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 4 days ago

    1343 Terrace Ridge Drive

    ·Carp, ON··

    • 3 beds
    • 5 baths
    • 2500-3000 sqft
    • Detached
    Asking
    $1,985,000
    $0 / sqft · MLS® X13604342
    Chat Zara
    Carp real estate›X13604342
    Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $849,476
    $781,518Confidence range$917,434
    Asking vs estimate
    ↑↑well-above
    +$1,135,524
    (+133.7%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 3 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Carp sell in about 38 days — this one has been listed 4 days.

    Avg sold price
    $849,476
    Median sold
    $775,000
    Avg days on market
    38
    Recently sold
    37
    See comparable sales
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    1 upcoming open house

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Sun, Jul 26
      2026-07-26T18:00:00.000-00:00 – 2026-07-26T20:00:00.000-00:00
      Public
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    Overview

    What this listing tells us

    Property description

    Extraordinary custom-built Craftsman bungalow offering 2,924 sq. ft. AG (MPAC) plus fin LL on nearly 2 acres of professionally landscaped, completely private land. Designed for unforgettable entertaining & everyday luxury, this spectacular property showcases a resort-inspired backyard oasis featuring a saltwater pool, hot tub, elegant covered outdoor pavilion w/ stone gas fireplace & TV, Built-in speakers throughout the backyard & house, extensive interlock & breathtaking landscape lighting that creates a magical evening ambiance. Finished extra-deep triple garage offers epoxy floors, premium cabinetry, dedicated clean-space workshop, 2-pce powder rm, 2 EV charging outlets, inside entry & direct staircase to the LL. Every detail reflects exceptional craftsmanship, quality finishes & thoughtful design. Inside, soaring 21-ft ceilings, dramatic dbl-stacked windows, custom millwork & reclaimed wide-plank 'Logs End' birch hardwood flooring define the open-concept design. Great rm is anchored by a floor-to-ceiling stone gas fireplace. Chef-inspired kitchen showcases an oversized 2-tier granite island, marble backsplash, custom raised-panel cabinetry, pot filler, wine fridge & oversized walk-in pantry. Breakfast area opens to the covered patio for seamless indoor/outdoor living. Children's wing offers 2 bdrms w/ built-in desks & arched windows, home office & elegant bath w/ granite counters, glass shower & sep water closet. Private primary retreat features dbl glass doors, patio access & dbl-sided gas fireplace shared w/ spa-inspired ensuite offering radiant heated floors, soaker tub, oversized glass shower, dbl vanity & expansive walk-in closet. Radiant heated finished LL offers spacious rec rm, oversized windows, additional bdrm, full bath, exceptional storage & direct garage access. Enjoy peaceful country living just 9 mins to Tanger Outlets & 11 mins to Kanata's High Tech Park, with easy access to Hwy 417, top-rated schools, golf, shopping & dining. 24-hr irrevocable on all offers.

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

    AI highlights by Zara
    • Finished extra-deep triple garage offers epoxy floors, premium cabinetry, dedicated clean-space workshop, 2-pce powder rm, 2 EV charging outlets, inside entry & direct staircase to the LL.
    • Inside, soaring 21-ft ceilings, dramatic dbl-stacked windows, custom millwork & reclaimed wide-plank 'Logs End' birch hardwood flooring define the open-concept design.
    • Chef-inspired kitchen showcases an oversized 2-tier granite island, marble backsplash, custom raised-panel cabinetry, pot filler, wine fridge & oversized walk-in pantry.
    • Radiant heated finished LL offers spacious rec rm, oversized windows, additional bdrm, full bath, exceptional storage & direct garage access.
    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 24, 2026ListedCurrentFor sale$1,985,000 —X13604342This 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

      5
      Heating
      Forced Air
      Air conditioning
      Central Air
      Fireplaces
      2
      Water source
      Well
      Sewer
      Septic
    • Parking & garage

      4
      Garage
      Attached
      Garage spaces
      3
      Parking spaces
      13
      Driveway
      10
    • Interior

      5
      Basement
      Partially Finished
      Family room
      N
      Kitchens
      1
      Total rooms
      7
      Laundry level
      Main Level
    • Exterior & construction

      4
      Exterior
      Stone, Stucco (Plaster)
      Roof
      Asphalt Shingle
      Foundation
      Concrete
      Pool
      Inground, Salt
    • Listing & possession

      3
      Occupancy
      To be arranged
      Property style
      Bungalow
      Property class
      Detached

    Room-by-room · 14 rooms

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

    Room dimensions

    Main level

    10 rooms
    • Kitchen
      15.5 × 15.9 ft
    • Office
      11.5 × 9.4 ft
    • Foyer
      13.1 × 7.2 ft
    • Bedroom
      12.7 × 13.4 ft
    • Breakfast
      13.5 × 14.2 ft
    • Living Room
      18.1 × 23.1 ft
    • Dining Room
      15.4 × 13.5 ft
    • Bedroom
      13.0 × 13.4 ft
    • Primary Bedroom
      15.7 × 18.7 ft
    • Laundry
      15.8 × 9.5 ft

    Lower level

    4 rooms
    • Recreation
      34.0 × 32.0 ft
    • Utility Room
      20.4 × 19.9 ft
    • Cold Room/Cantina
      13.5 × 8.3 ft
    • Bedroom
      13.0 × 13.4 ft
    Location & lifestyle

    Getting around, schools & the block

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

    📍 1343 Terrace Ridge Drive
    What's nearby

    Points of interest classified by the MLS® feed.

