Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Baxter. Expertly crafted featuring premium vinyl siding and board & batten construction, this residence presents an exceptional opportunity offered at $2,999,000 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.
Only ten minutes by car west of exit 168 / Hwy 400, this once in a lifetime opportunity boasts 46 acres and 482 feet of west facing rocky shoreline, with thousands of acres of Crown land adjacent the property. The 2200 sq ft, ranch style, 4 season home/ cottage is stunningly decorated, finished and completely furnished! The open concept kitchen/living area has vaulted ceilings with natural ceiling beams, antique wide plank pine floors, chefs kitchen from which you'll fall in love with the whole wall stone fireplace and stunning views over the lake. The roof and decks have recently been replaced and there is a large, attached, two car garage that allows you secure and weatherproof entrance to the cottage. Because you will surely have guests, there is a sizeable Cedar guest cabin with one bedroom on the main floor plus a loft bedroom facing the lake. There's a spacious sundeck adjacent the living room in the cabin that leads to a path to the deep water dock with pristine swimming and sunsets. The property is serviced with a wired-in generator and a 400 Amp main electrical service. Buck Lake is a spring fed lake with 50 feet of depth & unparalleled swimming, fishing and total privacy with only five cottages on the east shore. The lake is completely surrounded by Crown land with many trails for use in the summer and winter.
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This detached home located at 261 Kim T Lane, Georgian Bay is currently for sale and has been available on SousaSells for 423 days. This property is listed at $2,999,000 with an estimated mortgage of $9,983* per month. It has 3 beds, 2 bathrooms, and is 2000-2500 square feet. 261 Kim T Lane, Georgian Bay is in the Baxter neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Lake Access, Waterfront, Wooded/Treed
Primary Bedroom - Main Floor, Water Softener, Water Treatment
Alarm System
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 261 Kim T Lane, Georgian Bay, ON L0K 1S0
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 Georgian Bay.
About Purchasing a Home in Georgian Bay, ON
For a property listed at $2,999,000 in Georgian Bay, the legal minimum down payment is $599,800 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 $61,450 for this transaction. As this listing is in Georgian Bay (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $61,450.
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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.