DetachedOn market 116 days

80938 Falls Reserve Line, Ashfield-Colborne-Wawanosh

Name: 80938 Falls Reserve Line
SKU: X13574946
Price: 1159999 CAD
Availability: InStock

Ashfield-Colborne-Wawanosh, ON · · MLS® X13574946Updated October 29, 2026

$1,159,999Est. $5,699/mo mortgage

Bedrooms: 3
Bathrooms: 2
Living space: 2500–3000sq ft
Parking spaces: 24

Type Detached
Garage Yes
Basement Finished with Walk-Out, Full

What you should know

80938 Falls Reserve Line is a 3-bedroom, 2-bathroom detached home in Ashfield-Colborne-Wawanosh, listed for $1,159,999. It has 2500-3000 sq ft of living space.

Beautifully maintained and thoughtfully updated, every room is tastefully appointed, while every window frames a peaceful view of the surrounding landscape.
Main-floor laundry adds everyday convenience, creating a home that's both functional and beautiful.
Upstairs, you'll find two generous bedrooms and a beautifully renovated spa-inspired bathroom featuring a luxurious soaker tub, oversized glass and tile shower, and custom finishes.

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3 Bed, 2 Bath Detached Home in Ashfield-Colborne-Wawanosh

About 80938 Falls Reserve Line

Nestled on 1.4 acres of mature trees and complete privacy, this exceptional Benmiller property is more than just a home-it's your private retreat. Beautifully maintained and thoughtfully updated, every room is tastefully appointed, while every window frames a peaceful view of the surrounding landscape. The hardest decision you'll make each day is where to relax-enjoy your morning coffee on the upper balcony, unwind in the hot tub, gather around the firepit with family and friends, or spend quiet evenings under the gazebo watching the stars. Inside, the open-concept main floor is warm, bright, and inviting, featuring rich maple hardwood floors, an abundance of windows across the back of the home, quartz countertops, and a sunroom anchored by a Regency propane fireplace. Main-floor laundry adds everyday convenience, creating a home that's both functional and beautiful. Upstairs, you'll find two generous bedrooms and a beautifully renovated spa-inspired bathroom featuring a luxurious soaker tub, oversized glass and tile shower, and custom finishes. The fully finished walkout lower level offers a spacious family room with a wet bar, third bedroom, and a stunning full bathroom complete with an oversized tiled walk-in shower and heated floors, with direct access to the patio and hot tub. Just when you think you've seen it all, the detached heated and insulated 900 sq. ft. shop steals the show. Above, an additional 900 sq. ft. finished loft with its own heat pump offers endless possibilities-whether it's a home office, guest retreat, fitness studio, games room, art studio, or the perfect space for teenagers to call their own. Completing the package is a 14 kW Generac backup generator, providing year-round peace of mind. Located just minutes from Goderich, the Benmiller Inn, and Falls Reserve Conservation Area, this is a property where luxury, privacy, and lifestyle come together in perfect harmony. Some homes check the boxes. This one exceeds every expectation.

3 bedrooms, 2 bathrooms, about 2,500 sq ft, works out to roughly $464 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 80938 Falls Reserve Line

Every detail from the listing, in one place.

Type: Detached
Style: 1 1/2 Storey
Living space: 2500-3000 sq ftas stated on the listing
Parking: 24 spacesYes garage
Basement: Finished with Walk-Out, Full

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 24

Interior

Basement: Finished with Walk-Out · Full

Lot & land

Lot size (sqft): 1.4

Listing & possession

Property style: 1 1/2 Storey
Property class: Detached

80938 Falls Reserve Line Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Jul 16, 2026For saleListedThis listingMLS® X13574946$1,159,999

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 80938 Falls Reserve Line Compares to the Ashfield-Colborne-Wawanosh Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Fair Price· based on 57 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Ashfield-Colborne-Wawanosh market, last 90 days

Median sold price: $470,000
Average sold price: $694,779
Average days on market: 82
Homes sold: 33

Closed sales on the TRREB MLS®.

Full Ashfield-Colborne-Wawanosh market report

Recently sold nearby in Ashfield-Colborne-Wawanosh

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

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Home	Sold price	$ / sqft	% of asking	Sold
This home80938 Falls Reserve Line 3 bd · 2 ba · 2,500 sqft	$1,159,999asking	$464	—	—
81167 Grist Mill Line 3 bd · 2 ba · 3,000 sqft
84537 Ridge Drive 4 bd · 2 ba · 1,500 sqft
5 Sweetwater Drive 2 bd · 2 ba · 1,500 sqft
84543 Ridge Drive 2 bd · 2 ba · 1,500 sqft
68 Victoria Street 3 bd · 3 ba · 2,000 sqft
86585 Amberley Beach Road 5 bd · 2 ba · 1,500 sqft

81167 Grist Mill Line
3 bd · 2 ba · 3,000 sqft
84537 Ridge Drive
4 bd · 2 ba · 1,500 sqft
5 Sweetwater Drive
2 bd · 2 ba · 1,500 sqft
84543 Ridge Drive
2 bd · 2 ba · 1,500 sqft
68 Victoria Street
3 bd · 3 ba · 2,000 sqft
86585 Amberley Beach Road
5 bd · 2 ba · 1,500 sqft

Living in Ashfield-Colborne-Wawanosh: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Costs, Mortgage & Rental Return for 80938 Falls Reserve Line

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $5,699; 20% down · 25 years · 5.5% assumed
Property tax: $638; 0.66% mill rate · ON
Total per month: $6,337; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

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Affordability calculator

Estimated monthly payment

$5,699

/mo

based on the purchase price of $1,159,999

Down payment20%

$232,000 cash

Amortization25 yr

$927,999 financed

Rate5.50%

$781,619 total interest

Principal54%$927,999

Interest46%$781,619

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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Listing brokerage: Royal LePage Heartland Realty, BrokerageMLS® X13574946 · Listing data last updated October 29, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

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.

For sale· listed Jul 15· $464/sq ft

Estimated monthly mortgage$5,699/moMortgage only · 20% down · 5.5% assumed

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