118 Hutchinson Drive, New Tecumseth, ON

$1,099,000
MLS#:N8476324
4 beds
4 baths
2500-3000 sqft
6.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Alliston. Expertly crafted featuring premium stone and brick construction, this residence presents an exceptional opportunity offered at $1,099,000 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.

  • 4 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2500-3000 sqft on a premium 39 x 127.5 ft lot
  • Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Bar Fridge, Built-In Oven, ERV/HRV
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Presenting An Unparalleled Blend Of Luxury & Practicality At 118 Hutchinson Drive! This Detached Gem Proudly Wears It's Solid Stone Exterior & Boasts A Grand Double-Door Entry, Leading Into An Open-Concept Domain Of Elegance. Revel In The Meticulous Design, Airy 9-foot Ceilings, Oak Staircase, Coffered Ceilings & Custom Cabinetry Throughout The Main Level. Brand NEW Custom Built Chef-Inspired Kitchen, Over $30K Spent On The Professional Series Appliances, Quartz Counters & Backsplash, On-Demand Hot Water Tap, Beverage Fridge, Custom Oversized Island And A Pot Filler All Promise Endless Culinary Delight. An Overly Generous Primary Suite With Massive Walk-In Closet, Coupled With 3 Additional Bedrooms & 4 Bathrooms, Easily Accommodates Every Comfort. Outside, A Cozy Concrete Patio, Lush Green Grass Maintained By An Advanced Irrigation System, With No Neighbours Directly Behind or Along Side, Ensures Privacy & Leisure. This Custom-Built Marvel Is Overflowing With Endless Premium Features. All The Cleverly Crafted Built-Ins, Designer Lighting, Jewel Stone Porch, Backyard Gate Access From Street Behind, 200-Amp Service, Await Its Proud New Owners. Don't Miss This Masterpiece Of Craftsmanship & Sophistication! TRY YOUR OFFER TODAY!!!

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Key Features

Bedrooms
4
Bathrooms
4
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 8, 2024
Sold price information is available to members only
Listed Date6/25/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionStone, Brick
BasementUnfinished, Full
Lot Size39 × 127.5 Feet
CountySimcoe
Annual Tax$4,872.39
Legal DescriptionLOT 1, PLAN 51M1058 SUBJECT TO AN EASEMENT FOR ENTRY AS IN SC1305778 TOWN OF NEW TECUMSETH

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

School, Park, Level, Hospital, Fenced Yard

Interior Features

Bar Fridge, Built-In Oven, ERV/HRV, Rough-In Bath, Sump Pump, Ventilation System, Water Meter, Water Treatment

Security Features

Community Features

Location

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118 Hutchinson Drive, 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 118 Hutchinson Drive, New Tecumseth, ON L9R 0P6

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 Rate5.25%
Down Payment$219,800 (20.0%)
* Minimum Canadian down payment required for this price is $219,800.
Amortization Period25 Years
Estimated Monthly Payment$5,239Based on a loan of $879,200 over 25 years.
Purchase Price$1,099,000
Loan Amount$879,200
Provincial Land Transfer Tax:$18,455
Total Estimated Closing Taxes:$18,455

About Purchasing a Home in New Tecumseth, ON

For a property listed at $1,099,000 in New Tecumseth, the legal minimum down payment is $219,800 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 $18,455 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 $18,455.

Nearby Listings

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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$801,315

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.