1148 10th Sdrd
Rural New Tecumseth, New Tecumseth, L0G 1W0
FOR SALE
$5,800,000
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BEDROOMS1
BATHROOMS1
KITCHENS8
ROOMSN8050716
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Property Description
Great investment opportunity. Hold the land and get income from all the structures and house. Walking distance to Hwy 9. The complex features 26 stalls, enormous viewing room/lounge complete with bar, tack room, hay storage and a heated 70x200 indoor riding arena. The charming original bank barn has been reno'd to 6 additional stalls. 9 oak board paddocks and a 100x250 outdoor ring complete the package. Taxes reflect farm class rate.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-12-11 | 2024-02-06 | 60 | $5,800,000 | - | Expired |
| 2022-07-05 | 2023-12-08 | 521 | $5,800,000 | - | Terminated |
Extras
Fridge, Stove, Washer, Dryer, HWT's (O), Furnace (2020)
Property Features
Rolling
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
1,132' x 1,981'
Acreage
25-49.99
Lot Irregularities
39.5 Acres
Fronting
West
Taxes
$2,765 (2023)
Basement
Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
None
Water
Well
Parking Spaces
20
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 13.88' x 15.03' | Hardwood Floor |
| Dining | Main | 11.88' x 14.60' | Hardwood Floor |
| Kitchen | Main | 15.16' x 16.57' | Vinyl Floor |
| Office | Main | 8.76' x 8.89' | Hardwood Floor |
| Mudroom | Ground | 8.66' x 16.77' | Hardwood Floor, Combined W/Laundry |
| Br | 2nd | 9.12' x 15.09' | Hardwood Floor |
| 2nd Br | 2nd | 8.83' x 14.57' | Hardwood Floor |
| 3rd Br | 2nd | 9.12' x 11.78' | Hardwood Floor |
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New Tecumseth Market Statistics
New Tecumseth Price Trend
1148 10th Sdrd is a 3-bedroom 1-bathroom home listed for sale at $5,800,000, which is $4,945,959 (579.1%) higher than the average sold price of $854,041 in the last 30 days (April 5 - May 4). During the last 30 days the average sold price for a 3 bedroom home in New Tecumseth declined by $43,949 (4.9%) compared to the previous 30 day period (March 6 - April 4) and down $5,527 (0.6%) from the same time one year ago.Inventory Change
There were 53 3-bedroom homes listed in New Tecumseth over the last 30 days (April 5 - May 4), which is up 35.9% compared with the previous 30 day period (March 6 - April 4) and up 51.4% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in New Tecumseth typically sold ($26,053) (3.1%) below asking price over the last 30 days (April 5 - May 4), which represents a $18,706 decrease compared to the previous 30 day period (March 6 - April 4) and ($24,727) less 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 3-bedroom homes in New Tecumseth over the last 30 days (April 5 - May 4) stood at 45.3%, down from 79.5% over the previous 30 days (March 6 - April 4) and down from 82.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in New Tecumseth stood at 31 days when successfully sold over the last 30 days (April 5 - May 4), compared to 38 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Rcr Realty
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