DetachedOn market 41 daysPrice drop · $34,900 off (-5.5%)

85377 Mcdonald Lane, Ashfield-Colborne-Wawanosh

Name: 85377 Mcdonald Lane
SKU: X13814178
Price: 595000 CAD
Availability: InStock

Ashfield-Colborne-Wawanosh, ON · · MLS® X13814178Updated October 28, 2026

$595,000Est. $2,923/mo mortgage

Bedrooms: 3
Bathrooms: 1
Living space: 700–1100sq ft
Parking spaces: 4

Type Detached
Lot 25.995 acres
Basement Crawl Space

What you should know

85377 Mcdonald Lane is a 3-bedroom, 1-bathroom detached home in Ashfield-Colborne-Wawanosh, listed for $595,000. It has 700-1100 sq ft of living space.

Lake Huron waterfront with private, year-round road access on a quiet dead-end road with no traffic!
Now offered at $595,000, this well-kept 3-season cottage, (with potential to turn it into a 4 season home with minimal efforts) enjoys a peaceful setting, beautiful lake views and spectacular Lake Huron sunsets.
At its new price of $595,000, this waterfront property deserves another look.

Ask Zara:

3 Bed, 1 Bath Detached Home in Ashfield-Colborne-Wawanosh

About 85377 Mcdonald Lane

Lake Huron waterfront with private, year-round road access on a quiet dead-end road with no traffic! Now offered at $595,000, this well-kept 3-season cottage, (with potential to turn it into a 4 season home with minimal efforts) enjoys a peaceful setting, beautiful lake views and spectacular Lake Huron sunsets. Several neighbouring properties are enjoyed as year-round residences, adding versatility to this peaceful waterfront location.One of the property's most memorable features is the charming lakeside gazebo, perfectly positioned partway down the stairs toward the water. It's your own private perch overlooking Lake Huron - an inviting place for morning coffee, an evening glass of wine, reading a book or simply sitting back and listening to the waves. A spacious upper deck and pergola provide even more room to relax, dine and entertain while taking in the waterfront setting.The shoreline is protected by a substantial steel armour retaining wall, an important feature of this Lake Huron property, with stairs leading down toward the water.Inside, you'll find 3 bedrooms, a 3-piece bath and on-site laundry. A selection of good-quality, clean furnishings and household items is included, making this an easy, turnkey cottage - bring your personal belongings and start enjoying lake life.Private, peaceful and tucked away from through traffic, this is a special Lake Huron retreat that's been thoughtfully cared for over the years. Enjoy it as the 3-season getaway it is today, with year-round road access offering possibilities for an owner wishing to explore extending its seasonal use. At its new price of $595,000, this waterfront property deserves another look.

3 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $850 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 85377 Mcdonald Lane

Every detail from the listing, in one place.

Type: Detached
Style: Bungalow
Living space: 700-1100 sq ftas stated on the listing
Parking: 4 spaces
Basement: Crawl Space

Features & systems

Parking & garage

Parking spaces: 4

Interior

Basement: Crawl Space

Lot & land

Lot size (sqft): 0.624

Listing & possession

Property style: Bungalow
Property class: Detached

85377 Mcdonald Lane Price & Sale History

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

—ReducedPrice reducedThis listingMLS® X13814178−$34,900 (5.5%)$595,000
Sep 22, 2026For saleListedThis listingMLS® X13814178$629,900

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

What's it worth?

How 85377 Mcdonald 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.

Zara’s estimate

Well Above Market· 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: $456,000
Average sold price: $590,233
Average days on market: 87
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 home85377 Mcdonald Lane 3 bd · 1 ba · 700 sqft	$595,000asking	$850	—	—
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
58 Wellington Street 3 bd · 1 ba · 1,500 sqft
89 ISOBEL Street 4 bd · 1 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
58 Wellington Street
3 bd · 1 ba · 1,500 sqft
89 ISOBEL Street
4 bd · 1 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 85377 Mcdonald Lane

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

Mortgage: $2,923; 20% down · 25 years · 5.5% assumed
Property tax: $327; 0.66% mill rate · ON
Total per month: $3,250; 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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Estimated monthly payment

$2,923

/mo

based on the purchase price of $595,000

Down payment20%

$119,000 cash

Amortization25 yr

$476,000 financed

Rate5.50%

$400,917 total interest

Principal54%$476,000

Interest46%$400,917

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: Coldwell Banker All Points-Festival City Realty, BrokerageMLS® X13814178 · Listing data last updated October 28, 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 Sep 21· $850/sq ft

Estimated monthly mortgage$2,923/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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