Immediate possession is available on this well-cared for bungalow in desirable Wainfleet Township. This open concept 2 bedroom bungalow has an updated kitchen with sliding glass doors to the covered rear deck.The original 3rd bedroom has been converted to a huge main floor family room with more glass doors to the covered deck. or maybe your primary bedroom retreat! It will definitely be your favourite reading nook! The full basement offers an in-law potential or just extra space for the kids to hang out. You will love winter nights in front of your gas fireplace or making hot chocolate at the kitchenette. Sitting on a 80.00 x 217.00 foot lot you will love summer dinners on your rear patio with no rear neighbours or tinkering in your detached garage. Updates include whole house generator, vinyl windows, owned hot water tank (2021), gas forced air furnace(2016), c/air unit, vinyl siding, shingles, washer, dryer (2021)
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $821 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 42058 Hwy 3
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
7 spacesYes garage
Basement
Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
7
Interior
Basement
Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
42058 Hwy 3 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,825
/mo
based on the purchase price of $575,000
$115,000 cash
$460,000 financed
$387,441 total interest
Principal54%$460,000
Interest46%$387,441
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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Similar homes for sale nearby in Wainfleet
Other 2–3 bed homes for sale in Wainfleet around $575K.
Average days on market49Homes sold in about 49 days on average.
Sale-to-list ratio92.7%On average, homes sold below asking.
Active listings76Homes for sale here right now.
Median vs prior 90 days−18.0%Compared with May 7 – Aug 5, 2026: prices down.
Based on 35 sales from Aug 5 – Nov 3, 2026 (24 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 42058 Hwy 3
How much is 42058 Hwy 3 listed for?
42058 Hwy 3 is listed at $575,000 (MLS® X13746596). Summitly updates the price as soon as the MLS® record changes.
Is $575,000 a good price for 42058 Hwy 3?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Wainfleet. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 42058 Hwy 3 changed?
Yes — it was first listed at $595,000 and is now $575,000, a drop of $20,000 (3.4%).
How many bedrooms and bathrooms does 42058 Hwy 3 have?
42058 Hwy 3 has 2 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Wainfleet.
How much would the monthly mortgage be on 42058 Hwy 3?
About $2,825 a month — principal and interest on $575,000 with 20% down ($115,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 42058 Hwy 3 compare with other homes in Wainfleet?
Its asking price of $575,000 is about the same as the median sold price in Wainfleet over the last 90 days, $580,000, across 35 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 42058 Hwy 3 been sold before?
Summitly has no earlier MLS® sale or lease of 42058 Hwy 3 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 42058 Hwy 3?
42058 Hwy 3 is in Wainfleet, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 42058 Hwy 3 been on the market?
60 days — 42058 Hwy 3 was listed on September 4, 2026.
What is the price per square foot of 42058 Hwy 3?
About $523 to $821 per square foot: the asking price of $575,000 over the 700–1,100 sq ft the listing gives as its size range.
Does 42058 Hwy 3 have parking or a garage?
Yes — the listing gives 7 parking spaces. Garage: Yes.
Does 42058 Hwy 3 have a basement, and is it finished?
