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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 34 days

    40 Ivey Lane

    Otonabee-South Monaghan, ON·K0L 2G0·Near Paudash Street

    • 3 beds
    • 3 baths
    Otonabee-South Monaghan real estate›X13158138
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    1 upcoming open house

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Sun, Jun 28
      2026-06-28T16:00:00.000-00:00 – 2026-06-28T18:00:00.000-00:00
      Public
    Overview

    What this listing tells us

    Property description

    ice Lake Waterfront Retreat - The Ideal Family Compound! Welcome to this meticulously maintained 3+1 bedroom, 2+1 bathroom home set along the shores of Rice Lake. An incredible destination known for its boating, fishing, and year-round enjoyment.The main floor offers a bright, open-concept living and dining area with beautiful hardwood floors, a functional kitchen, a cozy sitting room (easily converted back into a fifth bedroom), and a convenient main-floor bedroom. Upstairs provides a quiet retreat with two additional bedrooms and a 2-piece bath. The fully finished walkout lower level extends the living space with a cozy family room, fourth bedroom, 3-piece bath, laundry, and a spacious utility room. Complete with a separate entrance and screened room, ideal for in-law or multi-generational living.Enjoy coveted southeast exposure with breathtaking sunrise, sunset, and wildlife views. The impressive 22-foot sunroom showcases lovely views over Rice Lake, while newer front and back decks (less than 5 years old) offer great outdoor living space. Additional highlights include a durable steel roof (8 years old), 48 foot dock, a high-quality drinkable water system with excellent pressure, three functional outbuildings, and a fenced area for pets or hobbies. Conveniently located close to amenities and emergency services. Experience peaceful waterfront living on Rice Lake!

    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 21, 2026ListedCurrentFor sale$949,900 —X13158138This page
    Apr 13, 2026Previously listedTer$969,900 —X12994928View
    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.

    📍 40 Ivey 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
    $4,667
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $488
    0.62% mill rate · ON
    The market

    How this home sits in the Otonabee-South Monaghan market

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

    The Otonabee-South Monaghan market right now

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

    • Avg sold price
      $750,500
      Last 30 days
    • Median sold price
      $735,000
      Middle of the market
    • Days on market
      46 d
      Avg from list to close
    • Closed last 30d
      25
      MLS® transactions
    Full Otonabee-South Monaghan market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 40 Ivey 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 40 Ivey 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 40 Ivey Lane listed for?

      40 Ivey Lane is listed at $949,900 on the MLS® (listing X13158138). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 40 Ivey 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. 1500-2000 sqft
  2. Detached
  3. Asking
    $949,900
    $0 / sqft · MLS® X13158138
    Chat Zara
  4. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $750,500
    $690,460Confidence range$810,540
    Asking vs estimate
    ↑↑well-above
    +$199,400
    (+26.6%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 3 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Otonabee-South Monaghan sell in about 46 days — this one has been listed 34 days.

    Avg sold price
    $750,500
    Median sold
    $735,000
    Avg days on market
    46
    Recently sold
    25
    See comparable sales
    • ice Lake Waterfront Retreat - The Ideal Family Compound!
    • The fully finished walkout lower level extends the living space with a cozy family room, fourth bedroom, 3-piece bath, laundry, and a spacious utility room.
    • Complete with a separate entrance and screened room, ideal for in-law or multi-generational living.Enjoy coveted southeast exposure with breathtaking sunrise, sunset, and wildlife views.
    • The impressive 22-foot sunroom showcases lovely views over Rice Lake, while newer front and back decks (less than 5 years old) offer great outdoor living space.
    Ask Zara a follow-up
    Septic
  5. Parking & garage

    3
    Garage
    None
    Parking spaces
    6
    Driveway
    6
  6. Interior

    4
    Basement
    Full, Finished
    Family room
    N
    Kitchens
    1
    Total rooms
    9
  7. Exterior & construction

