$ 2,098,000

10-Acre Bungalow with Massive Workshop and Ice Rink

Property details for 5584 6th Line, New Tecumseth

Type
Residential
Style
Bungalow
Bedrooms
5
Bathrooms
4
Lot Size
207.1 x 2141.2 FT
Stories
1
Basement
Partially finished, Full, N/A
Parking
Attached Garage, Garage
Heating
Forced air, Propane
Cooling
Central air conditioning
Exterior
Brick
Ownership
Freehold
Annual Taxes
$11,477

This one's all about the shop. Seriously, the detached, heated 59'5"x38'6" workshop with 16' ceilings and 100-amp service is the kind of space you build projects around. It's fully insulated, so you can work out there year-round. But the property itself is the real show. It's a 10-acre retreat, and the long driveway snakes through the woods to a well-kept bungalow. Inside, you get 2,616 sqft on the main level with four bedrooms up there, plus a fifth in the partially finished basement. The kitchen has been redone with new cabinets and countertops, and the floors are a mix of hardwood, ceramic, and vinyl. There's a two-tier deck off the back, a firepit, and a 30'x60' ice rink for winter. The land runs deep, about 2,141 feet, so you've got serious privacy. There's also a barn with a loft and carport, plus a storage shed. Taxes are $11,477 a year. It's priced at $2,098,000, which is the only listing nearby right now. This is a hobby farm dream, but it'll work for anyone wanting space.

About 5584 6th Line, New Tecumseth — Property Score

63
Strong Investment Great Location
Score: 63/100
Value
26
Priced 92.6% above area median of $1,089,444 based on 84 comparable properties nearby 1
Stable pricing - no price changes since original listing date 50
Size
78
5 bedrooms - 1 more than similarly priced 4-bedroom homes nearby 72
4 bathrooms - 1 more than similarly priced properties nearby 72
443,443 sqft lot - an oversized lot for the area 90
Location
77
$108K median household income - above the Canadian average of $70K 84
86% of residents hold postsecondary credentials - a highly educated neighbourhood 93
100% homeownership rate - indicating a stable, owner-occupied community 100
27% of residents commute under 30 minutes - longer average commute times 52
40/km² population density - a rural or semi-rural setting 55
Market
47
Just listed - area average is 78 days on market 100
-48.5% median price change over 1 month - declining prices in the area 1
79.5 months of housing supply - 159 active listings with 2 sold last month (buyer's market) 40
Features
78
12-car garage - more than the area average of 6.6 spots 95
Partially finished, Full, N/A basement - potential for additional finished space 85
standard forced air system 75
Central air conditioning - whole-home cooling 90
1 fireplace - a desirable feature for Canadian winters 75
No premium extras like pool, waterfront, or view 50
Investment
84
0.55% effective tax rate ($11,477/yr) - very low tax burden 84
Quality
50
Condition
50
Listing
89
50 photos provided - 28% more than the area average of 39 photos 92
6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.

Full Listing Description

All Property Details

Neighbourhood Census Data

New Tecumseth, Ontario

Population
548
Median Age
50.1
Median Income
$41,088
Dwelling Value
$681,056

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.8
Pop. Density: 39.9/km²
Avg Shelter Cost: $2,048/mo
Owners with Mortgage: 60.5%
Owners Spending 30%+: 21.1%
Tenants Spending 30%+: 0%
English only: 93.6%
English and French: 5.5%
Neither: 0.9%
Median Household Income: $107,776
Median Employment Income: $32,896

Price History

Contact Agent Get in touch about 5584 6th Line, New Tecumseth

MARK FARIS
MARK FARIS
FARIS TEAM REAL ESTATE BROKERAGE