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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.

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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 281 daysPrice drop · $51,000 off (-6.8%)

    501 Stewart Lane

    Lanark Highlands (Dalhousie) Twp·Mcdonalds Corners, ON·K0G 1M0·Near Maple Hollow Dr to Stewart Lane

    Mcdonalds Corners real estate›X12240640
    • 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

    Price IMPROVED: $699,000! Welcome to 501 Stewart Lane located on the serene Dalhousie Lake. You have breathtaking views of the lake from both levels of this incredible home. Enjoy outdoor dining on the 16'x16' deck, perfect for large gatherings, or sit and unwind after a long day with a cool drink and enjoy the refreshing breeze off the water and beautiful sunsets. As you enter the home, you are welcomed into the open concept kitchen & dining areas. The warmth of the dining area invites you in with its cozy woodstove for cooler nights. The dining area also provides access to a covered deck that overlooks the lake. The kitchen has loads of storage and plenty of counter space as well as SS appliances. Adjacent to the kitchen is the generously sized living room with sliding doors to the oversized deck overlooking the water and a smaller deck overlooking the backyard. In addition, you have a well-appointed 3 pc bath on the main level. Upstairs, you have the primary bedroom with access to the balcony, where again you have views of the lake. You have 2 additional bedrooms on this level as well as a tastefully updated 4 pc bath with laundry. The lower level is home to a large family room that has a Murphy bed for when you have extra guests. You also have a huge utility/storage area and a walk-out. Outside, there is a handy self-contained outdoor shower with both hot & cold water. The one-car garage has a loft that could be utilized as a home office or a possible rental - garage & loft has hydro & is fully insulated. There is also a balcony for the loft, which also provides views of the water. The property comes with a boat ramp so you can cruise the lake. If you are looking for that exceptional property on the water, then welcome home.

    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
    Jul 13, 2026Price reducedCurrentReduced$699,000−$51,000 (6.8%)X12240640This page
    Apr 1, 2026Previously listedPc$649,900 —X12942336View
    Jun 20, 2025ListedCurrentFor sale$750,000 —X12240640This 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

      4
      Heating
      Forced Air
      Air conditioning
      None
      Water source
      Well
      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.

    📍 501 Stewart Lane
    What's nearby

    Points of interest classified by the MLS® feed.

    • Waterfront
    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
    $3,434
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $343
    0.59% mill rate · ON
    The market

    How this home sits in the Mcdonalds Corners market

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

    The Mcdonalds Corners market right now

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

    • Avg sold price
      $803,108
      Last 30 days
    • Median sold price
      $552,450
      Middle of the market
    • Days on market
      37 d
      Avg from list to close
    • Closed last 30d
      12
      MLS® transactions
    Full Mcdonalds Corners market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 501 Stewart 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.

    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 501 Stewart 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 501 Stewart Lane listed for?

      501 Stewart Lane is listed at $699,000 on the MLS® (listing X12240640). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 501 Stewart 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. 3 beds
  2. 2 baths
  3. 1500-2000 sqft
  4. Detached
  5. Built 31-50
  6. < .50 ac lot
  7. Asking
    $699,000
    $0 / sqft · MLS® X12240640
    Chat Zara
  8. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $803,108
    $738,859Confidence range$867,357
    Asking vs estimate
    ↓below
    −$104,108
    (-13.0%)
    Asking is below estimate
    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 Mcdonalds Corners sell in about 37 days — this one has been listed 281 days.

    Avg sold price
    $803,108
    Median sold
    $552,450
    Avg days on market
    37
    Recently sold
    12
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    AI highlights by Zara
    • As you enter the home, you are welcomed into the open concept kitchen & dining areas.
    • The kitchen has loads of storage and plenty of counter space as well as SS appliances.
    • Adjacent to the kitchen is the generously sized living room with sliding doors to the oversized deck overlooking the water and a smaller deck overlooking the backyard.
    • Upstairs, you have the primary bedroom with access to the balcony, where again you have views of the lake.
    Ask Zara a follow-up
    Septic
  9. Parking & garage

    4
    Garage
    Detached
    Garage spaces
    1
    Parking spaces
    3
    Driveway
    3
  10. Interior

    5
    Basement
    Finished with Walk-Out
    Family room
    Y
    Kitchens
    1
    Total rooms
    5
    Laundry level
    Upper Level
  11. Exterior & construction

    6
    Exterior
    Board & Batten
    Roof
    Asphalt Shingle
    Foundation
    Block
    View
    Beach, Lake
    Waterfront
    Y
    Pool
    None
  12. Lot & land

