11 Wellington Street, New Tecumseth, ON
Property Highlights
Welcome to this remarkable 2-Storey fourplex located in the coveted neighborhood of Alliston. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $799,000 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.
- 8 Bedrooms and 4 Bathrooms with 4 functional kitchens
- Premium 66 x 165 ft lot size
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 9.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- Efficient water heating via gas
Description
Presenting a fantastic fourplex featuring spacious 2-bedroom apartments and a detached 4-car garage, all set on a generous 66 x 165 lot offering future expansion possibilities. Originally owner-occupied, this property has been meticulously maintained and is now available for the discerning investor. With the recent announcement of the new Honda plant in Alliston, this property has future growth potential. Each unit includes two bedrooms, one bathroom, and a fully equipped kitchen. The lower level offers convenient laundry and storage facilities. The versatile detached garage can serve multiple purposes, from storage and parking to a potential studio space. Enjoy the outdoor amenities with a cozy side yard patio and a large, private backyard greenspace. Located centrally in Alliston, residents can easily walk to nearby amenities, enhancing the appeal of this investment. Don't miss out on this prime opportunity! **EXTRAS** Turnkey rental property, fully occupied.
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Property Summary
This fourplex located at 11 Wellington Street, New Tecumseth is currently for sale and has been available on SousaSells for 570 days. This property is listed at $799,000 with an estimated mortgage of $2,660* per month. It has 8 beds, 4 bathrooms, and is unknown square feet. 11 Wellington Street, New Tecumseth is in the Alliston neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 11 Wellington Street W, New Tecumseth, ON L9R 1J3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in New Tecumseth, ON
For a property listed at $799,000 in New Tecumseth, the legal minimum down payment is $54,900 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 $12,455 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 $12,455.
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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.