87 Gray Avenue, New Tecumseth, ON
Property no longer active
This property was sold on October 15, 2025. This listing is for reference purposes only. to view the sold price.
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 $649,900 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 29.5 x 109.62 ft lot
- 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: Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Nestled in one of Alliston's most sought-after communities, this charming bungalow is ideal for first-time buyers or those looking to downsize. Offering comfort and convenience, the home is just minutes from shopping, restaurants, schools, parks, the hospital, and the recreation centre. The primary bedroom features a walk-out to the deck and private backyard, perfect for relaxation or entertaining. The finished basement adds extra living space with a third bedroom, recreation room, and a full 4-piece bathroom. Complete with a paved driveway, landscaped and a fully fenced yard, this home is move-in ready! Windows/doors (2021), Gas Furnace (2022), Roof (2022), Water Softener (2022), Water Heater (2023), Garage Door (2025).
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Property Summary
This detached home located at 87 Gray Avenue, New Tecumseth is currently for sale and has been available on SousaSells for 317 days. This property is listed at $649,900 with an estimated mortgage of $2,163* per month. It has 3 beds, 2 bathrooms, and is 700-1100 square feet. 87 Gray 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Library, Park, Rec./Commun.Centre, School
Interior Features
Primary Bedroom - Main Floor
Security Features
Community Features
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Location
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 87 Gray Avenue, New Tecumseth, ON L9R 1P6
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 $649,900 in New Tecumseth, the legal minimum down payment is $39,990 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 $9,473 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 $9,473.
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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.