6863 Fifth Line, New Tecumseth, Ontario, L0G1W0




$15,800,000
New Tecumseth
This farm in New Tecumseth is for sale offering roughly 350 sq ft of space.
Exceptional Power of Sale opportunity to acquire a (6863a 10.16 and 6863 89.46) combined 99.62 acres of contiguous, largely vacant land with frontage on the south side of 5th Line, steps from Tottenham. Ideally situated between the edge of the Tottenham urban boundary and Woodington Lake, these parcels offer prime exposure and growth positioning in one of Simcoe Countys fastest-growing communities. Immediate proximity to the western border of Tottenham places the site just 600 metres from urban amenities, Coventry Park, and Woodington Lake Golf Club. Rapid regional highway access enhances connectivity for future development and investment appeal. Official Plan designations include Rural, Environmental Protection, Oak Ridges Moraine Countryside and Natural Linkage Areas. Zoning supports agricultural, residential, conservation, limited commercial/industrial, and institutional use, with agri-tourism potential. Municipal water and sewer services are nearby; the majority of the land is unimproved except for one single-family residence. A unique offering as as is, where is, under Power of Sale, presenting exceptional land banking and future development prospects in a robust growth corridor. (id:66096)
Long Listed: 106 days on market, against an average age of 63 days across the listings currently for sale in this city
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Approximate location — exact address confirmed upon showing
This home lists at $15,800,000, about 133.9× the local median household income of $118,000.
Carrying it typically needs a household income of about $3,086,293 (20% down, 25-yr amortization, stress-tested) — roughly 2516% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0G)
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