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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 — RECO Registration #6018570.

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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 308 days

    4740 16 Line

    ·Perth South, ON··

    • 6 beds
    Perth South real estate›X12420151
    • 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

    Beautiful 3.45-Acre Estate Along the Avon River A Rare Opportunity Rich in Heritage and Potential. Presenting this distinguished property set on scenic land bordering the tranquil Avon River for the first time in over 55 years. This unique estate offers a rare combination of natural beauty, historical significance, and versatile potential for residential or entrepreneurial pursuits. The primary residence is a spacious family home featuring: Four bedrooms on the upper level, complemented by a full four-piece bathroom, Two additional bedrooms on the main level, accompanied by two half bathrooms. A rustic country-style kitchen with a charming propane fireplace, ideal for cozy gatherings and everyday comfort. Generous living areas designed to accommodate multi-generational families or large households. This property carries a rich legacy, having once served as the site of the Avonbank Cheese and Butter Factory before transitioning into a family-run upholstery business. Its storied past adds character and depth, while its expansive layout invites future owners to reimagine its purpose be it a private retreat, a boutique enterprise, or a creative homestead. A classic barn located at the far corner of the property, formerly used for housing horses, further enhances the estates rural charm and utility. Situated on a paved road with its prime riverfront location, historical roots, and boundless potential, this property represents a truly exceptional offering for discerning buyers seeking a one-of-a-kind opportunity.

    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
    Sep 22, 2025ListedCurrentFor sale$899,900 —X12420151This 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

      5
      Heating
      Radiant
      Air conditioning
      None
      Fireplaces
      2
      Water source
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 4740 16 Line
    What's nearby

    Points of interest classified by the MLS® feed.

    • River/Stream
    • Wooded/Treed
    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
    $4,421
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $387
    0.52% mill rate · ON
    The market

    How this home sits in the Perth South market

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

    The Perth South market right now

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

    • Avg sold price
      $2,237,900
      Last 30 days
    • Median sold price
      $1,225,000
      Middle of the market
    • Days on market
      34 d
      Avg from list to close
    • Closed last 30d
      5
      MLS® transactions
    Full Perth South market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 4740 16 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 4740 16 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 4740 16 Line listed for?

      4740 16 Line is listed at $899,900 on the MLS® (listing X12420151). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 4740 16 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. 3 baths
  2. 2500-3000 sqft
  3. Detached
  4. Built 100+
  5. 2-4.99 ac lot
  6. Asking
    $899,900
    $0 / sqft · MLS® X12420151
    Chat Zara
  7. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $3,446,366
    $3,170,657Confidence range$3,722,075
    Asking vs estimate
    ↓below
    −$2,546,466
    (-73.9%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 6 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Perth South sell in about 34 days — this one has been listed 308 days.

    Avg sold price
    $2,237,900
    Median sold
    $1,225,000
    Avg days on market
    34
    Recently sold
    5
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    AI highlights by Zara
    • Beautiful 3.45-Acre Estate Along the Avon River A Rare Opportunity Rich in Heritage and Potential.
    • The primary residence is a spacious family home featuring: Four bedrooms on the upper level, complemented by a full four-piece bathroom, Two additional bedrooms on the main level, accompanied by two half bathrooms.
    • A rustic country-style kitchen with a charming propane fireplace, ideal for cozy gatherings and everyday comfort.
    • This property carries a rich legacy, having once served as the site of the Avonbank Cheese and Butter Factory before transitioning into a family-run upholstery business.
    Ask Zara a follow-up
    Well
    Sewer
    Septic
  8. Parking & garage

    3
    Garage
    None
    Parking spaces
    10
    Driveway
    Private
  9. Interior

    6
    Basement
    Unfinished
    Family room
    Y
    Kitchens
    1
    Total rooms
    11
    Elevator
    N
    Accessibility
    Y
  10. Exterior & construction

    6
    Exterior
    Vinyl Siding
    Roof
    Metal
    Foundation
    Poured Concrete, Stone
    View
    Pasture, Trees/Woods, River
    Waterfront
    Y
    Pool
    None
  11. Lot & land

    2
    Year built
    100+
    Zoning
    A
  12. Listing & possession

    3
    Possession
    2025-10-20T00:00:00.000-00:00
    Property style
    2-Storey
    Property class
    Detached
  13. Room-by-room · 15 rooms

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

    Room dimensions

    Main level

    9 rooms
    • Bathroom
      2 Pc Bath
      3.8 × 5.6 ft
    • Bedroom
      11.0 × 19.0 ft
    • Foyer
      5.7 × 13.3 ft
    • Sunroom
      18.4 × 11.2 ft
    • Living Room
      13.0 × 17.5 ft
    • Dining Room
      15.3 × 12.5 ft
    • Bathroom
      2 Pc Bath
      5.5 × 9.0 ft
    • Kitchen
      9.1 × 9.9 ft
    • Primary Bedroom
      13.6 × 19.0 ft

    Second level

    6 rooms
    • Bedroom 3
      14.7 × 8.2 ft
    • Bedroom 4
      12.6 × 17.5 ft
    • Bedroom 2
      9.9 × 12.1 ft
    • Loft
      6.1 × 10.0 ft
    • Bathroom
      4 Pc Bath
      9.5 × 7.7 ft
    • Common Room
      15.7 × 10.7 ft
    Combined estimate
    $4,808
    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
    $4,421
    /mo
    based on the purchase price of $899,900
    $179,980 cash
    $719,920 financed
    $606,362 total interest
    Monthly payment$4,421/ month
    Principal54%$719,920
    Interest46%$606,362

    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.

    or send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    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 Perth South

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

    • 5515 LINE 2
      Sold
      Sign in for price
      5515 LINE 2
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    4740 16 LineThis home6 / 325,003,000$899,900ask———
    5515 LINE 25 / 47,111—
    Sold prices are hidden under TRREB rules. to reveal them.
    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.

  14. One team, no handoffs

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

  15. Showings on YOUR schedule

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

  16. Mortgage that closes

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

  17. Public listing courtesy of RE/MAX A-B Realty Ltd · displayed on Summitly per MLS® data-share rules

    4740 16 Line is a 6-bedroom, 3-bath, 2500-3000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  18. When was 4740 16 Line built?

    4740 16 Line was built in 100+. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  19. What is the property tax for 4740 16 Line?

    The 'Property tax' tab in the History section shows the most recent annual tax for 4740 16 Line plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  20. How much would the monthly mortgage be on 4740 16 Line?

    The affordability calculator on this page shows an estimated monthly mortgage for $899,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  21. Has 4740 16 Line been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 4740 16 Line with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  22. What neighbourhood is 4740 16 Line in?

    4740 16 Line is in Downie, Perth South. The 'Neighbourhood' section below links to the live Perth South real estate hub with average sold price, days on market, and current inventory.

  23. Is Perth South a good place to live?

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