5400 Third Line

FOR SALE
$2,480,000
5400 Third Line, New Tecumseth
5400 Third Line
5400 Third Line
5400 Third Line
5400 Third Line
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3 + 2
BEDROOMS
4
BATHROOMS
2 + 1
KITCHENS
7 + 5
ROOMS
N8271790
MLSID
Contact Us
Property Description
A Tranquil Country Lifestyle With Modern Comforts Awaits You On These Sprawling 10 Acres. Minutes To Both Schomberg & Tottenham! Impressive Bungalow Built In 1989, Is Ideal For A Growing Family Or Multi-Generation Situation, With An Unparalleled Full 2 Brs Basement Apartment With Walkout. Both Levels Offer Oversized Rooms, Upgraded Flooring, Cabinetry, Granite, Moulding & Just Too Many Features To List. Front Acreage Ideal For Family Entertaining With Above Ground Heated, Salt Water Pool, Lounging & Patio Areas Plus A "Parrillada" BBQ! Attached Double Car Garage With Approx. 489 Sq. Ft., Separate Doors, Loft Storage & Heater. Massive Heated Fully Finished Separate Workshop Built-In 2017 Offers So Many Possible Uses, Including Car Collector, Home Mechanic, Hobbyist, Etc., Approx. 2,000 Sq. Ft With Two Huge Bay Doors & Height Allows For Car Lifts. Separate Gate & Private Driveway Access Doesn't Interfere With The Main House. Long Wide Driveway Fits All Your Toys. Full Marketing Package Available.
Extras
See Attached Detailed List of Features & Upgrades
Property Features
Clear View, Level, Part Cleared, Sloping
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
2000-2500
Lot Size
411' x 1,070'
Acreage
10-24.99
Lot Irregularities
10.022 Acres As Per Geo
Fronting
North
Taxes
$6,072 (2023)
Basement
Apartment, Sep Entrance
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Pool
Abv Grnd
Parking Spaces
12
Driveway
Circular
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingGround20.11' x 20.24'Hardwood Floor, Window, Crown Moulding
DiningGround11.52' x 14.27'Hardwood Floor, Crown Moulding, Window
KitchenGround10.43' x 11.88'Hardwood Floor, Ceramic Back Splash, Double Sink
BreakfastGround11.88' x 12.24'Hardwood Floor, Family Size Kitchen, Eat-In Kitchen
Prim BdrmGround12.53' x 15.88'Hardwood Floor, Closet, 6 Pc Ensuite
2nd BrGround11.84' x 13.39'Hardwood Floor, Double Closet, Window
3rd BrGround11.48' x 13.81'Hardwood Floor, Double Closet, Window
RecBsmt13.81' x 28.58'W/O To Yard, Laminate, Above Grade Window
DiningBsmt13.91' x 16.17'Open Concept, Laminate, Open Concept
KitchenBsmt13.45' x 19.19'Ceramic Floor, Granite Counter, Centre Island
4th BrBsmt13.58' x 22.93'Laminate, W/I Closet, Window
5th BrBsmt11.52' x 19.62'Laminate, Double Closet, Window
New Tecumseth Market Statistics
New Tecumseth Price Trend
5400 Third Line is a 3-bedroom 4-bathroom home listed for sale at $2,480,000, which is $1,621,936 (189.0%) higher than the average sold price of $858,064 in the last 30 days (April 6 - May 5). During the last 30 days the average sold price for a 3 bedroom home in New Tecumseth declined by $36,684 (4.1%) compared to the previous 30 day period (March 7 - April 5) and down $27,686 (3.1%) from the same time one year ago.
Inventory Change
There were 53 3-bedroom homes listed in New Tecumseth over the last 30 days (April 6 - May 5), which is up 43.2% compared with the previous 30 day period (March 7 - April 5) and up 47.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in New Tecumseth typically sold ($22,731) (2.6%) below asking price over the last 30 days (April 6 - May 5), which represents a $17,808 decrease compared to the previous 30 day period (March 7 - April 5) and ($22,393) 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 6 - May 5) stood at 47.2%, down from 78.4% over the previous 30 days (March 7 - April 5) and down from 83.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in New Tecumseth stood at 31 days when successfully sold over the last 30 days (April 6 - May 5), compared to 38 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Premier Inc.
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