31 Parkette Drive, Unit 31, New Tecumseth, ON

$527,000
MLS#:N13205804
2 beds
3 baths
1200-1399 sqft
3.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable 2-Storey semi-detached condo located in the coveted neighborhood of Rural New Tecumseth. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $527,000 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.

  • 2 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • Features a finished 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: Auto Garage Door Remote, Carpet Free, Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 31 Parkette Drive in beautiful New Tecumseth! This tastefully updated 2-bedroom, 3-bath semi-detached NO Carpet home offers stylish living in a warm, walkable community.Bright, open main floor with Beautiful New Gas Fireplace that creates a cozy focal point in the living room. Modern Window Shades and neutral decor for a move in ready feel. 2 Large Bedrooms that can easily accomodate King size beds. Finished basement adds valuable living space with a dedicated office and a spacious family/rec room, plus a bathroom for convenience.No homes directly in front with walking path and Charming Gazebo nearby A peaceful setting with walk-around to a private backyard oasis.Mature trees frame a serene outdoor space with a great deck for entertaining and summer BBQs.Excellent neighbours and a wonderful community vibe.Parking, storage, and low-maintenance living complete the package Steps to community centre in sought after Golf Course/ Lifestyle Development of Green Briar A rare blend of privacy, comfort, and convenience-minutes to shops, schools, parks, and commuter routes. This is the one you've been waiting for!

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Property Summary

This detached home located at 31 Parkette Drive, New Tecumseth is currently for sale and has been available on SousaSells for 45 days. This property is listed at $527,000 with an estimated mortgage of $1,754* per month. It has 2 beds, 3 bathrooms, and is 1200-1399 square feet. 31 Parkette Drive, New Tecumseth is in the Rural New Tecumseth neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
2
Bathrooms
3
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusPrice Change
Listed Date5/27/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached Condo
Architectural Style2-Storey
ConstructionBrick, Vinyl Siding
BasementFinished
CountySimcoe
Annual Tax$2,884

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Auto Garage Door Remote, Carpet Free, Central Vacuum, Water Purifier

Security Features

Community Features

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Location

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31 Parkette Drive, Unit 31, 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 31 Parkette Drive, New Tecumseth, ON L9R 1R7

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$158,100 (30.0%)
* Minimum Canadian down payment required for this price is $27,700.
Amortization Period30 Years
Estimated Monthly Payment$1,754Based on a loan of $368,900 over 30 years.
Purchase Price$527,000
Loan Amount$368,900
Provincial Land Transfer Tax:$7,015
Total Estimated Closing Taxes:$7,015

About Purchasing a Home in New Tecumseth, ON

For a property listed at $527,000 in New Tecumseth, the legal minimum down payment is $27,700 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 $7,015 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 $7,015.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural New Tecumseth, New Tecumseth.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,404,780

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.