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80938 Falls Reserve Line

80938 Falls Reserve Line

Ashfield-Colborne-Wawanosh, ON

  • 3 bed
  • 3 bath
  • approx. 2500-3000 sqft
  • Detached
  • 57 days on market
$1,159,999

Nestled on 1.4 acres of mature trees and complete privacy, this exceptional Benmiller property is more than just a home-it's your private retreat. Beautifully maintained and thoughtfully updated, every room is tastefully appointed, while every window frames a peaceful view of the surrounding landscape. The hardest decision you'll make each day is where to relax-enjoy your morning coffee on the upper balcony, unwind in the hot tub, gather around the firepit with family and friends, or spend quiet evenings under the gazebo watching the stars. Inside, the open-concept main floor is warm, bright, and inviting, featuring rich maple hardwood floors, an abundance of windows across the back of the home, quartz countertops, and a sunroom anchored by a Regency propane fireplace. Main-floor laundry adds everyday convenience, creating a home that's both functional and beautiful. Upstairs, you'll find two generous bedrooms and a beautifully renovated spa-inspired bathroom featuring a luxurious soaker tub, oversized glass and tile shower, and custom finishes. The fully finished walkout lower level offers a spacious family room with a wet bar, third bedroom, and a stunning full bathroom complete with an oversized tiled walk-in shower and heated floors, with direct access to the patio and hot tub. Just when you think you've seen it all, the detached heated and insulated 900 sq. ft. shop steals the show. Above, an additional 900 sq. ft. finished loft with its own heat pump offers endless possibilities-whether it's a home office, guest retreat, fitness studio, games room, art studio, or the perfect space for teenagers to call their own. Completing the package is a 14 kW Generac backup generator, providing year-round peace of mind. Located just minutes from Goderich, the Benmiller Inn, and Falls Reserve Conservation Area, this is a property where luxury, privacy, and lifestyle come together in perfect harmony. Some homes check the boxes. This one exceeds every expectation.

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Listing Details

Taxes (2026)
$4,747
Listed
July 16, 2026

Price History

Property

Style
1 1/2 Storey
Age
16-30
Construction
Wood
Roof
Asphalt Shingle
Foundation
Concrete
Interior
On Demand Water Heater, Water Heater Owned, Water Softener, Water Purifier
Lot Size
162.96 x 278.02 Feet

Parking

Garage
Detached
Covered Spaces
4
Total Parking
24

Utilities

Sewer
Septic
Heat Source
Propane

Location & Legal

Cross Street
Hwy 21 North, to MTO Rd and Londesboro Rd/County Rd 31 to Falls Reserve Line.
Zoning
Residential
Parcel Number
414500129
Possession
Flexible
Occupancy
Owner

Included

Inclusions
Washer, dryer, Fridge, Stove, dishwasher, hot water tank, water filtration, garage door openers and remotes, generator
Exclusions
air compressor, bar fridge

Community

Postal area N7A

Population
12,495
Private dwellings
6,687
Median age
55.2
Average household size
2.2
Median household income
$74,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Ashfield-Colborne-Wawanosh · last 12 months

Median sold price
$525,000
Homes sold
112
Median days on market
63
Sale-to-list price
93.4%

Based on 112 recorded sales of residential freehold properties in Ashfield-Colborne-Wawanosh over the last 12 months.

Rooms

2-piece on Ground, 4-piece on Upper, 4-piece on Lower

Upper

  • Bathroom11'7" x 5'8"
  • Bedroom11' x 14'2"
  • Primary Bedroom12'5" x 14'1"

Ground

  • Bathroom11'3" x 10'
  • Dining Room21'5" x 13'1"
  • Foyer7'11" x 6'2"
  • Kitchen13'7" x 9'7"
  • Living Room14'6" x 11'10"
  • Mud Room4'6" x 10'
  • Sunroom14' x 11'7"

Lower

  • Bathroom12'10" x 11'5"
  • Bedroom14'6" x 11'3"
  • Other9'2" x 7'8"
  • Recreation19'2" x 23'11"
  • Utility Room10'5" x 12'4"

Listed by

Royal LePage Heartland Realty

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$232,000

Estimated Monthly Payment

$5,699

Land transfer tax

Estimated land transfer tax$19,675

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $5,699/mo (20% down, 5.5%)

Taxes: $396/mo · Insurance: $290/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions shop steals the show.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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