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6863 Fifth Line
homes for sale · New Tecumseth · Rural New Tecumseth
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$15,800,000

6863 Fifth Line

Rural New Tecumseth, New Tecumseth · MLS® N13588520

Land · Agriculture · 95 days on market

listed by ANTHONY FATA, REMAX YOUR COMMUNITY REALTY

realtor's description

Exceptional Power of Sale opportunity to acquire a (6863a 10.16 and 6863 89.46) combined 99.62 acres of contiguous, largely vacant land with frontage on the south side of 5th Line, steps from Tottenham. Ideally situated between the edge of the Tottenham urban boundary and Woodington Lake, these parcels offer prime exposure and growth positioning in one of Simcoe Countys fastest-growing communities. Immediate proximity to the western border of Tottenham places the site just 600 metres from urban amenities, Coventry Park, and Woodington Lake Golf Club. Rapid regional highway access enhances connectivity for future development and investment appeal. Official Plan designations include Rural, Environmental Protection, Oak Ridges Moraine Countryside and Natural Linkage Areas. Zoning supports agricultural, residential, conservation, limited commercial/industrial, and institutional use, with agri-tourism potential. Municipal water and sewer services are nearby; the majority of the land is unimproved except for one single-family residence. A unique offering as as is, where is, under Power of Sale, presenting exceptional land banking and future development prospects in a robust growth corridor.

property details

type
Land, Agriculture
parking
0
property tax
$4,198 / yr
days on market
95
MLS®
N13588520

monthly cost

$69,189/mo
Mortgage $68,839 · Tax $350

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$68,839/ monthly
loan $12,640,000
25-year amortization
total interest
$8,011,725
cash to close
$3,160,000
down payment; transfer tax and fees not included
total paid
$20,651,725

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Rural New Tecumseth, New TecumsethGoogle Maps ↗

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listed by
ANTHONY FATA
REMAX YOUR COMMUNITY REALTY
call ANTHONY · 416-410-8040
Powered by: REALTOR.ca

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location

Rural New Tecumseth, New TecumsethGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

nothing comparable on the market right now.