128 Buchanan Drive, New Tecumseth, ON

$885,000
MLS#:N9053971
6 beds
3 baths
2000-2500 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on September 5, 2024. 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 Alliston. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $885,000 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.

  • 6 Bedrooms and 3 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 46.23 x 150.95 ft lot
  • Features a partially finished 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: Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 128 Buchanan! Move-in ready 4+2 bedroom all brick home w/2 car garage located close to the heart of Alliston ! This home boasts a large eat-in kitchen overlooking the cozy family room w/woodstove, spacious living/dining room perfect for entertaining, den/office and laundry all on the main floor. Bright, beautiful master bedroom is your own private oasis including 4 pc ensuite and W/I closet. The entire 2nd floor has upgraded laminate and 3 more good sized bedrooms. Partially finished basement has 2 more finished rooms (bedroom/exercise room) and awaits yours finishing touches. Possibilities are endless in this large, beautiful, private backyard.... Grow your fruits and veggies or create your own special retreat. This home won't disappoint ! Book a showing and bring your offer today ! First time offered for sale by original owners. Close to schools, parks, shopping and Honda.

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Property Summary

This detached home located at 128 Buchanan Drive, New Tecumseth is currently for sale and has been available on SousaSells for 723 days. This property is listed at $885,000 with an estimated mortgage of $2,946* per month. It has 6 beds, 3 bathrooms, and is 2000-2500 square feet. 128 Buchanan 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
6
Bathrooms
3
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 5, 2024
Sold price information is available to members only
Listed Date7/24/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementPartially Finished
Lot Size46.23 × 150.95 Feet
CountySimcoe
Annual Tax$4,531.02
Legal DescriptionPlan 51M817 Lot 79

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Campground, Golf, Hospital, Park, Place Of Worship, School

Interior Features

Sump Pump

Security Features

Community Features

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Location

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128 Buchanan 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 128 Buchanan Drive, New Tecumseth, ON L9R 0A3

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.

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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$265,500 (30.0%)
* Minimum Canadian down payment required for this price is $63,500.
Amortization Period30 Years
Estimated Monthly Payment$2,946Based on a loan of $619,500 over 30 years.
Purchase Price$885,000
Loan Amount$619,500
Provincial Land Transfer Tax:$14,175
Total Estimated Closing Taxes:$14,175

About Purchasing a Home in New Tecumseth, ON

For a property listed at $885,000 in New Tecumseth, the legal minimum down payment is $63,500 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 $14,175 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 $14,175.

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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.