Discover this stunning bungalow nestled on a quiet cul-de-sac on a dead-end country road, set on a breathtaking 1.2-acre lot with serene views and the peaceful sound of Sheldon Creek running behind the property.The main floor offers a spacious living room, formal dining room, and an updated kitchen featuring granite countertops and a walk-in pantry. Enjoy meals in the bright eat-in area, or step outside to the large 2022-built deck-perfect for relaxing and entertaining.The home features 3 generously sized bedrooms, with the primary suite boasting a private 3-piece ensuite. Luxury vinyl flooring runs throughout the main level for a modern, low-maintenance finish.The lower level is ideal for both relaxing and entertaining, with a large recreation room, a walk-out to the patio and hot tub area (hot tub included as is), plus abundant storage. There's also a roughed-in sauna ready for your personal touch. BRAND NEW SEPTIC SYSTEM recently installed. Landscape lighting in back yard. Recent Updates & Features:Roof (2019)Windows (2010)Furnace & A/C (2015)Water Softener (2019)Ultra Violet System (2015)Hot Water Tank (Owned)Gas Stove & BBQ Line (2020)New Well Pump (2021)New Septic System (2026) Whether you're looking to raise a family, downsize, or enjoy a peaceful retirement, this property offers the perfect blend of country charm and modern comfort.
3 bedrooms, 3 bathrooms, about 1,100 sq ft, works out to roughly $1,000 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 16 Cedar Lane
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
1100-1500 sq ftas stated on the listing
Parking
12 spacesYes garage
Basement
Finished with Walk-Out
Features & systems
Parking & garage
Garage
Yes
Parking spaces
12
Interior
Basement
Finished with Walk-Out
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
16 Cedar Lane Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14117602$1,099,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 16 Cedar Lane Compares to the Mono Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$5,403
/mo
based on the purchase price of $1,099,900
$219,980 cash
$879,920 financed
$741,124 total interest
Principal54%$879,920
Interest46%$741,124
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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.
Similar homes for sale nearby in Mono
Other 3–4 bed homes for sale in Mono around $1.1M.
Average days on market46Homes sold in about 46 days on average.
Sale-to-list ratio2147152.7%On average, homes sold at or above asking.
Active listings117Homes for sale here right now.
Median vs prior 90 days−9.6%Compared with Apr 29 – Jul 28, 2026: prices down.
Based on 34 sales from Jul 28 – Oct 26, 2026 (22 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 16 Cedar Lane
How much is 16 Cedar Lane listed for?
16 Cedar Lane is listed at $1,099,900 (MLS® X14117602). Summitly updates the price as soon as the MLS® record changes.
Is $1,099,900 a good price for 16 Cedar Lane?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Mono. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 16 Cedar Lane changed?
No — 16 Cedar Lane is still listed at its original asking price of $1,099,900.
How many bedrooms and bathrooms does 16 Cedar Lane have?
16 Cedar Lane has 3 bedrooms and 3 bathrooms, with about 1,100–1,500 square feet of living space. It is a detached home in Mono.
How much would the monthly mortgage be on 16 Cedar Lane?
About $5,403 a month — principal and interest on $1,099,900 with 20% down ($219,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 16 Cedar Lane compare with other homes in Mono?
Its asking price of $1,099,900 is about 8% below the median sold price in Mono over the last 90 days, $1,200,000, across 34 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 16 Cedar Lane been sold before?
Summitly has no earlier MLS® sale or lease of 16 Cedar Lane on record from the last two years. Older records aren't shown under TRREB rules.
Where is 16 Cedar Lane?
16 Cedar Lane is in Mono, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 16 Cedar Lane been on the market?
16 Cedar Lane was listed today (October 26, 2026).
What is the price per square foot of 16 Cedar Lane?
About $733 to $1,000 per square foot: the asking price of $1,099,900 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 16 Cedar Lane have parking or a garage?
Yes — the listing gives 12 parking spaces. Garage: Yes.
Does 16 Cedar Lane have a basement, and is it finished?
The listing describes the basement as: Finished with Walk-Out.