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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
$912
/mo
based on the purchase price of $185,700
$37,140 cash
$148,560 financed
$125,127 total interest
Principal54%$148,560
Interest46%$125,127
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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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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.
Average days on market40Homes sold in about 40 days on average.
Sale-to-list ratio96.4%On average, homes sold below asking.
Active listings40Homes for sale here right now.
Median vs prior 90 days−6.7%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 21 sales from Jul 24 – Oct 22, 2026 (16 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 56 Reid St
How much is 56 Reid St listed for?
56 Reid St is listed at $185,700 (MLS® X13571284). Summitly updates the price as soon as the MLS® record changes.
Has the price of 56 Reid St changed?
No — 56 Reid St is still listed at its original asking price of $185,700.
How many bedrooms and bathrooms does 56 Reid St have?
The listing for 56 Reid St doesn't publish its bedroom and bathroom count. It is a lot in South Bruce.
How much would the monthly mortgage be on 56 Reid St?
About $912 a month — principal and interest on $185,700 with 20% down ($37,140), 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 56 Reid St compare with other homes in South Bruce?
Its asking price of $185,700 is about 60% below the median sold price in South Bruce over the last 90 days, $470,000, across 21 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 56 Reid St been sold before?
Summitly has no earlier MLS® sale or lease of 56 Reid St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 56 Reid St?
56 Reid St is in South Bruce, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 56 Reid St been on the market?
98 days — 56 Reid St was listed on July 16, 2026.
What is the land transfer tax on 56 Reid St?
About $1,582 in Ontario land transfer tax at the asking price of $185,700. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 56 Reid St or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 56 Reid St?
The listing for 56 Reid St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for South Bruce.
When was 56 Reid St built?
The listing for 56 Reid St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.