Top 5 Reasons You Will Love This Home: 1) Embrace peaceful country living surrounded by beautiful farmland with no direct neighbours, offering an exceptional sense of privacy while remaining just 10 minutes from Shelburne and approximately 30 minutes from Orangeville and Collingwood 2) Spread out across over 3,000 square feet of finished living space with five bedrooms and three full bathrooms, providing plenty of room for the whole family, along with the everyday convenience of main level laundry and a three-piece bathroom 3) Take advantage of a separate main level in-law or rental suite, complete with its own private entrance and breaker panel, creating a flexible space for extended family, overnight guests, a home-based setup, or potential additional income 4) Make the most of exceptional garage and outdoor space with an oversized garage, a detached insulated two-car garage, and multiple outbuildings offering ample room for vehicles, hobbies, storage, and recreational toys, while a raised garden, apple and pear trees, raspberry bushes, a hot tub, patio, gazebo, and pet invisible fence create an inviting outdoor setting to garden, gather, entertain, and enjoy the peaceful country surroundings 5) Move in knowing many of the major updates have already been completed, including the windows, well, mechanical systems, metal roof, air conditioning, and appliances, with a 22kW whole-home generator adding valuable peace of mind during power outages. 3,094 above grade sq.ft. plus an unfinished basement. *Please note some images have been virtually staged to show the potential of the home.
5 bedrooms, 3 bathrooms, about 3,000 sq ft, works out to roughly $330 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 518079 County Road 124
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
3000-3500 sq ftas stated on the listing
Parking
23 spacesYes garage
Basement
Unfinished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
23
Interior
Basement
Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
518079 County Road 124 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13748662$989,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 518079 County Road 124 Compares to the Melancthon Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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
$4,859
/mo
based on the purchase price of $989,000
$197,800 cash
$791,200 financed
$666,398 total interest
Principal54%$791,200
Interest46%$666,398
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.
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.
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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.
Similar homes for sale nearby in Melancthon
Other 4-bed homes for sale in Melancthon around $989K.
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 518079 County Road 124
How much is 518079 County Road 124 listed for?
518079 County Road 124 is listed at $989,000 (MLS® X13748662). Summitly updates the price as soon as the MLS® record changes.
Is $989,000 a good price for 518079 County Road 124?
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
Has the price of 518079 County Road 124 changed?
No — 518079 County Road 124 is still listed at its original asking price of $989,000.
How many bedrooms and bathrooms does 518079 County Road 124 have?
518079 County Road 124 has 5 bedrooms and 3 bathrooms, with about 3,000–3,500 square feet of living space. It is a detached home in Melancthon.
How much would the monthly mortgage be on 518079 County Road 124?
About $4,859 a month — principal and interest on $989,000 with 20% down ($197,800), 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 518079 County Road 124 compare with other homes in Melancthon?
Its asking price of $989,000 is about 24% above 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 518079 County Road 124 been sold before?
Summitly has no earlier MLS® sale or lease of 518079 County Road 124 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 518079 County Road 124?
518079 County Road 124 is in Melancthon, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 518079 County Road 124 been on the market?
47 days — 518079 County Road 124 was listed on September 5, 2026.
What is the price per square foot of 518079 County Road 124?
About $283 to $330 per square foot: the asking price of $989,000 over the 3,000–3,500 sq ft the listing gives as its size range.
Does 518079 County Road 124 have parking or a garage?
Yes — the listing gives 23 parking spaces. Garage: Yes.
Does 518079 County Road 124 have a basement, and is it finished?
The listing describes the basement as: Unfinished.