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

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage — RECO Registration #6018570.

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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 79 daysPrice drop · $59,900 off (-10.7%)

    Unit 1 — 45 Lake Margaret Trail

    ·St. Thomas, ON··

    • 2 beds
    St. Thomas real estate›X12084675
    • 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

    Wonderful Bungalow with Single Car Garage located in Lake Margaret Station! This well-maintained 2 Bedroom, 1 Bathroom home is located in a quiet enclave close walking distance to Lake Margaret, walking trails, Jim Waite Park and a quick 12 minute drive to Port Stanley. The open-concept Main Level has a well-appointed Kitchen which overlooks the Dining Area and Living Room with cozy gas fireplace. The Primary Bedroom is nicely tucked away nearby the 4-piece Bathroom while the 2nd Bedroom could be used as the perfect Home Office or Den. Includes Main Floor Laundry. Outside, there is a Sundeck with privacy fence in a very nice setting. The Basement is unfinished and roughed-in for a Bathroom. Recent updates include: furnace & A/C (2018), roof (2022), attic insulation (2023) and sump pump (2025). Low condo fees include grounds maintenance, grass cutting, snow removal of drive and walkway to your door and more! See multimedia link for 3D walkthrough tour and floor plans. Don't miss this great opportunity!

    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
    Jul 25, 2026Price reducedCurrentReduced$500,000−$59,900 (10.7%)X12084675This page
    Jul 3, 2025SoldSold$507,000+$7,000 (1.4%)X12247867View
    Jun 26, 2025Previously listedSld$500,000 —X12247867View
    May 1, 2025Previously listedTer$500,000 —X12117218View
    Apr 15, 2025ListedCurrentFor sale$559,900 —X12084675This 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

      2
      Heating
      Forced Air
      Fireplaces
      1
    Location & lifestyle

    Getting around, schools & the block

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

    📍 Unit 1 — 45 Lake Margaret Trail
    What's nearby

    Points of interest classified by the MLS® feed.

    • Lake/Pond
    • Park
    • School
    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
    $2,456
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $315
    0.76% mill rate · ON
    The market

    How this home sits in the St. Thomas market

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

    The St. Thomas market right now

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

    • Avg sold price
      $544,988
      Last 30 days
    • Median sold price
      $525,000
      Middle of the market
    • Days on market
      52 d
      Avg from list to close
    • Closed last 30d
      188
      MLS® transactions
    Full St. Thomas market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Unit 1 — 45 Lake Margaret Trail — 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 Unit 1 — 45 Lake Margaret Trail 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 Unit 1 — 45 Lake Margaret Trail listed for?

      Unit 1 — 45 Lake Margaret Trail is listed at $500,000 on the MLS® (listing X12084675). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Unit 1 — 45 Lake Margaret Trail 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. 1 bath
  2. 1200-1399 sqft
  3. Vacant Land Condo
  4. Built 16-30
  5. Asking
    $500,000
    $0 / sqft · MLS® X12084675
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $397,841
    $366,014Confidence range$429,669
    Asking vs estimate
    ↑↑well-above
    +$102,159
    (+25.7%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 2 bedrooms (no sqft on file).

    Market analytics

    Homes like this in St. Thomas sell in about 52 days — this one has been listed 79 days.

    Avg sold price
    $544,988
    Median sold
    $525,000
    Avg days on market
    52
    Recently sold
    188
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    Wonderful Bungalow with Single Car Garage located in Lake Margaret Station!
  7. The open-concept Main Level has a well-appointed Kitchen which overlooks the Dining Area and Living Room with cozy gas fireplace.
  8. Outside, there is a Sundeck with privacy fence in a very nice setting.
  9. The Basement is unfinished and roughed-in for a Bathroom.
  10. Ask Zara a follow-up

    Parking & garage

    3
    Garage
    Attached
    Garage spaces
    1
    Parking spaces
    3
  11. Interior

    4
    Basement
    Full, Unfinished
    Family room
    Y
    Kitchens
    1
    Total rooms
    6
  12. Exterior & construction

    5
    Exterior
    Brick, Stone
    Roof
    Shingles
    Foundation
    Poured Concrete
    Patio
    None
    Balcony
    None
  13. Lot & land

