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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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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 22 days

    40024 Talbot Line

    Talbotville·Southwold, ON·N5P 3T2·Near COLONEL TALBOT RD.

    • 2 beds
    Southwold real estate›X13222020
    • 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 a truly unique opportunity in the heart of Talbotville. Nestled on a picturesque 2.3-acre property, this one-of-a-kind retreat offers peaceful country living with exceptional versatility, featuring two separate homes and endless possibilities for multi-generational living, rental income, or future investment. The charming main bungalow offers comfortable one-floor living with 2 bedrooms, 1 bathroom, and a warm, inviting layout, featuring a bright living room with a cozy reading nook, a functional kitchen with ample cabinetry and dining space, convenient main-floor laundry, and easy access to the outdoor deck overlooking the beautiful surroundings. The second detached 1.5-storey home provides incredible flexibility with 3 bedrooms, 1 bathroom, a quaint kitchen, and comfortable living spaces, making it ideal for extended family, guests, rental income, or a home-based business. Outside, mature trees, expansive green space, a winding creek crossed by a quaint bridge, and a classic barn create a serene setting that feels worlds away from the everyday. Whether you're dreaming of hobby farming, creating a family compound, generating rental income, or simply enjoying your own private retreat, this property offers the space and freedom to bring your vision to life. Perfectly positioned between London and St. Thomas, commuters will appreciate the convenience of quick access to both cities while enjoying the tranquility and privacy of country living. Rarely does a property with this much character, land, versatility, and potential come available in such a sought-after location.

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

    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 1, 2026ListedCurrentFor sale$659,900 —X13222020This page
    Apr 19, 2024Previously listedExp$699,900 —X8282996View
    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.

    📍 40024 Talbot Line
    What's nearby

    Points of interest classified by the MLS® feed.

    • Hospital
    • Library
    • Park
    • Place Of Worship
    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
    $3,242
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $279
    0.51% mill rate · ON
    The market

    How this home sits in the Southwold market

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

    The Southwold market right now

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

    • Avg sold price
      $839,708
      Last 30 days
    • Median sold price
      $744,500
      Middle of the market
    • Days on market
      65 d
      Avg from list to close
    • Closed last 30d
      12
      MLS® transactions
    Full Southwold market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 40024 Talbot Line — 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 40024 Talbot Line 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 40024 Talbot Line listed for?

      40024 Talbot Line is listed at $659,900 on the MLS® (listing X13222020). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 40024 Talbot Line 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. 1 bath
  2. 700-1100 sqft
  3. Detached
  4. 2-4.99 ac lot
  5. Asking
    $659,900
    $0 / sqft · MLS® X13222020
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $612,987
    $563,948Confidence range$662,026
    Asking vs estimate
    ↑above
    +$46,913
    (+7.7%)
    Asking is above estimate
    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 Southwold sell in about 65 days — this one has been listed 22 days.

    Avg sold price
    $839,708
    Median sold
    $744,500
    Avg days on market
    65
    Recently sold
    12
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    AI highlights by Zara
    • Welcome to a truly unique opportunity in the heart of Talbotville.
    • Outside, mature trees, expansive green space, a winding creek crossed by a quaint bridge, and a classic barn create a serene setting that feels worlds away from the everyday.
    • Whether you're dreaming of hobby farming, creating a family compound, generating rental income, or simply enjoying your own private retreat, this property offers the space and freedom to bring your vision to life.
    • Perfectly positioned between London and St.
    Ask Zara a follow-up
    Septic
  7. Parking & garage

    4
    Garage
    Detached
    Garage spaces
    2
    Parking spaces
    8
    Driveway
    Private
  8. Interior

    5
    Basement
    Full, Unfinished
    Family room
    Y
    Kitchens
    1
    Total rooms
    6
    Laundry level
    Main Level
  9. Exterior & construction

