Re-listed 4 days ago

8 Richmond St, New Tecumseth, Ontario L0G 1W0

Detached
-
1
~1500-2000 sqft
$•••,•••
$599,000
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$5,990Cashback
Detached
-
1
~1500-2000 sqft

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Highlights

Property Estimate

Days on market4 days

Total days on market
104 days

Estimated valueNot available

Price/Sqft$349/sqft

Monthly cost

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CMA Subject Property

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+41

Properties sold*

$875K

Median sold price*

*Based on last 30 days

Description

Exciting Redevelopment Opportunity in the Village of Tottenham! Discover the potential of this unique property-a raised bungalow-style meeting hall tucked away on a quiet dead-end road, right beside the TransCanada Trail and the Tottenham Conservation Area. Enjoy the perfect blend of privacy and convenience, with a large, wide-frontage lot located in a residential area that directly borders Tottenham's charming downtown core. Originally built over 70 years ago as an A.F. & A.M. Masonic Lodge, the building includes a main gathering hall and a basement with a washroom and additional meeting space. With the Ontario Government's focus on community intensification, this Low Rise Residential-zoned property offers excellent redevelopment possibilities. The site is fully serviced with municipal water, sewers, and natural gas-making it an ideal spot for your next building project.


Property Details

StyleOther
View-
Age of property51-99
SqFt~1500-2000 SqFt
Lot Size8,712 SqFt(132 x 66)
Parking Spaces-
MLS ®NumberN12525290
Community NameNeighborhood of New Tecumseth
Data SourceTRREB
Listing byCENTURY 21 HERITAGE GROUP LTD.

Features

Heating: Forced Air
Basement: Development Potential, Full

Main Floor

Common Rm

13.87 x 6.88

Open Concept

Sitting

4.88 x 4.75

Open Concept / Window


Features

Lot size: 8,712 SqFt

Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
4 days on market
history photo preview6
Listing by trreb®

Market Data - Neighborhood of New Tecumseth

Geo Zone Map ThumbnailNeighborhood of New Tecumseth

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

38 days

Compared to

2024

36 days

2023

26 days

2022

35 days

New Listings

Past 30 days

101 listings

Compared to

2024

103 listings

2023

94 listings

2022

76 listings

Units sold

Past 30 days

31 units

Compared to

2024

41 units

2023

30 units

2022

50 units

Median Sold Price

Past 30 days

$795,000

Compared to

2024

$875,000

2023

$840,000

2022

$891,250


Population and Demographics

Overview

Total population 43030
Average household income $126,428

Age (%)

0 to 19
24%
20 to 34
18%
35 to 49
20%
50 to 64
19%
65 and plus
18%

Household composition (%)

Single family
74%
Single person
22%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
86%
Others
5%
Italian
3%
Spanish
2%
Portuguese
1%
French
1%

House tenancy (%)

Owners
84%
Renters
16%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget