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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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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 On market 8 days

    702 Highway 124

    McKellar·McKellar, ON·P0G 1C0·Near Centre Road

    • 4 beds
    McKellar real estate›X13467770
    • 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 702 HWY 124. This remarkable raised bungalow offers the perfect blend of modern updates, comfortable family living, and an incredible waterfront lifestyle. Situated on the shores of Lake McKellar, this 4-bedroom, 2-bathroom home is designed to maximize its stunning surroundings. From the moment you arrive, you'll appreciate the impressive curb appeal featuring a massive paved driveway and a 24' x 24' detached garage. Step inside through the spacious mudroom and tiled foyer, where you're welcomed into a bright and inviting open-concept living space. The updated kitchen, dining, and living areas are filled with natural light and showcase beautiful pine ceilings, pot lighting, faux beams, textured feature walls, and modern finishes throughout. A striking stone accent wall with a wood-burning stove creates the perfect gathering place for cozy winter evenings, while expansive windows frame breathtaking lake views. The main level also features a spacious primary retreat complete with a large walk-in closet and a convenient 3-piece bathroom, along with two spacious spare bedrooms. Downstairs you'll find a bright and versatile rec room with open ceilings, a fourth bedroom ideal for guests or a home office, two storage rooms, utility space, and in-suite laundry. Walk out from the lower level to a sunken patio featuring a hot tub overlooking the gorgeous lake with western exposure for all day sun and beautiful sunsets. The backyard is truly the star of the show, offering waterfront access with a private dock for boating, swimming, fishing and endless summer memories. Recent updates include a new roof (2024), new paved driveway (2024), detached garage (2019), new Propane Furnace (2023) updated basement (2021), and dock (2022), offering peace of mind for years to come. Located within walking distance to multiple beaches, parks, baseball diamond, community centre, library and post office, outdoor covered ice rink, local pizza restaurant and the famous McKellar market!

    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 19, 2026ListedCurrentFor sale$929,000 —X13467770This 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

      5
      Heating
      Forced Air
      Air conditioning
      Wall Unit(s)
      Fireplaces
      1
      Water source
    Location & lifestyle

    Getting around, schools & the block

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

    📍 702 Highway 124
    What's nearby

    Points of interest classified by the MLS® feed.

    • Beach
    • Clear View
    • Golf
    • Library
    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
    $4,564
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $266
    0.34% mill rate · ON
    The market

    How this home sits in the McKellar market

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

    The McKellar market right now

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

    • Avg sold price
      $622,625
      Last 30 days
    • Median sold price
      $552,500
      Middle of the market
    • Days on market
      46 d
      Avg from list to close
    • Closed last 30d
      16
      MLS® transactions
    Full McKellar market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 702 Highway 124 — 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 702 Highway 124 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 702 Highway 124 listed for?

      702 Highway 124 is listed at $929,000 on the MLS® (listing X13467770). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 702 Highway 124 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. 2 baths
  2. 1100-1500 sqft
  3. Detached
  4. Built 31-50
  5. < .50 ac lot
  6. Asking
    $929,000
    $0 / sqft · MLS® X13467770
    Chat Zara
  7. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $734,698
    $675,922Confidence range$793,473
    Asking vs estimate
    ↑↑well-above
    +$194,302
    (+26.4%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 4 bedrooms (no sqft on file).

    Market analytics

    Homes like this in McKellar sell in about 46 days — this one has been listed 8 days.

    Avg sold price
    $622,625
    Median sold
    $552,500
    Avg days on market
    46
    Recently sold
    16
    See comparable sales
    AI highlights by Zara
    • From the moment you arrive, you'll appreciate the impressive curb appeal featuring a massive paved driveway and a 24' x 24' detached garage.
    • The updated kitchen, dining, and living areas are filled with natural light and showcase beautiful pine ceilings, pot lighting, faux beams, textured feature walls, and modern finishes throughout.
    • The main level also features a spacious primary retreat complete with a large walk-in closet and a convenient 3-piece bathroom, along with two spacious spare bedrooms.
    • Recent updates include a new roof (2024), new paved driveway (2024), detached garage (2019), new Propane Furnace (2023) updated basement (2021), and dock (2022), offering peace of mind for years to come.
    Ask Zara a follow-up
    Well
    Sewer
    Septic
  8. Parking & garage

    4
    Garage
    Detached
    Garage spaces
    2
    Parking spaces
    9
    Driveway
    Front Yard Parking, Private Double
  9. Interior

    5
    Basement
    Full, Finished, Walk-Out
    Family room
    N
    Kitchens
    1
    Total rooms
    13
    Laundry level
    Lower Level
  10. Exterior & construction

    5
    Exterior
    Vinyl Siding
    Roof
    Asphalt Shingle
    Foundation
    Other
    Waterfront
    Y
    Pool
    None
  11. Lot & land

    2
    Year built
    31-50
    Zoning
    RES
  12. Listing & possession

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

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

    Room dimensions

    Main level

    9 rooms
    • Primary Bedroom
      Ensuite Bath
      14.4 × 10.1 ft
    • Bathroom
      4 Pc Bath
      8.2 × 5.7 ft
    • Bathroom
      3 Pc Bath
      8.2 × 6.0 ft
    • Dining Room
      12.0 × 8.3 ft
    • Bedroom 2
      10.4 × 8.0 ft
    • Living Room
      20.8 × 19.5 ft
    • Bedroom 3
      11.4 × 8.0 ft
    • Kitchen
      12.4 × 12.3 ft
    • Mud Room
      17.3 × 7.3 ft

    Lower level

    4 rooms
    • Recreation
      13.6 × 9.4 ft
    • Utility Room
      Laundry Sink
      22.4 × 13.8 ft
    • Other
      14.0 × 6.6 ft
    • Recreation
      23.6 × 19.5 ft
  14. Other
  15. Park
  16. Combined estimate
    $4,830
    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
    $4,564
    /mo
    based on the purchase price of $929,000
    $185,800 cash
    $743,200 financed
    $625,969 total interest
    Monthly payment$4,564/ month
    Principal54%$743,200
    Interest46%$625,969

    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 detacheds that just sold in McKellar

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

    • 139 Manitou Drive
      Sold
      Sign in for price
      139 Manitou Drive
      Detached
    • 15 LYNDSEY Lane
      Sold
      Sign in for price
      15 LYNDSEY Lane
      Detached
    • 37 Smithpine Crescent
      Sold
      Sign in for price
      37 Smithpine Crescent
      Detached
    • 18 MEHARG Drive
      Sold
      Sign in for price
      18 MEHARG Drive
      Detached
    • 67 Sunnyshore Park Drive
      Sold
      Sign in for price
      67 Sunnyshore Park Drive
      Detached
    • 14 SILVER FOX Drive
      Sold
      Sign in for price
      14 SILVER FOX Drive
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    702 Highway 124This home4 / 211,001,500$929,000ask———
    139 Manitou Drive3 / 21,100—
    15 LYNDSEY Lane5 / 42,000—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in McKellar

    Active listings within ±20% of this asking price.

    • 44 Sunnyshore Park Drive
      $799,000
      44 Sunnyshore Park Drive
      Detached 3 2
    • 26 Sharon Park Drive
      $830,000
      26 Sharon Park Drive
      Detached 3 2
    • 1 McKowen Road
      $949,999
      1 McKowen Road
      Detached 3 2
    • 64 Jones Road
      $799,000
      64 Jones Road
      Detached 3 2
    • 64 Jones Road
      $799,000
      64 Jones Road
      Detached 3 2
    • 1 GENE'S Court
      $925,000
      1 GENE'S Court
      Detached 3 2
    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 PARKER COULTER REALTY BROKERAGE INC. · displayed on Summitly per MLS® data-share rules

    702 Highway 124 is a 4-bedroom, 2-bath, 1100-1500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  21. When was 702 Highway 124 built?

    702 Highway 124 was built in 31-50. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  22. What is the property tax for 702 Highway 124?

    The 'Property tax' tab in the History section shows the most recent annual tax for 702 Highway 124 plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  23. How much would the monthly mortgage be on 702 Highway 124?

    The affordability calculator on this page shows an estimated monthly mortgage for $929,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  24. Has 702 Highway 124 been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 702 Highway 124 with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  25. What neighbourhood is 702 Highway 124 in?

    702 Highway 124 is in McKellar, McKellar. The 'Neighbourhood' section below links to the live McKellar real estate hub with average sold price, days on market, and current inventory.

  26. Is McKellar a good place to live?

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

  27. 37 Smithpine Crescent
    3 / 1
    1,100
    —
    18 MEHARG Drive3 / 21,100—
    67 Sunnyshore Park Drive3 / 1700—
    14 SILVER FOX Drive3 / 22,000—