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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.

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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 752 days

    Pt Lt 2 Mulmur Melancthon Line

    Rural Melancthon·Melancthon, ON·L9V 1W5·Near Hwy 89/Mulmur Melancthon Twnln

      0
    • Farm
    Melancthon real estate›X8455740
    • 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

    Excellent opportunity to own property next to commercial & residential development in Shelburne. 80 acres (70 workable). Two large sheds on the property. Property is in Land Title Absolute. Survey is 2023.

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

    AI highlights by Zara
    • Two large sheds on the property.
    • Property is in Land Title Absolute.
    Ask Zara a follow-up
    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
    Apr 2, 2026Previously listedSc$4,199,000 —X12952650View
    Apr 2, 2026Previously listedSc$4,199,000 —X12952662View
    Jan 30, 2025Previously listedTer$4,599,000 —X11946915View
    Jan 30, 2025Previously listedExp$4,599,000 —X11946917View
    Jun 19, 2024Previously listedExp$4,595,000 —X8455762View
    Jun 19, 2024ListedCurrentFor sale$4,595,000 —X8455740This page
    Aug 14, 2023Previously listedExp$6,500,000 —X6741364View
    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

      2
      Water source
      Well
      Sewer
      None
    Location & lifestyle

    Getting around, schools & the block

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

    📍 Pt Lt 2 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
    $22,574
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $93
    0.02% 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
      $1,074,489
      Last 30 days
    • Median sold price
      $900,000
      Middle of the market
    • Days on market
      99 d
      Avg from list to close
    • Closed last 30d
      9
      MLS® transactions
    Full Melancthon market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Pt Lt 2 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 Pt Lt 2 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 Pt Lt 2 Mulmur Melancthon Line listed for?

      Pt Lt 2 Mulmur Melancthon Line is listed at $4,595,000 on the MLS® (listing X8455740). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Pt Lt 2 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.

    Asking
    $4,595,000
    MLS® X8455740
    Chat Zara
    Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,074,489
    $988,530Confidence range$1,160,448
    Asking vs estimate
    ↑↑well-above
    +$3,520,511
    (+327.6%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price (limited data on this listing).

    Market analytics

    Homes like this in Melancthon sell in about 99 days — this one has been listed 752 days.

    Avg sold price
    $1,074,489
    Median sold
    $900,000
    Avg days on market
    99
    Recently sold
    9
    See comparable sales

    Lot & land

    2
    Lot dimensions
    80.00 x 0.00 Acres
    Zoning
    Agricultural
  1. Listing & possession

    3
    Occupancy
    TBA
    Property style
    Agricultural
    Property class
    Farm
  2. Combined estimate
    $22,667
    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
    $22,574
    /mo
    based on the purchase price of $4,595,000
    $919,000 cash
    $3,676,000 financed
    $3,096,157 total interest
    Monthly payment$22,574/ month
    Principal54%$3,676,000
    Interest46%$3,096,157

    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 farms that just sold in Melancthon

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

    • 57226 8th Line
      Sold
      Sign in for price
      57226 8th Line
      Farm
    • 239050 Dufferin Country Road
      Sold
      Sign in for price
      239050 Dufferin Country Road
      Farm
    AddressBd / BaSqftSold$/sqft% of askSold
    Pt Lt 2 Mulmur Melancthon LineThis home0 / 0—$4,595,000ask———
    57226 8th Line3 / 21,500—
    239050 Dufferin Country Road3 / 1——
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More farms in Melancthon

    Active listings within ±20% of this asking price.

    • Pt Lt 2 Mulmur Melancthon Line
      $4,199,000
      Pt Lt 2 Mulmur Melancthon Line
      Farm
    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.

  3. One team, no handoffs

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

  4. Showings on YOUR schedule

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

  5. Mortgage that closes

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

  6. Public listing courtesy of COLDWELL BANKER RONAN REALTY · displayed on Summitly per MLS® data-share rules

    Pt Lt 2 Mulmur Melancthon Line is a farm at Melancthon, ON. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  7. When was Pt Lt 2 Mulmur Melancthon Line built?

    The year built for Pt Lt 2 Mulmur Melancthon Line isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  8. What is the property tax for Pt Lt 2 Mulmur Melancthon Line?

    The 'Property tax' tab in the History section shows the most recent annual tax for Pt Lt 2 Mulmur Melancthon Line plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  9. How much would the monthly mortgage be on Pt Lt 2 Mulmur Melancthon Line?

    The affordability calculator on this page shows an estimated monthly mortgage for $4,595,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  10. Has Pt Lt 2 Mulmur Melancthon Line been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Pt Lt 2 Mulmur Melancthon Line with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  11. What neighbourhood is Pt Lt 2 Mulmur Melancthon Line in?

    Pt Lt 2 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.

  12. 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.