7018 4TH LINE, New Tecumseth

$3,500,000

For sale: Other

Other at 7018 4TH LINE, New Tecumseth
Property type
Farm
MLS®
MLS® N13860356
Neighbourhood
Rural New Tecumseth

POWER OF SALE / RECEIVERSHIP OPPORTUNITY - Approximately 25+ acres of strategically located land on the north side of Fourth Line, immediately west of Tottenham and adjoining the Woodington Lake Golf Club area. This unique holding offers prominent rural frontage, a desirable setting near the Tottenham urban boundary, and excellent appeal for purchasers seeking a land-banking, agricultural, recreational, estate-residential or long-term planning opportunity. The property is improved with an existing detached residence and former equestrian-related improvements, with the land historically marketed as an equestrian facility. The site is largely surrounded by open countryside and golf-course lands, providing a private and scenic setting while remaining within close proximity to Tottenham's amenities, schools, shops and community services.

Sold data

Homes in New Tecumseth — recent sold market

Homes in New Tecumseth took a median of 38 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 74, across 178 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 65 days.

The median sale price was $774,350.

Homes sold for about 3.3% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 26% of sellers reduced their price before finding a buyer.

Median days to sell
39
Median sale price
$774,350
Sale-to-list ratio
96.7%
Sold above asking
8%

Based on 178 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 7018 4TH LINE