Available on mobile

Take Summitly with you.

Browse listings, get instant alerts, and talk to your AI concierge — all from your pocket.

Download on theApp StoreGet it onGoogle Play

Weekly market briefing

The smartest move starts here.

Curated listings, price trends, and neighbourhood insights — delivered Sunday morning.

Summitly

Your trusted partner in real estate. We help you find your perfect home, make informed decisions, and connect with expert professionals across Canada.

Coldwell Banker Summit Realty

Explore

Map SearchAll Ontario CitiesBrowse ListingsBrowse RentalsSold HomesOpen Houses

Sell & Rent

Sell Your HomeHome ValuationList Your Rental — FreeRental PricingRenting on Summitly

Resources

CalculatorsGet Pre-QualifiedNews & InsightsGuidesCompareAI ConciergeFranchise

Company

AboutWhy SummitlyContactFind a RealtorCareers — Join SummitlyFAQs
310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage — RECO Registration #6018570.

Privacy PolicyTerms of UseCookiesSitemap

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.

    Summitly
    Buy
    Sell
    Rent
    Pre-con
    Meet ZaraMy HomeNews & Insights
    905-553-8500
    HomeBuySell
    For sale Listed 5 days ago

    1187 ON-7 Highway

    Mariposa·Kawartha Lakes, ON··

    • 4502 sqft
    • Sale Of Business
    • Built 31-50
    Asking
    $899,900
    $200 / sqft · MLS® X13597584
    Chat Zara
    Kawartha Lakes real estate›X13597584
    Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $697,980
    $642,142Confidence range$753,818
    Asking vs estimate
    ↑↑well-above
    +$201,920
    (+28.9%)
    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 Kawartha Lakes sell in about 39 days — this one has been listed 5 days.

    Avg sold price
    $697,980
    Median sold
    $630,000
    Avg days on market
    39
    Recently sold
    383
    See comparable sales
    • 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

    Dalemar Reclaimed! A unique opportunity to own and revitalize a well-known Kawartha Lakes business with a 45-year history of serving the community. Located on busy Highway 7, this high-exposure commercial property sits on 0.47 acres with dual entrances, excellent visibility, and ample paved parking.Dalemar Sales & Service earned a strong reputation as a trusted destination for lawn and garden equipment sales and service. Following recent financial challenges experienced by the second owner, the business and property are ready for a fresh start. The original founder, who successfully operated the business for many years and held the mortgage, is prepared to assist a new owner in rebuilding the operation and restoring it to its former success. Zoned C2-8, the property permits a variety of commercial uses including lawn and garden equipment sales and service, public garage, arts and crafts, antiques, woodworking, retail nursery and garden supplies, and more. The commercial building features a showroom, office, two service bays, and multiple storage rooms, providing flexibility for a wide range of business ventures. The property also includes two residential units-a 1-bedroom apartment and a spacious 3-bedroom, 1-bath apartment-offering additional income potential or live/work flexibility. An exceptional opportunity for entrepreneurs, owner-operators, or investors seeking a high-visibility location, multiple income streams, and the chance to build on an established 45-year legacy.

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

    AI highlights by Zara
    • Zoned C2-8, the property permits a variety of commercial uses including lawn and garden equipment sales and service, public garage, arts and crafts, antiques, woodworking, retail nursery and garden supplies, and more.
    • The property also includes two residential units-a 1-bedroom apartment and a spacious 3-bedroom, 1-bath apartment-offering additional income potential or live/work flexibility.
    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
    Jul 23, 2026ListedCurrentFor sale$899,900 —X13597584This page
    —Previously listedNewSign inX13032080View
    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

      3
      Heating
      Propane Gas
      Air conditioning
      Partial
      Water source
      Well
    • Parking & garage

      1
      Garage
      Other
    • Interior

      1
      Elevator
      None
    • Lot & land

      2
      Year built
      31-50
      Zoning
      C2-8
    • Listing & possession

      3
      Occupancy
      Flexible
      Property style
      With Property
      Property class
      Sale Of Business
    Location & lifestyle

    Getting around, schools & the block

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

    📍 1187 ON-7 Highway
    What's nearby

    Points of interest classified by the MLS® feed.

    • Major Highway
    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
    $4,421
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $353
    0.47% mill rate · ON
    Combined estimate
    $4,774
    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
    $4,421
    /mo
    based on the purchase price of $899,900
    $179,980 cash
    $719,920 financed
    $606,362 total interest
    Monthly payment$4,421/ month
    Principal54%$719,920
    Interest46%$606,362

    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.

    or send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    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.

    The market

    How this home sits in the Kawartha Lakes market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Kawartha Lakes market right now

    Average sold price, days on market, and closed-transaction count for Kawartha Lakes — sourced from MLS®.

    • Avg sold price
      $697,980
      Last 30 days
    • Median sold price
      $630,000
      Middle of the market
    • Days on market
      39 d
      Avg from list to close
    • Closed last 30d
      383
      MLS® transactions
    Full Kawartha Lakes market report

    More sale of businesss in Kawartha Lakes

    Active listings within ±20% of this asking price.

    • 10 Alexander Avenue
      $798,000
      10 Alexander Avenue
      Sale Of Business
    • 1187 ON-7 Highway
      $899,900
      1187 ON-7 Highway
      Sale Of Business
    • 23 William Street
      $978,000
      23 William Street
      Sale Of Business
    • 4071 County Road
      $799,000
      4071 County Road
      Sale Of Business
    • 17081 Simcoe Street
      $749,000
      17081 Simcoe Street
      Sale Of Business 3
    • 65 Albert Street
      $759,000
      65 Albert Street
      Sale Of Business 3
    Buy with Coldwell Banker Summit Realty

    We'll get you into 1187 ON-7 Highway — 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
    • 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.

    • One team, no handoffs

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

    • Showings on YOUR schedule

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

    • Mortgage that closes

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

    Public listing courtesy of AFFINITY GROUP PINNACLE REALTY LTD. · displayed on Summitly per MLS® data-share rules
    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 1187 ON-7 Highway 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 1187 ON-7 Highway listed for?

      1187 ON-7 Highway is listed at $899,900 on the MLS® (listing X13597584). The price updates on Summitly as soon as the MLS® record changes.

    • How many bedrooms, bathrooms, and square feet does 1187 ON-7 Highway have?

      1187 ON-7 Highway is a 4502 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

    • When was 1187 ON-7 Highway built?

      1187 ON-7 Highway was built in 31-50. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

    • What is the property tax for 1187 ON-7 Highway?

      The 'Property tax' tab in the History section shows the most recent annual tax for 1187 ON-7 Highway plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

    • How much would the monthly mortgage be on 1187 ON-7 Highway?

      The affordability calculator on this page shows an estimated monthly mortgage for $899,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

    • Has 1187 ON-7 Highway been sold before?

      The 'Listing history' tab above lists every previous MLS® listing of 1187 ON-7 Highway with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

    • What neighbourhood is 1187 ON-7 Highway in?

      1187 ON-7 Highway is in Mariposa, Kawartha Lakes. The 'Neighbourhood' section below links to the live Kawartha Lakes real estate hub with average sold price, days on market, and current inventory.

    • Is Kawartha Lakes a good place to live?

      Kawartha Lakes is one of ON's actively-tracked Summitly markets. The full Kawartha Lakes real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

    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.