124 Hutchinson Drive, New Tecumseth, ON

$1,179,900
MLS#:N8398636
5 beds
4 baths
2500-3000 sqft
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Alliston. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,179,900 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.

  • 5 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2500-3000 sqft on a premium 44.31 x 107.25 ft lot
  • Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Incredible Family Home In The Heart Of Alliston. With Almost 2900 Sqft of Living Space, Each Room Has Been Meticulously Cared For. The Main Floor Cultivates The Perfect Balance Of Comfort & Convenience With An Oversized Den, Perfect For An Office Space or Kids PlayRoom, Large Dining Room For All Your Family Dinners, Beautiful Kitchen with Granite Counters, Centre Island with Storage and A Huge Wall Pantry. The Living Room Features A Cozy Fireplace With A Limestone Mantle & Large Windows Overlooking The Yard. Head Up The Oak Staircase To The Second Floor, Which Has 4 Bedrooms All With Full Ensuites, A Massive Linen Closet, And a Luxurious Primary Ensuite. 9' Ceilings on Main Floor. Granite Kitchen Counters, Quartz Counters in Prim Ensuite, Marble Counters in 2nd Floor Secondary Ensuites, Wall Pantry in Kitchen, Soft Close Cabinets, Gas Fireplace W Limestone Mantle, Oak Staircase, X2 Frameless Glass Showers. Exterior Pot Lights & Professional Landscaping. This Home Has Everything You Need & More!!

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Property Summary

This detached home located at 124 Hutchinson Drive, New Tecumseth is currently for sale and has been available on SousaSells for 773 days. This property is listed at $1,179,900 with an estimated mortgage of $3,927* per month. It has 5 beds, 4 bathrooms, and is 2500-3000 square feet. 124 Hutchinson 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
5
Bathrooms
4
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 11, 2024
Sold price information is available to members only
Listed Date6/3/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFull
Lot Size44.31 × 107.25 Feet
CountySimcoe
Annual Tax$5,244.04
Legal DescriptionLot 4, Plan 51M1058 Subject to An Easement For Entry As In SC1369761 Town of New Tecumseth

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Hospital, Library, Park, Place Of Worship, Rec./Commun.Centre

Interior Features

Central Vacuum

Security Features

Community Features

Location

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124 Hutchinson 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 124 Hutchinson Drive, New Tecumseth, ON L9R 1M4

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$353,970 (30.0%)
* Minimum Canadian down payment required for this price is $235,980.
Amortization Period30 Years
Estimated Monthly Payment$3,927Based on a loan of $825,930 over 30 years.
Purchase Price$1,179,900
Loan Amount$825,930
Provincial Land Transfer Tax:$20,073
Total Estimated Closing Taxes:$20,073

About Purchasing a Home in New Tecumseth, ON

For a property listed at $1,179,900 in New Tecumseth, the legal minimum down payment is $235,980 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 $20,073 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 $20,073.

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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.