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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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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 On market 7 days

    1562 Morganston Road

    Rural Cramahe·Cramahe, ON·K0K 1M0·Near County Rd 25/Morganston Rd

    • 6 beds
    Cramahe real estate›X13451868
    • 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

    Nestled in the heart of Northumberland County, 1562 Morganston Rd sits in the quiet township of Cramahe - surrounded by rolling hills, open farmland, and mature trees. You're minutes from the charming hamlet of Castleton, home to one of Canada's longest-running general stores, and a short drive to Warkworth, a designated arts community known for its local shops, cafes, galleries, and healthcare. Cobourg - with its full range of amenities, waterfront, shopping, and dining - is just 20 minutes away. Quick access to Highway 401 keeps Toronto within reach without giving up the peace of rural Ontario. The property sits on just under an acre framed by mature willows, maples, and pines and a white picket fence. Multiple patios with outdoor lighting make it a natural space for entertaining, with plenty of open room for kids to enjoy the outdoors. Outbuildings and sheds round out the lot with added storage and functionality. This large home has the space and layout to support multigenerational living, two families under one roof, or a self-contained in-law suite. The size gives you real options - however your situation evolves, this home can adapt. The main floor offers generous living space, a huge eat-in kitchen, a family room, a games room, and 3 bedrooms including 2.5 baths. The screened porch extends your usable space well into the warmer months. The south wing's second floor adds 3 more bedrooms. The basement has the room and ceiling height to be partially finished or used for serious storage. The home is equipped with geothermal heating and an oversized septic system. Ideal for large families or contractors who need space for their equipment.

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

    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
    Jun 16, 2026ListedCurrentFor sale$649,000 —X13451868This page
    Sep 18, 2025Previously listedTer$499,000 —X12411204View
    Aug 20, 2025Previously listedTer$629,000 —X12354355View
    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
      Forced Air
      Air conditioning
      Other
      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.

    📍 1562 Morganston Road
    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
    $3,188
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $356
    0.66% mill rate · ON
    The market

    How this home sits in the Cramahe market

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

    The Cramahe market right now

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

    • Avg sold price
      $611,092
      Last 30 days
    • Median sold price
      $624,250
      Middle of the market
    • Days on market
      87 d
      Avg from list to close
    • Closed last 30d
      30
      MLS® transactions
    Full Cramahe market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 1562 Morganston Road — 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 1562 Morganston Road 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 1562 Morganston Road listed for?

      1562 Morganston Road is listed at $649,000 on the MLS® (listing X13451868). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 1562 Morganston Road 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. 3 baths
  2. 2500-3000 sqft
  3. Detached
  4. Built 100+
  5. < .50 ac lot
  6. Asking
    $649,000
    $0 / sqft · MLS® X13451868
    Chat Zara
  7. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $941,082
    $865,795Confidence range$1,016,368
    Asking vs estimate
    ↓below
    −$292,082
    (-31.0%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 6 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Cramahe sell in about 87 days — this one has been listed 7 days.

    Avg sold price
    $611,092
    Median sold
    $624,250
    Avg days on market
    87
    Recently sold
    30
    See comparable sales
    AI highlights by Zara
    • Multiple patios with outdoor lighting make it a natural space for entertaining, with plenty of open room for kids to enjoy the outdoors.
    • Outbuildings and sheds round out the lot with added storage and functionality.
    • The main floor offers generous living space, a huge eat-in kitchen, a family room, a games room, and 3 bedrooms including 2.5 baths.
    • The screened porch extends your usable space well into the warmer months.
    Ask Zara a follow-up
    Septic
  8. Parking & garage

    4
    Garage
    Attached
    Garage spaces
    1
    Parking spaces
    7
    Driveway
    Private
  9. Interior

    6
    Basement
    Full, Unfinished
    Family room
    Y
    Kitchens
    1
    Total rooms
    18
    Laundry level
    Main Level
    Elevator
    N
  10. Exterior & construction

    4
    Exterior
    Vinyl Siding
    Roof
    Asphalt Shingle, Metal
    Foundation
    Concrete, Stone
    Pool
    None
  11. Lot & land

