72 Lorne Thomas Place, New Tecumseth, ON

$699,000
MLS#:N9391408
3 beds
3 baths
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on October 20, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of Alliston. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $699,000 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 3 Bathrooms
  • Premium 19.17 x 111.19 ft lot size
  • Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Discover refined living in this exquisite 3-bedroom 3-bath townhouse, nestled in the vibrant Treetops community of Alliston. Thoughtfully upgraded with designer details, this home exudes modern sophistication. The open-concept main floor is an entertainers dream, designed for both comfort and style. High-quality finishes throughout the space elevate the home's aesthetic. The 2 custom feature walls add a designer touch, acting as focal points in the living & foyer areas and showcasing a perfect blend of elegance and modern design. The home also includes a convenient garage entrance, providing added ease for busy households. The private backyard offers a serene space for relaxation or entertaining. Whether you are a growing family, a professional couple, or someone looking to downsize without sacrificing quality or space, this townhouse offers something for everyone. Its versatile layout, and prime location make it a standout property in one of Allistons most desirable neighbourhoods.

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Property Summary

This townhouse located at 72 Lorne Thomas Place, New Tecumseth is currently for sale and has been available on SousaSells for 646 days. This property is listed at $699,000 with an estimated mortgage of $2,327* per month. It has 3 beds, 3 bathrooms, and is unknown square feet. 72 Lorne Thomas Place, 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
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 20, 2024
Sold price information is available to members only
Listed Date10/8/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural Style2-Storey
ConstructionBrick
BasementFull
Lot Size19.17 × 111.19 Feet
CountySimcoe
Annual Tax$3,515.96
Legal DescriptionPART BLOCK 222, PLAN 51M1199, PART 29, 51R43353 SUBJECT TO AN EASEMENT FOR ENTRY AS IN SC1898109 TOW

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Park

Interior Features

Water Heater

Security Features

Community Features

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Location

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72 Lorne Thomas Place, 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 72 Lorne Thomas Place, New Tecumseth, ON L9R 0V8

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.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in New Tecumseth.

Configure Loan Settings

Interest Rate4.00%
Down Payment$209,700 (30.0%)
* Minimum Canadian down payment required for this price is $44,900.
Amortization Period30 Years
Estimated Monthly Payment$2,327Based on a loan of $489,300 over 30 years.
Purchase Price$699,000
Loan Amount$489,300
Provincial Land Transfer Tax:$10,455
Total Estimated Closing Taxes:$10,455

About Purchasing a Home in New Tecumseth, ON

For a property listed at $699,000 in New Tecumseth, the legal minimum down payment is $44,900 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 $10,455 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 $10,455.

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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.