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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 154 daysPrice drop · $125,000 off (-11.4%)

    557472 Mulmur Melancthon Line

    Rural Melancthon·Melancthon, ON·L9V 1W8·Near Mulmur Melancthon Townline

    • 4 beds
    Melancthon real estate›X12224243
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Calling all homesteaders and hobby farmers! Welcome to this rural dream with 4 bedrooms and 3 bathrooms, close to all city amenities. This fully updated century home sits on a gorgeous 2.81 acre lot, and offers ample opportunities for anyone seeking a country lifestyle. Upon arrival, you are welcomed by a stunning tree-lined driveway that provides a picturesque entrance and ultimate privacy. This Victorian-era century home is the best of both worlds, featuring a charming, rustic interior, paired with modern conveniences including forced air geothermal heat and AC, high-flow drilled well, Generac standby generator, updated electrical, custom kitchen with walk-in butlers pantry, and WETT certified wood fireplace insert. This home is move-in ready, with a large farmhouse kitchen and a private, primary bedroom suite equipped with a newly built, tranquil 4-piece ensuite. Outbuildings include a 28-foot by 24-foot garage/workshop, 50-foot by 25-foot original barn, newly built greenhouse, raised garden beds, chicken coop and lean-to for all your storage needs. Book your showing today!

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jul 3, 2026Price reducedCurrentReduced$974,900−$125,000 (11.4%)X12224243This page
    Jun 16, 2025ListedCurrentFor sale$1,099,900 —X12224243This page
    Mar 20, 2025Previously listedExp$1,149,000 —X12033307View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Forced Air
      Air conditioning
      Central Air
      Water source
      Well
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 557472 Mulmur Melancthon Line
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $4,789
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $389
    0.48% mill rate · ON
    The market

    How this home sits in the Melancthon market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Melancthon market right now

    Average sold price, days on market, and closed-transaction count for Melancthon — sourced from MLS®.

    • Avg sold price
      $1,010,057
      Last 30 days
    • Median sold price
      $900,000
      Middle of the market
    • Days on market
      112 d
      Avg from list to close
    • Closed last 30d
      7
      MLS® transactions
    Full Melancthon market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 557472 Mulmur Melancthon Line — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 557472 Mulmur Melancthon Line and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 557472 Mulmur Melancthon Line listed for?

      557472 Mulmur Melancthon Line is listed at $974,900 on the MLS® (listing X12224243). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 557472 Mulmur Melancthon Line have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 3 baths
  2. 3000-3500 sqft
  3. Detached
  4. 2-4.99 ac lot
  5. Asking
    $974,900
    $0 / sqft · MLS® X12224243
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,191,867
    $1,096,518Confidence range$1,287,217
    Asking vs estimate
    ↓below
    −$216,967
    (-18.2%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 4 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Melancthon sell in about 112 days — this one has been listed 154 days.

    Avg sold price
    $1,010,057
    Median sold
    $900,000
    Avg days on market
    112
    Recently sold
    7
    See comparable sales
    Calling all homesteaders and hobby farmers!
  7. This fully updated century home sits on a gorgeous 2.81 acre lot, and offers ample opportunities for anyone seeking a country lifestyle.
  8. This home is move-in ready, with a large farmhouse kitchen and a private, primary bedroom suite equipped with a newly built, tranquil 4-piece ensuite.
  9. Outbuildings include a 28-foot by 24-foot garage/workshop, 50-foot by 25-foot original barn, newly built greenhouse, raised garden beds, chicken coop and lean-to for all your storage needs.
  10. Ask Zara a follow-up
    Septic
  11. Parking & garage

    3
    Garage
    Detached
    Garage spaces
    2
    Parking spaces
    20
  12. Interior

    6
    Basement
    Full, Crawl Space
    Family room
    N
    Kitchens
    1
    Total rooms
    13
    Laundry level
    Main Level
    Elevator
    N
  13. Exterior & construction