    2
    Year built
    100+
    Zoning
    Agricultural
  12. Listing & possession

    3
    Occupancy
    TBA
    Property style
    2-Storey
    Property class
    Detached
  13. Room-by-room · 18 rooms

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

    Room dimensions

    Main level

    14 rooms
    • Bathroom
      3 Pc Bath
      11.8 × 10.1 ft
    • Other
      7.5 × 7.3 ft
    • Foyer
      5.5 × 5.1 ft
    • Kitchen
      15.2 × 11.8 ft
    • Office
      8.2 × 7.2 ft
    • Dining Room
      15.3 × 12.3 ft
    • Bedroom 3
      12.3 × 10.1 ft
    • Bathroom
      2 Pc Bath
      4.2 × 3.5 ft
    • Bedroom 2
      15.3 × 7.2 ft
    • Family Room
      21.1 × 11.8 ft
    • Bathroom
      4 Pc Bath
      7.2 × 6.3 ft
    • Living Room
      21.1 × 20.2 ft
    • Primary Bedroom
      11.3 × 10.1 ft
    • Laundry
      10.1 × 6.5 ft

    Second level

    4 rooms
    • Bedroom
      11.9 × 11.6 ft
    • Bedroom 5
      13.8 × 11.9 ft
    • Sitting
      15.4 × 12.1 ft
    • Bedroom 4
      12.1 × 11.1 ft
    Combined estimate
    $3,544
    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
    $3,188
    /mo
    based on the purchase price of $649,000
    $129,800 cash
    $519,200 financed
    $437,303 total interest
    Monthly payment$3,188/ month
    Principal54%$519,200
    Interest46%$437,303

    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.

    Create account & email meor send as guest
    Get pre-approved in minutes

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

    Get pre-approved

    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.

    Comparable detacheds that just sold in Cramahe

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

    • 14239 Telephone Road
      Sold
      Sign in for price
      14239 Telephone Road
      Detached
    • 30 Church Street
      Sold
      Sign in for price
      30 Church Street
      Detached
    • 45 Percy Street
      Sold
      Sign in for price
      45 Percy Street
      Detached
    • 16 Durham Street
      Sold
      Sign in for price
      16 Durham Street
      Detached
    • 2182 Spring Street
      Sold
      Sign in for price
      2182 Spring Street
      Detached
    • 3 North Street
      Sold
      Sign in for price
      3 North Street
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    1562 Morganston RoadThis home6 / 325,003,000$649,000ask———
    14239 Telephone Road6 / 21,500—
    30 Church Street5 / 2700—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Cramahe

    Active listings within ±20% of this asking price.

    • 54 Toronto Street
      $739,900
      54 Toronto Street
      Detached 5 2
    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.

  14. One team, no handoffs

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

  15. Showings on YOUR schedule

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

  16. Mortgage that closes

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

  17. Public listing courtesy of RE/MAX Rouge River Realty Ltd. · displayed on Summitly per MLS® data-share rules

    1562 Morganston Road is a 6-bedroom, 3-bath, 2500-3000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  18. When was 1562 Morganston Road built?

    1562 Morganston Road was built in 100+. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  19. What is the property tax for 1562 Morganston Road?

    The 'Property tax' tab in the History section shows the most recent annual tax for 1562 Morganston Road plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  20. How much would the monthly mortgage be on 1562 Morganston Road?

    The affordability calculator on this page shows an estimated monthly mortgage for $649,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  21. Has 1562 Morganston Road been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 1562 Morganston Road with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  22. What neighbourhood is 1562 Morganston Road in?

    1562 Morganston Road is in Rural Cramahe, Cramahe. The 'Neighbourhood' section below links to the live Cramahe real estate hub with average sold price, days on market, and current inventory.

  23. Is Cramahe a good place to live?

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

  24. 45 Percy Street
    5 / 2
    2,000
    —
    16 Durham Street5 / 21,100—
    2182 Spring Street6 / 21,500—
    3 North Street5 / 53,500—