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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 132 daysPrice drop · $70,000 off (-10.5%)

    56 Lorne Avenue

    ·Collingwood, ON··

    • 2 beds
    Collingwood real estate›S12890242
    • 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

    Comfortable and well maintained four bedroom raised bungalow, with approximately 1700 square feet in Collingwood. The versatile layout of this home provides great functionality and in-law capability with two good sized bedrooms, bathroom AND living space on both levels. The thoughtful design caters to growing families, couples and guests. If you don't need four bedrooms, any of the rooms could also serve as an office, playroom, den or studio. The kitchen with its combined dining area features direct access to the outside deck for summer BBQs. Additional features include gas fireplaces on each level, large windows, lots of storage, spacious living areas and on-demand water heater. The exterior features a corner lot with fenced yard, providing a secure and private outdoor oasis ideal for families with children or pets, as well as a dedicated space for summer entertaining and gardening. For the active members of your household you will find skating, swimming, fitness and an assortment of recreational activities directly across the street at the community center and arena. It doesn't get more convenient than this! (Roof 2021)

    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$599,000−$70,000 (10.5%)S12890242This page
    Mar 17, 2026ListedCurrentFor sale$669,000 —S12890242This 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
      Wall Unit(s)
      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.

    📍 56 Lorne Avenue
    What's nearby

    Points of interest classified by the MLS® feed.

    • Fenced Yard
    • Hospital
    • Rec./Commun.Centre
    • School
    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
    $2,943
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $268
    0.54% mill rate · ON
    The market

    How this home sits in the Collingwood market

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

    The Collingwood market right now

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

    • Avg sold price
      $821,592
      Last 30 days
    • Median sold price
      $711,250
      Middle of the market
    • Days on market
      46 d
      Avg from list to close
    • Closed last 30d
      154
      MLS® transactions
    Full Collingwood market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 56 Lorne 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 56 Lorne 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 56 Lorne Avenue listed for?

      56 Lorne Avenue is listed at $599,000 on the MLS® (listing S12890242). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 56 Lorne 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. 2 baths
  2. 700-1100 sqft
  3. Detached
  4. Built 31-50
  5. Asking
    $599,000
    $0 / sqft · MLS® S12890242
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $599,762
    $551,781Confidence range$647,743
    Asking vs estimate
    ≈in-line
    −$762
    (-0.1%)
    Asking is in line
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 2 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Collingwood sell in about 46 days — this one has been listed 132 days.

    Avg sold price
    $821,592
    Median sold
    $711,250
    Avg days on market
    46
    Recently sold
    154
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    The versatile layout of this home provides great functionality and in-law capability with two good sized bedrooms, bathroom AND living space on both levels.
  7. The kitchen with its combined dining area features direct access to the outside deck for summer BBQs.
  8. Additional features include gas fireplaces on each level, large windows, lots of storage, spacious living areas and on-demand water heater.
  9. The exterior features a corner lot with fenced yard, providing a secure and private outdoor oasis ideal for families with children or pets, as well as a dedicated space for summer entertaining and gardening.
  10. Ask Zara a follow-up
    Municipal
    Sewer
    Sewer
  11. Parking & garage

    3
    Garage
    None
    Parking spaces
    4
    Driveway
    4
  12. Interior

    5
    Basement
    Full
    Family room
    Y
    Kitchens
    1
    Total rooms
    5
    Laundry level
    Lower Level
  13. Exterior & construction

    4
    Exterior
    Brick, Vinyl Siding
    Roof
    Asphalt Shingle
    Foundation
    Concrete
    Pool
    None
  14. Lot & land

    2
    Year built
    31-50
    Zoning
    R3
  15. Listing & possession

    4
    Possession
    2026-07-30T00:00:00.000-00:00
    Occupancy
    Preferred
    Property style
    Bungalow-Raised
    Property class
    Detached
  16. Room-by-room · 11 rooms

