198 Victoria Street, New Tecumseth, ON

$529,000
MLS#:N12410413
5 beds
2 baths
1500-2000 sqft
5.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 4, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 1/2 Storey duplex located in the coveted neighborhood of Alliston. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $529,000 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.

  • 5 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 58 x 165 ft lot
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: In-Law Capability
  • equipped with other central cooling and highly efficient forced air heating via gas

Description

Priced to sell....Once in a great while, a home comes to market that truly captures the imagination. This charming, nearly century-old residence sits on a generous lot and is rich with character, history, and untapped potential. Whether you're dreaming of restoring its original beauty or reimagining it with a modern touch, this is a property that must be seen to be fully appreciated

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Property Summary

This duplex located at 198 Victoria Street, New Tecumseth is currently for sale and has been available on SousaSells for 303 days. This property is listed at $529,000 with an estimated mortgage of $1,761* per month. It has 5 beds, 2 bathrooms, and is 1500-2000 square feet. 198 Victoria 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

Bedrooms
5
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 4, 2025
Sold price information is available to members only
Listed Date9/17/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
Architectural Style1 1/2 Storey
ConstructionStucco (Plaster)
BasementUnfinished
Lot Size58 × 165 Feet
CountySimcoe
Annual Tax$3,903
Legal DescriptionPT LT N/S VICTORIA ST PL 253 ESSA TWP AS IN RO1196007; S/T RIGHT RO413836; NEW TECUMSETH

Parking & Garage

Parking Spaces5.0
Garage Spaces3
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingOther

Features

Property Features

Interior Features

In-Law Capability

Security Features

Community Features

Location

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198 Victoria Street, 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 198 Victoria Street W, New Tecumseth, ON L9R 1L9

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$158,700 (30.0%)
* Minimum Canadian down payment required for this price is $27,900.
Amortization Period30 Years
Estimated Monthly Payment$1,761Based on a loan of $370,300 over 30 years.
Purchase Price$529,000
Loan Amount$370,300
Provincial Land Transfer Tax:$7,055
Total Estimated Closing Taxes:$7,055

About Purchasing a Home in New Tecumseth, ON

For a property listed at $529,000 in New Tecumseth, the legal minimum down payment is $27,900 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 $7,055 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 $7,055.

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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.