40 Kingsmere Crescent, New Tecumseth, ON

$870,000
MLS#:N12069103
2 beds
3 baths
1100-1500 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow semi-detached located in the coveted neighborhood of Alliston. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $870,000 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 1100-1500 sqft on a premium 48.79 x 134.2 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 built-in configuration
  • Notable attributes: Air Exchanger, Carpet Free, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this stunning open concept bungalow that effortlessly blends luxury, comfort, and functionality. Originally a model home, it's loaded with high-end upgrades and thoughtful design throughout. Enjoy serene views of the pond from the main living areas or step out onto the back composite deck with a charming pergola, the perfect spot to unwind, entertain, or simply take in the peaceful scenery. Inside, the gorgeous kitchen anchors the heart of the home, overlooking the spacious dining and living room. The massive primary suite offers a true retreat with a huge walk-in closet, in-suite laundry, and a luxurious 5-piece ensuite featuring double sinks, a soaker tub, and a glass shower. The main floor den provides the perfect space for a home office or sitting room. Downstairs, the finished basement provides additional living space, including a large rec room, a generous bedroom with a walk-in closet, and a 3-piece bathroom, perfect for guests or extended family. This home combines elegance, comfort, and beautiful outdoor living all in one exceptional package, don't miss the chance to make it your own!

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Property Summary

This detached home located at 40 Kingsmere Crescent, New Tecumseth is currently for sale and has been available on SousaSells for 463 days. This property is listed at $870,000 with an estimated mortgage of $2,896* per month. It has 2 beds, 3 bathrooms, and is 1100-1500 square feet. 40 Kingsmere Crescent, 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
3
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 9, 2025
Sold price information is available to members only
Listed Date4/8/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural StyleBungalow
ConstructionBrick, Stone
BasementFinished, Full
Lot Size48.79 × 134.2 Feet
CountySimcoe
Annual Tax$4,436.82
Legal DescriptionPART OF BLOCK 3, PLAN 51M1013, BEING PTS 6 & 144 ON PL 51R39043 S/T EASEMENT OVER PT 144 PL 51R39043 AS IN SC1087116 "T/W AN UNDIVIDED COMMON INTEREST IN SIMCOE COMMON ELEMENTS CONDOMINIUM CORPORATION NO. 398" SUBJECT TO AN EASEMENT AS IN SC922698 SUBJECT TO AN EASEMENT IN GROSS AS IN SC1050468 TOGETHER WITH AN EASEMENT OVER PT LT 1 CON 14 TECUMSETH BEING PTS 3,5,10,11,15,16,17,18,19,20 & 21 PL 51R38090 AS IN SC940866 SUBJECT TO AN EASEMENT IN FAVOUR OF PART OF BLOCK 3

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Lake/Pond, Hospital, Library, Place Of Worship, Golf, Rec./Commun.Centre

Interior Features

Air Exchanger, Carpet Free, Water Heater Owned, Workbench, Storage, Primary Bedroom - Main Floor, Auto Garage Door Remote

Security Features

Community Features

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Location

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40 Kingsmere Crescent, 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 40 Kingsmere Crescent, New Tecumseth, ON L9R 0K7

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$261,000 (30.0%)
* Minimum Canadian down payment required for this price is $62,000.
Amortization Period30 Years
Estimated Monthly Payment$2,896Based on a loan of $609,000 over 30 years.
Purchase Price$870,000
Loan Amount$609,000
Provincial Land Transfer Tax:$13,875
Total Estimated Closing Taxes:$13,875

About Purchasing a Home in New Tecumseth, ON

For a property listed at $870,000 in New Tecumseth, the legal minimum down payment is $62,000 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 $13,875 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 $13,875.

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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$844,802

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.