Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Somerville. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $899,900 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.
It's SELDOM that an opportunity like this comes up on highly desirable FOUR MILE LAKE. First time offered by original owners! This HUGE property boasts approx 150' water frontage with a depth of approx. 246' for a total .81 acres. Build your custom dream cottage, or simply enjoy the existing 1012' cottage with vaulted ceilings and virtually wall to wall panoramic windows overlooking FML. You can't get any closer to the lake than where this cottage sits! Want to build a large custom cottage? Perhaps locate it on the upper flat portion and live in the existing cottage until completion, the choices are endless! Enjoy the luxury of a large 24' x 24' insulated GARAGE, every cottagers dream, to store your toys. Also, the 16' x 32' BOATHOUSE with rail ramps can easily store your favourite boat. Built with an oversized 10' x 10' boat door AND Duradeck roofing membrane. This boathouse is screaming for a rooftop deck. Ideally situated on the west side of the lake you will enjoy not only spectacular sunrises and evening moon views but you will be shaded from the blazing afternoon/evening summer sun. Approx 1 1/2 HRS to GTA, 30 mins to hospital/urgent care. Coboconk is a mere 7 minutes (6 km) away providing you with an LCBO, Foodland, Home Hardware, the new WELLNESS CENTRE and more! Want a little more action? Fenelon Falls is only 18 mins away, or make a special trip to Kawartha's jewel, Bobcaygeon, only 30 mins away. This Viceroy cottage sleeps 8 (with pull-out sofa) has been extremely well maintained by the original owner. For those chilly spring or fall days you can spark up the Norwegian "Jotul" wood stove or simply dial in the electric baseboard heaters. There is also a newer 10' x 10' bunkie attached, but not connected, to the main cottage. This can be utilized for storage or as a 4th bedroom for the grandkids! The "Davit Master" 4,000 lb winch on the shoreline helps for moving docks and boats etc. in and out of the water when opening and closing the cottage
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Carpet Free
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 56 Griffin Dr Griffin Drive, Kawartha Lakes, ON K0M 1K0
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Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Kawartha Lakes.
About Purchasing a Home in Kawartha Lakes, ON
For a property listed at $899,900 in Kawartha Lakes, the legal minimum down payment is $64,990 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 $14,473 for this transaction. As this listing is in Kawartha Lakes (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $14,473.
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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.