Available on mobile

Take Summitly with you.

Browse listings, get instant alerts, and talk to your AI concierge — all from your pocket.

Download on theApp StoreGet it onGoogle Play

Weekly market briefing

The smartest move starts here.

Curated listings, price trends, and neighbourhood insights — delivered Sunday morning.

Summitly

Your trusted partner in real estate. We help you find your perfect home, make informed decisions, and connect with expert professionals across Canada.

Coldwell Banker Summit Realty

Explore

Map SearchBrowse ListingsBrowse RentalsSold HomesOpen Houses

Sell & Rent

Sell Your HomeHome ValuationList Your Rental — FreeRental PricingRenting on Summitly

Resources

CalculatorsGet Pre-QualifiedNews & InsightsGuidesAI ConciergeFranchise

Company

AboutContactFind a RealtorCareers — Join SummitlyFAQs
310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

Privacy PolicyTerms of UseCookiesSitemap

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.

    Summitly
    Buy
    Sell
    Rent
    Pre-con
    Meet ZaraMy HomeNews & Insights
    HomeBuySell
    For sale On market 139 daysPrice drop · $20,000 off (-3.8%)

    5840 Lancer Avenue

    Manotick East to Manotick Station·Manotick, ON·K4M 0A5·Near Meadowshire

    • < 700 sqft
    Manotick real estate›X12047014
    • 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

    An exceptional location within an incredible community! Ideal location that allows for an easy commute! A VERY appealing & manageable lot size in Rideau Forest that is priced to SELL! NORTH WEST facing backyard! SUN all afternoon! This lot is 163 feet wide x 381 feet deep, just under an acre & a half!

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

    AI highlights by Zara
    • An exceptional location within an incredible community!
    • A VERY appealing & manageable lot size in Rideau Forest that is priced to SELL!
    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 16, 2026Price reducedCurrentReduced$500,000−$20,000 (3.8%)X12047014This page
    Mar 27, 2025ListedCurrentFor sale$520,000 —X12047014This page
    Jul 10, 2024Previously listedTer$550,000 —X9442289View
    May 9, 2024Previously listedTer$580,000 —X9427407View
    Jan 15, 2024Previously listedTer$539,000 —X9432323View
    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.

    📍 5840 Lancer Avenue
    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
    $2,456
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $195
    0.47% mill rate · ON
    The market

    How this home sits in the Manotick market

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

    The Manotick market right now

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

    • Avg sold price
      $1,196,357
      Last 30 days
    • Median sold price
      $1,113,750
      Middle of the market
    • Days on market
      53 d
      Avg from list to close
    • Closed last 30d
      30
      MLS® transactions
    Full Manotick market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 5840 Lancer 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 5840 Lancer 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 5840 Lancer Avenue listed for?

      5840 Lancer Avenue is listed at $500,000 on the MLS® (listing X12047014). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 5840 Lancer 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. Vacant Land
  2. .50-1.99 ac lot
  3. Asking
    $500,000
    $714 / sqft · MLS® X12047014
    Chat Zara
  4. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,196,357
    $1,100,648Confidence range$1,292,066
    Asking vs estimate
    ↓below
    −$696,357
    (-58.2%)
    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 Manotick sell in about 53 days — this one has been listed 139 days.

    Avg sold price
    $1,196,357
    Median sold
    $1,113,750
    Avg days on market
    53
    Recently sold
    30
    See comparable sales
  5. NORTH WEST facing backyard!
  6. This lot is 163 feet wide x 381 feet deep, just under an acre & a half!
  7. Ask Zara a follow-up

    Lot & land

    1
    Zoning
    residential
  8. Listing & possession

    3
    Possession
    2025-05-01T00:00:00.000-00:00
    Property style
    Other
    Property class
    Vacant Land
  9. Combined estimate
    $2,651
    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
    $2,456
    /mo
    based on the purchase price of $500,000
    $100,000 cash
    $400,000 financed
    $336,905 total interest
    Monthly payment$2,456/ month
    Principal54%$400,000
    Interest46%$336,905

    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 and real property tax.

    Comparable vacant lands that just sold in Manotick

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

    • 1082 BOUCHER Crescent
      Sold
      Sign in for price
      1082 BOUCHER Crescent
      Vacant Land
    • 6584 RIDEAU VALLEY Drive
      Sold
      Sign in for price
      6584 RIDEAU VALLEY Drive
      Vacant Land
    AddressBd / BaSqftSold$/sqft% of askSold
    5840 Lancer AvenueThis home0 / 0700$500,000ask$714——
    1082 BOUCHER Crescent0 / 0——
    6584 RIDEAU VALLEY Drive0 / 0——
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More vacant lands in Manotick

    Active listings within ±20% of this asking price.

    • 2331 Kilchurn Terrace
      $495,000
      2331 Kilchurn Terrace
      Vacant Land
    • 5624 & 5628 Main Street
      $499,900
      5624 & 5628 Main Street
      Vacant Land
    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.

  10. One team, no handoffs

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

  11. Showings on YOUR schedule

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

  12. Mortgage that closes

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

  13. Public listing courtesy of RE/MAX ABSOLUTE REALTY INC. · displayed on Summitly per MLS® data-share rules

    5840 Lancer Avenue is a < 700 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  14. When was 5840 Lancer Avenue built?

    The year built for 5840 Lancer Avenue isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  15. What is the property tax for 5840 Lancer Avenue?

    The 'Property tax' tab in the History section shows the most recent annual tax for 5840 Lancer Avenue plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  16. How much would the monthly mortgage be on 5840 Lancer Avenue?

    The affordability calculator on this page shows an estimated monthly mortgage for $500,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  17. Has 5840 Lancer Avenue been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 5840 Lancer Avenue with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  18. What neighbourhood is 5840 Lancer Avenue in?

    5840 Lancer Avenue is in Manotick East to Manotick Station, Manotick. The 'Neighbourhood' section below links to the live Manotick real estate hub with average sold price, days on market, and current inventory.

  19. Is Manotick a good place to live?

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