247 King Street, Unit 3, New Tecumseth, ON

$434,900
MLS#:N9243182
2 beds
1 baths
800-899 sqft
1.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on August 23, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Alliston. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $434,900 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 800-899 sqft
  • 1.0 total parking spaces available
  • Notable attributes: Other
  • equipped with other central cooling and highly efficient forced air heating via gas

Description

Desirable Previn Court Condominiums! This spacious 2 bedroom, 1 bath condo offers ample space with Open Concept Living Room and Separate Dining Area. Newly updated white kitchen with backsplash, Bright spacious balcony overlooking private grass area with mature trees perfect for enjoying the outdoors. Ensuite Laundry Room With Extra Storage, and Private Parking Spot .Great Common Areas Located Inside The Building Include: Private Gym, Pool Table & Games Room, Library Room, Event Room With Full Kitchen That Can Be Used For Birthdays Or Special Events. Only A Short Walk To Hospital, Riverdale Park, Town Pool, Playgrounds, Boyne River & Forest With Hiking Trails, Downtown, Shopping And Many Great Restaurants.

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Property Summary

This condo apartment located at 247 King Street, New Tecumseth is currently for sale and has been available on SousaSells for 709 days. This property is listed at $434,900 with an estimated mortgage of $1,448* per month. It has 2 beds, 1 bathroom, and is 800-899 square feet. 247 King 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
2
Bathrooms
1
Kitchens
1
Living Area
800-899 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateAugust 23, 2024
Sold price information is available to members only
Listed Date8/7/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionAluminum Siding, Brick
BasementNone
CountySimcoe
Annual Tax$1,925

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingOther

Features

Property Features

Arts Centre, Campground, Golf, Hospital, Park, River/Stream

Interior Features

Other

Security Features

Community Features

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Location

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247 King Street, Unit 3, 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 247 King Street N 203, New Tecumseth, ON L9R 1N4

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$130,470 (30.0%)
* Minimum Canadian down payment required for this price is $21,745.
Amortization Period30 Years
Estimated Monthly Payment$1,448Based on a loan of $304,430 over 30 years.
Purchase Price$434,900
Loan Amount$304,430
Provincial Land Transfer Tax:$5,173
Total Estimated Closing Taxes:$5,173

About Purchasing a Home in New Tecumseth, ON

For a property listed at $434,900 in New Tecumseth, the legal minimum down payment is $21,745 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 $5,173 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 $5,173.

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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.