DetachedOn market 53 days

26 Wallace Island, Leeds and the Thousand Islands

Name: 26 Wallace Island
SKU: X13787066
Price: 1499000 CAD
Availability: InStock

Leeds and the Thousand Islands, ON · · MLS® X13787066Updated September 15, 2026

$1,499,000Est. $7,364/mo mortgage

Bedrooms: 5
Bathrooms: 3
Living space: 2000–2500sq ft

Type Detached
Lot 7.495 acres
Basement None

What you should know

26 Wallace Island is a 5-bedroom, 3-bathroom detached home in Leeds and the Thousand Islands, listed for $1,499,000. It has 2000-2500 sq ft of living space.

Surrounded by the beauty of the St.
Inside, you'll find a warm and inviting open concept cottage featuring beautiful wood finishes, vaulted ceilings, exposed beams, large windows and plenty of natural light.
The open living spaces are perfect for relaxing with family and hosting friends, while the spacious decks offer the ideal spot for morning coffee, outdoor dining, or taking in the peaceful waterfront views.

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5 Bed, 3 Bath Detached Home in Leeds and the Thousand Islands

About 26 Wallace Island

Welcome to 26 Wallace Island, a charming five acre waterfront retreat nestled in the woods over looking the channel between Ash Island and Wallace Island. Surrounded by the beauty of the St. Lawrence River, this is island living at its best. With an 85 foot floating dock w/ bridge connecting to stationary dock you have plenty of room for your boats, jet ski's and toys. Inside, you'll find a warm and inviting open concept cottage featuring beautiful wood finishes, vaulted ceilings, exposed beams, large windows and plenty of natural light. The open living spaces are perfect for relaxing with family and hosting friends, while the spacious decks offer the ideal spot for morning coffee, outdoor dining, or taking in the peaceful waterfront views. Spend your days swimming, boating, fishing, exploring the islands, or simply enjoying the quiet. Located in the scenic Leeds and the Thousand Islands area, minutes from the Ivy Lea Club, Pecks marina and in the heart of water adventure, 26 Wallace Island offers a rare opportunity to escape the everyday and create memories that will last for years to come. Book your viewing of this island getaway before it's gone!

5 bedrooms, 3 bathrooms, about 2,000 sq ft, works out to roughly $750 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 26 Wallace Island

Every detail from the listing, in one place.

Type: Detached
Style: Other
Living space: 2000-2500 sq ftas stated on the listing
Basement: None

Features & systems

Parking & garage

Parking spaces: 0

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Other
Property class: Detached

26 Wallace Island Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Sep 14, 2026For saleListedThis listingMLS® X13787066$1,499,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 26 Wallace Island Compares to the Leeds and the Thousand Islands Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 59 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Leeds and the Thousand Islands market, last 90 days

Median sold price: $560,000
Average sold price: $588,862
Average days on market: 61
Homes sold: 41

Closed sales on the TRREB MLS®.

Full Leeds and the Thousand Islands market report

Recently sold nearby in Leeds and the Thousand Islands

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

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Home	Sold price	$ / sqft	% of asking	Sold
This home26 Wallace Island 5 bd · 3 ba · 2,000 sqft	$1,499,000asking	$750	—	—
1321 County Road 2 Road 4 bd · 2 ba · 2,500 sqft
3 Larue Mills Road 4 bd · 3 ba · 1,500 sqft
78 Centennial Road 5 bd · 2 ba · 2,500 sqft
99 Tremont Park Island 4 bd · 2 ba · 1,100 sqft
1423 County Rd 2 Road 4 bd · 1 ba · 2,000 sqft
109 Quabbin Road 4 bd · 2 ba · 3,000 sqft

1321 County Road 2 Road
4 bd · 2 ba · 2,500 sqft
3 Larue Mills Road
4 bd · 3 ba · 1,500 sqft
78 Centennial Road
5 bd · 2 ba · 2,500 sqft
99 Tremont Park Island
4 bd · 2 ba · 1,100 sqft
1423 County Rd 2 Road
4 bd · 1 ba · 2,000 sqft
109 Quabbin Road
4 bd · 2 ba · 3,000 sqft

Living in Leeds and the Thousand Islands: Location & Amenities

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Costs, Mortgage & Rental Return for 26 Wallace Island

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $7,364; 20% down · 25 years · 5.5% assumed
Property tax: $824; 0.66% mill rate · ON
Total per month: $8,188; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$7,364

/mo

based on the purchase price of $1,499,000

Down payment20%

$299,800 cash

Amortization25 yr

$1,199,200 financed

Rate5.50%

$1,010,041 total interest

Principal54%$1,199,200

Interest46%$1,010,041

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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Listing brokerage: ROYAL LEPAGE INTEGRITY REALTY, BrokerageMLS® X13787066 · Listing data last updated September 15, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

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.

For sale· listed Sep 13· $750/sq ft

Estimated monthly mortgage$7,364/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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