6971 8th Line, New Tecumseth, ON

$12,000,000
MLS#:N9843782
0 beds
0 baths
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable [] vacant land located in the coveted neighborhood of Rural New Tecumseth. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $12,000,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Spacious lot size measured in Acres
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • Notable attributes: None
  • equipped with [] central cooling

Power of Sale Opportunity; Consisting of 6971 & 7213 8th Line, New Tecumseth, Simcoe County. 313 acres of land available at the southeast corner of the 8th Line and Adjala Tecumseth Townline in the Town of New Tecumseth. Property is in area of developer/investor owned land.

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Key Features

000
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 12, 2024
Sold price information is available to members only
Listed Date10/31/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
CountySimcoe
Annual Tax$8,661.7
Legal DescriptionPT LTS 2 & 3 CON 7,TECUMSETH, AS IN RO744931 ; NEW TECUMSETH

Heating & Cooling

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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6971 8th Line, New Tecumseth, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 6971 8th Line, New Tecumseth, ON L0G 1A0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$9,600,000
Monthly Mortgage$55,779
Property Tax (Est.)$722
Utilities & Maint.$350
Total Monthly Cost$56,851

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in New Tecumseth.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural New Tecumseth, New Tecumseth.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,270,552

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Monsignor J E Ronan
Public10 Lilly Street West, Beeton, Ontario, L0G 1A0
5.3
Tecumseth Beeton
Public43 Patterson Street North, Beeton, Ontario, L0G 1A0
3.3

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.