109 Cunningham Drive, New Tecumseth, ON

$869,000
MLS#:N9055248
4 beds
3 baths
2000-2500 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on August 27, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Sidesplit 3 detached located in the coveted neighborhood of Alliston. Expertly crafted featuring premium brick and other construction, this residence presents an exceptional opportunity offered at $869,000 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.

  • 4 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 50 x 130 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: In-Law Suite
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to your ideal family haven nestled in the heart of Alliston, where comfort meets convenience in this captivating 3+1 bedroom residence. Situated on a peaceful dead-end street, this spacious abode offers an array of features sure to delight both homeowners and investors alike.Step inside to discover a warm and inviting atmosphere, highlighted by gleaming hardwood flooring that extends throughout the main living areas. The updated kitchen is a chef's delight, boasting modern appliances, ample cabinetry, and a stylish design that is as functional as it is beautiful. Adjacent to the kitchen, the dining area provides the perfect space for family meals and gatherings. Relax and unwind in the cozy living room, bathed in natural light and featuring a charming ambiance ideal for both relaxation and entertainment. Three generously sized bedrooms offer plenty of space for the whole family, each adorned with hardwood floors and ample closet space.The allure of this property extends beyond its main residence, with the added bonus of a legal nanny flat that presents an excellent opportunity for supplementary income. With its own separate entrance, kitchenette, bathroom, and bedroom, this self-contained unit offers privacy and convenience for tenants, ensuring a steady monthly income stream for savvy investors.Step outside to discover a fenced rear yard, complete with a BBQ deck and patio area perfect for al fresco dining and summer entertaining. Whether you're hosting a barbecue with friends or simply enjoying a quiet evening under the stars, this outdoor oasis provides the ideal backdrop for creating lasting memories with loved ones.Conveniently located in the quaint town of Alliston, this charming home offers easy access to all amenities, including schools, shopping centers, places of worship, and the local recreation center. Enjoy the tranquility of small-town living while still being within close proximity to everything you need for modern convenience.

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Property Summary

This detached home located at 109 Cunningham Drive, New Tecumseth is currently for sale and has been available on SousaSells for 723 days. This property is listed at $869,000 with an estimated mortgage of $2,893* per month. It has 4 beds, 3 bathrooms, and is 2000-2500 square feet. 109 Cunningham Drive, New Tecumseth is in the Alliston neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
2
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 27, 2024
Sold price information is available to members only
Listed Date7/24/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleSidesplit 3
ConstructionBrick, Other
BasementFinished
Lot Size50 × 130 Feet
CountySimcoe
Annual Tax$4,561.12
Legal DescriptionPlan M161 Lot 18

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

In-Law Suite

Security Features

Community Features

Location

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109 Cunningham 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 109 Cunningham Drive, New Tecumseth, ON L9R 1C6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$260,700 (30.0%)
* Minimum Canadian down payment required for this price is $61,900.
Amortization Period30 Years
Estimated Monthly Payment$2,893Based on a loan of $608,300 over 30 years.
Purchase Price$869,000
Loan Amount$608,300
Provincial Land Transfer Tax:$13,855
Total Estimated Closing Taxes:$13,855

About Purchasing a Home in New Tecumseth, ON

For a property listed at $869,000 in New Tecumseth, the legal minimum down payment is $61,900 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 $13,855 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 $13,855.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$844,814

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.