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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 27 days

    2740 Lockwood Lane

    Cumberland Estates·Cumberland, ON·K4C 1B6·Near Lockwood Ln. and Pierrette Dr.

    • 2 beds
    Cumberland real estate›X13214540
    • 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

    Welcome to this beautifully maintained bungalow in desirable Cumberland, offering the perfect blend of space, privacy, and modern updates. Situated on a generous 0.5-acre lot, this home features 4 bedrooms and 2 full bathrooms, ideal for families or those needing extra space. Step inside to find a renovated kitchen with stylish finishes, an updated bathroom, and modern flooring throughout, creating a fresh, move-in-ready feel. The bright and functional layout flows seamlessly, with a fully finished basement providing additional living space for a rec room, home office, or gym. Enjoy the outdoors in your private backyard oasis, complete with an above-ground pool, perfect for summer entertaining or relaxing with family and friends. Car enthusiasts and hobbyists will love the oversized garage, equipped with heat and impressive ceiling height, that can easily accommodate a hoist or lift. A fantastic opportunity to own a turnkey home on a spacious lot in a peaceful setting, just a short drive to city amenities.

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

    AI highlights by Zara
    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
    May 29, 2026ListedCurrentFor sale$695,000 —X13214540This page
    Apr 2, 2026Previously listedTer$695,000 —X12951766View
    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
      Central Air
      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.

    📍 2740 Lockwood Lane
    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
    $3,414
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $345
    0.59% mill rate · ON
    The market

    How this home sits in the Cumberland market

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

    The Cumberland market right now

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

    • Avg sold price
      $1,007,500
      Last 30 days
    • Median sold price
      $940,000
      Middle of the market
    • Days on market
      36 d
      Avg from list to close
    • Closed last 30d
      9
      MLS® transactions
    Full Cumberland market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 2740 Lockwood Lane — 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 2740 Lockwood Lane 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 2740 Lockwood Lane listed for?

      2740 Lockwood Lane is listed at $695,000 on the MLS® (listing X13214540). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 2740 Lockwood Lane 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. 2 baths
  2. 1100-1500 sqft
  3. Detached
  4. Asking
    $695,000
    $0 / sqft · MLS® X13214540
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $735,475
    $676,637Confidence range$794,313
    Asking vs estimate
    ≈in-line
    −$40,475
    (-5.5%)
    Asking is in line
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 2 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Cumberland sell in about 36 days — this one has been listed 27 days.

    Avg sold price
    $1,007,500
    Median sold
    $940,000
    Avg days on market
    36
    Recently sold
    9
    See comparable sales
    Walk through online
    Listing agent has provided a interactive tour
    Open virtual tour
    Situated on a generous 0.5-acre lot, this home features 4 bedrooms and 2 full bathrooms, ideal for families or those needing extra space.
  6. Step inside to find a renovated kitchen with stylish finishes, an updated bathroom, and modern flooring throughout, creating a fresh, move-in-ready feel.
  7. The bright and functional layout flows seamlessly, with a fully finished basement providing additional living space for a rec room, home office, or gym.
  8. Enjoy the outdoors in your private backyard oasis, complete with an above-ground pool, perfect for summer entertaining or relaxing with family and friends.
  9. Ask Zara a follow-up
    Septic
  10. Parking & garage

    4
    Garage
    Attached
    Garage spaces
    2
    Parking spaces
    10
    Driveway
    8
  11. Interior

    5
    Basement
    Full, Finished
    Family room
    N
    Kitchens
    1
    Total rooms
    7
    Laundry level
    Lower Level
  12. Exterior & construction

    4
    Exterior
    Brick
    Roof
    Asphalt Shingle
    Foundation
    Poured Concrete
    Pool
    Above Ground
  13. Listing & possession

    3
    Occupancy
    TDB
    Property style
    Bungalow
    Property class
    Detached
  14. Combined estimate
    $3,759
    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
    $3,414
    /mo
    based on the purchase price of $695,000
    $139,000 cash
    $556,000 financed
    $468,298 total interest
    Monthly payment$3,414/ month
    Principal54%$556,000
    Interest46%$468,298

    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 Cumberland

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

    • 1064 Moffatt Drive
      Sold
      Sign in for price
      1064 Moffatt Drive
      Detached
    • 2895 Des Trembles Avenue
      Sold
      Sign in for price
      2895 Des Trembles Avenue
      Detached
    • 2369 Lookout Drive
      Sold
      Sign in for price
      2369 Lookout Drive
      Detached
    • 2960 Ernside Crescent
      Sold
      Sign in for price
      2960 Ernside Crescent
      Detached
    • 2577 Regional Rd 174 Road
      Sold
      Sign in for price
      2577 Regional Rd 174 Road
      Detached
    • 1235 MILLBURN Crescent
      Sold
      Sign in for price
      1235 MILLBURN Crescent
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    2740 Lockwood LaneThis home2 / 211,001,500$695,000ask———
    1064 Moffatt Drive4 / 32,500—
    2895 Des Trembles Avenue3 / 22,000—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.
    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.

  15. One team, no handoffs

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

  16. Showings on YOUR schedule

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

  17. Mortgage that closes

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

  18. Public listing courtesy of RE/MAX HALLMARK REALTY GROUP · displayed on Summitly per MLS® data-share rules

    2740 Lockwood Lane is a 2-bedroom, 2-bath, 1100-1500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  19. When was 2740 Lockwood Lane built?

    The year built for 2740 Lockwood Lane isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  20. What is the property tax for 2740 Lockwood Lane?

    The 'Property tax' tab in the History section shows the most recent annual tax for 2740 Lockwood Lane plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  21. How much would the monthly mortgage be on 2740 Lockwood Lane?

    The affordability calculator on this page shows an estimated monthly mortgage for $695,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  22. Has 2740 Lockwood Lane been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 2740 Lockwood Lane with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  23. What neighbourhood is 2740 Lockwood Lane in?

    2740 Lockwood Lane is in Cumberland Estates, Cumberland. The 'Neighbourhood' section below links to the live Cumberland real estate hub with average sold price, days on market, and current inventory.

  24. Is Cumberland a good place to live?

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

  25. 2369 Lookout Drive
    1 / 4
    2,500
    —
    2960 Ernside Crescent3 / 31,100—
    2577 Regional Rd 174 Road3 / 21,100—
    1235 MILLBURN Crescent3 / 2700—