Brick Bungalow with Walk-Out Basement on 50-Foot Lot in Alliston

Property details for 132 Queen Street, New Tecumseth

Type: Residential
Bedrooms: 4
Bathrooms: 2
Lot Size: 50 x 180 FT
Basement: Unfinished, N/A
Parking: Detached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick
Ownership: Freehold
Annual Taxes: $4,309

This brick bungalow sits on a generous 50 by 180 foot lot, way deeper than most in the area. The standout feature is the walk-out lower level, which opens to the fenced backyard. Upstairs, you get four bedrooms, with the primary and two others on the upper level, plus a full bath. The main floor has an eat-in kitchen, a separate dining room, and a cozy living room with a fireplace. The basement adds a fourth bedroom, a family room, a bathroom, and oversized windows that make it feel bright, not dungeon-like. It's heated by forced air gas, has central AC, and there's a detached garage with parking for five. Outside, the brick exterior is classic and low maintenance, and the yard is fully fenced. You're 0.2 km from Banting Memorial High School, a 5-minute drive to Sobeys, and Earl Rowe Provincial Park is 3.6 km away for weekend escapes. Taxes are $4,309 annually. Priced at $795,000, it's above the median sold price nearby, but the lot size and walk-out basement are rare. This one's been on the market only 17 days, so it's still fresh. If you need space for a growing family or want rental potential from that basement, this is worth a look.

About 132 Queen Street, New Tecumseth — Property Score

Great Location

Score: 66/100

Value

Priced 9.4% below area median of $877,500 based on 80 comparable properties nearby 84

Stable pricing - no price changes since original listing date 50

Size

4 bedrooms - 1 more than similarly priced 3-bedroom homes nearby 72

2 bathrooms - 1 fewer than similarly priced properties nearby 48

9,000 sqft lot - a generous lot for the area 78

Location

$95K median household income - above the Canadian average of $70K 77

84% of residents hold postsecondary credentials - a highly educated neighbourhood 91

92% homeownership rate - indicating a stable, owner-occupied community 94

43% of residents commute under 30 minutes - good commuting convenience 65

541/km² population density - a low-density residential area 65

Market

Just listed - area average is 78 days on market 100

-48.5% median price change over 1 month - declining prices in the area 1

79.5 months of housing supply - 159 active listings with 2 sold last month (buyer's market) 40

Features

5-car garage - area average is 6.8 spots 95

Unfinished, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

1 fireplace - a desirable feature for Canadian winters 75

No premium extras like pool, waterfront, or view 50

Investment

0.54% effective tax rate ($4,309/yr) - very low tax burden 84

9% renter population - primarily owner-occupied area 41

Quality

Condition

Listing

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

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* 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.