19 Paddison Pl

FOR SALE
$1,149,900
19 Paddison Pl, New Tecumseth
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2 + 3
BEDROOMS
3
BATHROOMS
1
KITCHENS
5
ROOMS
N11964629
MLSID
Contact Us
Property Description
A unique opportunity to own a nicely appointed executive bungalow on a south facing private ravine lot with the Boyne River running behind, within walking distance of downtown, on one of the best quiet streets in town & featuring a massive walkout basement with lots of oversized windows * Tons of natural light on both levels * 9ft ceilings on main * Kitchen features extended cabinets with crown molding, valance & fridge gable * Large island, granite countertops, gas range, built-in microwave & stainless appliances * Upstairs laundry for added convenience * Primary bedroom with gorgeous backyard views features ensuite with soaker tub & large tiled glass shower * Walkout basement features a family room, 3 bedrooms, a full bathroom & a large storage area that could easily be finished for additional living space or a potential in-law suite * Private backyard oasis features extensive TimberTech Azek composite decking with glass railings (2020) & steps down to the Master Spas H2X Trainer 19D swim spa with hot tub (2020) for year round exercise, fun & relaxation * Approximately $100k spent on backyard upgrades * Super rare to find a newer, double garage, walkout basement bungalow on a massive lot, on town services, with this level of privacy, yet conveniently located so close to everything **EXTRAS** Income generating solar panels provide an income of approximately $3000/yr **NOTE** Buyer to verify all information & perform their own due diligence.
Property Details
Community
Property Type
Detached, Bungalow
Lot Irregularities
Irregular Lot
Fronting
South
Taxes
$5,201 (2024)
Basement
Part Fin, W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Abv Grnd
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Built-In
New Tecumseth Market Statistics
New Tecumseth Price Trend
19 Paddison Pl is a 2-bedroom 3-bathroom home listed for sale at $1,149,900, which is $446,900 (63.6%) higher than the average sold price of $703,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in New Tecumseth declined by $397,000 (36.1%) compared to the previous 30 day period (December 22 - January 20) and up $74,600 (11.9%) from the same time one year ago.
Inventory Change
There were 7 2-bedroom homes listed in New Tecumseth over the last 30 days (January 21 - February 19), which is up 75.0% compared with the previous 30 day period (December 22 - January 20) and down 0.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in New Tecumseth typically sold ($2,966) (0.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $57,034 increase compared to the previous 30 day period (December 22 - January 20) and ($19,779) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in New Tecumseth over the last 30 days (January 21 - February 19) stood at 42.9%, up from 25.0% over the previous 30 days (December 22 - January 20) and down from 71.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in New Tecumseth stood at 18 days when successfully sold over the last 30 days (January 21 - February 19), compared to 16 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group Incentive Realty Inc.
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