Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Selwyn. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $599,900 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.
EXCELLENT WATERFRONT OPPORTUNITY | MAKE THIS YOUR OWN! Calling all Buyers with a vision (as per Floor Plans) for a 3 bedroom, 2 bathroom home or cottage that currently encompasses 836 square feet on the main level and 913 square feet on the lower level for a total of 1,749 square feet of workable space, plus a sunroom. There is work to be done here to make it so, but the property has good bones overall and offers 344 feet of shoreline on Chemong Lake with the beginnings of an open plan on the main floor that could be sculpted to suit. Alternatively, there's potential to start from scratch and treat it as a building lot. This is an outstanding opportunity to get into excellent affordable waterfront with sunsets included! The main floor interior is stripped down to the studs and subfloor and will need flooring, a kitchen and bathroom, insulation and drywall among other finishings to bring it up to a livable space but offers a partially finished living space on the lower level with a potential second kitchen or kitchenette once the main floor is completed, plus a walkout for possible in-law capability in the future; use it in the meantime while finishing the main level. This property also includes a separate structure with conceivable uses such as a workshop, storage shed, or maybe even a bunkie. Forming part of the Tri-Lakes on the Trent-Severn Waterway, a popular interconnected boating and fishing hub in the heart of the Kawarthas, made up of Chemong, Buckhorn and Pigeon Lake, including Big and Little Bald Lakes, the Tri-Lakes represent a continuous lock-free experience with full access to the entire system. A superb location approximately 10 minutes to north-end Peterborough, or 15 minutes to Highway 115 or downtown Peterborough, there's a public boat launch and park a few minutes away, the Hospital approximately 12 minutes, and Costco approximately 20 minutes. Don't miss out on this opportunity for affordable waterfront with potential, close to everything!
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Cul de Sac/Dead End, Hospital, Lake/Pond, Level, School Bus Route, Waterfront
In-Law Capability, Storage, Water Heater Owned, Water Softener
Carbon Monoxide Detectors, Smoke Detector
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 82 Maryland Drive, Selwyn, ON K9J 0C5
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 Selwyn.
About Purchasing a Home in Selwyn, ON
For a property listed at $599,900 in Selwyn, the legal minimum down payment is $34,990 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 $8,473 for this transaction. As this listing is in Selwyn (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,473.
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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.