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Rural New Tecumseth, New Tecumseth
$427,000
Welcome to 1 Tecumseth Pines, a beautifully maintained home situated in a premier 55+ land lease community in Simcoe. Perfectly located close to Highways 400, 27 and 50, this serene environment offers easy access to surrounding towns and everyday conveniences while providing the peace and beauty of country living.Residents enjoy low maintenance living along with resort style amenities including a recreation center with an indoor swimming pool, tennis and pickleball courts, exercise room, billiards, bocce, shuffleboard, darts, a multipurpose hall, woodworking shop, and a cozy library complete with a music and television area. Whether you prefer an active or relaxed lifestyle, there is always something to enjoy within this vibrant adult community.This spacious three bedroom, two bathroom home offers an open concept layout with a bright kitchen and dining area that flow into the living room and out to a large covered deck, perfect for morning coffee or evening gatherings. The primary bedroom features an ensuite bathroom, while main floor laundry adds everyday convenience. The full basement provides excellent storage or potential for additional living space.Pride of ownership is evident throughout this clean and well cared for home. Move in and experience the perfect blend of comfort, community, and convenience in an exceptional land lease setting.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $1 |
| Lot Size | 0 ft x 0 ft |
| mls© Number | N13776750 |
| Listed By | HOMELIFE/MIRACLE REALTY LTD |
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 actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,186
- Property tax
- $0
- Heat allowance
- $150
- Housing costs
- $2,336 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$72,000
gross annual household income
- Payment at 4%
- $1,797 / mo
- Cash down
- $85,400
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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