12488 5 Line

FOR SALE
$1,985,000
12488 5 Line, Halton Hills
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3 + 2
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
5 + 4
ROOMS
W8071426
MLSID
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Property Description
Beautiful Property Zoned Rural Cluster Commercial (RCC). The property was previously zoned commercial. Close To 1 Acre With A Gorgeous 3+2 Bedroom Bungalow With approximately 2500 sq ft of Garage space with 5 Drive In Doors & A Huge Driveway. This Property Is A Gem For Those Who Wants to Live and Work From The Same Property. The House is Set Behind The Garage For Privacy; Walkout From Separate Basement Unit To Backyard; New drilled Well (2021), Roof (2021), Windows (2023). The property Has Bell Fibe High Speed Internet Access. Minutes Drive From Milton, Georgetown, Acton and HWY 401. Close To school, Conservation Area And Hiking Trails.Many Businesses Ca Be Run From This Property- Zoned For-Automotive Repair Shop, Light Manufacturing, Retail, Animal Clinic & Much More.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-02-15 2024-03-14 29 $1,985,000 - Suspended
2023-06-21 2023-08-02 43 $1,499,000 $1,378,000 Sold
Extras
All Existing Appliances, All Window Coverings.
Property Details
Street
Community
Property Type
Detached, Bungalow
Lot Size
122' x 353'
Acreage
.50-1.99
Fronting
West
Taxes
$6,108 (2023)
Basement
Apartment, W/O
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
20
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
KitchenMain10.99' x 23.98'Ceramic Floor, Renovated
LivingMain11.48' x 14.01'Hardwood Floor
Prim BdrmMain10.99' x 14.01'Hardwood Floor
2nd BrMain11.22' x 13.22'Hardwood Floor
3rd BrMain14.24' x 17.78'
KitchenBsmt13.48' x 21.00'Laminate
LivingBsmt12.99' x 16.24'Laminate
BrBsmt11.42' x 13.12'Laminate
BrBsmt10.83' x 11.15'
Halton Hills Market Statistics
Halton Hills Price Trend
12488 5 Line is a 3-bedroom 3-bathroom home listed for sale at $1,985,000, which is $955,403 (92.8%) higher than the average sold price of $1,029,597 in the last 30 days (April 3 - May 2). During the last 30 days the average sold price for a 3 bedroom home in Halton Hills declined by $59,834 (5.5%) compared to the previous 30 day period (March 4 - April 2) and up $7,232 (0.7%) from the same time one year ago.
Inventory Change
There were 63 3-bedroom homes listed in Halton Hills over the last 30 days (April 3 - May 2), which is up 28.6% compared with the previous 30 day period (March 4 - April 2) and up 31.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Halton Hills typically sold ($4,853) (0.5%) below asking price over the last 30 days (April 3 - May 2), which represents a $39,919 increase compared to the previous 30 day period (March 4 - April 2) and ($2,346) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Halton Hills over the last 30 days (April 3 - May 2) stood at 58.7%, up from 44.9% over the previous 30 days (March 4 - April 2) and down from 85.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Halton Hills stood at 13 days when successfully sold over the last 30 days (April 3 - May 2), compared to 41 days before being removed from the market upon being suspended or terminated.
Listing contracted with Fair Deal Realty Inc.
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