    5
    Exterior
    Vinyl Siding
    Roof
    Asphalt Shingle
    Foundation
    Poured Concrete
    View
    Creek/Stream, Trees/Woods
    Pool
    None
  10. Lot & land

    1
    Zoning
    R-1
  11. Listing & possession

    3
    Occupancy
    FLEXIBLE
    Property style
    Bungalow
    Property class
    Detached
  12. Room-by-room · 9 rooms

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

    Room dimensions

    Main level

    7 rooms
    • Bathroom
      3 Pc Bath
      9.9 × 9.1 ft
    • Family Room
      13.8 × 16.7 ft
    • Bedroom 2
      13.0 × 9.9 ft
    • Foyer
      4.9 × 11.6 ft
    • Kitchen
      Eat-in Kitchen
      13.0 × 14.3 ft
    • Living Room
      11.5 × 13.9 ft
    • Primary Bedroom
      10.7 × 13.7 ft

    Basement level

    2 rooms
    • Other
      24.8 × 16.5 ft
    • Utility Room
      24.8 × 18.7 ft
  13. School
  14. School Bus Route
  15. Combined estimate
    $3,521
    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
    $3,242
    /mo
    based on the purchase price of $659,900
    $131,980 cash
    $527,920 financed
    $444,647 total interest
    Monthly payment$3,242/ month
    Principal54%$527,920
    Interest46%$444,647

    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 Southwold

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

    • 41845 North Street
      Sold
      Sign in for price
      41845 North Street
      Detached
    • 41531 Florence Court
      Sold
      Sign in for price
      41531 Florence Court
      Detached
    • 5 SYCAMORE Road
      Sold
      Sign in for price
      5 SYCAMORE Road
      Detached
    • 12 REA Court
      Sold
      Sign in for price
      12 REA Court
      Detached
    • 48 ROYAL Crescent
      Sold
      Sign in for price
      48 ROYAL Crescent
      Detached
    • 41792 North Street
      Sold
      Sign in for price
      41792 North Street
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    40024 Talbot LineThis home2 / 17,001,100$659,900ask———
    41845 North Street2 / 2700—
    41531 Florence Court4 / 42,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Southwold

    Active listings within ±20% of this asking price.

    • 9872 Florence Street
      $610,000
      9872 Florence Street
      Detached 3 3
    • 9022 Iona Road
      $709,000
      9022 Iona Road
      Detached 3 2
    • 38803 Talbot Line
      $699,000
      38803 Talbot Line
      Detached 3 2
    • 9939 Florence Street
      $584,900
      9939 Florence Street
      Detached 3 3
    • 41549 Major Line
      $529,900
      41549 Major Line
      Detached 3 2
    • 41805 North Street
      $599,000
      41805 North Street
      Detached 3 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.

  16. One team, no handoffs

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

  17. Showings on YOUR schedule

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

  18. Mortgage that closes

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

  19. Public listing courtesy of RE/MAX CENTRE CITY REALTY INC. · displayed on Summitly per MLS® data-share rules

    40024 Talbot Line is a 2-bedroom, 1-bath, 700-1100 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  20. When was 40024 Talbot Line built?

    The year built for 40024 Talbot Line isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  21. What is the property tax for 40024 Talbot Line?

    The 'Property tax' tab in the History section shows the most recent annual tax for 40024 Talbot Line plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  22. How much would the monthly mortgage be on 40024 Talbot Line?

    The affordability calculator on this page shows an estimated monthly mortgage for $659,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  23. Has 40024 Talbot Line been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 40024 Talbot Line with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  24. What neighbourhood is 40024 Talbot Line in?

    40024 Talbot Line is in Talbotville, Southwold. The 'Neighbourhood' section below links to the live Southwold real estate hub with average sold price, days on market, and current inventory.

  25. Is Southwold a good place to live?

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

  26. 5 SYCAMORE Road
    4 / 4
    2,500
    —
    12 REA Court3 / 32,000—
    48 ROYAL Crescent4 / 53,000—
    41792 North Street2 / 2700—