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Coldwell Banker Summit Realty

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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@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 366 days

    L3 C 5 Grouse Road S

    Matheson·Black River-Matheson, ON·P0K 1R0·Near Hwy 11 & Wavell Rd

      0
    • Vacant Land
    Black River-Matheson real estate›T12289116
    • 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

    Two for the price of one! Because both lots are adjoining, they must be sold together. Hydro at the road frontage. Surface & mineral rights included. Great moose, bear & partridge hunting. 240 acres. Nice fishing off the bridge close by. Black River runs in front of the property. 2nd property ARN: 561410000102100. #1: 1310' x 2590". #2: 2646' x 2694'. #2:PCL 18889 SEC SEC; S 1/2 LT 3 CON 5 BENOIT; Black river-matheson

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

    AI highlights by Zara
    • Two for the price of one!
    • Because both lots are adjoining, they must be sold together.
    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 11, 2025ListedCurrentFor sale$410,000 —T12289116This 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.

    • Lot & land

      1
      Zoning
      residential
    • Listing & possession

      3
    Location & lifestyle

    Getting around, schools & the block

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

    📍 L3 C 5 Grouse Road S
    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
    $2,014
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $73
    0.21% mill rate · ON
    The market

    How this home sits in the Black River-Matheson market

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

    The Black River-Matheson market right now

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

    • Avg sold price
      $222,406
      Last 30 days
    • Median sold price
      $190,000
      Middle of the market
    • Days on market
      51 d
      Avg from list to close
    • Closed last 30d
      17
      MLS® transactions
    Full Black River-Matheson market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into L3 C 5 Grouse Road S — 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 L3 C 5 Grouse Road S 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 L3 C 5 Grouse Road S listed for?

      L3 C 5 Grouse Road S is listed at $410,000 on the MLS® (listing T12289116). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does L3 C 5 Grouse Road S 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. 100 + ac lot
  2. Asking
    $410,000
    MLS® T12289116
    Chat Zara
  3. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $222,406
    $204,614Confidence range$240,198
    Asking vs estimate
    ↑↑well-above
    +$187,594
    (+84.3%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price (limited data on this listing).

    Market analytics

    Homes like this in Black River-Matheson sell in about 51 days — this one has been listed 366 days.

    Avg sold price
    $222,406
    Median sold
    $190,000
    Avg days on market
    51
    Recently sold
    17
    See comparable sales
  4. Hydro at the road frontage.
  5. Surface & mineral rights included.
  6. Ask Zara a follow-up
    Occupancy
    2 weeks
    Property style
    Other
    Property class
    Vacant Land
    Combined estimate
    $2,087
    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
    $2,014
    /mo
    based on the purchase price of $410,000
    $82,000 cash
    $328,000 financed
    $276,262 total interest
    Monthly payment$2,014/ month
    Principal54%$328,000
    Interest46%$276,262

    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 vacant lands that just sold in Black River-Matheson

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

    • 1/2 LT 9 CON 4 CURRIE
      Sold
      Sign in for price
      1/2 LT 9 CON 4 CURRIE
      Vacant Land
    • 2503 NORTH Road
      Sold
      Sign in for price
      2503 NORTH Road
      Vacant Land
    • Lot 6 PLAN 6M499, North Munro Lake Road
      Sold
      Sign in for price
      Lot 6 PLAN 6M499, North Munro Lake Road
      Vacant Land
    • PCL 1483 Stock Township
      Sold
      Sign in for price
      PCL 1483 Stock Township
      Vacant Land
    • STOCK CON 5 S PT LOT 11
      Sold
      Sign in for price
      STOCK CON 5 S PT LOT 11
      Vacant Land
    • CON 3 PT LOT 5 BOWMAN
      Sold
      Sign in for price
      CON 3 PT LOT 5 BOWMAN
      Vacant Land
    AddressBd / BaSqftSold$/sqft% of askSold
    L3 C 5 Grouse Road SThis home0 / 0—$410,000ask———
    1/2 LT 9 CON 4 CURRIE0 / 0——
    2503 NORTH Road0 / 0——
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More vacant lands in Black River-Matheson

    Active listings within ±20% of this asking price.

    • 1872 Cardinal Road West (Ramore) Road
      $449,900
      1872 Cardinal Road West (Ramore) Road
      Vacant Land
    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.

  7. One team, no handoffs

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

  8. Showings on YOUR schedule

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

  9. Mortgage that closes

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

  10. Public listing courtesy of Toronto Real Estate Realty Plus Inc · displayed on Summitly per MLS® data-share rules

    L3 C 5 Grouse Road S is a vacant land at Black River-Matheson, ON. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  11. When was L3 C 5 Grouse Road S built?

    The year built for L3 C 5 Grouse Road S isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  12. What is the property tax for L3 C 5 Grouse Road S?

    The 'Property tax' tab in the History section shows the most recent annual tax for L3 C 5 Grouse Road S plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  13. How much would the monthly mortgage be on L3 C 5 Grouse Road S?

    The affordability calculator on this page shows an estimated monthly mortgage for $410,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  14. Has L3 C 5 Grouse Road S been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of L3 C 5 Grouse Road S with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  15. What neighbourhood is L3 C 5 Grouse Road S in?

    L3 C 5 Grouse Road S is in Matheson, Black River-Matheson. The 'Neighbourhood' section below links to the live Black River-Matheson real estate hub with average sold price, days on market, and current inventory.

  16. Is Black River-Matheson a good place to live?

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

  17. Lot 6 PLAN 6M499, North Munro Lake Road
    0 / 0
    —
    —
    PCL 1483 Stock Township0 / 0——
    STOCK CON 5 S PT LOT 110 / 0——
    CON 3 PT LOT 5 BOWMAN0 / 0——