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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 452 daysPrice drop · $100,000 off (-5.9%)

    40828 Forks Road

    Marshville/Winger·Wainfleet, ON·L0S 1V0·Near Between Deeks and O'Reilly

    • 1 bath
    Wainfleet real estate›X12062104
    • 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 once-in-a-lifetime opportunity to own a state-of-the-art, 13,000+ square foot dream shop sitting on just under 5 private acres. Whether you're looking to expand your business, invest in income-generating storage space, or build your dream home right next door, this property offers it all. With rebuild value near $2 million, this massive, fully-equipped shop features a 900 square foot office, with heat and hydro throughout the entire space, ready to support a wide range of commercial or personal uses. Surrounded by hydro-seeded berms, you'll enjoy unmatched privacy and peace of mind.The expansive lot is the perfect canvas to build your custom home, while running your business steps away. With its ideal location, size, and versatility, this property is a true gem for entrepreneurs, builders, and visionaries alike.

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

    AI highlights by Zara
    • Whether you're looking to expand your business, invest in income-generating storage space, or build your dream home right next door, this property offers it all.
    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 29, 2026Price reducedCurrentReduced$1,599,900−$100,000 (5.9%)X12062104This page
    Apr 4, 2025ListedCurrentFor sale$1,699,900 —X12062104This 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
      Radiant
      Air conditioning
      Wall Unit(s)
      Water source
      Other
      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.

    📍 40828 Forks Road
    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
    $7,860
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $406
    0.30% mill rate · ON
    The market

    How this home sits in the Wainfleet market

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

    The Wainfleet market right now

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

    • Avg sold price
      $758,856
      Last 30 days
    • Median sold price
      $690,000
      Middle of the market
    • Days on market
      73 d
      Avg from list to close
    • Closed last 30d
      25
      MLS® transactions
    Full Wainfleet market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 40828 Forks Road — 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 40828 Forks Road 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 40828 Forks Road listed for?

      40828 Forks Road is listed at $1,599,900 on the MLS® (listing X12062104). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 40828 Forks Road 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. 700-1100 sqft
  2. Detached
  3. 2-4.99 ac lot
  4. Asking
    $1,599,900
    $0 / sqft · MLS® X12062104
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $758,856
    $698,148Confidence range$819,564
    Asking vs estimate
    ↑↑well-above
    +$841,044
    (+110.8%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price (limited data on this listing).

    Market analytics

    Homes like this in Wainfleet sell in about 73 days — this one has been listed 452 days.

    Avg sold price
    $758,856
    Median sold
    $690,000
    Avg days on market
    73
    Recently sold
    25
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
  6. With rebuild value near $2 million, this massive, fully-equipped shop features a 900 square foot office, with heat and hydro throughout the entire space, ready to support a wide range of commercial or personal uses.
  7. Surrounded by hydro-seeded berms, you'll enjoy unmatched privacy and peace of mind.The expansive lot is the perfect canvas to build your custom home, while running your business steps away.
  8. Ask Zara a follow-up
    Septic
  9. Parking & garage

    4
    Garage
    Attached
    Garage spaces
    40
    Parking spaces
    100
    Driveway
    60
  10. Interior

    5
    Basement
    None
    Family room
    N
    Kitchens
    1
    Total rooms
    4
    Accessibility
    N
  11. Exterior & construction

    4
    Exterior
    Metal/Steel Siding
    Roof
    Metal
    Foundation
    Slab, Concrete
    Pool
    None
  12. Lot & land

    1
    Zoning
    A2
  13. Listing & possession

    3
    Occupancy
    Can be flexible
    Property style
    Bungalow
    Property class
    Detached
  14. Room-by-room · 3 rooms

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

    Room dimensions

    Main level

    3 rooms
    • Office
      9.8 × 9.0 ft
    • Office
      21.2 × 12.2 ft
    • Kitchen
      11.6 × 8.0 ft
    Combined estimate
    $8,266
    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
    $7,860
    /mo
    based on the purchase price of $1,599,900
    $319,980 cash
    $1,279,920 financed
    $1,078,029 total interest
    Monthly payment$7,860/ month
    Principal54%$1,279,920
    Interest46%$1,078,029

    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 Wainfleet

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

    • 42770 3 Highway
      Sold
      Sign in for price
      42770 3 Highway
      Detached
    • 41937 Feeder Road
      Sold
      Sign in for price
      41937 Feeder Road
      Detached
    • 11357 Fowler Road
      Sold
      Sign in for price
      11357 Fowler Road
      Detached
    • 10818 Lakeshore Road
      Sold
      Sign in for price
      10818 Lakeshore Road
      Detached
    • 12343 Lakeshore Road
      Sold
      Sign in for price
      12343 Lakeshore Road
      Detached
    • 10585 Maplewood Drive
      Sold
      Sign in for price
      10585 Maplewood Drive
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    40828 Forks RoadThis home0 / 17,001,100$1,599,900ask———
    42770 3 Highway3 / 21,100—
    41937 Feeder Road3 / 1700—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Wainfleet

    Active listings within ±20% of this asking price.

    • 51086 Deeks Road
      $1,400,000
      51086 Deeks Road
      Detached 3 4
    • 11423 Morgans Point Road
      $1,299,000
      11423 Morgans Point Road
      Detached 4 3
    • 10321 Lakshore Road
      $1,899,900
      10321 Lakshore Road
      Detached 3 3
    • 10417 Lakeshore Road
      $1,499,000
      10417 Lakeshore Road
      Detached 3 2
    • 52896 Putman Road
      $1,499,900
      52896 Putman Road
      Detached 3 3
    • 50977 Lambert Road
      $1,750,000
      50977 Lambert Road
      Detached 4 4
    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 RIGHT CHOICE HAPPENINGS REALTY LTD. · displayed on Summitly per MLS® data-share rules

    40828 Forks Road is a 1-bath, 700-1100 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  19. When was 40828 Forks Road built?

    The year built for 40828 Forks Road 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 40828 Forks Road?

    The 'Property tax' tab in the History section shows the most recent annual tax for 40828 Forks Road plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  21. How much would the monthly mortgage be on 40828 Forks Road?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,599,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  22. Has 40828 Forks Road been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 40828 Forks Road with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  23. What neighbourhood is 40828 Forks Road in?

    40828 Forks Road is in Marshville/Winger, Wainfleet. The 'Neighbourhood' section below links to the live Wainfleet real estate hub with average sold price, days on market, and current inventory.

  24. Is Wainfleet a good place to live?

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

  25. 11357 Fowler Road
    3 / 1
    700
    —
    10818 Lakeshore Road1 / 1700—
    12343 Lakeshore Road15 / 73,500—
    10585 Maplewood Drive0 / 1700—