Melancthon, ON · · MLS® X12027878Updated
$349,900Est. $1,719/mo mortgage
0 3rd Line is a land in Melancthon, listed for $349,900. It has < 700 sq ft of living space.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
10.014 Acre Parcel Awaits your New Home Design. This private property is conveniently located on a Paved Road 5 minutes to Shelburne. Neighbours on each side but choose your building site with privacy. 5G Cell Service at Road. Property will require Well & Septic. Hydro located at the road. Currently no Driveway. Garbage & Recycling Pick up in Area. Property is located within the NVCA. Sign on Property.
works out to roughly $500 per square foot. Chat with Zara if you'd like a deeper read on whether this land fits your budget and timing.
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Lot & land
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Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
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Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
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0 89 Highway
Land
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516172 County 124 Road
Land
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Pt Lts 281, 282&283-280 Side Road
Land
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Lot 261&262 Side Road 260 N/A
3 bd · 1 ba · Land
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117488 2nd Line SW Line
Land
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238527 4th Line
Land
6 nearby sales vs. this home
Closed sales from MLS®, compared with this home's asking price.
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| Home | Sold price | $ / sqft | % of asking | Sold |
|---|---|---|---|---|
This home0 3rd Line 0 bd · 0 ba · 700 sqft | $349,900asking | $500 | — | — |
| 0 89 Highway 0 bd · 0 ba | ||||
| 516172 County 124 Road 0 bd · 0 ba | ||||
| Pt Lts 281, 282&283-280 Side Road 0 bd · 0 ba | ||||
| Lot 261&262 Side Road 260 N/A 3 bd · 1 ba · 700 sqft | ||||
| 117488 2nd Line SW Line 0 bd · 0 ba | ||||
| 238527 4th Line 0 bd · 0 ba · 700 sqft |
0 bd · 0 ba
0 bd · 0 ba
0 bd · 0 ba
3 bd · 1 ba · 700 sqft
0 bd · 0 ba
0 bd · 0 ba · 700 sqft
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20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Listing brokerage: RE/MAX REAL ESTATE CENTRE INC., BrokerageMLS® X12027878 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Other homes for sale in Melancthon around $350K.
Homes for sale in Melancthon
Every active Melancthon MLS® listing, updated all day.
Based on 11 sales from Jul 24 – Oct 22, 2026 (10 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
0 3rd Line is listed at $349,900 (MLS® X12027878). Summitly updates the price as soon as the MLS® record changes.
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Melancthon. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Yes — it was first listed at $459,900 and is now $349,900, a drop of $110,000 (23.9%).
0 3rd Line has about 700 square feet of living space. The listing doesn't publish a bedroom or bathroom count. It is a lot in Melancthon.
About $1,719 a month — principal and interest on $349,900 with 20% down ($69,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
Its asking price of $349,900 is about 56% below the median sold price in Melancthon over the last 90 days, $795,000, across 11 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Summitly has no earlier MLS® sale or lease of 0 3rd Line on record from the last two years. Older records aren't shown under TRREB rules.
0 3rd Line is in Melancthon, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
582 days — 0 3rd Line was listed on March 19, 2025.
About $500 per square foot: the asking price of $349,900 over the 700 sq ft the listing gives.
The lot is 17.495 acres, as published in the listing.
About $3,724 in Ontario land transfer tax at the asking price of $349,900. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
