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Coldwell Banker Summit Realty

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

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage — RECO Registration #6018570.

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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 46 days

    5876 8th Line

    Rural Essa·Essa, ON·L0L 1N0·Near 8th Line & 5th Sideroad

    • 6 beds
    Essa real estate›N13416682
    • 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

    Welcome to this exceptional 47-acre parcel in South Essa Township, formerly known as the historic Tally Ho Airport, offering a rare opportunity with private aircraft aerodrome zoning. This unique property features a desirable blend of agricultural, commercial, and residential zoning, including approximately 5 acres of commercially zoned land fronting on 8th Line, providing excellent exposure and accessibility for a wide range of permitted uses. Registered with NAV Canada, the aerodrome permits ongoing private aircraft operations and includes a functional airstrip with additional shorter runways, ideal for aviation enthusiasts, private operators, or businesses requiring direct air access. The property includes a traditional 6-bedroom Ontario farmhouse with strong potential for multi-generational living, rental income, or a customized estate residence. A secondary home of approximately 1,000 sq. ft. offers additional flexibility for renovation, redevelopment, or guest accommodations. Outbuildings include an impressive 80' x 80' aircraft hangar capable of accommodating planes or helicopters, complete with an attached 15' x 40' office, a secondary 80' x 40' insulated metal building with heat and power, and a third structure currently used for hay storage with flexible future use. With established infrastructure, flexible zoning, and rich aviation history, this property supports a wide range of uses including agricultural operations, home-based businesses, and specialized commercial applications (subject to approvals).A rare offering combining scale, privacy, commercial frontage, and active aviation use-ideal for investors, end-users, or those seeking a distinctive live/work opportunity with long-term upside. Renderings are for illustrative purposes only and do not represent the property's current condition.

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

    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
    Jun 8, 2026ListedCurrentFor sale$2,998,000 —N13416682This page
    Apr 7, 2026Previously listedTer$4,288,900 —N12965972View
    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
      Water
      Air conditioning
      None
      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.

    📍 5876 8th 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
    $14,728
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $735
    0.29% mill rate · ON
    The market

    How this home sits in the Essa market

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

    The Essa market right now

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

    • Avg sold price
      $816,364
      Last 30 days
    • Median sold price
      $745,000
      Middle of the market
    • Days on market
      40 d
      Avg from list to close
    • Closed last 30d
      97
      MLS® transactions
    Full Essa market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 5876 8th 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 5876 8th 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 5876 8th Line listed for?

      5876 8th Line is listed at $2,998,000 on the MLS® (listing N13416682). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 5876 8th 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. 3500-5000 sqft
  3. Detached
  4. Asking
    $2,998,000
    $0 / sqft · MLS® N13416682
    Chat Zara
    Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,257,201
    $1,156,625Confidence range$1,357,777
    Asking vs estimate
    ↑↑well-above
    +$1,740,799
    (+138.5%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 6 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Essa sell in about 40 days — this one has been listed 46 days.

    Avg sold price
    $816,364
    Median sold
    $745,000
    Avg days on market
    40
    Recently sold
    97
    See comparable sales
    Walk through online
    Listing agent has provided a interactive tour
    Open virtual tour
    AI highlights by Zara
    • The property includes a traditional 6-bedroom Ontario farmhouse with strong potential for multi-generational living, rental income, or a customized estate residence.
    • Renderings are for illustrative purposes only and do not represent the property's current condition.
    Ask Zara a follow-up
    Septic
  5. Parking & garage

    3
    Garage
    Other
    Parking spaces
    20
    Driveway
    Private
  6. Interior

    4
    Basement
    Partial Basement
    Family room
    Y
    Kitchens
    2
    Total rooms
    12
  7. Exterior & construction

    4
    Exterior
    Brick
    Roof
    Asphalt Shingle
    Foundation
    Block
    Pool
    None
  8. Listing & possession

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

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

    Room dimensions

    Main level

    5 rooms
    • Sunroom
      17.4 × 15.5 ft
    • Kitchen
      12.3 × 9.4 ft
    • Kitchen
      17.7 × 9.0 ft
    • Dining Room
      17.7 × 13.9 ft
    • Great Room
      21.0 × 16.3 ft

    Upper level

    7 rooms
    • Family Room
      28.4 × 17.3 ft
    • Office
      17.1 × 9.0 ft
    • Bedroom
      14.6 × 12.1 ft
    • Bedroom
      19.3 × 12.2 ft
    • Bedroom
      10.3 × 9.4 ft
    • Primary Bedroom
      19.3 × 12.1 ft
    • Bedroom
      10.5 × 10.1 ft
    Combined estimate
    $15,463
    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
    $14,728
    /mo
    based on the purchase price of $2,998,000
    $599,600 cash
    $2,398,400 financed
    $2,020,082 total interest
    Monthly payment$14,728/ month
    Principal54%$2,398,400
    Interest46%$2,020,082

    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 Essa

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

    • 41 Osborn Street
      Sold
      Sign in for price
      41 Osborn Street
      Detached
    • 2 Evergreen Lane
      Sold
      Sign in for price
      2 Evergreen Lane
      Detached
    • 6598 County 10 Road
      Sold
      Sign in for price
      6598 County 10 Road
      Detached
    • 8361 11th Line
      Sold
      Sign in for price
      8361 11th Line
      Detached
    • 5517 Side Rd 30 Side Road
      Sold
      Sign in for price
      5517 Side Rd 30 Side Road
      Detached
    • 5856 Highway 89
      Sold
      Sign in for price
      5856 Highway 89
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    5876 8th LineThis home6 / 335,005,000$2,998,000ask———
    41 Osborn Street5 / 52,500—
    2 Evergreen Lane5 / 53,000—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.
    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.

  10. One team, no handoffs

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

  11. Showings on YOUR schedule

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

  12. Mortgage that closes

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

  13. Public listing courtesy of NEST SEEKERS INTERNATIONAL REAL ESTATE · displayed on Summitly per MLS® data-share rules

    5876 8th Line is a 6-bedroom, 3-bath, 3500-5000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  14. When was 5876 8th Line built?

    The year built for 5876 8th Line isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  15. What is the property tax for 5876 8th Line?

    The 'Property tax' tab in the History section shows the most recent annual tax for 5876 8th Line plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  16. How much would the monthly mortgage be on 5876 8th Line?

    The affordability calculator on this page shows an estimated monthly mortgage for $2,998,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  17. Has 5876 8th Line been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 5876 8th Line with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  18. What neighbourhood is 5876 8th Line in?

    5876 8th Line is in Rural Essa, Essa. The 'Neighbourhood' section below links to the live Essa real estate hub with average sold price, days on market, and current inventory.

  19. Is Essa a good place to live?

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

  20. 6598 County 10 Road
    5 / 5
    2,500
    —
    8361 11th Line5 / 33,500—
    5517 Side Rd 30 Side Road5 / 45,000—
    5856 Highway 895 / 22,500—