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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.

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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.

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    For sale Listed 3 days ago

    1198 2nd Avenue S

    ·Native Leased Lands, ON··

    • 2 beds
    Native Leased Lands real estate›X13605588
    • 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

    WOW.... where do we begin? This three year old custom built,lease land Cottage is in AAA condition and truly move in ready. Located just a few steps from a beautiful sand beach, this turn key property offers the perfect blend of comfort, quality, comfort, and low maintenance Cottage living. The Cottage features 2 generous size bedrooms, a drilled well, New septic, heat pump with AC and heat, central VAC,, composite decking, concrete foundation, outdoor shower, premium, MAIBEC siding, insulated, new stainless steel appliances,(induction oven) stackable washer dryer and new ENDY beds. An air conditioned studio/bunk provides excellent additional space for guest, hobby, or home office. The smaller, easy to maintain a lot allows you to spend more time, enjoying the beach and surrounding area. Bikes and water toys are included, making it easy to start enjoying your new cottage from day one. Fully furnished and turn key.Annual lease fee is $6125 yearly and service fee is $1300 yearly. This exceptional property is available now for private viewing. Call today!

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

    AI highlights by Zara
    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$399,000 —X13605588This page
    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

      4
      Heating
      Heat Pump
      Air conditioning
      Wall Unit(s)
      Water source
      Well
      Sewer
    Location & lifestyle

    Getting around, schools & the block

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

    📍 1198 2nd Avenue S
    What's nearby

    Points of interest classified by the MLS® feed.

    • Beach
    • Lake Access
    • Rec./Commun.Centre
    • Place Of Worship
    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
    $1,960
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $219
    0.66% mill rate · ON
    The market

    How this home sits in the Native Leased Lands market

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

    The Native Leased Lands market right now

    Average sold price, days on market, and closed-transaction count for Native Leased Lands — sourced from MLS®.

    • Avg sold price
      $247,070
      Last 30 days
    • Median sold price
      $247,500
      Middle of the market
    • Days on market
      33 d
      Avg from list to close
    • Closed last 30d
      20
      MLS® transactions
    Full Native Leased Lands market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 1198 2nd Avenue S — 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
    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 1198 2nd Avenue S 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 1198 2nd Avenue S listed for?

      1198 2nd Avenue S is listed at $399,000 on the MLS® (listing X13605588). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 1198 2nd Avenue S have?

    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.

  1. 1 bath
  2. 700-1100 sqft
  3. Detached
  4. Asking
    $399,000
    $0 / sqft · MLS® X13605588
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $180,361
    $165,932Confidence range$194,790
    Asking vs estimate
    ↑↑well-above
    +$218,639
    (+121.2%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 2 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Native Leased Lands sell in about 33 days — this one has been listed 3 days.

    Avg sold price
    $247,070
    Median sold
    $247,500
    Avg days on market
    33
    Recently sold
    20
    See comparable sales
    This three year old custom built,lease land Cottage is in AAA condition and truly move in ready.
  6. An air conditioned studio/bunk provides excellent additional space for guest, hobby, or home office.
  7. The smaller, easy to maintain a lot allows you to spend more time, enjoying the beach and surrounding area.
  8. This exceptional property is available now for private viewing.
  9. Ask Zara a follow-up
    Holding Tank
  10. Parking & garage

    3
    Garage
    None
    Parking spaces
    4
    Driveway
    Front Yard Parking
  11. Interior

    6
    Basement
    None
    Family room
    N
    Kitchens
    1
    Total rooms
    4
    Laundry level
    Main Level
    Elevator
    N
  12. Exterior & construction

    5
    Exterior
    Other, Metal/Steel Siding
    Roof
    Metal
    Foundation
    Poured Concrete
    View
    Trees/Woods
    Pool
    None
  13. Lot & land

    1
    Zoning
    Seasonal Recreational
  14. Listing & possession

    3
    Possession
    2026-08-05T00:00:00.000-00:00
    Property style
    Bungalow
    Property class
    Detached
  15. Room-by-room · 5 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    5 rooms
    • Bedroom 2
      Carpet Free
      11.4 × 10.0 ft
    • Bedroom
      walk-in closet(s) · carpet free
      11.4 × 11.0 ft
    • Bathroom
      5.0 × 11.0 ft
    • Living Room
      carpet free · central vacuum
      13.0 × 13.0 ft
    • Kitchen
      12.0 × 13.0 ft
    Combined estimate
    $2,179
    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
    $1,960
    /mo
    based on the purchase price of $399,000
    $79,800 cash
    $319,200 financed
    $268,850 total interest
    Monthly payment$1,960/ month
    Principal54%$319,200
    Interest46%$268,850

    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.

    Comparable detacheds that just sold in Native Leased Lands

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 1520 2nd Avenue
      Sold
      Sign in for price
      1520 2nd Avenue
      Detached
    • 925 Bruce Road 13
      Sold
      Sign in for price
      925 Bruce Road 13
      Detached
    • 102 Thompson Avenue
      Sold
      Sign in for price
      102 Thompson Avenue
      Detached
    • 47 5TH Avenue
      Sold
      Sign in for price
      47 5TH Avenue
      Detached
    • 228 OGIMAH Road
      Sold
      Sign in for price
      228 OGIMAH Road
      Detached
    • 251 Bruce 13 Road
      Sold
      Sign in for price
      251 Bruce 13 Road
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    1198 2nd Avenue SThis home2 / 17,001,100$399,000ask———
    1520 2nd Avenue3 / 1700—
    925 Bruce Road 133 / 1700—
    Sold prices are hidden under TRREB rules. to reveal them.

    More detacheds in Native Leased Lands

    Active listings within ±20% of this asking price.

    • 509 Bruce Road 13
      $319,900
      509 Bruce Road 13
      Detached 2 1
    • 531 Bruce ROAD 13 Road
      $325,000
      531 Bruce ROAD 13 Road
      Detached 2 1
    • 757 Bruce Road 13
      $347,500
      757 Bruce Road 13
      Detached 4 1
    • 459 Bruce Road 13
      $355,000
      459 Bruce Road 13
      Detached 3 1
    • 105 5TH Avenue
      $399,000
      105 5TH Avenue
      Detached 3 1
    • 7 3RD Avenue
      $334,500
      7 3RD Avenue
      Detached 7 3
    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.

  16. One team, no handoffs

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

  17. Showings on YOUR schedule

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

  18. Mortgage that closes

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

  19. Public listing courtesy of Wilfred McIntee & Co Limited · displayed on Summitly per MLS® data-share rules

    1198 2nd Avenue S is a 2-bedroom, 1-bath, 700-1100 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  20. When was 1198 2nd Avenue S built?

    The year built for 1198 2nd Avenue S isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  21. What is the property tax for 1198 2nd Avenue S?

    The 'Property tax' tab in the History section shows the most recent annual tax for 1198 2nd Avenue S plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  22. How much would the monthly mortgage be on 1198 2nd Avenue S?

    The affordability calculator on this page shows an estimated monthly mortgage for $399,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  23. Has 1198 2nd Avenue S been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 1198 2nd Avenue S with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  24. What neighbourhood is 1198 2nd Avenue S in?

    1198 2nd Avenue S is in Native Leased Lands, Native Leased Lands. The 'Neighbourhood' section below links to the live Native Leased Lands real estate hub with average sold price, days on market, and current inventory.

  25. Is Native Leased Lands a good place to live?

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

  26. 102 Thompson Avenue
    2 / 1
    700
    —
    47 5TH Avenue3 / 1700—
    228 OGIMAH Road2 / 1700—
    251 Bruce 13 Road3 / 1700—