Welcome to your dream waterfront retreat! This fabulous 3-bedroom, 2.5-bathroom bungalow perfectly blends indoor comfort with outdoor adventure. Inside, the bright and spacious layout features a gorgeous living room anchored by a cozy built-in wood fireplace. The large kitchen comes fully equipped with a built-in oven and cooktop, flowing effortlessly into the spacious dining area and a comfortable main-floor family room.The primary bedroom serves as a private oasis, complete with a 4-piece ensuite bath. For ultimate convenience, the main-floor laundry room steps directly out to your attached 2-car garage. Step outside to experience true cottage-country luxury. The 16x13 screened-in porch leads out to a large open deck, offering the perfect setup for summer BBQs. Walk down your laneway of the sprawling 1.95-acre lot to approximately 300 feet of private shoreline. A premium dock ( Approx 2021) awaits your boat, making it easier than ever to explore the water. Hobbyists will also love the bonus detached 1-car garage, which doubles as the perfect workshop. You will appreciate the full unfinished basement waiting for your finishing touches. Bennett Lake is a highly sought-after, scenic body of water in Tay Valley Township. Spanning over 17 miles long, it is famous for its irregular shoreline, quiet islands, and incredible fishing. While you will feel a million miles away from the noise of the city, you are only a short drive from historic downtown Perth, several golf courses, and local shops.Don't miss out on this gem of a property. Let your summer fun begin! Road Association fees 450.00 in 2026 includes winter road maintenance. (Please note: some photos virtually staged, aerial view lines are approximate)
3 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $727 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 178 Burke Lane
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
1100-1500 sq ftas stated on the listing
Parking
6 spacesYes garage
Basement
Full
Features & systems
Parking & garage
Garage
Yes
Parking spaces
6
Interior
Basement
Full
Lot & land
Lot size (sqft)
1.95
Listing & possession
Property style
Bungalow
Property class
Detached
178 Burke Lane Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
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
$3,930
/mo
based on the purchase price of $799,900
$159,980 cash
$639,920 financed
$538,981 total interest
Principal54%$639,920
Interest46%$538,981
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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Similar homes for sale nearby in Tay Valley
Other 2–4 bed homes for sale in Tay Valley around $800K.
Average days on market37Homes sold in about 37 days on average.
Sale-to-list ratio96.6%On average, homes sold below asking.
Active listings105Homes for sale here right now.
Median vs prior 90 days−5.9%Compared with Apr 26 – Jul 25, 2026: prices down.
Based on 53 sales from Jul 25 – Oct 23, 2026 (36 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 178 Burke Lane
How much is 178 Burke Lane listed for?
178 Burke Lane is listed at $799,900 (MLS® X13664714). Summitly updates the price as soon as the MLS® record changes.
Is $799,900 a good price for 178 Burke 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 Tay Valley. 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 178 Burke Lane changed?
Yes — it was first listed at $849,900 and is now $799,900, a drop of $50,000 (5.9%).
How many bedrooms and bathrooms does 178 Burke Lane have?
178 Burke Lane has 3 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a detached home in Tay Valley.
How much would the monthly mortgage be on 178 Burke Lane?
About $3,930 a month — principal and interest on $799,900 with 20% down ($159,980), 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 178 Burke Lane compare with other homes in Tay Valley?
Its asking price of $799,900 is about 28% above the median sold price in Tay Valley over the last 90 days, $625,000, across 53 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 178 Burke Lane been sold before?
Summitly has no earlier MLS® sale or lease of 178 Burke Lane on record from the last two years. Older records aren't shown under TRREB rules.
Where is 178 Burke Lane?
178 Burke Lane is in Tay Valley, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 178 Burke Lane been on the market?
73 days — 178 Burke Lane was listed on August 11, 2026.
What is the price per square foot of 178 Burke Lane?
About $533 to $727 per square foot: the asking price of $799,900 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 178 Burke Lane have parking or a garage?
Yes — the listing gives 6 parking spaces. Garage: Yes.
Does 178 Burke Lane have a basement, and is it finished?
