80938 Falls Reserve Line, Ashfield-Colborne-Wawanosh, ON N7A 3Y1
Colborne, Ashfield-Colborne-Wawanosh · Near Hwy 21 North, to MTO Rd and Londesboro Rd/County Rd 31 to Falls Reserve Line. · View map
About this home
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.
The home
- Type
- 1 1/2 storey
- Style
- 1 1/2 Storey
- Square footage
- 2500-3000 sq ft
- Bedrooms
- 3
- Bathrooms
- 3
- Kitchens
- 1
- Rooms
- 15
- Basement
- Finished with Walk-Out, Full
- Lot size
- 163 x 278 ft
- Faces
- East
- Approximate age
- 16-30 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Smoke Detector, Carbon Monoxide Detectors
- Exterior
- Wood
Heating & cooling
- Heating fuel
- Propane
- Heating type
- Forced Air
- Air conditioning
- Central Air, Wall Unit(s)
- Fireplace
- Yes
Garage & parking
- Garage
- Detached
- Garage spaces
- 4
- Driveway spaces
- 20
- Total parking
- 24
- Parking features
- Private Triple
Taxes & other
- Property taxes
- $4,747/yr
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- flexible
- Cross street
- Hwy 21 North, to MTO Rd and Londesboro Rd/County Rd 31 to Falls Reserve Line.
- Neighbourhood
- Colborne
More
- Price per sq ft
- ~$422 (at 2,750 sq ft)
- Listed
- Jul 16, 2026 · 89 days ago
- MLS® number
- X13574946
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The home and its surroundings
- On Demand Water Heater
- Water Heater Owned
- Water Softener
- Water Purifier
- Campground
- Greenbelt/Conservation
- River/Stream
- Wooded/Treed
- Golf
- Deck
- Hot Tub
- Landscape Lighting
- Patio
- Privacy
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
80938 Falls Reserve Line, Ashfield-Colborne-Wawanosh, ON N7A 3Y1
Colborne, Ashfield-Colborne-Wawanosh · Near Hwy 21 North, to MTO Rd and Londesboro Rd/County Rd 31 to Falls Reserve Line.
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Listing history for 80938 Falls Reserve Line
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 80938 Falls Reserve Line
Answers come straight from this home’s MLS® listing.
How much is 80938 Falls Reserve Line listed for, and what would it cost each month?
80938 Falls Reserve Line is listed for $1,159,999. With 20% down ($232,000), the mortgage payment would be roughly $4,679 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $5,075 a month, all in. That figure is an illustration, not a quote.
Is 80938 Falls Reserve Line freehold or a condo, and is there a monthly fee?
80938 Falls Reserve Line is a 1 1/2 storey in Colborne, Ashfield-Colborne-Wawanosh. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 80938 Falls Reserve Line have?
80938 Falls Reserve Line has 3 bedrooms and 3 bathrooms.
Does 80938 Falls Reserve Line have a garage and parking?
Yes. The listing shows the garage as detached, with room for 4 cars. The driveway adds 20 spaces. In total the listing counts 24 parking spaces.
Does 80938 Falls Reserve Line have a finished basement?
The listing describes the basement as finished with walk-out, full. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 80938 Falls Reserve Line?
80938 Falls Reserve Line is a 1 1/2 storey. A 1½-storey home has a full main floor and a partial second floor under the roofline, often with dormer windows.
How big is 80938 Falls Reserve Line, and what is the lot size?
The listing puts the home between 2,500 and 3,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 163 x 278 ft.
How is 80938 Falls Reserve Line heated and cooled?
Heating is forced air (propane). Cooling is central air, wall unit(s).
What are the property taxes for 80938 Falls Reserve Line?
Property taxes are $4,747 a year (2026), or about $396 a month.
Where is 80938 Falls Reserve Line?
80938 Falls Reserve Line is in the Colborne community of Ashfield-Colborne-Wawanosh. The nearest main intersection is Hwy 21 North, to MTO Rd and Londesboro Rd/County Rd 31 to Falls Reserve Line.. The postal code is N7A 3Y1.
How long has 80938 Falls Reserve Line been on the market?
80938 Falls Reserve Line was listed on July 16, 2026. It has been on the market for 89 days. It is an active listing (MLS® X13574946). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 80938 Falls Reserve Line asking?
Similar bungalow-style homes for sale nearby right now include 68 North Street N at $999,900 (3 bed), 6 William Street at $925,000 (3 bed) and 81297 Fern Drive at $1,350,000 (2+2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 80938 Falls Reserve Line sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 80938 Falls Reserve Line?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar bungalows nearby
More bungalow-style homes for sale near Colborne, picked by style, size and price.
1 1/2 storey$999,90068 North Street N, Ashfield-Colborne-Wawanosh3 bed · 4 bath · AshfieldCourtesy of: Royal LePage Exchange Realty Co.View home →
Bungalow$925,0006 William Street, Ashfield-Colborne-Wawanosh3 bed · 2 bath · AshfieldCourtesy of: PEAK REALTY LTD.View home →
Bungalow$1,350,00081297 Fern Drive, Ashfield-Colborne-Wawanosh2+2 bed · 4 bath · West WawanoshCourtesy of: EXP REALTYView home →Courtesy of: Royal LePage Heartland Realty
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*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.