1 Watson Drive, New Tecumseth, ON

$1,228,000
MLS#:N12164104
5 beds
4 baths
2500-3000 sqft
7.0 parking
Residential Freehold
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Property no longer active

This property was sold on June 18, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Tottenham. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,228,000 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.

  • 5 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2500-3000 sqft on a premium 63.85 x 105 ft lot
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Central Vacuum, ERV/HRV
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this stunning corner-lot home located on one of the most desirable streets in the area. Offering nearly 3000sqf of above grade living space, this beautiful maintained property is ideal for families seeking comfort, space, and versatility.The main floor features rich hardwood flooring, oversized windows that flood the space with natural light and a full bathroom for added convenience. The spacious parlor can easily be converted into a guest bedroom or home office, perfect for todays flexible living needs. The kitchen is a true highlight, complete with granite countertops, stainless steel appliances, pot lights, and functional layout that flows seamlessly into dining and living areas.Upstairs, youll find a thoughtfully designed layout featuring four generous bedrooms. The primary suite include a large walk in closet and ensuite bathroom, the second bedroom also enjoy a private ensuite bathroom, the third and fourth bedroom are connected by a stylish Jack and Jill bathroom ideal for siblings. The convenience of second floor laundry makes daily chores effortless, while a large windows in every room bring in natural light and create a warm, inviting atmosphere.Step outside to enjoy landscaped backyard featuring a custom layout with stone patio, two gazebo and shed. Ideal for summer entertaining or peaceful relaxation, the double attached garage and oversized driveway with space for up to 5 vehicles offer plenty of parking for family and guests.The unfinished basement present an incredible opportunity to add your personal touch, weather its a media room, gym, or extra living space, the potential is your to unlock.The house is located just minutes from a brand new plaza, school, parks, etc. this home offer the perfect balance of style, space and convenience. Dont miss your chance to make it yo

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Property Summary

This detached home located at 1 Watson Drive, New Tecumseth is currently for sale and has been available on SousaSells for 422 days. This property is listed at $1,228,000 with an estimated mortgage of $4,088* per month. It has 5 beds, 4 bathrooms, and is 2500-3000 square feet. 1 Watson Drive, New Tecumseth is in the Tottenham neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
5
Bathrooms
4
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 18, 2025
Sold price information is available to members only
Listed Date5/21/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementUnfinished
Lot Size63.85 × 105 Feet
CountySimcoe
Annual Tax$5,765.75
Legal DescriptionLot 55 PLAN 51M1025 subject o an easement for EN

Parking & Garage

Parking Spaces7.0
Garage Spaces5
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, School, School Bus Route

Interior Features

Auto Garage Door Remote, Central Vacuum, ERV/HRV, Sump Pump, Ventilation System, Water Softener, Water Heater

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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1 Watson Drive, New Tecumseth, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1 Watson Drive, New Tecumseth, ON L0G 1W0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in New Tecumseth.

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Interest Rate4.00%
Down Payment$368,400 (30.0%)
* Minimum Canadian down payment required for this price is $245,600.
Amortization Period30 Years
Estimated Monthly Payment$4,088Based on a loan of $859,600 over 30 years.
Purchase Price$1,228,000
Loan Amount$859,600
Provincial Land Transfer Tax:$21,035
Total Estimated Closing Taxes:$21,035

About Purchasing a Home in New Tecumseth, ON

For a property listed at $1,228,000 in New Tecumseth, the legal minimum down payment is $245,600 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 $21,035 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 $21,035.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Tottenham, New Tecumseth.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$982,651

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.