    5
    Exterior
    Vinyl Siding
    Roof
    Metal
    Foundation
    Concrete
    Waterfront
    Y
    Pool
    None
  8. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    2-Storey
    Property class
    Detached
  9. Room-by-room · 14 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    7 rooms
    • Kitchen
      15.5 × 7.8 ft
    • Foyer
      10.1 × 7.9 ft
    • Bedroom
      12.7 × 12.3 ft
    • Sitting
      12.3 × 10.8 ft
    • Sunroom
      22.2 × 7.6 ft
    • Dining Room
      19.3 × 8.5 ft
    • Living Room
      13.9 × 17.2 ft

    Second level

    2 rooms
    • Primary Bedroom
      Walk-In Closet(s)
      23.4 × 22.1 ft
    • Bedroom 3
      Walk-In Closet(s)
      23.4 × 12.4 ft

    Lower level

    5 rooms
    • Kitchen
      20.4 × 9.8 ft
    • Family Room
      12.7 × 11.0 ft
    • Laundry
      12.6 × 11.0 ft
    • Utility Room
      12.5 × 12.3 ft
    • Bedroom
      12.7 × 12.3 ft
    Combined estimate
    $5,155
    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
    $4,667
    /mo
    based on the purchase price of $949,900
    $189,980 cash
    $759,920 financed
    $640,052 total interest
    Monthly payment$4,667/ month
    Principal54%$759,920
    Interest46%$640,052

    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 Otonabee-South Monaghan

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

    • 3202 County 2 Road
      Sold
      Sign in for price
      3202 County 2 Road
      Detached
    • 94 Hannah Road
      Sold
      Sign in for price
      94 Hannah Road
      Detached
    • 1915 County Road 2 Road
      Sold
      Sign in for price
      1915 County Road 2 Road
      Detached
    • 35 5th Line
      Sold
      Sign in for price
      35 5th Line
      Detached
    • 688 North Shore Drive
      Sold
      Sign in for price
      688 North Shore Drive
      Detached
    • 2148 Heritage Line
      Sold
      Sign in for price
      2148 Heritage Line
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    40 Ivey LaneThis home3 / 315,002,000$949,900ask———
    3202 County 2 Road3 / 21,500—
    94 Hannah Road4 / 42,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Otonabee-South Monaghan

    Active listings within ±20% of this asking price.

    • 30 Autumn Frost Road
      $986,000
      30 Autumn Frost Road
      Detached 5 5
    • 2 Richard Eason Court
      $799,900
      2 Richard Eason Court
      Detached 3 3
    • 64 Paul Rexe Boulevard
      $799,000
      64 Paul Rexe Boulevard
      Detached 4 4
    • 109 PINECREST Avenue
      $779,900
      109 PINECREST Avenue
      Detached 3 2
    • 1073 Serpent Mounds Road
      $839,900
      1073 Serpent Mounds Road
      Detached 4 2
    • 1472 Heritage Line
      $879,000
      1472 Heritage Line
      Detached 2 2
    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.

  10. One team, no handoffs

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

  11. Showings on YOUR schedule

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

  12. Mortgage that closes

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

  13. Public listing courtesy of Century 21 United Realty Inc. · displayed on Summitly per MLS® data-share rules

    40 Ivey Lane is a 3-bedroom, 3-bath, 1500-2000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  14. When was 40 Ivey Lane built?

    The year built for 40 Ivey Lane isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  15. What is the property tax for 40 Ivey Lane?

    The 'Property tax' tab in the History section shows the most recent annual tax for 40 Ivey Lane plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  16. How much would the monthly mortgage be on 40 Ivey Lane?

    The affordability calculator on this page shows an estimated monthly mortgage for $949,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  17. Has 40 Ivey Lane been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 40 Ivey Lane with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  18. What neighbourhood is 40 Ivey Lane in?

    40 Ivey Lane is in Otonabee-South Monaghan, Otonabee-South Monaghan. The 'Neighbourhood' section below links to the live Otonabee-South Monaghan real estate hub with average sold price, days on market, and current inventory.

  19. Is Otonabee-South Monaghan a good place to live?

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

  20. 1915 County Road 2 Road
    2 / 2
    1,100
    —
    35 5th Line3 / 11,100—
    688 North Shore Drive2 / 1700—
    2148 Heritage Line2 / 21,100—