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For Sale

437090 4th Line

Rural Melancthon, Melancthon, ON
$740,000
3+1Bd
2Ba
900+sqft
8Parking
400.19 x 217.91 ftlot
$822/sqft
DetachedMLS# X13068874Listed 2026-05-0144 DOM
Basement
Finished with Walk-Out

On the market for 44 days — longer than average. The seller may be open to negotiation.

About this home

Set on nearly two acres in Melancthon, this 1992-built bungalow offers a relaxed rural lifestyle just minutes from Shelburne. Surrounded by open space, the property is ideal for outdoor living with room to roam, an above-ground pool for summer days, and easy access to nearby ATV and snowmobile trails for year-round recreation. Inside, the home features a functional layout with three bedrooms on the main level and a fourth bedroom in the finished walk-out basement. Two full bathrooms and multiple living spaces provide flexibility for families, guests, or home office needs. The wrap-around porch adds charm and creates the perfect spot to unwind and take in the surroundings. The layout is practical and functional, offering a great foundation to make the space your own. Quiet setting, open land, and a walk-out lower level make this a versatile property with plenty of potential.

Pool

Rooms

Main Floor
Living Room3.25 × 5.68 m
Kitchen2.64 × 4.29 m
Dining Room3.92 × 2.98 m
Bedroom 22.65 × 3.63 m
Bedroom3.47 × 3.63 m
Bedroom 33.89 × 2.36 m
Bathroom2.64 × 1.52 m
Basement
Laundry2.64 × 3.64 m
Bedroom 43.25 × 5.68 m
Bathroom2.37 × 1.68 m
Recreation7.66 × 4.89 m

Features

  • Primary Bedroom - Main Floor
  • Porch
  • Finished with Walk-Out
  • Finished
  • Walk-Out
  • None
  • Bungalow

Financials

Annual Taxes
$3,171.59

Estimated Rental Income

Entire property$3,200 – $4,800/mo
Basement apartment$1,800 – $2,500/mo
Rental yield5.2% – 7.8%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Melancthon

Days on market44 days
Buyer's MarketSeller's Market

Based on active listings in Melancthon. Data updates daily.

Our estimate for this home

Priced 38.5% above estimate
Estimated range
$494K$574K
Mid-point $534K · ~$594/sqft
How this listing compares
$494KList · $740K$574K
Medium confidence·Based on 21 rural melancthon comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. 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. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$740,000
437090 4th Line, Melancthon
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