24 Lee Ave is a 5-bedroom, 2-bathroom detached home in Essa, listed for $500,000. It has 1500-2000 sq ft of living space.
1Reimagine the possibilities at this 5-bedroom bungalow with two self-contained living areas on an expansive 86 x 174 ft corner lot!
2Offering 1,872 sq. ft. above grade, this brick bungalow features two separate living areas, each with its own entrance, kitchen, living room and four-piece bathroom.
3Each side also has its own furnace, hot water tank and electrical panel.
Reimagine the possibilities at this 5-bedroom bungalow with two self-contained living areas on an expansive 86 x 174 ft corner lot! Situated in an established Angus neighbourhood, 24 Lee Avenue occupies a generous property surrounded by mature trees, with a large backyard, frontage along Cecil Street and a convenient location close to grocery stores, local restaurants and the town centre. Offering 1,872 sq. ft. above grade, this brick bungalow features two separate living areas, each with its own entrance, kitchen, living room and four-piece bathroom. One side includes three bedrooms, while the other offers two, creating an interesting opportunity for buyers seeking in-law potential. Each side also has its own furnace, hot water tank and electrical panel. Ready for significant renovations, the home offers buyers the freedom to reconsider the existing layout, update the finishes and create something entirely their own. With its generous lot dimensions, unique configuration and established location, this property presents an opportunity for buyers with the creativity and ambition to bring their vision to life!
5 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $333 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 24 Lee Ave
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
1500-2000 sq ftas stated on the listing
Parking
2 spaces
Basement
Crawl Space
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
Crawl Space
Lot & land
Lot size (sqft)
0.341
Listing & possession
Property style
Bungalow
Property class
Detached
24 Lee Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N14107604$500,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 24 Lee Ave Compares to the Essa Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
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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
$2,456
/mo
based on the purchase price of $500,000
$100,000 cash
$400,000 financed
$336,905 total interest
Principal54%$400,000
Interest46%$336,905
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.
Average days on market40Homes sold in about 40 days on average.
Sale-to-list ratio96.4%On average, homes sold below asking.
Active listings166Homes for sale here right now.
Median vs prior 90 days+3.0%Compared with Apr 25 – Jul 24, 2026: prices up.
Based on 115 sales from Jul 24 – Oct 22, 2026 (98 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 24 Lee Ave
How much is 24 Lee Ave listed for?
24 Lee Ave is listed at $500,000 (MLS® N14107604). Summitly updates the price as soon as the MLS® record changes.
Is $500,000 a good price for 24 Lee Ave?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Essa. 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 24 Lee Ave changed?
No — 24 Lee Ave is still listed at its original asking price of $500,000.
How many bedrooms and bathrooms does 24 Lee Ave have?
24 Lee Ave has 5 bedrooms and 2 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in Essa.
How much would the monthly mortgage be on 24 Lee Ave?
About $2,456 a month — principal and interest on $500,000 with 20% down ($100,000), 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 24 Lee Ave compare with other homes in Essa?
Its asking price of $500,000 is about 32% below the median sold price in Essa over the last 90 days, $735,000, across 115 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 24 Lee Ave been sold before?
Summitly has no earlier MLS® sale or lease of 24 Lee Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 24 Lee Ave?
24 Lee Ave is in Essa, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 24 Lee Ave been on the market?
24 Lee Ave was listed today (October 22, 2026).
What is the price per square foot of 24 Lee Ave?
About $250 to $333 per square foot: the asking price of $500,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 24 Lee Ave have parking or a garage?
Yes — the listing gives 2 parking spaces.
Does 24 Lee Ave have a basement, and is it finished?
The listing describes the basement as: Crawl Space.
