4822 2nd Line

FOR SALE
$2,799,000
4822 2nd Line, New Tecumseth
4822 2nd Line
4822 2nd Line
4822 2nd Line
4822 2nd Line
4822 2nd Line
4822 2nd Line
4822 2nd Line
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4822 2nd Line
4822 2nd Line
4822 2nd Line
4822 2nd Line
4822 2nd Line
4822 2nd Line
4822 2nd Line
4822 2nd Line
4822 2nd Line
4822 2nd Line
4822 2nd Line
4822 2nd Line
4822 2nd Line
4822 2nd Line
4822 2nd Line
4822 2nd Line
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4822 2nd Line
4822 2nd Line
4822 2nd Line
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4822 2nd Line
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4 + 2
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
8 + 3
ROOMS
N10415414
MLSID
Contact Us
Property Description
Excellent Opportunity In New Tecumseth, Absolutely stunning bungalow on a 10.11-acre corner lot. This fully renovated property features over 3500 sq ft of living space, including a 2 modern kitchen and a 2-car attached garage. Both levels offer oversized rooms with upgraded flooring, quartz countertops, and elegant molding, showcasing numerous high-end features. The recently finished basement adds two extra bedrooms and a walkout, providing endless space for entertaining both inside and out. The well-maintained land includes a massive, heated, two-level insulated workshop spanning over 4800 sq ft. This property truly has it all! ***The amendment has been approved to re-zone the area as described to a Light Industrial Zone (EL)***
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-21 2024-11-08 140 $3,199,000 - Terminated
Extras
***The amendment has been approved to rezone the area as described to a Light Industrial Zone (EL), Workshop 32' X 76' - Heated Two Level Insulated - Lower Level Workshop- 600V - 100Amps - 3 Phase.
Property Details
Street
Property Type
Detached, Bungalow-Raised
Lot Size
420' x 1,056'
Acreage
10-24.99
Fronting
North
Taxes
$4,652 (2024)
Basement
Fin W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
8
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain15.03' x 24.02'Hardwood Floor
DiningMain12.01' x 15.03'Hardwood Floor
KitchenMain12.53' x 20.51'Porcelain Floor
Prim BdrmMain12.01' x 15.03'Hardwood Floor
2nd BrMain12.01' x 10.01'Hardwood Floor
3rd BrMain13.02' x 10.01'Hardwood Floor
4th BrMain15.03' x 12.01'Hardwood Floor
RecLower15.03' x 46.03'Laminate
2nd BrLower9.78' x 16.27'Laminate
3rd BrLower15.09' x 12.14'Laminate
New Tecumseth Market Statistics
New Tecumseth Price Trend
4822 2nd Line is a 4-bedroom 3-bathroom home listed for sale at $2,799,000, which is $1,867,750 (200.6%) higher than the average sold price of $931,250 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 4 bedroom home in New Tecumseth declined by $128,916 (12.2%) compared to the previous 30 day period (September 23 - October 22) and down $89,464 (8.8%) from the same time one year ago.
Inventory Change
There were 23 4-bedroom homes listed in New Tecumseth over the last 30 days (October 23 - November 21), which is down 41.0% compared with the previous 30 day period (September 23 - October 22) and up 15.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in New Tecumseth typically sold ($23,474) (2.5%) below asking price over the last 30 days (October 23 - November 21), which represents a $9,175 decrease compared to the previous 30 day period (September 23 - October 22) and $4,300 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 4-bedroom homes in New Tecumseth over the last 30 days (October 23 - November 21) stood at 34.8%, up from 30.8% over the previous 30 days (September 23 - October 22) and down from 35.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in New Tecumseth stood at 48 days when successfully sold over the last 30 days (October 23 - November 21), compared to 53 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Royal Properties Realty
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