    1
    Year built
    16-30
  14. Listing & possession

    4
    Possession
    2025-06-05T00:00:00.000-00:00
    Occupancy
    After June 1st
    Property style
    Bungalow
    Property class
    Vacant Land Condo
  15. Room-by-room · 7 rooms

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

    Room dimensions

    Main level

    6 rooms
    • Bathroom
      4 Pc Bath
      8.6 × 8.1 ft
    • Primary Bedroom
      15.2 × 11.7 ft
    • Bedroom 2
      10.4 × 11.1 ft
    • Laundry
      Linoleum
      5.6 × 6.2 ft
    • Family Room
      laminate · gas fireplace
      14.2 × 17.7 ft
    • Kitchen
      Laminate
      11.4 × 13.3 ft

    Basement level

    1 room
    • Utility Room
      Unfinished
      40.6 × 29.5 ft

    Condo corporation & monthly fees

    Maintenance fee, what's included, locker, exposure, amenities, and condo corp details.

    Monthly maintenance
    Condo corp fees
    $232
    per month
    Maintenance fee includes
    • Parking
    Building details
    • Unit1
    • Storeys (building)1
    • ExposureNorth
    • LockerNone
    • Parking typeInside Entry, Private
    • Pet policyRestricted
    • Ensuite laundryN
    • Condo corpEVLCC
    • Corp #25
    • Property managerDickenson
    Building amenities
    • BBQs Allowed
    • Visitor Parking
    Combined estimate
    $2,771
    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
    $2,456
    /mo
    based on the purchase price of $500,000
    $100,000 cash
    $400,000 financed
    $336,905 total interest
    Monthly payment$2,456/ month
    Principal54%$400,000
    Interest46%$336,905

    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.

    or send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    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 and condo fees.

    Comparable vacant land condos that just sold in St. Thomas

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

    • 35 Old Course Road
      Sold
      Sign in for price
      35 Old Course Road
      Vacant Land Condo
    • 19 Augusta Crescent
      Sold
      Sign in for price
      19 Augusta Crescent
      Vacant Land Condo
    • 101 Southgate Parkway
      Sold
      Sign in for price
      101 Southgate Parkway
      Vacant Land Condo
    • 101 Southgate Parkway
      Sold
      Sign in for price
      101 Southgate Parkway
      Vacant Land Condo
    • 410 Burwell Road
      Sold
      Sign in for price
      410 Burwell Road
      Vacant Land Condo
    AddressBd / BaSqftSold$/sqft% of askSold
    Unit 1 — 45 Lake Margaret TrailThis home2 / 112,001,399$500,000ask———
    35 Old Course Road2 / 31,400—
    19 Augusta Crescent2 / 31,200—
    Sold prices are hidden under TRREB rules. to reveal them.
    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.

  16. One team, no handoffs

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

  17. Showings on YOUR schedule

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

  18. Mortgage that closes

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

  19. Public listing courtesy of COVE REAL ESTATE BROKERAGE LTD. · displayed on Summitly per MLS® data-share rules

    Unit 1 — 45 Lake Margaret Trail is a 2-bedroom, 1-bath, 1200-1399 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  20. When was Unit 1 — 45 Lake Margaret Trail built?

    Unit 1 — 45 Lake Margaret Trail was built in 16-30. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  21. What is the property tax for Unit 1 — 45 Lake Margaret Trail?

    The 'Property tax' tab in the History section shows the most recent annual tax for Unit 1 — 45 Lake Margaret Trail plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  22. How much would the monthly mortgage be on Unit 1 — 45 Lake Margaret Trail?

    The affordability calculator on this page shows an estimated monthly mortgage for $500,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  23. Has Unit 1 — 45 Lake Margaret Trail been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Unit 1 — 45 Lake Margaret Trail with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  24. What neighbourhood is Unit 1 — 45 Lake Margaret Trail in?

    Unit 1 — 45 Lake Margaret Trail is in St. Thomas, St. Thomas. The 'Neighbourhood' section below links to the live St. Thomas real estate hub with average sold price, days on market, and current inventory.

  25. Is St. Thomas a good place to live?

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

  26. 101 Southgate Parkway
    2 / 3
    1,200
    —
    101 Southgate Parkway2 / 31,400—
    410 Burwell Road2 / 31,200—