    5
    Exterior
    Brick
    Roof
    Asphalt Shingle
    Foundation
    Concrete
    View
    Forest, Garden, Hills, Pasture, Trees/Woods
    Pool
    None
  14. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    2-Storey
    Property class
    Detached
  15. Room-by-room · 12 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    7 rooms
    • Laundry
      7.0 × 10.5 ft
    • Living Room
      25.2 × 10.8 ft
    • Bedroom 2
      14.5 × 11.8 ft
    • Bathroom
      3 Pc Bath
      15.1 × 7.4 ft
    • Kitchen
      15.8 × 17.2 ft
    • Pantry
      5.1 × 14.8 ft
    • Dining Room
      20.0 × 12.5 ft

    Second level

    5 rooms
    • Bedroom 4
      17.2 × 10.8 ft
    • Bathroom
      3 Pc Bath
      6.3 × 11.1 ft
    • Primary Bedroom
      4 Pc Ensuite
      26.9 × 11.7 ft
    • Bedroom 3
      15.1 × 11.4 ft
    • Bathroom
      4 Pc Ensuite
      14.0 × 11.3 ft
    Combined estimate
    $5,178
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $4,789
    /mo
    based on the purchase price of $974,900
    $194,980 cash
    $779,920 financed
    $656,897 total interest
    Monthly payment$4,789/ month
    Principal54%$779,920
    Interest46%$656,897

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in Melancthon

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 476345 3rd Line
      Sold
      Sign in for price
      476345 3rd Line
      Detached
    • 078001 7th Line
      Sold
      Sign in for price
      078001 7th Line
      Detached
    • 116278 Second Line
      Sold
      Sign in for price
      116278 Second Line
      Detached
    • 705409 County Rd 21 Road
      Sold
      Sign in for price
      705409 County Rd 21 Road
      Detached
    • 681141 260 Side Road
      Sold
      Sign in for price
      681141 260 Side Road
      Detached
    • 582335 County Road 17 Road
      Sold
      Sign in for price
      582335 County Road 17 Road
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    557472 Mulmur Melancthon LineThis home4 / 330,003,500$974,900ask———
    476345 3rd Line4 / 32,500—
    078001 7th Line4 / 12,000—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Melancthon

    Active listings within ±20% of this asking price.

    • 682449 260 Side Road
      $799,000
      682449 260 Side Road
      Detached 3 3
    • 518325 County Rd 124 Road
      $999,900
      518325 County Rd 124 Road
      Detached 4 4
    • 518306 County 124 Road
      $789,000
      518306 County 124 Road
      Detached 4 3
    • 266 Chippewa Avenue
      $1,050,000
      266 Chippewa Avenue
      Detached 4 4
    • 77384 7th Line
      $975,000
      77384 7th Line
      Detached 3 2
    • 436139 4th Line
      $899,900
      436139 4th Line
      Detached 5 3
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  16. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  17. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  18. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  19. Public listing courtesy of RIGHT AT HOME REALTY · displayed on Summitly per MLS® data-share rules

    557472 Mulmur Melancthon Line is a 4-bedroom, 3-bath, 3000-3500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  20. When was 557472 Mulmur Melancthon Line built?

    The year built for 557472 Mulmur Melancthon Line isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  21. What is the property tax for 557472 Mulmur Melancthon Line?

    The 'Property tax' tab in the History section shows the most recent annual tax for 557472 Mulmur Melancthon Line plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  22. How much would the monthly mortgage be on 557472 Mulmur Melancthon Line?

    The affordability calculator on this page shows an estimated monthly mortgage for $974,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  23. Has 557472 Mulmur Melancthon Line been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 557472 Mulmur Melancthon Line with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  24. What neighbourhood is 557472 Mulmur Melancthon Line in?

    557472 Mulmur Melancthon Line is in Rural Melancthon, Melancthon. The 'Neighbourhood' section below links to the live Melancthon real estate hub with average sold price, days on market, and current inventory.

  25. Is Melancthon a good place to live?

    Melancthon is one of ON's actively-tracked Summitly markets. The full Melancthon real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  26. 116278 Second Line
    4 / 2
    2,000
    —
    705409 County Rd 21 Road3 / 2700—
    681141 260 Side Road3 / 21,100—
    582335 County Road 17 Road3 / 31,500—