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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@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 47 daysPrice drop · $20,000 off (-4.6%)

    40 Katie Lane

    NE·Strathroy-Caradoc, ON·N7G 4E5·Near Second Street

    • 3 beds
    Strathroy-Caradoc real estate›X13079986
    • 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

    Modern Comfort Meets Southern Sun! Looking for the perfect blend of style, space and sunshine? This beautifully updated 1,256 sq.ft. semi-link townhome is move-in ready and waiting for you! The Highlights: Freshly Updated: Be the first to enjoy brand-new flooring (2026) across the main level and a freshly painted interior throughout. Open and Airy: An inviting, ultra-open floor plan makes entertaining a breeze, featuring a classic oak rail to the second floor. Outdoor Living: Step through the patio doors to your private south-facing deck-perfect for sun-soaked morning coffees or summer BBQs in your fully fenced yard. The Layout: Upper Level: 3 bright and spacious bedrooms and a full family bathroom. Main Level: Seamless flow from the kitchen to the living area, plus a convenient powder room. Lower Level: Includes a finished family room for movie nights or a home gym. Why You'll Love It: This home offers the privacy of a semi-link design with the low-maintenance lifestyle of a townhome. Whether you're a first-time buyer or looking to upgrade, the modern 2026 finishes and the prime southern exposure make this a standout property. Within walking distance to conservation area.

    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
    Jun 17, 2026Price reducedCurrentReduced$415,000−$20,000 (4.6%)X13079986This page
    May 2, 2026ListedCurrentFor sale$435,000 —X13079986This page
    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
      Municipal
      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 Katie Lane
    What's nearby

    Points of interest classified by the MLS® feed.

    • Cul de Sac/Dead End
    • Fenced Yard
    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
    $2,039
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $192
    0.55% mill rate · ON
    The market

    How this home sits in the Strathroy-Caradoc market

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

    The Strathroy-Caradoc market right now

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

    • Avg sold price
      $637,142
      Last 30 days
    • Median sold price
      $595,000
      Middle of the market
    • Days on market
      43 d
      Avg from list to close
    • Closed last 30d
      109
      MLS® transactions
    Full Strathroy-Caradoc market report
    Buy with Coldwell Banker Summit Realty

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

      40 Katie Lane is listed at $415,000 on the MLS® (listing X13079986). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 40 Katie 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. Att/Row/Townhouse
  4. Asking
    $415,000
    $0 / sqft · MLS® X13079986
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $637,142
    $586,171Confidence range$688,113
    Asking vs estimate
    ↓below
    −$222,142
    (-34.9%)
    Asking is below estimate
    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 Strathroy-Caradoc sell in about 43 days — this one has been listed 47 days.

    Avg sold price
    $637,142
    Median sold
    $595,000
    Avg days on market
    43
    Recently sold
    109
    See comparable sales
    Looking for the perfect blend of style, space and sunshine?
  6. This beautifully updated 1,256 sq.ft. semi-link townhome is move-in ready and waiting for you!
  7. Outdoor Living: Step through the patio doors to your private south-facing deck-perfect for sun-soaked morning coffees or summer BBQs in your fully fenced yard.
  8. The Layout: Upper Level: 3 bright and spacious bedrooms and a full family bathroom.
  9. Ask Zara a follow-up
    Sewer
  10. Parking & garage

    4
    Garage
    Attached
    Garage spaces
    1
    Parking spaces
    3
    Driveway
    Private
  11. Interior

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

    4
    Exterior
    Brick
    Roof
    Asphalt Shingle
    Foundation
    Poured Concrete
    Pool
    None
  13. Listing & possession

    3
    Occupancy
    90 days
    Property style
    2-Storey
    Property class
    Att/Row/Townhouse
  14. Room-by-room · 6 rooms

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

    Room dimensions

    Main level

    2 rooms
    • Living Room
      19.0 × 14.0 ft
    • Kitchen
      11.0 × 9.0 ft

    Second level

    3 rooms
    • Primary Bedroom
      15.0 × 11.0 ft
    • Bedroom 2
      11.0 × 10.0 ft
    • Bedroom 3
      12.0 × 9.0 ft

    Lower level

    1 room
    • Family Room
      17.7 × 12.4 ft
    Combined estimate
    $2,231
    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
    $2,039
    /mo
    based on the purchase price of $415,000
    $83,000 cash
    $332,000 financed
    $279,631 total interest
    Monthly payment$2,039/ month
    Principal54%$332,000
    Interest46%$279,631

    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 att/row/townhouses that just sold in Strathroy-Caradoc

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

    • 581 REGENT Street
      Sold
      Sign in for price
      581 REGENT Street
      Att/Row/Townhouse
    • 101 SWALES Avenue
      Sold
      Sign in for price
      101 SWALES Avenue
      Att/Row/Townhouse
    • 101 SWALES Avenue
      Sold
      Sign in for price
      101 SWALES Avenue
      Att/Row/Townhouse
    • 577 REGENT Street
      Sold
      Sign in for price
      577 REGENT Street
      Att/Row/Townhouse
    • 19 Katie Lane
      Sold
      Sign in for price
      19 Katie Lane
      Att/Row/Townhouse
    • 579 REGENT Street
      Sold
      Sign in for price
      579 REGENT Street
      Att/Row/Townhouse
    AddressBd / BaSqftSold$/sqft% of askSold
    40 Katie LaneThis home3 / 211,001,500$415,000ask———
    581 REGENT Street3 / 31,500—
    101 SWALES Avenue3 / 31,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More att/row/townhouses in Strathroy-Caradoc

    Active listings within ±20% of this asking price.

    • 307 Metcalfe Street
      $474,900
      307 Metcalfe Street
      Att/Row/Townhouse 2 3
    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 SUTTON GROUP PREFERRED REALTY INC. · displayed on Summitly per MLS® data-share rules

    40 Katie Lane is a 3-bedroom, 2-bath, 1100-1500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  19. When was 40 Katie Lane built?

    The year built for 40 Katie 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 40 Katie Lane?

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

  21. How much would the monthly mortgage be on 40 Katie Lane?

    The affordability calculator on this page shows an estimated monthly mortgage for $415,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  22. Has 40 Katie Lane been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 40 Katie 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 40 Katie Lane in?

    40 Katie Lane is in NE, Strathroy-Caradoc. The 'Neighbourhood' section below links to the live Strathroy-Caradoc real estate hub with average sold price, days on market, and current inventory.

  24. Is Strathroy-Caradoc a good place to live?

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

  25. 101 SWALES Avenue
    3 / 3
    1,500
    —
    577 REGENT Street3 / 31,500—
    19 Katie Lane3 / 21,100—
    579 REGENT Street3 / 31,500—