DetachedListed yesterday

42056 Mcbain Line, Central Elgin

Name: 42056 Mcbain Line
SKU: X14133310
Price: 709500 CAD
Availability: InStock

Central Elgin, ON · · MLS® X14133310Updated October 30, 2026

$709,500Est. $3,486/mo mortgage

Bedrooms: 3
Bathrooms: 1
Living space: 1500–2000sq ft
Parking spaces: 8

Type Detached
Garage Yes
Basement Finished, Full

What you should know

42056 Mcbain Line is a 3-bedroom, 1-bathroom detached home in Central Elgin, listed for $709,500. It has 1500-2000 sq ft of living space.

HUGE 45 FT x 370 FT LOT | 10 Minutes to london | parking for 6 | southwold school district.
The spacious, updated kitchen is designed for family living and entertaining, complete with a large island, granite countertops, and plenty of workspace.
The fully updated second floor offers a spacious primary bedroom with a walk-in closet and cheater ensuite, along with two additional well-sized bedrooms.

Ask Zara:

3 Bed, 1 Bath Detached Home in Central Elgin

About 42056 Mcbain Line

HUGE 45 FT x 370 FT LOT | 10 Minutes to london | parking for 6 | southwold school district. Welcome to Lynhurst Village, a beautiful community just 10 minutes from London and approximately 15 minutes from Port Stanley. Surrounded by parks, walking trails, and nature, this location offers the perfect blend of peaceful village living and convenient access to the city. This stunning two-storey home sits on an exceptionally deep 45 ft x 370 ft lot, offering incredible outdoor space and future possibilities. The main floor features a welcoming open foyer, 9-foot ceilings, and large windows overlooking the expansive backyard. The spacious, updated kitchen is designed for family living and entertaining, complete with a large island, granite countertops, and plenty of workspace. A cozy gas fireplace, convenient mudroom, and updated 2-piece bathroom complete the main level. The fully updated second floor offers a spacious primary bedroom with a walk-in closet and cheater ensuite, along with two additional well-sized bedrooms. The lower level provides an excellent family and recreation space, featuring a study area, entertainment area, and a dedicated room with potential for a future bathroom. Outside, enjoy parking for up to 6 vehicles, a two-car garage, a garden shed, and an enormous backyard with plenty of room for a future addition, pool, or other outdoor projects. With one of the largest lots on the street, this property offers space, flexibility, and tremendous potential. Don't miss this rare opportunity to own a spacious home on an extraordinary lot in Lynhurst Village-just minutes from London!

3 bedrooms, 1 bathroom, about 1,500 sq ft, works out to roughly $473 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 42056 Mcbain Line

Every detail from the listing, in one place.

Type: Detached
Style: 2-Storey
Living space: 1500-2000 sq ftas stated on the listing
Parking: 8 spacesYes garage
Basement: Finished, Full

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 8

Interior

Basement: Finished · Full

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 2-Storey
Property class: Detached

42056 Mcbain Line Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Oct 30, 2026For saleListedThis listingMLS® X14133310$709,500

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 42056 Mcbain Line Compares to the Central Elgin Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Good Deal· based on 158 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Central Elgin market, last 90 days

Median sold price: $619,950
Average sold price: $646,719
Average days on market: 64
Homes sold: 88

Closed sales on the TRREB MLS®.

Full Central Elgin market report

Recently sold nearby in Central Elgin

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

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Home	Sold price	$ / sqft	% of asking	Sold
This home42056 Mcbain Line 3 bd · 1 ba · 1,500 sqft	$709,500asking	$473	—	—
339 Sunset Drive 4 bd · 3 ba · 3,000 sqft
91 The Promenade N/A 2 bd · 2 ba · 1,500 sqft
30 Regatta Way 2 bd · 2 ba · 1,100 sqft
137 Centennial Avenue 3 bd · 2 ba · 1,100 sqft
324 Carlow Road 3 bd · 2 ba · 1,500 sqft
42720 MEADOW WOOD Lane 4 bd · 2 ba · 2,500 sqft

339 Sunset Drive
4 bd · 3 ba · 3,000 sqft
91 The Promenade N/A
2 bd · 2 ba · 1,500 sqft
30 Regatta Way
2 bd · 2 ba · 1,100 sqft
137 Centennial Avenue
3 bd · 2 ba · 1,100 sqft
324 Carlow Road
3 bd · 2 ba · 1,500 sqft
42720 MEADOW WOOD Lane
4 bd · 2 ba · 2,500 sqft

Living in Central Elgin: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Costs, Mortgage & Rental Return for 42056 Mcbain Line

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $3,486; 20% down · 25 years · 5.5% assumed
Property tax: $390; 0.66% mill rate · ON
Total per month: $3,876; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

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Estimated monthly payment

$3,486

/mo

based on the purchase price of $709,500

Down payment20%

$141,900 cash

Amortization25 yr

$567,600 financed

Rate5.50%

$478,068 total interest

Principal54%$567,600

Interest46%$478,068

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.

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Listing brokerage: BLUE FOREST REALTY INC., BrokerageMLS® X14133310 · Listing data last updated October 30, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

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.

For sale· listed Oct 29· $473/sq ft

Estimated monthly mortgage$3,486/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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