5876 8th Line is a 6-bedroom, 2-bathroom detached home in Essa, listed for $2,798,000. It has 3500-5000 sq ft of living space.
1The property includes a traditional 6-bedroom Ontario farmhouse with strong potential for multi-generational living, rental income, or a customized estate residence.
2Renderings are for illustrative purposes only and do not represent the property's current condition.
3BasementPartial Basement, as described in the listing.
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.
6 bedrooms, 2 bathrooms, about 3,500 sq ft, works out to roughly $799 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 5876 8th Line
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
3500-5000 sq ftas stated on the listing
Parking
20 spacesYes garage
Basement
Partial Basement
Features & systems
Parking & garage
Garage
Yes
Parking spaces
20
Interior
Basement
Partial Basement
Lot & land
Lot size (sqft)
47.5
Listing & possession
Property style
2-Storey
Property class
Detached
5876 8th 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® N14172640$2,798,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 5876 8th Line Compares to the Essa Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
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An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$13,746
/mo
based on the purchase price of $2,798,000
$559,600 cash
$2,238,400 financed
$1,885,320 total interest
Principal54%$2,238,400
Interest46%$1,885,320
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.
Average days on market38Homes sold in about 38 days on average.
Sale-to-list ratio95.9%On average, homes sold below asking.
Active listings155Homes for sale here right now.
Median vs prior 90 days+6.9%Compared with May 16 – Aug 14, 2026: prices up.
Based on 101 sales from Aug 14 – Nov 12, 2026 (110 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 5876 8th Line
How much is 5876 8th Line listed for?
5876 8th Line is listed at $2,798,000 (MLS® N14172640). Summitly updates the price as soon as the MLS® record changes.
Is $2,798,000 a good price for 5876 8th 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 Essa. 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 5876 8th Line changed?
No — 5876 8th Line is still listed at its original asking price of $2,798,000.
How many bedrooms and bathrooms does 5876 8th Line have?
5876 8th Line has 6 bedrooms and 2 bathrooms, with about 3,500–5,000 square feet of living space. It is a detached home in Essa.
How much would the monthly mortgage be on 5876 8th Line?
About $13,746 a month — principal and interest on $2,798,000 with 20% down ($559,600), 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 5876 8th Line compare with other homes in Essa?
Its asking price of $2,798,000 is about 273% above the median sold price in Essa over the last 90 days, $749,350, across 101 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 5876 8th Line been sold before?
Summitly has no earlier MLS® sale or lease of 5876 8th Line on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5876 8th Line?
5876 8th Line is in Essa, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5876 8th Line been on the market?
2 days — 5876 8th Line was listed on November 10, 2026.
What is the price per square foot of 5876 8th Line?
About $560 to $799 per square foot: the asking price of $2,798,000 over the 3,500–5,000 sq ft the listing gives as its size range.
Does 5876 8th Line have parking or a garage?
Yes — the listing gives 20 parking spaces. Garage: Yes.
Does 5876 8th Line have a basement, and is it finished?
The listing describes the basement as: Partial Basement.