    2
    Year built
    31-50
    Zoning
    SINGLE FAMILY DETACHED ON WATER
  13. Listing & possession

    4
    Possession
    2025-07-24T00:00:00.000-00:00
    Occupancy
    TbA
    Property style
    2-Storey
    Property class
    Detached
  14. Room-by-room · 11 rooms

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

    Room dimensions

    Main level

    5 rooms
    • Bathroom
      3 Pc Bath
      6.0 × 5.4 ft
    • Living Room
      24.0 × 15.5 ft
    • Foyer
      13.8 × 11.5 ft
    • Dining Room
      Wood Stove
      22.9 × 12.4 ft
    • Kitchen
      15.6 × 9.1 ft

    Second level

    4 rooms
    • Bedroom 3
      12.0 × 9.2 ft
    • Bedroom 2
      12.1 × 10.9 ft
    • Primary Bedroom
      12.9 × 12.1 ft
    • Bathroom
      4 Pc Bath
      11.5 × 5.9 ft

    Basement level

    2 rooms
    • Utility Room
      23.7 × 22.9 ft
    • Family Room
      23.7 × 15.0 ft
    Combined estimate
    $3,777
    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
    $3,434
    /mo
    based on the purchase price of $699,000
    $139,800 cash
    $559,200 financed
    $470,993 total interest
    Monthly payment$3,434/ month
    Principal54%$559,200
    Interest46%$470,993

    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 Mcdonalds Corners

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

    • 2067 Sugar Bush Hill Lane
      Sold
      Sign in for price
      2067 Sugar Bush Hill Lane
      Detached
    • 175 Deer Creek Drive
      Sold
      Sign in for price
      175 Deer Creek Drive
      Detached
    • 2964 Highway 38
      Sold
      Sign in for price
      2964 Highway 38
      Detached
    • 3370 Loughborough Drive
      Sold
      Sign in for price
      3370 Loughborough Drive
      Detached
    • 2918 Leeman Road
      Sold
      Sign in for price
      2918 Leeman Road
      Detached
    • 1143 Dalhousie 9th Concession B Road
      Sold
      Sign in for price
      1143 Dalhousie 9th Concession B Road
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    501 Stewart LaneThis home3 / 215,002,000$699,000ask———
    2067 Sugar Bush Hill Lane3 / 1700—
    175 Deer Creek Drive4 / 52,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Mcdonalds Corners

    Active listings within ±20% of this asking price.

    • 385 Porcupine Way
      $599,900
      385 Porcupine Way
      Detached 4 1
    • 3315 Loughborough Drive
      $700,000
      3315 Loughborough Drive
      Detached 3 3
    • 5460 McDonalds Corners Road
      $614,900
      5460 McDonalds Corners Road
      Detached 4 3
    • 1922 Dover Road
      $664,900
      1922 Dover Road
      Detached 2 2
    • 2545 Leeman Road
      $574,900
      2545 Leeman Road
      Detached 3 1
    • 5195 Mcdonald's Corners Road
      $730,000
      5195 Mcdonald's Corners Road
      Detached 4 3
    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.

  15. One team, no handoffs

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

  16. Showings on YOUR schedule

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

  17. Mortgage that closes

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

  18. Public listing courtesy of ROYAL LEPAGE INTEGRITY REALTY · displayed on Summitly per MLS® data-share rules

    501 Stewart Lane is a 3-bedroom, 2-bath, 1500-2000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  19. When was 501 Stewart Lane built?

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

  20. What is the property tax for 501 Stewart Lane?

    The 'Property tax' tab in the History section shows the most recent annual tax for 501 Stewart Lane plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  21. How much would the monthly mortgage be on 501 Stewart Lane?

    The affordability calculator on this page shows an estimated monthly mortgage for $699,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  22. Has 501 Stewart Lane been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 501 Stewart Lane with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  23. What neighbourhood is 501 Stewart Lane in?

    501 Stewart Lane is in Lanark Highlands (Dalhousie) Twp, Mcdonalds Corners. The 'Neighbourhood' section below links to the live Mcdonalds Corners real estate hub with average sold price, days on market, and current inventory.

  24. Is Mcdonalds Corners a good place to live?

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

  25. 2964 Highway 38
    6 / 3
    3,500
    —
    3370 Loughborough Drive3 / 22,000—
    2918 Leeman Road3 / 43,500—
    1143 Dalhousie 9th Concession B Road3 / 2700—