Welcome to 318 Wallace St, Shelburne. Absolutely Stunning Detached 2 Storey-5 Bed, 4 Washroom House Approximately 3014 sq.ft Total Living Space. Open Concept Living Space Perfect For Entertaining. Home Offers Eat-In Kitchen Complete With Backsplash, Breakfast, Stainless Steel Appliances, Pot Lights And Much More. Its Modern Comfort Spending Over 100K On Upgrade. It Has 9 Feet Ceiling On Main Floor, Family Room With Gas Fireplace. Primary Bedroom Has 2 Walk-In Closet. All Bedrooms Have Attached Bathrooms, Two Bedroom With Jack & Jill Bathroom On Second Floor. Great Area To Live-In, Close to Schools, Parks and All Other Amenities. Must Look This House!
5 bedrooms, 3 bathrooms, about 3,000 sq ft, works out to roughly $276 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 318 Wallace St
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
3000-3500 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)
0
Listing & possession
Property style
2-Storey
Property class
Detached
318 Wallace St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14174772$829,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 318 Wallace St Compares to the Shelburne 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 →
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
$4,073
/mo
based on the purchase price of $829,000
$165,800 cash
$663,200 financed
$558,588 total interest
Principal54%$663,200
Interest46%$558,588
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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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.
Similar homes for sale nearby in Shelburne
Other 4–6 bed homes for sale in Shelburne around $829K.
Average days on market42Homes sold in about 42 days on average.
Sale-to-list ratio97.3%On average, homes sold below asking.
Active listings93Homes for sale here right now.
Median vs prior 90 days−4.4%Compared with May 16 – Aug 14, 2026: prices down.
Based on 54 sales from Aug 14 – Nov 12, 2026 (37 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 318 Wallace St
How much is 318 Wallace St listed for?
318 Wallace St is listed at $829,000 (MLS® X14174772). Summitly updates the price as soon as the MLS® record changes.
Is $829,000 a good price for 318 Wallace St?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Shelburne. 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 318 Wallace St changed?
No — 318 Wallace St is still listed at its original asking price of $829,000.
How many bedrooms and bathrooms does 318 Wallace St have?
318 Wallace St has 5 bedrooms and 3 bathrooms, with about 3,000–3,500 square feet of living space. It is a detached home in Shelburne.
How much would the monthly mortgage be on 318 Wallace St?
About $4,073 a month — principal and interest on $829,000 with 20% down ($165,800), 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 318 Wallace St compare with other homes in Shelburne?
Its asking price of $829,000 is about 37% above the median sold price in Shelburne over the last 90 days, $605,000, across 54 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 318 Wallace St been sold before?
Summitly has no earlier MLS® sale or lease of 318 Wallace St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 318 Wallace St?
318 Wallace St is in Shelburne, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 318 Wallace St been on the market?
318 Wallace St was listed today (November 12, 2026).
What is the price per square foot of 318 Wallace St?
About $237 to $276 per square foot: the asking price of $829,000 over the 3,000–3,500 sq ft the listing gives as its size range.
Does 318 Wallace St have parking or a garage?
Yes — the listing gives 6 parking spaces. Garage: Yes.
Does 318 Wallace St have a basement, and is it finished?