    • Wooded/Treed
    • Golf
    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
    $9,752
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $689
    0.42% mill rate · ON
    Combined estimate
    $10,441
    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
    $9,752
    /mo
    based on the purchase price of $1,985,000
    $397,000 cash
    $1,588,000 financed
    $1,337,513 total interest
    Monthly payment$9,752/ month
    Principal54%$1,588,000
    Interest46%$1,337,513

    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 Carp market

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

    The Carp market right now

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

    • Avg sold price
      $849,476
      Last 30 days
    • Median sold price
      $775,000
      Middle of the market
    • Days on market
      38 d
      Avg from list to close
    • Closed last 30d
      37
      MLS® transactions
    Full Carp market report

    Comparable detacheds that just sold in Carp

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

    • 103 Topol Lane
      Sold
      Sign in for price
      103 Topol Lane
      Detached
    • 2234 Upper Dwyer Hill Road
      Sold
      Sign in for price
      2234 Upper Dwyer Hill Road
      Detached
    • 118 Rushing Brook Drive
      Sold
      Sign in for price
      118 Rushing Brook Drive
      Detached
    • 135 Manion Road
      Sold
      Sign in for price
      135 Manion Road
      Detached
    • 108 Margaret Anne Drive
      Sold
      Sign in for price
      108 Margaret Anne Drive
      Detached
    • 3864 CARP Road
      Sold
      Sign in for price
      3864 CARP Road
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    1343 Terrace Ridge DriveThis home3 / 525,003,000$1,985,000ask———
    103 Topol Lane4 / 42,000—
    2234 Upper Dwyer Hill Road4 / 3700—
    118 Rushing Brook Drive3 / 31,500—
    135 Manion Road3 / 31,500—
    108 Margaret Anne Drive4 / 42,500—
    3864 CARP Road3 / 21,500—
    Sold prices are hidden under TRREB rules. to reveal them.

    More detacheds in Carp

    Active listings within ±20% of this asking price.

    • 229 Cedar Pond Road
      $2,195,000
      229 Cedar Pond Road
      Detached 4 5
    • 562 Pennycross Lane
      $1,599,900
      562 Pennycross Lane
      Detached 5 4
    • 160 Country Meadow Drive
      $1,588,800
      160 Country Meadow Drive
      Detached 4 5
    • 140 Lady Lochead Lane
      $2,290,000
      140 Lady Lochead Lane
      Detached 3 5
    • 121 Covered Bridge Way
      $1,699,900
      121 Covered Bridge Way
      Detached 3 6
    • 328 Silent Wood Grove
      $2,198,000
      328 Silent Wood Grove
      Detached 5 4
    Buy with Coldwell Banker Summit Realty

    We'll get you into 1343 Terrace Ridge Drive — 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 ROYAL LEPAGE TEAM REALTY · 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 1343 Terrace Ridge Drive 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 1343 Terrace Ridge Drive listed for?

      1343 Terrace Ridge Drive is listed at $1,985,000 on the MLS® (listing X13604342). The price updates on Summitly as soon as the MLS® record changes.

    • How many bedrooms, bathrooms, and square feet does 1343 Terrace Ridge Drive have?

      1343 Terrace Ridge Drive is a 3-bedroom, 5-bath, 2500-3000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

    • When was 1343 Terrace Ridge Drive built?

      The year built for 1343 Terrace Ridge Drive isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

    • What is the property tax for 1343 Terrace Ridge Drive?

      The 'Property tax' tab in the History section shows the most recent annual tax for 1343 Terrace Ridge Drive plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

    • How much would the monthly mortgage be on 1343 Terrace Ridge Drive?

      The affordability calculator on this page shows an estimated monthly mortgage for $1,985,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

    • Has 1343 Terrace Ridge Drive been sold before?

      The 'Listing history' tab above lists every previous MLS® listing of 1343 Terrace Ridge Drive with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

    • What neighbourhood is 1343 Terrace Ridge Drive in?

      1343 Terrace Ridge Drive is in Huntley Ward (South East), Carp. The 'Neighbourhood' section below links to the live Carp real estate hub with average sold price, days on market, and current inventory.

    • Is Carp a good place to live?

      Carp is one of ON's actively-tracked Summitly markets. The full Carp 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.