6467 3rd Line
Rural New Tecumseth, New Tecumseth, L0G 1W0
FOR SALE
$6,800,000
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3
BEDROOMS3
BATHROOMS1
KITCHENS6 + 1
ROOMSN7388632
MLSIDContact Us
Property Description
This Property Offers A Rare Opportunity To Own A Large Acreage With Site-Specific Automotive Repair Zoning On A Portion Of The Land. It Is Situated In The Developing Area Of Tottenham And Comes With A Newly Rebuilt Home, Barns, Shops, Storage Areas, And An Office Trailer. Additionally, There Is A 5000 Sq Ft Insulated Heated Shop With Large Access Doors, Which Is Currently Operating As An Automotive And Large Machine Repair Shop. All Necessary Licensing Is Already In Effect, Subject To Qualification From The Relevant Authorities.The Property Also Includes A Beautiful Home That Features Engineered Hardwood Flooring, A Custom Kitchen With A Large Island, Smooth Ceilings, Crown Molding, A Custom Walk-In Closet, 8 Ft Doors, And Pot Lights. There Is An Oversized Deck That Overlooks The Forest, Providing A Tranquil And Relaxing Atmosphere. This Amazing Property Offers The Opportunity To Purchase Both The Business And The Property Together. However, The Business Cannot Be Purchased Separately.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-01-13 | 2023-12-30 | 351 | $6,500,000 | - | Expired |
Extras
Don't Miss Out On The Chance To Own This Unique Property In A Developing Area With Plenty Of Potential! Detailed Information Package Available Upon Request. $4,700 Monthly Income - Excluding Business Income.
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Acreage
50-99.99
Lot Irregularities
M/L Irregular As Per Mpac
Fronting
South
Taxes
$4,649 (2023)
Basement
Fin W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
50
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Dining | Main | 12.63' x 16.14' | Open Concept, W/O To Deck, Hardwood Floor |
| Living | Main | 31.36' x 12.73' | Hardwood Floor, Open Concept, Pot Lights |
| Br | Main | 16.27' x 15.55' | Hardwood Floor, Crown Moulding, Ensuite Bath |
| Br | Upper | 11.81' x 12.50' | Hardwood Floor, Crown Moulding, Ensuite Bath |
| Prim Bdrm | Upper | 15.12' x 17.65' | Hardwood Floor, Crown Moulding, Ensuite Bath |
| Rec | Lower | 28.67' x 27.10' | Tile Floor, Pot Lights |
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New Tecumseth Market Statistics
New Tecumseth Price Trend
6467 3rd Line is a 3-bedroom 3-bathroom home listed for sale at $6,800,000, which is $5,884,667 (642.9%) higher than the average sold price of $915,333 in the last 30 days (March 29 - April 27). During the last 30 days the average sold price for a 3 bedroom home in New Tecumseth increased by $71,667 (8.5%) compared to the previous 30 day period (February 28 - March 28) and down $18,417 (2.0%) from the same time one year ago.Inventory Change
There were 44 3-bedroom homes listed in New Tecumseth over the last 30 days (March 29 - April 27), which is up 4.8% compared with the previous 30 day period (February 28 - March 28) and up 22.2% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in New Tecumseth typically sold ($24,548) (2.7%) below asking price over the last 30 days (March 29 - April 27), which represents a $22,078 decrease compared to the previous 30 day period (February 28 - March 28) and ($30,053) 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 3-bedroom homes in New Tecumseth over the last 30 days (March 29 - April 27) stood at 68.2%, up from 57.1% over the previous 30 days (February 28 - March 28) 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 3-bathroom home in New Tecumseth stood at 33 days when successfully sold over the last 30 days (March 29 - April 27), compared to 42 days before being removed from the market upon being suspended or terminated.Listing contracted with Coldwell Banker Ronan Realty
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