5884 7th Line

FOR SALE
$1,329,000
5884 7th Line, New Tecumseth
5884 7th Line
5884 7th Line
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5
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
13 + 5
ROOMS
N9371731
MLSID
Contact Us
Property Description
Open House Sunday Nov 17 1-3. Detached shop sits on 1.16 acres. Private Nanny Suite on main level. Bachelor Apt w sep entry. This is the ultimate package where you can enjoy country yet be close to Beeton, Alliston & 400. This 4 level side split has over 4000 sq ft finished - 4 baths, 5 walk outs, 2 dining rooms, 3 living rooms, 5 bdrms, 2 kit. Upon entering you are greeted w a bright warm neutral decor, french doors to living room, some new hardwood floors, 3 season sun room facing one of the best panoramic views of the valley. The kit has 2 pantries and plenty of cupboard space plus a pass through window to formal dining room. Display your precious items in the built in china cabinets with lighting on both sides of the fireplace. The bsmt has a large gym area and/or pool table room plus cold rm. Detached 700 sq ft workshop heated insulated w 100 amp also has 6' barn door w ramp. No houses behind or on one side. The oversized dbl garage (26 x 20) has access to basement gym & bachelor apt + houses the 200 amp panel. Driveway can park 15 vehicles. Smoke free home. New Septic Tank June 2024. Shingles 2022. New UV Light Sept 25. A/C serviced w new motor in spring. New hardwood floor in Rec Room March 2024.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-10 2024-09-25 77 $1,399,000 - Terminated
2024-03-14 2024-07-10 118 $1,499,000 - Terminated
2024-03-14 2024-04-05 22 $1,499,000 $1,430,000 Sold
2023-12-04 2024-03-01 90 $1,550,000 - Expired
Extras
All light fixtures, shelving on walls in shop/furnace rm/cold rm. Garage work bench. Digital antenna. HWT 60 gal owned. Shop window A/C, 2 sheds.
Property Features
Clear View, Wooded/Treed
Property Details
Street
Property Type
Detached, Sidesplit 4
Approximate Sq.Ft.
2500-3000
Lot Size
130' x 390'
Acreage
.50-1.99
Fronting
North
Taxes
$6,496 (2023)
Basement
Fin W/O, Walk-Up
Exterior
Brick, Wood
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
15
Driveway
Front Yard
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain15.75' x 9.97'
LivingMain11.91' x 17.72'
DiningMain10.17' x 10.50'
DiningMain15.42' x 14.11'
Prim BdrmMain13.45' x 13.78'
SunroomMain9.19' x 16.73'W/O To Deck, French Doors
BathroomMain8.20' x 5.25'3 Pc Ensuite
Prim BdrmUpper12.47' x 11.15'Sliding Doors, Double Closet
2nd BrUpper10.50' x 10.89'
3rd BrUpper8.99' x 9.71'
LivingLower23.29' x 12.70'4 Pc Bath, Window, Closet
LivingMain12.60' x 12.80'Sliding Doors
New Tecumseth Market Statistics
New Tecumseth Price Trend
5884 7th Line is a 5-bedroom 4-bathroom home listed for sale at $1,329,000, which is $189,000 (16.6%) higher than the average sold price of $1,140,000 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 5 bedroom home in New Tecumseth declined by $348,000 (23.4%) compared to the previous 30 day period (September 23 - October 22) and down $710,000 (38.4%) from the same time one year ago.
Inventory Change
There were 3 5-bedroom homes listed in New Tecumseth over the last 30 days (October 23 - November 21), which is down 0.0% compared with the previous 30 day period (September 23 - October 22) and up 50.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in New Tecumseth typically sold ($28,000) (2.5%) below asking price over the last 30 days (October 23 - November 21), which represents a $36,001 decrease compared to the previous 30 day period (September 23 - October 22) and ($149,000) more 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 5-bedroom homes in New Tecumseth over the last 30 days (October 23 - November 21) stood at 33.3%, down from 33.3% over the previous 30 days (September 23 - October 22) and down from 100.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 4-bathroom home in New Tecumseth stood at 13 days when successfully sold over the last 30 days (October 23 - November 21), compared to 93 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Crosstown Realty Inc.
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