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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Lots & Land in Melancthon
About 116258 2nd SW Line
Gorgeous treed 2.8 acre vacant lot, minutes from Shelburne on a paved road. Hydro, driveway and drilled well are all in place + natural gas is available. Come and build your forever home on this beautiful lot in peaceful Melancthon.
Melancthon land priced at $515,000 — book a tour to see if it fits your search.
Inside 116258 2nd SW Line
Every detail from the listing, in one place.
Type
Land
Parking
10 spaces
Features & systems
Parking & garage
Parking spaces
10
Lot & land
Lot size (sqft)
2.81
Listing & possession
Property class
Vacant Land
116258 2nd SW Line Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13562952$515,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 116258 2nd SW Line Compares to the Melancthon Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,530
/mo
based on the purchase price of $515,000
$103,000 cash
$412,000 financed
$347,012 total interest
Principal54%$412,000
Interest46%$347,012
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
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.
For homeowners nearby
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Book a tour of 116258 2nd SW Line with a licensed buyer's agent
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Zara · AI virtual agent
Ask about 116258 2nd SW Line day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
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Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
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.
Average days on market94Homes sold in about 94 days on average.
Sale-to-list ratio84.4%On average, homes sold below asking.
Active listings55Homes for sale here right now.
Median vs prior 90 days+13.2%Compared with Apr 25 – Jul 24, 2026: prices up.
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.
Questions About 116258 2nd SW Line
How much is 116258 2nd SW Line listed for?
116258 2nd SW Line is listed at $515,000 (MLS® X13562952). Summitly updates the price as soon as the MLS® record changes.
Has the price of 116258 2nd SW Line changed?
No — 116258 2nd SW Line is still listed at its original asking price of $515,000.
How many bedrooms and bathrooms does 116258 2nd SW Line have?
The listing for 116258 2nd SW Line doesn't publish its bedroom and bathroom count. It is a lot in Melancthon.
How much would the monthly mortgage be on 116258 2nd SW Line?
About $2,530 a month — principal and interest on $515,000 with 20% down ($103,000), 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.
How does 116258 2nd SW Line compare with other homes in Melancthon?
Its asking price of $515,000 is about 35% 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.
Has 116258 2nd SW Line been sold before?
Summitly has no earlier MLS® sale or lease of 116258 2nd SW Line on record from the last two years. Older records aren't shown under TRREB rules.
Where is 116258 2nd SW Line?
116258 2nd SW Line is in Melancthon, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 116258 2nd SW Line been on the market?
100 days — 116258 2nd SW Line was listed on July 14, 2026.
Does 116258 2nd SW Line have parking or a garage?
Yes — the listing gives 10 parking spaces.
What is the lot size of 116258 2nd SW Line?
The lot is 3.495 acres, as published in the listing.
What is the land transfer tax on 116258 2nd SW Line?
About $6,775 in Ontario land transfer tax at the asking price of $515,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 116258 2nd SW Line or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.