Welcome to 59 Reid Street, where comfortable living meets a convenient Lakefield location. This street-facing condo offers a welcoming covered porch with stone and pillar accents, along with a paved driveway and attached garage. Inside, the main floor features a primary bedroom with ensuite, a kitchen with an island, and a separate dining room framed by French doors. A two-piece bathroom and bright living room with walkout access to a landscaped patio complete the main level. Downstairs, a spacious family room, office area and third bathroom provide room to relax, work or host guests. Natural gas heating and on-demand hot water add everyday comfort. Just one block from downtown Lakefield, enjoy easy access to local shops, restaurants and amenities, with the convenience of condo-style maintenance.
1 bedroom, 2 bathrooms, about 700 sq ft, works out to roughly $714 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this townhouse fits your budget and timing.
Inside 59 Reid St
Every detail from the listing, in one place.
Type
Townhouse
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
2 spacesYes garage
Basement
Full
Features & systems
Parking & garage
Garage
Yes
Parking spaces
2
Interior
Basement
Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Att/Row/Townhouse
59 Reid St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14179406$499,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 59 Reid St Compares to the Selwyn Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
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
$2,456
/mo
based on the purchase price of $499,900
$99,980 cash
$399,920 financed
$336,838 total interest
Principal54%$399,920
Interest46%$336,838
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.
Similar homes for sale nearby in Selwyn
Other 1-bed homes for sale in Selwyn around $500K.
Average days on market48Homes sold in about 48 days on average.
Sale-to-list ratio97.1%On average, homes sold below asking.
Active listings96Homes for sale here right now.
Median vs prior 90 days−5.5%Compared with May 17 – Aug 15, 2026: prices down.
Based on 102 sales from Aug 15 – Nov 13, 2026 (96 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 59 Reid St
How much is 59 Reid St listed for?
59 Reid St is listed at $499,900 (MLS® X14179406). Summitly updates the price as soon as the MLS® record changes.
Is $499,900 a good price for 59 Reid St?
Summitly rates it Above Market: the asking price is 5% to 15% above Zara's estimate, an estimate built from recent sales in Selwyn. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 59 Reid St changed?
No — 59 Reid St is still listed at its original asking price of $499,900.
How many bedrooms and bathrooms does 59 Reid St have?
59 Reid St has 1 bedroom and 2 bathrooms, with about 700–1,100 square feet of living space. It is a townhouse in Selwyn.
How much would the monthly mortgage be on 59 Reid St?
About $2,456 a month — principal and interest on $499,900 with 20% down ($99,980), 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 59 Reid St compare with other homes in Selwyn?
Its asking price of $499,900 is about 28% below the median sold price in Selwyn over the last 90 days, $690,000, across 102 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 59 Reid St been sold before?
Summitly has no earlier MLS® sale or lease of 59 Reid St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 59 Reid St?
59 Reid St is in Selwyn, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 59 Reid St been on the market?
1 day — 59 Reid St was listed on November 12, 2026.
What is the price per square foot of 59 Reid St?
About $454 to $714 per square foot: the asking price of $499,900 over the 700–1,100 sq ft the listing gives as its size range.
Does 59 Reid St have parking or a garage?
Yes — the listing gives 2 parking spaces. Garage: Yes.
Does 59 Reid St have a basement, and is it finished?
