537086 Main St is a land in Melancthon, listed for $4,999,000.
1Unlock the full potential of this exceptional lot!
2Located just outside of Horning's Mills with frontage on both Main Street and Highway 124.
3This beautiful and accessible lot of 25.13 acres is currently zoned for development by Melancthon Township and is designated Community and Environmental Conservation by the Township of Melancthon Official Plan.
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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 537086 Main Street
Unlock the full potential of this exceptional lot! Located just outside of Horning's Mills with frontage on both Main Street and Highway 124. This beautiful and accessible lot of 25.13 acres is currently zoned for development by Melancthon Township and is designated Community and Environmental Conservation by the Township of Melancthon Official Plan. Services are currently at the road with cable, hydro, gas, and high speed fibre internet all available. Proposals currently submitted to the Township for a 19 lot residential development. This property offers a unique opportunity for builders, developers, or investors seeking a strategic site.
Melancthon land priced at $4,999,000 — book a tour to see if it fits your search.
Inside 537086 Main St
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
25.13
Listing & possession
Property class
Vacant Land
537086 Main St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X12965156$4,999,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 537086 Main St 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
$24,559
/mo
based on the purchase price of $4,999,000
$999,800 cash
$3,999,200 financed
$3,368,376 total interest
Principal54%$3,999,200
Interest46%$3,368,376
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.
For homeowners nearby
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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.
Keep looking near 537086 Main St
Homes for sale in Melancthon
Every active Melancthon MLS® listing, updated all day.
Average days on market82Homes sold in about 82 days on average.
Sale-to-list ratio85.1%On average, homes sold below asking.
Active listings51Homes for sale here right now.
Median vs prior 90 days+13.2%Compared with Apr 18 – Jul 17, 2026: prices up.
Based on 13 sales from Jul 17 – Oct 15, 2026 (8 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 537086 Main St
How much is 537086 Main St listed for?
537086 Main St is listed at $4,999,000 (MLS® X12965156). Summitly updates the price as soon as the MLS® record changes.
Has the price of 537086 Main St changed?
No — 537086 Main St is still listed at its original asking price of $4,999,000.
How many bedrooms and bathrooms does 537086 Main St have?
The listing for 537086 Main St doesn't publish its bedroom and bathroom count. It is a lot in Melancthon.
How much would the monthly mortgage be on 537086 Main St?
About $24,559 a month — principal and interest on $4,999,000 with 20% down ($999,800), 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 537086 Main St compare with other homes in Melancthon?
Its asking price of $4,999,000 is about 529% above the median sold price in Melancthon over the last 90 days, $795,000, across 13 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 537086 Main St been sold before?
Summitly has no earlier MLS® sale or lease of 537086 Main St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 537086 Main St?
537086 Main St is in Melancthon, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 537086 Main St been on the market?
191 days — 537086 Main St was listed on April 7, 2026.
What is the lot size of 537086 Main St?
The lot is 37.495 acres, as published in the listing.
What is the land transfer tax on 537086 Main St?
About $111,450 in Ontario land transfer tax at the asking price of $4,999,000. 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 537086 Main St 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.
What is the property tax for 537086 Main St?
The listing for 537086 Main St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Melancthon.
