Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Sherborne. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $1,399,000 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.
This property is perfect for families who like to have loads of activities readily available. The location on Lake of Bays near the Village of Dorset makes it ideal as a year round home or four season recreational property. You can walk, bike or boat to all amenities within minutes including Robinson's General Store, restaurants and the LCBO. ATV and snowmobile trails are right around the corner. The in-town pharmacy and health hub are appealing to seniors and families alike. And of course you have all the recreational opportunities that Lake of Bays has to offer. The lot is gently sloped to the lake with a lovely view across Little Trading Bay. There is 129 feet of sandy shoreline that's perfect for swimmers of all ages. The southeast exposure ensures sun from early in the morning till late in the day. You can keep an eye on the kids from either the dock or the deck overlooking the lake. The cottage is a solid structure with 1648 square feet of finished living space. The skill of the stonemason who originally built the cottage is reflected in both the beautiful stone exterior and the two stone fireplaces. There are 2 bedrooms and a full bath on the main floor while the lower level features a spacious guest suite, full bathroom and family room. It is fully winterized and ready for you to enjoy.
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Rec./Commun.Centre, School Bus Route, Waterfront
Water Heater Owned
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1082 Kawagama Lake Road, Algonquin Highlands, ON P0A 1E0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Algonquin Highlands.
About Purchasing a Home in Algonquin Highlands, ON
For a property listed at $1,399,000 in Algonquin Highlands, the legal minimum down payment is $279,800 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 $24,455 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 $24,455.
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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.