6973 Seventh Line

FOR SALE
$2,475,000
6973 Seventh Line, New Tecumseth
6973 Seventh Line
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3 + 2
BEDROOMS
5
BATHROOMS
1
KITCHENS
15 + 5
ROOMS
N8098796
MLSID
Contact Us
Property Description
Welcome to your dream country retreat situated on a private 9.8acre property in the heart of the countryside. Custom 2.5 story ICF built home featuring over 5,500sf of living space. Main w/ hardwood floors, 9+ft ceilings, 2pc-bath, laundry and bed. Gourmet kitchen: built-in S/S appliances, custom cabinets, quartz countertops & oversized island that doubles as a breakfast bar. 2nd level: primary w/ WIC, built-ins & ensuite bath w/ soaking tub & separate shower. Additional 2-bed & 3pc bath. 3rd level loft: open rec-room/bed, 2pc bath & storage. Fully finished walk-out basement w/ separate entrance, 3pc bath, bed/office, in-floor heating & rec-room. Outside discover a picturesque oasis complete w/ manicured gardens, oversized decks, gazebo, hot tub, pool sized lot and entertainment area. Extras: Generator, Security System, Roof (2023). Enjoy rural living while still being 10 min to hwy 400 & mins to charming local shops, restaurants, grocery stores and more.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-07-19 2023-11-30 134 $2,475,000 - Expired
Property Details
Property Type
Detached, 2 1/2 Storey
Approximate Sq.Ft.
5000+
Lot Size
203' x 2,127'
Acreage
5-9.99
Fronting
South
Taxes
$10,340 (2023)
Basement
Finished, W/O
Exterior
Board/Batten, Stone
Heat Type
Other
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
20
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
Prim Bdrm2nd16.90' x 16.77'
Br2nd10.27' x 17.88'
Br2nd16.60' x 10.37'
Great RmMain36.84' x 16.80'
DiningMain16.70' x 22.28'
BrMain13.12' x 13.98'
BrBsmt16.60' x 14.34'
New Tecumseth Market Statistics
New Tecumseth Price Trend
6973 Seventh Line is a 3-bedroom 5-bathroom home listed for sale at $2,475,000, which is $1,635,280 (194.7%) higher than the average sold price of $839,720 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom home in New Tecumseth declined by $84,707 (9.2%) compared to the previous 30 day period (March 15 - April 13) and down $34,724 (4.0%) from the same time one year ago.
Inventory Change
There were 54 3-bedroom homes listed in New Tecumseth over the last 30 days (April 14 - May 13), which is up 50.0% compared with the previous 30 day period (March 15 - April 13) and up 35.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in New Tecumseth typically sold ($24,994) (3.0%) below asking price over the last 30 days (April 14 - May 13), which represents a $19,423 decrease compared to the previous 30 day period (March 15 - April 13) and ($18,633) 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 14 - May 13) stood at 46.3%, down from 80.6% over the previous 30 days (March 15 - April 13) and down from 67.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 5-bathroom home in New Tecumseth stood at 27 days when successfully sold over the last 30 days (April 14 - May 13), compared to 40 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Real Estate Centre Inc.
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