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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 72 daysPrice drop · $20,000 off (-7.4%)

    55 Thompson Avenue

    Native Leased Lands·Native Leased Lands, ON·N0H 2G0·Near Thompson Ave. & Bruce Road 13

    Native Leased Lands real estate›X12984866
    • 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

    Come see this truly amazing, leased land cottage retreat, just a short walk to the beautiful sandy shores of Lake Huron at Frenchman Bay Beach where you'll experience endless beach days and mesmerizing sunsets. Nestled on a quiet road between Sauble Beach and Southampton the cottage is perched high and dry on an incredibly private lot where you are immersed in the natural landscape with mature trees, perennial plantings, and the sights and sound of nature all around. The expansive west facing covered deck is a key highlight of this property and seamlessly blends indoor and outdoor living - perfect for morning coffee, family BBQ's, or simply relaxing and taking in the glow of the sunset sky through the trees as you wind down another blissful day at the cottage. The cottage features an open concept eat-in kitchen & living room anchored by a gas fireplace with access to the covered deck, three comfortable bedrooms, a convenient two-piece bathroom with separate shower, plus a versatile den that could easily be converted to a 4th bedroom or laid-back work-from-cottage office space. Key infrastructure updates offer peace of mind: new septic system (2021), new sand point well (2025), updated 100-amp electrical panel (2020), propane gas fireplace (2020), and vinyl windows throughout. Additional perks include a storage shed, plenty of space for parking, lower flagstone patio area, tons of underdeck storage for the cottage toys, and most furnishings included. This is more than just a cottage - it's a unique opportunity to have your slice of cottage country, close to sand beach, at a good price and reasonable lease rate.

    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
    Jun 20, 2026Price reducedCurrentReduced$249,900−$20,000 (7.4%)X12984866This page
    Apr 10, 2026ListedCurrentFor sale$269,900 —X12984866This 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
      Other
      Air conditioning
      None
      Fireplaces
      1
      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.

    📍 55 Thompson Avenue
    What's nearby

    Points of interest classified by the MLS® feed.

    • Beach
    • Lake Access
    • 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
    $1,228
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $137
    0.66% mill rate · ON
    The market

    How this home sits in the Native Leased Lands market

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

    The Native Leased Lands market right now

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

    • Avg sold price
      $255,779
      Last 30 days
    • Median sold price
      $247,500
      Middle of the market
    • Days on market
      21 d
      Avg from list to close
    • Closed last 30d
      14
      MLS® transactions
    Full Native Leased Lands market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 55 Thompson Avenue — 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 55 Thompson Avenue 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 55 Thompson Avenue listed for?

      55 Thompson Avenue is listed at $249,900 on the MLS® (listing X12984866). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 55 Thompson Avenue 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 beds
  2. 1 bath
  3. 700-1100 sqft
  4. Detached
  5. Asking
    $249,900
    $0 / sqft · MLS® X12984866
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $255,779
    $235,317Confidence range$276,241
    Asking vs estimate
    ≈in-line
    −$5,879
    (-2.3%)
    Asking is in line
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 3 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Native Leased Lands sell in about 21 days — this one has been listed 72 days.

    Avg sold price
    $255,779
    Median sold
    $247,500
    Avg days on market
    21
    Recently sold
    14
    See comparable sales
    AI highlights by Zara
    • Key infrastructure updates offer peace of mind: new septic system (2021), new sand point well (2025), updated 100-amp electrical panel (2020), propane gas fireplace (2020), and vinyl windows throughout.
    • Additional perks include a storage shed, plenty of space for parking, lower flagstone patio area, tons of underdeck storage for the cottage toys, and most furnishings included.
    Ask Zara a follow-up
    Well
    Sewer
    Septic
  7. Parking & garage

