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118 Tecumseth Pines Drive

Rural New Tecumseth, New Tecumseth

$450,000

Detached|Bungalow
2 | 2 | 3
About this home

Welcome to Carefree Living in this Meticulously Maintained 2 Bedroom Detached Home in a Sought-After Adult Lifestyle Community in Rural New Tecumseth. Hardwood Floors, a Cozy Gas Fireplace, and two Bright Sunrooms overlook a backyard with beautifully landscaped gardens, mature plants and flowers, open green space, and an inground sprinkler system to keep everything looking at its best. The spacious primary bedroom features double closets, and a private ensuite with a full bathroom. A private driveway, attached garage with backyard access and open patio adds everyday convenience. Enjoy an active, low maintenance lifestyle surrounded by nature, with exceptional community amenities. The perfect home for downsizers seeking comfort, beauty and community.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax---
Lot Size0 ft x 0 ft
mls© NumberN13553454
Listed ByROYAL LEPAGE CREDIT VALLEY REAL ESTATE

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,303
Property tax (estimated)
$0
Heat allowance
$150
Housing costs
$2,453 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $90,000
25-yr amortization

Income needed

$75,000

gross annual household income

Payment at 4%
$1,894 / mo
Cash down
$90,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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