Just north of Schomberg and east of Tottenham sits this 50+ acre parcel that is ideal for those wanting to add land to their real estate portfolio or live in a peaceful country setting. The home is perfectly situated in amongst mature trees and hedges and is recently renovated for someone to move in or lease. Fenced in-ground pool and pool house for warm summer days. Private patio overlooks the pool and property. A floor plan that is spacious and could easily lend itself to extended family. All renovations recent and very nicely done including all bathrooms, kitchen, floors and windows. Living area with a fabulous curved stone fireplace beneath 16' beamed cathedral ceiling. Open concept areas to accommodate any number of layouts. Kitchen includes breakfast area and walks out to patio and pool. Laundry ideally situated in room adjacent to garage and includes storage. Primary with double closet, en suite and a wall of south-facing windows. Main floor separate den could be private office. Lower level is very bright with several deep windows. This parcel of land is of high quality and is currently being farmed by a local farmer. Bucolic, big open sky views bring you back to quieter times. Natural gas on property. Generator. Shed with pool equipment and separate panel. New liner and pool cover.
4 bedrooms, 3 bathrooms, about 3,000 sq ft, works out to roughly $965 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 5512 3rd Line
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
3000-3500 sq ftas stated on the listing
Parking
14 spacesYes garage
Basement
Partial Basement, Partially Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
14
Interior
Basement
Partial Basement · Partially Finished
Exterior & construction
Pool
Yes
Lot & land
Lot size (sqft)
50.52
Listing & possession
Property style
Bungalow
Property class
Detached
5512 3rd 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® N13786040$2,895,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 5512 3rd Line Compares to the New Tecumseth Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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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
$14,222
/mo
based on the purchase price of $2,895,000
$579,000 cash
$2,316,000 financed
$1,950,680 total interest
Principal54%$2,316,000
Interest46%$1,950,680
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 New Tecumseth
Other 4–5 bed homes for sale in New Tecumseth around $2.9M.
Average days on market45Homes sold in about 45 days on average.
Sale-to-list ratio96.7%On average, homes sold below asking.
Active listings293Homes for sale here right now.
Median vs prior 90 days+0.7%Compared with May 6 – Aug 4, 2026: prices up.
Based on 261 sales from Aug 4 – Nov 2, 2026 (175 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 5512 3rd Line
How much is 5512 3rd Line listed for?
5512 3rd Line is listed at $2,895,000 (MLS® N13786040). Summitly updates the price as soon as the MLS® record changes.
Is $2,895,000 a good price for 5512 3rd Line?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in New Tecumseth. 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 5512 3rd Line changed?
No — 5512 3rd Line is still listed at its original asking price of $2,895,000.
How many bedrooms and bathrooms does 5512 3rd Line have?
5512 3rd Line has 4 bedrooms and 3 bathrooms, with about 3,000–3,500 square feet of living space. It is a detached home in New Tecumseth.
How much would the monthly mortgage be on 5512 3rd Line?
About $14,222 a month — principal and interest on $2,895,000 with 20% down ($579,000), 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 5512 3rd Line compare with other homes in New Tecumseth?
Its asking price of $2,895,000 is about 286% above the median sold price in New Tecumseth over the last 90 days, $750,000, across 261 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 5512 3rd Line been sold before?
Summitly has no earlier MLS® sale or lease of 5512 3rd Line on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5512 3rd Line?
5512 3rd Line is in New Tecumseth, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5512 3rd Line been on the market?
49 days — 5512 3rd Line was listed on September 14, 2026.
What is the price per square foot of 5512 3rd Line?
About $827 to $965 per square foot: the asking price of $2,895,000 over the 3,000–3,500 sq ft the listing gives as its size range.
Does 5512 3rd Line have parking or a garage?
Yes — the listing gives 14 parking spaces. Garage: Yes.
Does 5512 3rd Line have a basement, and is it finished?
The listing describes the basement as: Partial Basement, Partially Finished.
