163 Gray Avenue, New Tecumseth, ON

$930,000
MLS#:N9350579
4 beds
4 baths
5.0 parking
Residential Freehold
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Property no longer active

This property was sold on October 24, 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 and vinyl siding construction, this residence presents an exceptional opportunity offered at $930,000 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 4 Bathrooms
  • Premium 39.24 x 136.19 ft lot size
  • Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Storage, Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Experience luxury living in this beautifully upgraded 3+1 bedroom, 4-bathroom detached home, nestled in Alliston's most desirable neighbourhood. Upon entering, you'll be greeted by soaring 9-foot ceilings that enhance the bright and airy feel of the open-concept layout. The gourmet kitchen is a chefs dream, featuring stunning Quartz countertops with a full backsplash, custom cabinetry, and a walk-in pantry, while a walkout leads to a meticulously landscaped, extra-deep fenced yard ideal for outdoor entertaining or family relaxation. The living room is a true showpiece, complete with a custom feature wall housing a cozy gas fireplace flanked by two elegant built-in shelves, creating the perfect ambiance for gatherings. The finished basement includes a versatile fourth bedroom and ample storage, making it perfect for guests or a home office. Upstairs, the luxurious master suite boasts a beautifully upgraded 4-piece ensuite with premium fixtures. this home is a true gem!

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Property Summary

This detached home located at 163 Gray Avenue, New Tecumseth is currently for sale and has been available on SousaSells for 671 days. This property is listed at $930,000 with an estimated mortgage of $3,096* per month. It has 4 beds, 4 bathrooms, and is unknown square feet. 163 Gray Avenue, 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
4
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 24, 2024
Sold price information is available to members only
Listed Date9/13/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Vinyl Siding
BasementFinished, Separate Entrance
Lot Size39.24 × 136.19 Feet
CountySimcoe
Annual Tax$4,290.31
Legal DescriptionLOT 22, PLAN 51M941, NEW TECUMSETH. SUBJECT TO AN EASEMENT FOR ENTRY AS IN SC785055

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Storage, Water Heater

Security Features

Community Features

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Location

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163 Gray Avenue, 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 163 Gray Avenue, New Tecumseth, ON L9R 0G5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$279,000 (30.0%)
* Minimum Canadian down payment required for this price is $68,000.
Amortization Period30 Years
Estimated Monthly Payment$3,096Based on a loan of $651,000 over 30 years.
Purchase Price$930,000
Loan Amount$651,000
Provincial Land Transfer Tax:$15,075
Total Estimated Closing Taxes:$15,075

About Purchasing a Home in New Tecumseth, ON

For a property listed at $930,000 in New Tecumseth, the legal minimum down payment is $68,000 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 $15,075 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 $15,075.

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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.