5127 Fifth Line

FOR SALE
$1,299,999
5127 Fifth Line, New Tecumseth
5127 Fifth Line
5127 Fifth Line
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3 + 2
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
6 + 5
ROOMS
N12006842
MLSID
Contact Us
Property Description
This open concept home is located on an acre sized lot in the Hamlet of Penville. A Beautiful stone detached bungalow with a walk out basement. This home features 3+2 Bedrooms, 2+1 bathrooms, two kitchens, and two laundry rooms. The main floor kitchen has lots of storage space and French doors walk out to the rear deck. The 2 car garage offers access to both the main floor and separate entrance to basement. The large and bright walk out 2 Bedroom basement apartment is perfect for multi-generational families or to utillize as an income property to help out with Mortgage payments. HWT & Water Softener are owned. With plenty of parking, space to play and pretty views, this home awaits you and your family. Shingles 2020, Water System Includes: Iron System, UV Light, Water Softener and Reverse Osmosis.
Property Details
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
2000-2500
Lot Size
161' x 235'
Fronting
South
Taxes
$6,142 (2024)
Basement
Apartment, Fin W/O
Exterior
Stone
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
10
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain14.47' x 16.24'
LivingMain15.45' x 20.47'
OfficeMain14.96' x 18.11'
Prim BdrmMain13.45' x 14.47'
2nd BrMain10.40' x 12.04'
3rd BrMain11.02' x 11.02'
RecBsmt14.24' x 18.27'
KitchenBsmt6.63' x 14.60'Combined W/Living
Prim BdrmBsmt14.14' x 15.29'
BrBsmt11.84' x 15.32'
OtherBsmt14.44' x 22.64'
New Tecumseth Market Statistics
New Tecumseth Price Trend
5127 Fifth Line is a 3-bedroom 3-bathroom home listed for sale at $1,299,999, which is $382,581 (41.7%) higher than the average sold price of $917,418 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in New Tecumseth increased by $172,135 (23.1%) compared to the previous 30 day period (December 22 - January 20) and up $95,752 (11.7%) from the same time one year ago.
Inventory Change
There were 33 3-bedroom homes listed in New Tecumseth over the last 30 days (January 21 - February 19), which is up 26.9% compared with the previous 30 day period (December 22 - January 20) and up 10.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in New Tecumseth typically sold ($30,791) (3.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $23,992 decrease compared to the previous 30 day period (December 22 - January 20) and ($25,199) 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 (January 21 - February 19) stood at 81.8%, up from 23.1% over the previous 30 days (December 22 - January 20) and up from 80.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in New Tecumseth stood at 21 days when successfully sold over the last 30 days (January 21 - February 19), compared to 106 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Millennium Inc.
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