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$895,000
New Tecumseth
Times shown are local to the property.
14 & 16 Fletcher Street, New Tecumseth (Alliston), Ontario, L9R1G4
This multi-family property in New Tecumseth is for sale offering roughly 1,750 sq ft of space.
TWO HOMES, ONE PROPERTY, ENDLESS POSSIBILITIES - BOTH UNITS VACANT! An exceptional opportunity for multigenerational families, savvy investors or buyers looking to offset their mortgage with rental income! This legal duplex in the heart of Alliston features two self-contained, 3-bedroom residences, each offering its own private entrance, kitchen, living space, basement with laundry and separate driveway. With both units currently vacant, the possibilities are yours to explore! Live in one and rent the other, bring extended family together while maintaining independent living spaces, or establish your own investment property with the flexibility to select your tenants and determine your rental arrangements. Situated on a generous 66 x 149 ft lot in a mature, established neighbourhood, this solid brick bungalow offers ample parking, a spacious fenced backyard and plenty of room for outdoor enjoyment. Conveniently located within walking distance of downtown Alliston, schools, parks, shopping and restaurants, with Stevenson Memorial Hospital and Honda Manufacturing just minutes away. Whether you're an investor looking to add to your portfolio, a family seeking a practical multigenerational living arrangement, or a homebuyer looking for a property with income potential, this unique opportunity offers incredible versatility. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 92 days on market, against an average age of 53 days across the listings currently for sale in this city
This 6-bed multi-family in New Tecumseth (Alliston) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $895,000, about 9.0× the local median household income of $99,000.
Carrying it typically needs a household income of about $174,825 (20% down, 25-yr amortization, stress-tested) — roughly 77% above the area median.
Source: Statistics Canada, 2021 Census (FSA L9R)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.