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

    Room dimensions

    Main level

    6 rooms
    • Dining Room
      combined w/kitchen · walk-out
      7.9 × 10.2 ft
    • Bedroom 2
      11.8 × 10.2 ft
    • Living Room
      gas fireplace · hardwood floor
      17.2 × 13.3 ft
    • Bathroom
      4 Pc Bath
      10.2 × 7.6 ft
    • Primary Bedroom
      14.8 × 10.9 ft
    • Kitchen
      combined w/dining · pantry
      10.7 × 10.2 ft

    Lower level

    5 rooms
    • Bedroom 4
      14.2 × 9.5 ft
    • Bedroom 3
      14.2 × 11.5 ft
    • Bathroom
      2 Pc Bath
      6.1 × 5.6 ft
    • Family Room
      Gas Fireplace
      16.8 × 11.7 ft
    • Laundry
      16.4 × 9.5 ft
  17. Level
  18. Combined estimate
    $3,211
    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
    $2,943
    /mo
    based on the purchase price of $599,000
    $119,800 cash
    $479,200 financed
    $403,612 total interest
    Monthly payment$2,943/ month
    Principal54%$479,200
    Interest46%$403,612

    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 Collingwood

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

    • 37 Wilson Street
      Sold
      Sign in for price
      37 Wilson Street
      Detached
    • 37 Kells Crescent
      Sold
      Sign in for price
      37 Kells Crescent
      Detached
    • 639 Saint Marie Street
      Sold
      Sign in for price
      639 Saint Marie Street
      Detached
    • 176 Bartlett Boulevard
      Sold
      Sign in for price
      176 Bartlett Boulevard
      Detached
    • 8 Harben Court
      Sold
      Sign in for price
      8 Harben Court
      Detached
    • 48 Mclean Avenue
      Sold
      Sign in for price
      48 Mclean Avenue
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    56 Lorne AvenueThis home2 / 27,001,100$599,000ask———
    37 Wilson Street4 / 41,500—
    37 Kells Crescent3 / 31,500—
    Sold prices are hidden under TRREB rules. to reveal them.

    More detacheds in Collingwood

    Active listings within ±20% of this asking price.

    • 457 Maple Street
      $599,000
      457 Maple Street
      Detached 2 1
    • 488 Maple Street
      $638,500
      488 Maple Street
      Detached 2 2
    • 104 Spruce Street
      $599,900
      104 Spruce Street
      Detached 4 2
    • 32 Lorne Avenue
      $499,000
      32 Lorne Avenue
      Detached 3 1
    • 62 Courtice Crescent
      $614,000
      62 Courtice Crescent
      Detached 3 2
    • 47 Market Street
      $689,000
      47 Market Street
      Detached 3 2
    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.

  19. One team, no handoffs

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

  20. Showings on YOUR schedule

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

  21. Mortgage that closes

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

  22. Public listing courtesy of Royal LePage Locations North · displayed on Summitly per MLS® data-share rules

    56 Lorne Avenue is a 2-bedroom, 2-bath, 700-1100 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  23. When was 56 Lorne Avenue built?

    56 Lorne Avenue was built in 31-50. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  24. What is the property tax for 56 Lorne Avenue?

    The 'Property tax' tab in the History section shows the most recent annual tax for 56 Lorne Avenue plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  25. How much would the monthly mortgage be on 56 Lorne Avenue?

    The affordability calculator on this page shows an estimated monthly mortgage for $599,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  26. Has 56 Lorne Avenue been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 56 Lorne Avenue with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  27. What neighbourhood is 56 Lorne Avenue in?

    56 Lorne Avenue is in Collingwood, Collingwood. The 'Neighbourhood' section below links to the live Collingwood real estate hub with average sold price, days on market, and current inventory.

  28. Is Collingwood a good place to live?

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

  29. 639 Saint Marie Street
    2 / 2
    1,100
    —
    176 Bartlett Boulevard4 / 53,500—
    8 Harben Court3 / 2700—
    48 Mclean Avenue4 / 32,000—