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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@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 114 daysPrice drop · $550,000 off (-10.8%)

    254 MELISSA Lane

    Rural Tiny·Tiny, ON·L9M 0T8·Near CEDAR POINT RD. TO MELISSA LANE

    • 3 beds
    Tiny real estate›S10439374
    • 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

    Incredible views of Georgian Bay from this impressive contemporary bungalow, with over 7,000 sq.ft. of finished space overlooking 173 feet of waterfront. Great room with 28 ft cathedral ceiling and floor to ceiling fireplace, has an expanse of doors and windows overlooking the lake. State of the art kitchen with Thermador appliances, 10 1/2 foot island, and walkout to covered deck with outdoor wood burning fireplace. Beautiful walk-in pantry and large laundry, both with high end cabinetry. Master wing features a massive bed/sitting room with fireplace, large dressing room and his and hers ensuites. It includes a walkout to a private deck. A large main floor office/bedroom, with a view, also includes a walkout to the deck. The fully finished basement, with 10 ft. ceilings, features rec room, gym, three bedrooms, three bathrooms, including steam room (2 of them ensuites), also offers stunning views of the lake, with three additional walkouts. A separate one bedroom apartment over the garage, with kitchenette and bathroom, is a great flex space to accommodate guests, or extended family. The 3 car garage features heated floors and a wall of windows. The property is 95% complete, with some final exterior and interior work currently being undertaken and is being sold "as is" . Occupancy permit is in place.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    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 18, 2026Price reducedCurrentReduced$4,550,000−$550,000 (10.8%)S10439374This page
    Nov 17, 2024SoldSold$3,800,000−$750,000 (16.5%)S9035926View
    Jul 26, 2024ListedCurrentFor sale$5,100,000 —S10439374This page
    Jul 12, 2024Previously listedSld$4,550,000 —S9035926View
    Feb 23, 2024Previously listedTer$5,750,000 —S10899117View
    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
      Radiant
      Air conditioning
      Central Air
      Fireplaces
      3
      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.

    📍 254 MELISSA Lane
    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
    $22,353
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $1,347
    0.36% mill rate · ON
    The market

    How this home sits in the Tiny market

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

    The Tiny market right now

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

    • Avg sold price
      $802,141
      Last 30 days
    • Median sold price
      $665,000
      Middle of the market
    • Days on market
      42 d
      Avg from list to close
    • Closed last 30d
      59
      MLS® transactions
    Full Tiny market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 254 MELISSA 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.

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    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 254 MELISSA 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 254 MELISSA Lane listed for?

      254 MELISSA Lane is listed at $4,550,000 on the MLS® (listing S10439374). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 254 MELISSA 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. 7 baths
  2. 7525 sqft
  3. Detached
  4. Built 0-5
  5. 2-4.99 ac lot
  6. Asking
    $4,550,000
    $605 / sqft · MLS® S10439374
    Chat Zara
    254 MELISSA Lane — photo 4
  7. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $802,141
    $737,970Confidence range$866,312
    Asking vs estimate
    ↑↑well-above
    +$3,747,859
    (+467.2%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 3 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Tiny sell in about 42 days — this one has been listed 114 days.

    Avg sold price
    $802,141
    Median sold
    $665,000
    Avg days on market
    42
    Recently sold
    59
    See comparable sales
    • Incredible views of Georgian Bay from this impressive contemporary bungalow, with over 7,000 sq.ft. of finished space overlooking 173 feet of waterfront.
    • State of the art kitchen with Thermador appliances, 10 1/2 foot island, and walkout to covered deck with outdoor wood burning fireplace.
    • A large main floor office/bedroom, with a view, also includes a walkout to the deck.
    • A separate one bedroom apartment over the garage, with kitchenette and bathroom, is a great flex space to accommodate guests, or extended family.
    Ask Zara a follow-up
    Septic
  8. Parking & garage

    4
    Garage
    Attached
    Garage spaces
    3
    Parking spaces
    12
    Driveway
    Private Double, Other, Other
  9. Interior

    4
    Basement
    Walk-Out, Finished
    Kitchens
    2
    Total rooms
    18
    Elevator
    N
  10. Exterior & construction

    6
    Exterior
    Stone, Other
    Roof
    Asphalt Shingle
    Foundation
    Poured Concrete
    View
    Beach, Lake
    Waterfront
    Y
    Pool
    None
  11. Lot & land

    3
    Year built
    0-5
    Lot dimensions
    579.25 x 173.05
    Zoning
    A
  12. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    Bungalow
    Property class
    Detached
  13. Combined estimate
    $23,700
    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
    $22,353
    /mo
    based on the purchase price of $4,550,000
    $910,000 cash
    $3,640,000 financed
    $3,065,835 total interest
    Monthly payment$22,353/ month
    Principal54%$3,640,000
    Interest46%$3,065,835

    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 Tiny

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

    • 5 Bailey Crescent
      Sold
      Sign in for price
      5 Bailey Crescent
      Detached
    • 34 Staglir Drive
      Sold
      Sign in for price
      34 Staglir Drive
      Detached
    • 22 Talon Trail
      Sold
      Sign in for price
      22 Talon Trail
      Detached
    • 1667 Tiny Beaches Road
      Sold
      Sign in for price
      1667 Tiny Beaches Road
      Detached
    • 20 Tiny Beaches Road
      Sold
      Sign in for price
      20 Tiny Beaches Road
      Detached
    • 8271 93 Highway
      Sold
      Sign in for price
      8271 93 Highway
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    254 MELISSA LaneThis home3 / 77,525$4,550,000ask$605——
    5 Bailey Crescent3 / 32,000—
    34 Staglir Drive3 / 11,100—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Tiny

    Active listings within ±20% of this asking price.

    • 679 Sandy Bay Road
      $3,885,000
      679 Sandy Bay Road
      Detached 3 4
    • 160 Tiny Beaches Road
      $3,795,000
      160 Tiny Beaches Road
      Detached 3 4
    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.

  14. One team, no handoffs

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

  15. Showings on YOUR schedule

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

  16. Mortgage that closes

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

  17. Public listing courtesy of Revel Realty Inc., Brokerage (Unit A) · displayed on Summitly per MLS® data-share rules

    254 MELISSA Lane is a 3-bedroom, 7-bath, 7525 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  18. When was 254 MELISSA Lane built?

    254 MELISSA Lane was built in 0-5. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  19. What is the property tax for 254 MELISSA Lane?

    The 'Property tax' tab in the History section shows the most recent annual tax for 254 MELISSA Lane plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  20. How much would the monthly mortgage be on 254 MELISSA Lane?

    The affordability calculator on this page shows an estimated monthly mortgage for $4,550,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  21. Has 254 MELISSA Lane been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 254 MELISSA Lane with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  22. What neighbourhood is 254 MELISSA Lane in?

    254 MELISSA Lane is in Rural Tiny, Tiny. The 'Neighbourhood' section below links to the live Tiny real estate hub with average sold price, days on market, and current inventory.

  23. Is Tiny a good place to live?

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

  24. 22 Talon Trail
    2 / 3
    700
    —
    1667 Tiny Beaches Road2 / 31,100—
    20 Tiny Beaches Road4 / 42,500—
    8271 93 Highway3 / 31,100—