41 Downey Avenue, New Tecumseth, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Alliston. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $779,000 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 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 100 x 150.5 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available with a convenient attached configuration
- Notable attributes: None
- Efficient forced air heating via oil
Description
Spectacularly loved & cared for home on a 100 X 150 foot corner lot plus an inground pool!!! Bungalow perfect for a family or empty nesters looking to scale down & not pay condo fees. Move in tomorrow, update, or build new. Plenty of parking with two private driveways & direct access to house from the garage. Flexible closing. See virtual tour, floor plans, & survey.
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Property Summary
This detached home located at 41 Downey Avenue, New Tecumseth is currently for sale and has been available on SousaSells for 366 days. This property is listed at $779,000 with an estimated mortgage of $2,593* per month. It has 3 beds, 1 bathroom, and is 1100-1500 square feet. 41 Downey Avenue, New Tecumseth is in the Alliston neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 41 Downey Avenue, New Tecumseth, ON L9R 1J7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in New Tecumseth, ON
For a property listed at $779,000 in New Tecumseth, the legal minimum down payment is $52,900 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 $12,055 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 $12,055.
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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.