LT18-31 260 Sdrd is a land in Melancthon, listed for $149,000. It has < 700 sq ft of living space.
17.68-acre vacant lot zoned R1 (Residential).
2Located just outside the Hamlet of Riverview and surrounded by open farmland, this property offers a peaceful rural setting with a mix of open space and natural features.
3Property is regulated by the Grand River Conservation Authority (GRCA).
7.68-acre vacant lot zoned R1 (Residential). Located just outside the Hamlet of Riverview and surrounded by open farmland, this property offers a peaceful rural setting with a mix of open space and natural features. Property is regulated by the Grand River Conservation Authority (GRCA). Buyers are responsible for completing their own due diligence regarding permitted uses, zoning, and building approvals through the municipality, the GRCA, and any other applicable authorities. Conveniently located just 15 minutes from Shelburne and 35 minutes from Orangeville.
works out to roughly $213 per square foot. Chat with Zara if you'd like a deeper read on whether this land fits your budget and timing.
Inside LT18-31 260 Sdrd
Every detail from the listing, in one place.
Type
Land
Living space
< 700 sq ftas stated on the listing
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Vacant Land
LT18-31 260 Sdrd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14104338$149,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How LT18-31 260 Sdrd Compares to the Melancthon Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
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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
$732
/mo
based on the purchase price of $149,000
$29,800 cash
$119,200 financed
$100,398 total interest
Principal54%$119,200
Interest46%$100,398
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.
For homeowners nearby
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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 market94Homes sold in about 94 days on average.
Sale-to-list ratio84.4%On average, homes sold below asking.
Active listings55Homes for sale here right now.
Median vs prior 90 days+13.2%Compared with Apr 25 – Jul 24, 2026: prices up.
Based on 11 sales from Jul 24 – Oct 22, 2026 (10 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About LT18-31 260 Sdrd
How much is LT18-31 260 Sdrd listed for?
LT18-31 260 Sdrd is listed at $149,000 (MLS® X14104338). Summitly updates the price as soon as the MLS® record changes.
Is $149,000 a good price for LT18-31 260 Sdrd?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Melancthon. 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 LT18-31 260 Sdrd changed?
No — LT18-31 260 Sdrd is still listed at its original asking price of $149,000.
How many bedrooms and bathrooms does LT18-31 260 Sdrd have?
LT18-31 260 Sdrd has about 700 square feet of living space. The listing doesn't publish a bedroom or bathroom count. It is a lot in Melancthon.
How much would the monthly mortgage be on LT18-31 260 Sdrd?
About $732 a month — principal and interest on $149,000 with 20% down ($29,800), 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 LT18-31 260 Sdrd compare with other homes in Melancthon?
Its asking price of $149,000 is about 81% below the median sold price in Melancthon over the last 90 days, $795,000, across 11 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 LT18-31 260 Sdrd been sold before?
Summitly has no earlier MLS® sale or lease of LT18-31 260 Sdrd on record from the last two years. Older records aren't shown under TRREB rules.
Where is LT18-31 260 Sdrd?
LT18-31 260 Sdrd is in Melancthon, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has LT18-31 260 Sdrd been on the market?
1 day — LT18-31 260 Sdrd was listed on October 21, 2026.
What is the price per square foot of LT18-31 260 Sdrd?
About $213 per square foot: the asking price of $149,000 over the 700 sq ft the listing gives.
What is the lot size of LT18-31 260 Sdrd?
The lot is 7.495 acres, as published in the listing.
What is the land transfer tax on LT18-31 260 Sdrd?
About $1,215 in Ontario land transfer tax at the asking price of $149,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
