29 Burke Street, New Tecumseth, ON

$950,000
MLS#:N8482574
3 beds
4 baths
1100-1500 sqft
3.0 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 $950,000 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.

  • 3 Bedrooms and 4 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 31.99 x 109.51 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: ERV/HRV
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Step into modern elegance with this open concept main floor, where contemporary design meets ultimate functionality. The large eat-in kitchen boasts quartz countertops, high-end stainless steel appliances, and ample cabinetry with undermount lighting. The kitchen island provides a perfect spot for casual dining or socializing. The spacious living room is designed for comfort and style, offering ample space for relaxation and gatherings. Enjoy the built-in speakers that provide high-quality sound, making this the perfect spot for entertaining guests or enjoying your favorite music and shows. A newly remodeled 2-pc powder room enhances the overall comfort and convenience of this main level. On the upper level retreat to the large primary suite featuring two walk-in closets, and a 5-pc ensuite with a frameless glass shower and large soaker tub. This level boats two additional well-appointed bedrooms along with a 4-pc main bath making this floor a perfect end-of-day retreat. The fully-finished rec room is ideal for family fun, movie nights, or a personal gym. The lower level also includes a convenient 2-piece bathroom. Adjacent to the rec room, you'll find a well-equipped laundry room with plenty of storage and room to hang and fold your laundry. Escape to your own private paradise with this stunning backyard with an inground 9'x20' heated saltwater pool. Enjoy entertaining friends and family with the outdoor television, perfect for watching the game or enjoying movie nights under the stars. The landscape lighting creates a magical ambiance, while outdoor speakers deliver your favorite tunes. The backyard features interlocking stone pathways and patios that are both durable and low-maintenance. The beautiful gardens that provide a touch of natural beauty without the hassle of constant upkeep. Experience the pinnacle of modern living in this beautifully designed home, featuring state-of-the-art smart technology that offers convenience and luxury at your fingertips.

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Property Summary

This detached home located at 29 Burke Street, New Tecumseth is currently for sale and has been available on SousaSells for 749 days. This property is listed at $950,000 with an estimated mortgage of $3,162* per month. It has 3 beds, 4 bathrooms, and is 1100-1500 square feet. 29 Burke 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
3
Bathrooms
4
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 29, 2024
Sold price information is available to members only
Listed Date6/27/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished, Full
Lot Size31.99 × 109.51 Feet
CountySimcoe
Annual Tax$3,808
Legal DescriptionLOT 215, PLAN 51M1046 SUBJECT TO AN EASEMENT FOR ENTRY AS IN SC1361784 TOWN OF NEW TECUMSETH

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Golf, Hospital, Park, School Bus Route, Rec./Commun.Centre

Interior Features

ERV/HRV

Security Features

Alarm System, Carbon Monoxide Detectors, Monitored, Security System, Smoke Detector

Community Features

Location

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29 Burke 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 29 Burke Street, New Tecumseth, ON L9N 0N6

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$285,000 (30.0%)
* Minimum Canadian down payment required for this price is $70,000.
Amortization Period30 Years
Estimated Monthly Payment$3,162Based on a loan of $665,000 over 30 years.
Purchase Price$950,000
Loan Amount$665,000
Provincial Land Transfer Tax:$15,475
Total Estimated Closing Taxes:$15,475

About Purchasing a Home in New Tecumseth, ON

For a property listed at $950,000 in New Tecumseth, the legal minimum down payment is $70,000 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 $15,475 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 $15,475.

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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.