1024 Albert Lane, Algonquin Highlands, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Sherborne. Expertly crafted featuring premium stone and wood construction, this residence presents an exceptional opportunity offered at $1,368,000 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.
- 5 Bedrooms and 3 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 101 x 350.43 ft lot
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Carpet Free, Generator - Full, Propane Tank
- equipped with central air central cooling and highly efficient heat pump heating via propane
Description
Don't miss your opportunity to own this stunning, custom built 4 season waterfront home/cottage on the beautiful shores of Kawagama Lake. With approximately 2500 square feet of meticulously crafted living space, no expenses have been spared on this waterfront beauty!!! These incredible upgrades include a 22kw Standby Generac Generator (no worries if the Power goes out), Lifetime "Enviroshake" Roof (plastic composite), heated concrete basement floors, main upper deck with a "Trex" Rain Water Catching System which keeps the second level deck dry, basement walkout patio is a "Gilpins Falls Bridge Plan" stamped and coloured concrete pad and heated concrete basement flooring. Property is currently listed as Cottage #341 with Cottage Vacations earning approximately $800 - $1200 per night. This GEM could pay for itself with the potential annual rental income!!! At this price what is stopping you!!!!
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Property Summary
This detached home located at 1024 Albert Lane, Algonquin Highlands is currently for sale and has been available on SousaSells for 356 days. This property is listed at $1,368,000 with an estimated mortgage of $4,554* per month. It has 5 beds, 3 bathrooms, and is 1500-2000 square feet. 1024 Albert Lane, Algonquin Highlands is in the Sherborne neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Carpet Free, Generator - Full, Propane Tank
Security Features
None
Community Features
Location
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 1024 Albert Lane E, Algonquin Highlands, ON P0E 1E0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Algonquin Highlands, ON
For a property listed at $1,368,000 in Algonquin Highlands, the legal minimum down payment is $273,600 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 $23,835 for this transaction. As this listing is in Algonquin Highlands (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $23,835.
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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.