$699,900
For sale: Detached

Exceptional Cash Flow & Investment Opportunity in the Heart of Tottenham! Situated on a rare 82.5-foot frontage on a large lot along one of Tottenham's busiest Main Street corridors, this high-visibility property benefits from constant vehicle traffic, outstanding exposure, and exceptional long-term investment appeal. With exciting future development and commercial potential (buyer to complete their own due diligence), this is a unique opportunity for investors, developers, or business owners looking to secure a prime location in a growing community. This spacious property features 6 bedrooms and 6 washrooms, offering outstanding versatility for investors or multi-generational families. Currently generating over $70,000 in annual rental income, it provides immediate cash flow with additional upside. The unfinished basement presents an excellent opportunity to create even more rental income or customize the space to suit your needs. Ideally located within walking distance to shops, restaurants, schools, and everyday amenities, this is a rare opportunity to own a high-exposure, income-producing property on a premium Main Street lot with tremendous future upside. Recent upgrades include new windows, roof, interior and exterior pot lights, and many additional improvements. A truly one-of-a kind investment opportunity with income today and exceptional potential for tomorrow.
Sold data
Detached homes in New Tecumseth (Tottenham) took a median of 37 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 69, across 123 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 68 days.
The median sale price was $819,000.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 28% of sellers reduced their price before finding a buyer.
Based on 123 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Currently for sale

$699,900
Detached318 WALLACE STREET, Shelburne, Shelburne

$950,441
Detached59 STADACONA AVENUE, Sutton & Jackson's Point, Georgina

$688,000
Detached7 TODD CRESCENT, Southgate, Southgate

$899,000
Detached1521 BRODERICK STREET, Rural Innisfil, Innisfil

$799,000
Detached1423 LORMEL GATE AVENUE, Lefroy, Innisfil

$892,831
Detached38 SHELSON PLACE, Sutton & Jackson's Point, Georgina

$724,999
Townhouse6 POPLAR CRESCENT, Aurora Highlands, Aurora

$1,198,888
Detached31 PRADY LANE, Tottenham, New Tecumseth