5070 5th Line, New Tecumseth, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural New Tecumseth. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $709,900 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 700-1100 sqft on a premium 170 x 170 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Water Softener, Water Heater, Central Vacuum
- equipped with central air central cooling and highly efficient forced air heating via electric
Description
An incredible opportunity just 6 minutes from Hwy 400, this property sits on over half an acre with 170+ feet of frontage providing great space between neighbours. It's the perfect opportunity for first-time buyers or anyone looking to get into the market while enjoying country living close to all the necessities. Mature trees provide a picturesque backdrop to the property, creating a peaceful, natural setting. A standout feature is the huge detached shop (22ft x 40ft) - a dream for contractors, mechanics, or anyone who loves to tinker. It's insulated, equipped with hydro, water, a bathroom (toilet is currently winterized), high ceilings, and an oversized garage door (12ft wide x 10ft tall), making it a highly functional workspace year-round. You'll also appreciate the additional 11' x 32' L-shaped drive shed, perfect for storing equipment, toys, or seasonal gear. This cozy and efficient two-bedroom home with a finished basement offers an inviting space to begin your next chapter, well-suited for first-time buyers, singles, or retirees. The home has been well maintained, including a newer roof (2022) for added peace of mind. With that being said, it is also ready for updating throughout! With its prime location, impressive outbuilding, and a charming little home ready to enjoy or expand upon, this property is a truly rare find with incredible potential.
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Property Summary
This detached home located at 5070 5th Line, New Tecumseth is currently for sale and has been available on SousaSells for 231 days. This property is listed at $709,900 with an estimated mortgage of $2,363* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 5070 5th Line, 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
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Water Softener, Water Heater, Central Vacuum
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 5070 5th Line, New Tecumseth, ON L0G 1W0
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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 $709,900 in New Tecumseth, the legal minimum down payment is $45,990 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 $10,673 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 $10,673.
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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.