16 Green Briar Road, New Tecumseth

Price: $699,800

3 bedrooms, 3 bathrooms

1,000 sqft

Property Type: Condo

MLS#: N12698934

Discover effortless living in this beautifully maintained detached all-brick bungalow, ideally located in the highly desirable Green Briar community and backing onto the Nottawasaga Golf Course. This home offers 3 bedrooms and 3 bathrooms, thoughtfully designed for comfort and functionality. The main floor features updated maple flooring and an inviting open-concept living and dining area, highlighted by a cozy gas fireplace-perfect for relaxing or entertaining. The spacious kitchen boasts ample counter space and storage, newer stainless steel appliances, and a convenient walk-out to a brand-new deck complete with modern metal railing and spindles, ideal for outdoor enjoyment. Convenient Inside Garage Access and main floor laundry. The finished lower level expands your living space with an additional bedroom, full bathroom, and a generous recreation room-perfect for guests, a home office, or family gatherings. Combining quality finishes, flexible living space, and a prime location, this exceptional bungalow offers the perfect blend of comfort, style, and low-maintenance living!

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$699,800 - 16 Green Briar Road, New Tecumseth

Condo for Sale in New Tecumseth

33 days on market
3Beds
3Baths
1,000Sq Ft
Condo
Property Details
MLS Number
N12698934
Property Type
Condo
Status
active
Days on Site
33
Bedrooms
3
Bathrooms
3
Square Feet
1,000 sqft
Neighbourhood
New Tecumseth
Locker
None
Exposure
South West
Balcony
Open
Listing Brokerage
RE/MAX HALLMARK CHAY REALTY
Description

Discover effortless living in this beautifully maintained detached all-brick bungalow, ideally located in the highly desirable Green Briar community and backing onto the Nottawasaga Golf Course. This home offers 3 bedrooms and 3 bathrooms, thoughtfully designed for comfort and functionality. The main floor features updated maple flooring and an inviting open-concept living and dining area, highlighted by a cozy gas fireplace-perfect for relaxing or entertaining. The spacious kitchen boasts ample counter space and storage, newer stainless steel appliances, and a convenient walk-out to a brand-new deck complete with modern metal railing and spindles, ideal for outdoor enjoyment. Convenient Inside Garage Access and main floor laundry. The finished lower level expands your living space with an additional bedroom, full bathroom, and a generous recreation room-perfect for guests, a home office, or family gatherings. Combining quality finishes, flexible living space, and a prime location, this exceptional bungalow offers the perfect blend of comfort, style, and low-maintenance living!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,590.34/mo

Includes CMHC insurance ($19,524)

$
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5%10%50%

5-yr fixed avg.

Principal: $629,820Interest: $427,757
Mortgage Amount$649,344
Total Interest$427,757
Est. Property Tax$496/mo
Total Cost$1,077,101

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: New Tecumseth

Discover New Tecumseth

New Tecumseth is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in New Tecumseth

  • Convenient location in New Tecumseth
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

New Tecumseth offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

16 Green Briar Road, New Tecumseth

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$496
Insurance (est.)-$146
Net Cash Flow+$1,468

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $700/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 33 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Investment Perspective

Looking at this as an investment: New Tecumseth properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,916 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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