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Coldwell Banker Summit Realty

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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 Listed 6 days ago

    5a Raven Lane

    ·Bancroft, ON··

    • 2 beds
    Bancroft real estate›X12192640
    • 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

    Welcome to 5A Raven Lane, a charming 3-season lakeside cottage just minutes from Bancroft. This fully furnished 2-bedroom, 1-bath getaway sits on a private 0.25 acre lot with 53 feet of clean, weed-free shoreline on the tranquil Riddell Lake. Freshly renovated and move-in ready, the open-concept interior features a bright kitchen, cozy living and family room, and uninterrupted lake views from nearly every window. Take in the breathtaking sunset, from the claw bathtub overlooking the lake, or walk out from the dining area to a private deck. There is no shortage of great spaces to embrace all that this cottage has to offer. Stay comfortable spring through fall with a wall-mounted electric heating and cooling unit. Outside, enjoy a spacious fire pit/barbecue area with built-in seating, perfect for roasting marshmallows or cooking up dinner with a view. Step down a tier to nearly 400 square feet of private dock, fantastic for entertaining, sunbathing, and launching your included paddle boards (x2), canoe, or paddle boat. The water is deep and clean off the dock, making it perfect for diving and summer fun. Don't stress about furnishing, as everything you need is included, inside and out. Pull into the private driveway offering an abundance of space for parking fitting 6 vehicles comfortably. Whether you're looking for a peaceful retreat, a family cottage, or a hassle-free rental opportunity, 5A Raven Lane offers the turnkey lifestyle you've been waiting for.

    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 3, 2025ListedCurrentFor sale$499,900 —X12192640This 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

      4
      Heating
      Heat Pump
      Air conditioning
      Wall Unit(s)
      Water source
      Other
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 5a Raven Lane
    What's nearby

    Points of interest classified by the MLS® feed.

    • Golf
    • Hospital
    • Lake Access
    • Lake/Pond
    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
    $169
    0.41% mill rate · ON
    The market

    How this home sits in the Bancroft market

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

    The Bancroft market right now

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

    • Avg sold price
      $436,530
      Last 30 days
    • Median sold price
      $400,000
      Middle of the market
    • Days on market
      58 d
      Avg from list to close
    • Closed last 30d
      59
      MLS® transactions
    Full Bancroft market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 5a Raven Lane — 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 5a Raven Lane 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 5a Raven Lane listed for?

      5a Raven Lane is listed at $499,900 on the MLS® (listing X12192640). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 5a Raven Lane 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. 1 bath
  2. < 700 sqft
  3. Other
  4. Built 51-99
  5. < .50 ac lot
  6. Asking
    $499,900
    $714 / sqft · MLS® X12192640
    Chat Zara
  7. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $318,667
    $293,174Confidence range$344,160
    Asking vs estimate
    ↑↑well-above
    +$181,233
    (+56.9%)
    Asking is well above
    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 Bancroft sell in about 58 days — this one has been listed 6 days.

    Avg sold price
    $436,530
    Median sold
    $400,000
    Avg days on market
    58
    Recently sold
    59
    See comparable sales
    Walk through online
    Listing agent has provided a interactive tour
    Open virtual tour
    AI highlights by Zara
    • Freshly renovated and move-in ready, the open-concept interior features a bright kitchen, cozy living and family room, and uninterrupted lake views from nearly every window.
    • There is no shortage of great spaces to embrace all that this cottage has to offer.
    • Outside, enjoy a spacious fire pit/barbecue area with built-in seating, perfect for roasting marshmallows or cooking up dinner with a view.
    • Pull into the private driveway offering an abundance of space for parking fitting 6 vehicles comfortably.
    Ask Zara a follow-up
    Septic
  8. Parking & garage

    3
    Garage
    None
    Parking spaces
    6
    Driveway
    Private
  9. Interior

    5
    Basement
    Crawl Space
    Family room
    Y
    Kitchens
    1
    Total rooms
    6
    Elevator
    N
  10. Exterior & construction

    6
    Exterior
    Aluminum Siding, Vinyl Siding
    Roof
    Metal
    Foundation
    Piers
    View
    Lake
    Waterfront
    Y
    Pool
    None
  11. Lot & land

    1
    Year built
    51-99
  12. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    Bungalow
    Property class
    Other
  13. Room-by-room · 6 rooms

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

    Room dimensions

    Main level

    6 rooms
    • Living Room
      wood · vaulted ceiling(s) · combined w/kitchen
      13.1 × 10.0 ft
    • Kitchen
      wood · vaulted ceiling(s) · w/o to patio
      12.2 × 10.0 ft
    • Family Room
      wood · sunken room · large window
      11.2 × 8.5 ft
    • Primary Bedroom
      wood · sliding doors · window
      9.4 × 7.0 ft
    • Bedroom 2
      wood · window
      9.4 × 7.0 ft
    • Dining Room
      wood · w/o to patio · large window
      13.6 × 8.5 ft
  14. Rec./Commun.Centre
  15. School
  16. Combined estimate
    $2,625
    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 $499,900
    $99,980 cash
    $399,920 financed
    $336,838 total interest
    Monthly payment$2,456/ month
    Principal54%$399,920
    Interest46%$336,838

    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.

    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.

  17. One team, no handoffs

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

  18. Showings on YOUR schedule

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

  19. Mortgage that closes

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

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

    5a Raven Lane is a 2-bedroom, 1-bath, < 700 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  21. When was 5a Raven Lane built?

    5a Raven Lane was built in 51-99. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  22. What is the property tax for 5a Raven Lane?

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

  23. How much would the monthly mortgage be on 5a Raven Lane?

    The affordability calculator on this page shows an estimated monthly mortgage for $499,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  24. Has 5a Raven Lane been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 5a Raven Lane with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  25. What neighbourhood is 5a Raven Lane in?

    5a Raven Lane is in Faraday, Bancroft. The 'Neighbourhood' section below links to the live Bancroft real estate hub with average sold price, days on market, and current inventory.

  26. Is Bancroft a good place to live?

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