    3
    Garage
    None
    Parking spaces
    3
    Driveway
    Private
  8. Interior

    4
    Basement
    None
    Family room
    N
    Kitchens
    1
    Total rooms
    6
  9. Exterior & construction

    5
    Exterior
    Vinyl Siding, Wood
    Roof
    Asphalt Shingle
    Foundation
    Piers, Other
    View
    Trees/Woods
    Pool
    None
  10. Lot & land

    1
    Zoning
    Leased Land
  11. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    Bungaloft
    Property class
    Detached
  12. Room-by-room · 7 rooms

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

    Room dimensions

    Main level

    7 rooms
    • Kitchen
      11.7 × 9.7 ft
    • Living Room
      15.7 × 14.2 ft
    • Bedroom
      9.3 × 8.8 ft
    • Den
      9.5 × 9.3 ft
    • Bedroom
      10.3 × 8.5 ft
    • Bathroom
      3 pc bath · separate shower
      8.6 × 11.0 ft
    • Bedroom
      10.3 × 8.5 ft
    Combined estimate
    $1,365
    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
    $1,228
    /mo
    based on the purchase price of $249,900
    $49,980 cash
    $199,920 financed
    $168,385 total interest
    Monthly payment$1,228/ month
    Principal54%$199,920
    Interest46%$168,385

    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.

    Comparable detacheds that just sold in Native Leased Lands

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

    • 26 Mohawk Drive
      Sold
      Sign in for price
      26 Mohawk Drive
      Detached
    • 13 3RD AVE S Avenue
      Sold
      Sign in for price
      13 3RD AVE S Avenue
      Detached
    • 45 SOG JE WA SA Drive
      Sold
      Sign in for price
      45 SOG JE WA SA Drive
      Detached
    • 19 5th Avenue South Avenue
      Sold
      Sign in for price
      19 5th Avenue South Avenue
      Detached
    • 199 Thompson Avenue
      Sold
      Sign in for price
      199 Thompson Avenue
      Detached
    • 49 Thompson Avenue
      Sold
      Sign in for price
      49 Thompson Avenue
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    55 Thompson AvenueThis home3 / 17,001,100$249,900ask———
    26 Mohawk Drive3 / 1700—
    13 3RD AVE S Avenue2 / 11,100—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Native Leased Lands

    Active listings within ±20% of this asking price.

    • 1076 FRENCH BAY Road
      $215,000
      1076 FRENCH BAY Road
      Detached 4 1
    • 639 BRUCE ROAD 13
      $299,000
      639 BRUCE ROAD 13
      Detached 3 2
    • 204 Ogimah Road
      $229,900
      204 Ogimah Road
      Detached 2 2
    • 269 Ogimah Road
      $225,000
      269 Ogimah Road
      Detached 3 1
    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.

  13. One team, no handoffs

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

  14. Showings on YOUR schedule

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

  15. Mortgage that closes

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

  16. Public listing courtesy of Wilfred McIntee & Co Limited · displayed on Summitly per MLS® data-share rules

    55 Thompson Avenue is a 3-bedroom, 1-bath, 700-1100 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  17. When was 55 Thompson Avenue built?

    The year built for 55 Thompson Avenue isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  18. What is the property tax for 55 Thompson Avenue?

    The 'Property tax' tab in the History section shows the most recent annual tax for 55 Thompson Avenue plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  19. How much would the monthly mortgage be on 55 Thompson Avenue?

    The affordability calculator on this page shows an estimated monthly mortgage for $249,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  20. Has 55 Thompson Avenue been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 55 Thompson Avenue with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  21. What neighbourhood is 55 Thompson Avenue in?

    55 Thompson Avenue is in Native Leased Lands, Native Leased Lands. The 'Neighbourhood' section below links to the live Native Leased Lands real estate hub with average sold price, days on market, and current inventory.

  22. Is Native Leased Lands a good place to live?

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

  23. 45 SOG JE WA SA Drive
    3 / 2
    700
    —
    19 5th Avenue South Avenue3 / 1700—
    199 Thompson Avenue3 / 1700—
    49 Thompson Avenue2 / 1700—