5-Bed Legacy Home with Income Suite, Alliston

Property details for 83 Nelson Street West, New Tecumseth

Type: Residential
Bedrooms: 5
Bathrooms: 4
Living Area: 2,700 square feet
Lot Size: 94.5 X / 0.217 AC
Stories: 2
Parking: Detached Garage, Garage
Heating: Forced air, Natural gas, Floor heat, Furnace
Cooling: Central air conditioning
Exterior: Brick
Ownership: Freehold

You're five minutes from Sobeys for groceries and about two kilometres from Banting Memorial District High School. This 2,700-square-foot double-brick house from the late 1800s sits on a 94.5 by 105 foot lot right in Alliston, and it's got a story to tell. The main floor runs open with a chef's kitchen renovated in 2020, stainless appliances, and sliders to a deck off the primary suite. That suite has its own fireplace and a 4-piece ensuite, plus a private deck. Four more bedrooms upstairs share a full bath and there's a powder room on the main. But here's the kicker: there's a two-storey, one-bedroom income suite with a private driveway and fenced courtyard, and the former garage has become a design studio with slate floors, rustic beams, and a loft. Two fireplaces total, hardwood and ceramic tile throughout, central vac, and a high-efficiency furnace from 2023. Parking for four on a concrete front driveway. The brick exterior got a refresh in 2000 along with major systems, so you're inheriting solid bones. Zoning R2, so the suite's legit. Priced at 499K, which sits well below the area's median sold of 925K, though nearby listings hover around 882K. This one's a rare find for the size and flexibility.

About 83 Nelson Street West, New Tecumseth — Property Score

Great Location Hot Market Well Priced

Score: 70/100

Value

$185/sqft - 53% below the $394/sqft area median 100

Stable pricing - no price changes since original listing date 50

Size

2,700 sqft of living space 50

5 bedrooms - 2 more than similarly priced 3-bedroom homes nearby 84

4 bathrooms - 1 more than similarly priced properties nearby 72

Location

$70K median household income - near the Canadian average of $70K 65

81% of residents hold postsecondary credentials - a highly educated neighbourhood 89

73% homeownership rate - indicating a stable, owner-occupied community 81

68% of residents commute under 30 minutes - excellent commuter accessibility 84

2,176/km² population density - a well-balanced suburban area 92

Market

Just listed - area average is 87 days on market 100

+65% median price change over 1 month - rising prices in the area 100

165 months of housing supply - 165 active listings with 1 sold last month (buyer's market) 40

Features

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

2 fireplaces - a desirable feature for Canadian winters 85

No premium extras like pool, waterfront, or view 50

Investment

27% renter population - primarily owner-occupied area 62

Quality

Condition

Listing

35 photos provided - below the area average of 39 photos 92

3 of 7 key property details provided (43%) - some key property details missing 58

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.