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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Alliston. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $515,000 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.
Experience the ease of condo living in the heart of Alliston! This spacious 1 bedroom, 1 bath unit is ideally situated just minutes from all local amenities such as Hwy access, shops, schools and more. With an open-concept layout and a generous kitchen island perfect for hosting, this space is the perfect blend of functionality and design. Located on the top floor it offers breathtaking westward views you'll love coming home to. Whether you're a first-time buyer, looking to downsize, or simply seeking the low-maintenance condo lifestyle, this unit is a must-see
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Data-driven valuation for 161 Wellington Street E 405, New Tecumseth, ON L9R 0R8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in New Tecumseth.
About Purchasing a Home in New Tecumseth, ON
For a property listed at $515,000 in New Tecumseth, the legal minimum down payment is $26,500 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 $6,775 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 $6,775.
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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.