Listed for:Listed Jun 5, 2026
$585,000

5 Chippewa Avenue

Selwyn, ON K0L 2H0

Detached House For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 5 Chippewa Avenue, Selwyn

No listing history available

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About 5 Chippewa Avenue, Selwyn

Summarized Description

  • Updated bungalow in Lakefield with versatile living spaces.
  • Two kitchens and two separate living areas for income potential.
  • Fully renovated bathroom and updated kitchen.
  • Large deck overlooking a fully fenced backyard.
  • Double-car garage with automatic opener included.
  • Close to amenities, parks, and walking trails.
  • Move-in ready home perfect for families or investors.

Welcome to this beautifully updated bungalow in the heart of Lakefield! 2 separate living spaces for potential income with 2 kitchens, 2 bedrooms and a bathroom each. Conveniently located close to all amenities, walking trails, parks, and beach, this home offers versatility and exceptional value. The main floor features 2 bedrooms and 1 fully renovated bathroom, along with an updated kitchen, bright living room, and dining area with a walkout to a large deck overlooking the fully fenced backyard-perfect for entertaining, children, or pets. A separate entrance leads to the lower level, offering excellent in-law suite or multi-generational living potential. The basement includes a second kitchen, 2 additional bedrooms, a 3-piece bathroom, and a spacious living room. Completing the property is an impressive 23' x 33' fully insulated double-car garage with an automatic garage door opener, providing plenty of space for vehicles, storage, hobbies, or a workshop. A fantastic opportunity to own a move-in-ready home in one of Lakefield's most desirable locations!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,643
Land Transfer Tax Fee
$8,175

Rental Items

Rental Equipment
None

Basement Type
Finished, Full

Interior Features

Laundry Level
Lower Level
Interior Extras
Auto Garage Door Remote, In-Law Capability, Water Heater Owned
Security Features
Carbon Monoxide Detectors
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Deck
Pool
None
Property Features
Beach, Campground, Fenced Yard, Library, Marina, Park

Building

Building Type
Detached
Building Style
Bungalow

Construction

Exterior Finish
Aluminum Siding
Roof
Asphalt Shingle
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
89.00 ft
Lot Depth
93.75 ft

Inclusions

Inclusions
Upstairs - Fridge, Stove, Dishwasher, Microwave, Window Coverings. Downstairs - Washer, Dryer, Stove, Fridge, Hot Water Tank Owned.

Exclusions

Exclusions
All personal items, hot tub and wiring, fuse and junction box connected to it.

Parking & Garages

Garage Type
Detached
Garage Spaces
2
Parking Spaces
4
Total Garage And Parking Spaces
6

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
2 + 2
Washrooms
2
Kitchens
2
Family / bonus room
Yes

Room sizes

  • Primary Bedroom—
    Ground level
  • Bedroom 2—
    Ground level
  • Bathroom—
    Ground level, 4 Pc Bath
  • Living Room—
    Ground level
  • Kitchen—
    Ground level
  • Dining Room—
    Ground level
  • Bedroom 3—
    Basement level, Walk-In Closet(s)
  • Bedroom 4—
    Basement level
  • Bathroom—
    Basement level, 3 Pc Bath
  • Living Room—
    Basement level
  • Kitchen—
    Basement level
  • Laundry—
    Basement level
  • Mud Room—
    Basement level

Washrooms

  • 4-piece, Main
  • 3-piece, Lower

Municipality
Selwyn
Neighbourhood
Selwyn
Main cross streets
Strickland St and Chippewa Ave
Directions
Strickland St and Chippewa Ave

MLS® number
X13247750
Data source
Toronto Regional Real Estate Board
Listed on
2026-06-05
Updated on
2026-09-26
Days on market
138 days
Possession type
Flexible
Co-op commission
2.5%+HST
Seller
Listed by
BALL REAL ESTATE INC.

Home Market Value

Current home valuation for 5 Chippewa Avenue, Selwyn, Selwyn, ON. Listed for $585,000

HOMEH Estimate

?

$555,291

Estimated Sales Range

?

$438,680 - $671,902

HOMEH Estimate for 5 Chippewa Avenue, Selwyn

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$555,291Medium confidence
Based on 9 comparable properties
+ $29,709 (5%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Selwyn, ON
Minimum Down Payment Required:5.7%

5% on first $500K + 10% on $85,000 over $500K

Minimum down payment

$33,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$22,043$16,322$13,923$0
=Total mortgage
$573,113$542,822$511,173$468,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,798monthly$2,650monthly$2,496monthly$2,285monthly
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Land Transfer Tax

Provincial

$8,175

Total Land Transfer Tax

$8,175

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