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Lot 11 Tonkin
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Wallace Rm No. 243 · Single Family · under $225,000 · 2+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Excellent opportunity to own a move-in ready home with a large fenced yard in the quiet hamlet of Tonkin. Located only a short 10-minute drive away, this property offers peaceful small-community living with property taxes well under $1,000 per year. The maintenance-free exterior features 1/2-inch foam insulation beneath the vinyl siding for added efficiency. Inside, the home has been very well cared for and offers a welcoming open-concept layout. The kitchen overlooks the east-facing front yard and provides plenty of cabinet and counter space. Off the kitchen is the spacious dining and living area with large west-facing windows overlooking the backyard. The cozy living room features an electric fireplace and double garden doors leading to a massive deck where you can enjoy the beautifully fenced backyard surrounded by mature trees that provide excellent shade and privacy. The main floor offers 2 bedrooms and a 4-piece bathroom. The finished basement includes a large rec room, additional bedroom, 3-piece bathroom with jetted tub, laundry area, and plenty of storage space. Updates since 2010 include: furnace, exterior sump and weeping tile, interior sump (2016); 100 amp electrical panel and Generlink generator hookup (2018); shingles, windows, garden doors, washer, dryer, fridge, induction range (2020); kitchen island, water filter system, RO system, water heater (2021); air conditioning and basement tile flooring (2023); flooring, baseboards, paint (2024); and pressure tank (2025). This property offers the feeling of acreage living without all the extra work. The home is serviced with its own well, septic system, and gas generator setup. Come make this your next home and enjoy the space, privacy, and lifestyle Tonkin has to offer. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Other | 18 × 12 feet | |
| Other | 12 × 15 feet | |
| Bedroom | 12 × 9 feet | |
| 3pc Bathroom | 12 × 8 feet | |
| Storage | 12 × 6 feet | |
| Laundry room | 14 × 8 feet |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Enclosed porch | 4 × 4 feet | |
| Kitchen | 13 × 13 feet | |
| Dining room | 13 × 9 feet | |
| Living room | 13 × 18 feet | |
| 4pc Bathroom | 9 × 8 feet | |
| Bedroom | 13 × 14 feet | |
| Bedroom | 9 × 8 feet |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
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Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 12, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.