40 ALGONQUIN Lane, Ashfield-Colborne-Wawanosh, ON

$340,000
MLS#:X13515098
2 beds
2 baths
1100-1500 sqft
2.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow modular home located in the coveted neighborhood of Colborne. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $340,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a spacious lot (Feet)
  • 2.0 total parking spaces available
  • Notable attributes: Primary Bedroom - Main Floor, Water Heater Owned, Water Purifier
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This lovely 2 bedroom, 2 bathroom year round home situated at 40 Algonquin Lane backs onto a wide-open green space and is now on the market. Watch the sunrise while sipping your coffee in the 4 season sunroom with in-floor heating and 3 sets of patio doors or sit on the deck with a retractable awning, directly off the dining room. If you have been looking to retire in the only 55+ lakefront land lease community with its own private gated sandy beach, look no further! Meneset on the Lake has it all! Drive down to the wide-open view of gorgeous Lake Huron, swim, paddle board or float around in the refreshing water. Relax on the benches located in the park areas to soothe your soul listening to the waves, participate at the active clubhouse or hike on the nearby trail systems. This floor plan consists of a generously sized living room with plenty of room for oversized furnishings & features a peninsula natural gas fireplace. The kitchen is complete with an abundance of cabinets, is footsteps from the dining room and has close laundry/storage. The spacious primary bedroom with 3 piece ensuite bathroom easily fits a king-size bed, night tables and dressers. Guests will enjoy the size of the second bedroom across from the main 4 piece bathroom. Updates include new exterior services (2021), a newer furnace and AC, an owned hot water heater (2015), roof (2017), and bathroom sinks and toilets (2015). Summer is here and the beach is calling, reach out to your REALTOR to book a viewing of this spacious home!

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/2/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeModular Home
Architectural StyleBungalow
ConstructionVinyl Siding
BasementNone
CountyHuron
Annual Tax$2,098.32
Legal DescriptionLEASED LAND - Year 2000, Manufacturer: 533438 Northlander Industries, Model: ML-101-54-2, Serial #:8004410325

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Golf, Hospital, Lake Access, Rec./Commun.Centre, Waterfront

Interior Features

Primary Bedroom - Main Floor, Water Heater Owned, Water Purifier

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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40 ALGONQUIN Lane, Ashfield-Colborne-Wawanosh, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 40 ALGONQUIN Lane, Ashfield-Colborne-Wawanosh, ON N7A 3Y2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Ashfield-Colborne-Wawanosh.

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Interest Rate5.25%
Down Payment$17,000 (5.0%)
* Minimum Canadian down payment required for this price is $17,000.
Amortization Period25 Years
Estimated Monthly Payment$1,925Based on a loan of $323,000 over 25 years.
Purchase Price$340,000
Loan Amount$323,000
Provincial Land Transfer Tax:$3,575
Total Estimated Closing Taxes:$3,575

About Purchasing a Home in Ashfield-Colborne-Wawanosh, ON

For a property listed at $340,000 in Ashfield-Colborne-Wawanosh, the legal minimum down payment is $17,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $3,575 for this transaction. As this listing is in Ashfield-Colborne-Wawanosh (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $3,575.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Colborne, Ashfield-Colborne-Wawanosh.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$427,020

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.