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Coldwell Banker Summit Realty

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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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    905-553-8500
    HomeBuySell
    For sale On market 205 daysPrice drop · $60,000 off (-26.2%)

    502180 Highway 89

    ·East Luther Grand Valley, ON··

      0
    East Luther Grand Valley real estate›X9032556
    • 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

    For more info on this property, please click the Brochure button below. This picturesque half-acre building lot is a rare find for those looking to escape to a peaceful rural setting. Zoned as rural residential, it's the perfect spot to build your potential dream home. A recent property survey has been completed, giving one peace of mind and clarity on the property's boundaries. Imagine waking up to the sound of birds chirping and falling asleep under the stars, surrounded by nature's serenity. The property is ready for one to bring their vision to life, whether it's a modern farmhouse, a cozy cottage, or a luxurious estate. Its prime location offers convenience and accessibility to nearby towns. You'll be just 10 minutes from Shelburne's charming shops and amenities, 12 minutes from Grand Valley's bustling downtown area, and 25 minutes from Orangeville's vibrant community. Don't miss this opportunity to build your dream home in a serene and scenic setting.

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

    AI highlights by Zara
    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
    Jul 26, 2026Price reducedCurrentReduced$169,000−$60,000 (26.2%)X9032556This page
    Jul 10, 2024ListedCurrentFor sale$229,000 —X9032556This 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

      2
      Water source
      None
      Sewer
      None
    Location & lifestyle

    Getting around, schools & the block

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

    📍 502180 Highway 89
    What's nearby

    Points of interest classified by the MLS® feed.

    • Rec./Commun.Centre
    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
    $830
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $75
    0.53% mill rate · ON
    The market

    How this home sits in the East Luther Grand Valley market

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

    The East Luther Grand Valley market right now

    Average sold price, days on market, and closed-transaction count for East Luther Grand Valley — sourced from MLS®.

    • Avg sold price
      $653,421
      Last 30 days
    • Median sold price
      $643,750
      Middle of the market
    • Days on market
      50 d
      Avg from list to close
    • Closed last 30d
      14
      MLS® transactions
    Full East Luther Grand Valley market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 502180 Highway 89 — 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 502180 Highway 89 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 502180 Highway 89 listed for?

      502180 Highway 89 is listed at $169,000 on the MLS® (listing X9032556). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 502180 Highway 89 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. Vacant Land
  2. < .50 ac lot
  3. Asking
    $169,000
    MLS® X9032556
    Chat Zara
    Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $653,421
    $601,147Confidence range$705,695
    Asking vs estimate
    ↓below
    −$484,421
    (-74.1%)
    Asking is below estimate
    Run the affordability numbers

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

    Market analytics

    Homes like this in East Luther Grand Valley sell in about 50 days — this one has been listed 205 days.

    Avg sold price
    $653,421
    Median sold
    $643,750
    Avg days on market
    50
    Recently sold
    14
    See comparable sales
    For more info on this property, please click the Brochure button below.
  4. This picturesque half-acre building lot is a rare find for those looking to escape to a peaceful rural setting.
  5. Zoned as rural residential, it's the perfect spot to build your potential dream home.
  6. Its prime location offers convenience and accessibility to nearby towns.
  7. Ask Zara a follow-up

    Parking & garage

    3
    Garage
    None
    Parking spaces
    4
    Driveway
    Lane
  8. Exterior & construction

    1
    Pool
    None
  9. Lot & land

    1
    Zoning
    RR
  10. Listing & possession

    3
    Occupancy
    Negotiable
    Property style
    Other
    Property class
    Vacant Land
  11. Combined estimate
    $905
    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
    $830
    /mo
    based on the purchase price of $169,000
    $33,800 cash
    $135,200 financed
    $113,874 total interest
    Monthly payment$830/ month
    Principal54%$135,200
    Interest46%$113,874

    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 vacant lands that just sold in East Luther Grand Valley

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

    • 0 Concession 10
      Sold
      Sign in for price
      0 Concession 10
      Vacant Land
    AddressBd / BaSqftSold$/sqft% of askSold
    502180 Highway 89This home0 / 0—$169,000ask———
    0 Concession 100 / 0700—
    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.

  12. One team, no handoffs

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

  13. Showings on YOUR schedule

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

  14. Mortgage that closes

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

  15. Public listing courtesy of EASY LIST REALTY LTD. · displayed on Summitly per MLS® data-share rules

    502180 Highway 89 is a vacant land at East Luther Grand Valley, ON. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  16. When was 502180 Highway 89 built?

    The year built for 502180 Highway 89 isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  17. What is the property tax for 502180 Highway 89?

    The 'Property tax' tab in the History section shows the most recent annual tax for 502180 Highway 89 plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  18. How much would the monthly mortgage be on 502180 Highway 89?

    The affordability calculator on this page shows an estimated monthly mortgage for $169,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  19. Has 502180 Highway 89 been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 502180 Highway 89 with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  20. What neighbourhood is 502180 Highway 89 in?

    502180 Highway 89 is in Rural East Luther Grand Valley, East Luther Grand Valley. The 'Neighbourhood' section below links to the live East Luther Grand Valley real estate hub with average sold price, days on market, and current inventory.

  21. Is East Luther Grand Valley a good place to live?

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