5984 3rd Line

FOR SALE
$3,199,000
5984 3rd Line, New Tecumseth
5984 3rd Line
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4
BEDROOMS
2
BATHROOMS
1
KITCHENS
9
ROOMS
N9374062
MLSID
Contact Us
Property Description
Welcome to 5984 3rd Line This sprawling property boasts a charming 4 bedroom, 2 bathroom home situated on 45 acres of picturesque farmland 25 acres currently being used for Wheat and Soy. Nestled amidst the serene countryside, this property offers complete privacy and is a nature lover's paradise. The highlight of this property is its expansive barn and garage, providing ample space for storage, hobbies, or potential agricultural endeavours. Despite its secluded location, this property is conveniently located close to town, offering easy access to amenities while still maintaining a sense of seclusion. Additionally, the views from this property are truly unparalleled, providing a daily backdrop of awe-inspiring natural beauty. Don't miss this incredible opportunity to own a piece of paradise in New Tecumseh, Tottenham. Schedule a showing today and experience the serenity and charm that this property has to offer.
Property Details
Street
Property Type
Detached, 2-Storey
Lot Size
289' x 2,296'
Acreage
25-49.99
Fronting
North
Taxes
$2,799 (2024)
Basement
Full
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Oil
Air Conditioning
None
Water
Well
Parking Spaces
15
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
KitchenMain10.63' x 12.37'Breakfast Area, Walk-Out
BreakfastMain8.69' x 11.52'Combined W/Kitchen, Walk-Out
LivingMain19.09' x 12.40'Large Window
DiningMain15.49' x 10.33'
FamilyMain19.09' x 12.20'
OfficeMain14.14' x 9.74'
BrMain11.02' x 10.50'Large Window
Prim Bdrm2nd15.49' x 13.35'
3rd Br2nd11.94' x 9.38'
4th Br2nd12.60' x 13.06'
New Tecumseth Market Statistics
New Tecumseth Price Trend
5984 3rd Line is a 4-bedroom 2-bathroom home listed for sale at $3,199,000, which is $2,267,750 (243.5%) 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 2-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 Main Street Realty Ltd.
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