7 Cherokee Lane is a 3-bedroom, 2-bathroom modular home in Ashfield-Colborne-Wawanosh, listed for $360,000. It has 1100-1500 sq ft of living space.
1Natural light, gas fireplace and warm tones make your day-to-day living space comfortable and inviting.
2The primary bedroom offers a walk-in closet and a private ensuite complete with a soaker tub. 4pc main bath and 2 additional bedrooms offer great guest space, home office or den.
3 Bed, 2 Bath Modular Home in Ashfield-Colborne-Wawanosh
About 7 Cherokee Lane
Enjoy relaxed retirement living in this beautifully maintained 3-bedroom bungalow. Meticulously kept inside and out, this home features an open floor plan with practicality in mind. Natural light, gas fireplace and warm tones make your day-to-day living space comfortable and inviting. The primary bedroom offers a walk-in closet and a private ensuite complete with a soaker tub. 4pc main bath and 2 additional bedrooms offer great guest space, home office or den. The outdoor space at this home is such a bonus. Front covered porch with spacious wrap around deck make it easy to host family & friends. The new metal roof and large shed with hydro are additional features that make this property stand out among the rest. Access to one of the most beautiful beaches in the area makes this community well sought after. Trail access nearby, the recreation centre close at hand, and golf just a short distance away, there's plenty to enjoy. Most of all, the friendly community makes it easy to connect with neighbours and feel at home. A wonderful opportunity to enjoy a comfortable, active lifestyle with nature, recreation and community all around you.
3 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $327 per square foot. Chat with Zara if you'd like a deeper read on whether this modular home fits your budget and timing.
Inside 7 Cherokee Lane
Every detail from the listing, in one place.
Type
Modular Home
Style
Bungalow
Living space
1100-1500 sq ftas stated on the listing
Parking
2 spaces
Basement
None
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Modular Home
7 Cherokee Lane Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14127556$360,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 7 Cherokee Lane Compares to the Ashfield-Colborne-Wawanosh 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
$1,769
/mo
based on the purchase price of $360,000
$72,000 cash
$288,000 financed
$242,572 total interest
Principal54%$288,000
Interest46%$242,572
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.
For homeowners nearby
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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 Ashfield-Colborne-Wawanosh
Other 2–3 bed homes for sale in Ashfield-Colborne-Wawanosh around $360K.
Average days on market88Homes sold in about 88 days on average.
Sale-to-list ratio92.6%On average, homes sold below asking.
Active listings104Homes for sale here right now.
Median vs prior 90 days−1.6%Compared with May 2 – Jul 31, 2026: prices down.
Based on 33 sales from Jul 31 – Oct 29, 2026 (28 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 7 Cherokee Lane
How much is 7 Cherokee Lane listed for?
7 Cherokee Lane is listed at $360,000 (MLS® X14127556). Summitly updates the price as soon as the MLS® record changes.
Is $360,000 a good price for 7 Cherokee Lane?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Ashfield-Colborne-Wawanosh. 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 7 Cherokee Lane changed?
No — 7 Cherokee Lane is still listed at its original asking price of $360,000.
How many bedrooms and bathrooms does 7 Cherokee Lane have?
7 Cherokee Lane has 3 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a modular home in Ashfield-Colborne-Wawanosh.
How much would the monthly mortgage be on 7 Cherokee Lane?
About $1,769 a month — principal and interest on $360,000 with 20% down ($72,000), 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 7 Cherokee Lane compare with other homes in Ashfield-Colborne-Wawanosh?
Its asking price of $360,000 is about 20% below the median sold price in Ashfield-Colborne-Wawanosh over the last 90 days, $450,000, across 33 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 7 Cherokee Lane been sold before?
Summitly has no earlier MLS® sale or lease of 7 Cherokee Lane on record from the last two years. Older records aren't shown under TRREB rules.
Where is 7 Cherokee Lane?
7 Cherokee Lane is in Ashfield-Colborne-Wawanosh, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 7 Cherokee Lane been on the market?
7 Cherokee Lane was listed today (October 29, 2026).
What is the price per square foot of 7 Cherokee Lane?
About $240 to $327 per square foot: the asking price of $360,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 7 Cherokee Lane have parking or a garage?
Yes — the listing gives 2 parking spaces.
Does 7 Cherokee Lane have a basement, and is it finished?
