional potential.This home is in need of updating and renovation and is being offered as an excellent opportunity for those willing to invest some TLC. With imagination and hard work, you can restore this property to its full potential and create a beautiful country home tailored to your tastes.Enjoy the best of both worlds with a quiet rural setting just 10 minutes to the shops, restaurants, schools, and everyday amenities of Tottenham or Schomberg, and only 20 minutes to Newmarket for major shopping, entertainment, healthcare, and commuter connections. If you've been searching for an affordable country property with outstanding potential in a desirable location, this is your chance to roll up your sleeves and create something truly special. Bring your ideas, your contractor, and your imagination-this diamond in the rough is waiting for its next chapter!
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Pricing & Value Insights
Data-driven valuation for 6012 2nd Line, New Tecumseth, ON L0G 1W0
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About Purchasing a Home in New Tecumseth, ON
For a property listed at $539,000 in New Tecumseth, the legal minimum down payment is $28,900 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 $7,255 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 $7,255.
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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.