DetachedOn market 55 daysPrice drop · $20,000 off (-4.3%)

2966 Highway 511 Rd, Lanark Highlands

Name: 2966 Highway 511 Road
SKU: X13796196
Price: 449000 CAD
Availability: InStock

Lanark Highlands, ON · · MLS® X13796196Updated November 3, 2026

$449,000Est. $2,206/mo mortgage

Bedrooms: 4
Bathrooms: 2
Living space: 1100–1500sq ft
Parking spaces: 6

Type Detached
Lot 25.995 acres
Basement Unfinished

What you should know

2966 Highway 511 Rd is a 4-bedroom, 2-bathroom detached home in Lanark Highlands, listed for $449,000. It has 1100-1500 sq ft of living space.

Century-home character meets a designer-led renovation at this beautifully maintained brick home on half an acre.
Inside, the original layout has been preserved, with defined living, dining, and kitchen spaces that give each room its own purpose while still flowing comfortably from one to the next.
The home has been brought to life through the shared vision and talents of its owners: a professional interior designer and a skilled carpenter.

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4 Bed, 2 Bath Detached Home in Lanark Highlands

About 2966 Highway 511 Road

Century-home character meets a designer-led renovation at this beautifully maintained brick home on half an acre. Inside, the original layout has been preserved, with defined living, dining, and kitchen spaces that give each room its own purpose while still flowing comfortably from one to the next. The home has been brought to life through the shared vision and talents of its owners: a professional interior designer and a skilled carpenter. Together, they have carefully renovated and refined the home, pairing well-chosen finishes with quality workmanship while preserving the character that makes it special. The updated kitchen is a standout, but the same level of care and attention can be seen throughout.The former summer kitchen has been transformed into additional living space, complemented by a practical mudroom, main-floor laundry, and powder room. Upstairs are four bedrooms and a beautifully renovated full bathroom. The fourth bedroom is currently used as a dressing room but could easily serve as a nursery, office, hobby room, or guest bedroom. Outside, the half-acre property offers mature trees, established landscaping, and plenty of room to garden, entertain, or enjoy the outdoors without the upkeep of a larger rural property. The classic brick exterior and welcoming setting give the home a memorable presence from the road.

4 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $408 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 2966 Highway 511 Rd

Every detail from the listing, in one place.

Type: Detached
Style: 2-Storey
Living space: 1100-1500 sq ftas stated on the listing
Parking: 6 spaces
Basement: Unfinished

Features & systems

Parking & garage

Parking spaces: 6

Interior

Basement: Unfinished

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 2-Storey
Property class: Detached

2966 Highway 511 Rd Price & Sale History

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

—ReducedPrice reducedThis listingMLS® X13796196−$20,000 (4.3%)$449,000
Sep 17, 2026For saleListedThis listingMLS® X13796196$469,000

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

What's it worth?

How 2966 Highway 511 Rd Compares to the Lanark Highlands Market

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

Zara’s estimate

Excellent Deal· based on 58 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

Lanark Highlands market, last 90 days

Median sold price: $415,000
Average sold price: $486,667
Average days on market: 56
Homes sold: 35

Closed sales on the TRREB MLS®.

Full Lanark Highlands market report

Recently sold nearby in Lanark Highlands

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 home2966 Highway 511 Road 4 bd · 2 ba · 1,100 sqft	$449,000asking	$408	—	—
152 Lakeland Lane 3 bd · 3 ba · 2,000 sqft
509 Iron Mine Road 3 bd · 2 ba · 1,500 sqft
3187 Mcdonald's Corner Road 3 bd · 1 ba · 1,100 sqft
2008 Pine Grove Road 3 bd · 2 ba · 1,500 sqft
314 Ferguson Falls Road 3 bd · 1 ba · 700 sqft
1901 Rosetta Road 3 bd · 1 ba · 1,100 sqft

152 Lakeland Lane
3 bd · 3 ba · 2,000 sqft
509 Iron Mine Road
3 bd · 2 ba · 1,500 sqft
3187 Mcdonald's Corner Road
3 bd · 1 ba · 1,100 sqft
2008 Pine Grove Road
3 bd · 2 ba · 1,500 sqft
314 Ferguson Falls Road
3 bd · 1 ba · 700 sqft
1901 Rosetta Road
3 bd · 1 ba · 1,100 sqft

Living in Lanark Highlands: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Costs, Mortgage & Rental Return for 2966 Highway 511 Rd

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

Mortgage: $2,206; 20% down · 25 years · 5.5% assumed
Property tax: $247; 0.66% mill rate · ON
Total per month: $2,453; 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

$2,206

/mo

based on the purchase price of $449,000

Down payment20%

$89,800 cash

Amortization25 yr

$359,200 financed

Rate5.50%

$302,541 total interest

Principal54%$359,200

Interest46%$302,541

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.

For homeowners nearby

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Listing brokerage: RE/MAX AFFILIATES MARQUIS, BrokerageMLS® X13796196 · Listing data last updated November 3, 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 16· $408/sq ft

Estimated monthly mortgage$2,206/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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