11 First Street, Kawartha Lakes, ON

$769,900
MLS#:X9018893
3 beds
2 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Verulam. Expertly crafted featuring premium log and stone construction, this residence presents an exceptional opportunity offered at $769,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 66 x 132 ft lot
  • Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Air Exchanger, Propane Tank, Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Welcome to 11 First Street, Dunsford! A must see Discovery Dream Home Log Home built in 2016 with views of Sturgeon Lake! Boasting cathedral ceilings, exposed beam, and with the primary bedroom with a juliette balcony, this home truly is stunning! Main floor with an open concept design of the kitchen, dining room and living room. Living room features a cathedral ceiling with large windows, and a beautiful propane fireplace. Main floor also features a 4 piece washroom, bedroom with a walkout to the 3 season sunroom. The second floor features a large primary bedroom attached to a 3 piece ensuite bathroom, and features a juliette balcony overlooking the living room and backyard. The third bedroom is currently being used as a walk in closet and laundry room, but there is the possibility to move the laundry to the main floor utility room. Backyard features a lovely deck with a clear view of Sturgeon Lake and the gorgeous sunsets. The backyard features lovely landscaping and gardens, with a welcoming firepit, two garden sheds and a bunkie for guests to spend the night while enjoying the lake. Waterfront on Sturgeon is currently leased with a dock on a 5 year term starting in 2024. Log home was built in 2016, features a drilled well (2016), a Bionest septic system (2016), furnace (2016), Life Breath air exchanger (2016), force air conditioner (2016), 200 amp electrical service, and newly paved driveway (2023). Estimated costs for utilities from 2023/2024 include: Electricity ($1600), Propane ($1300), and taxes ($2603). Book your showing today!

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Property Summary

This detached home located at 11 First Street, Kawartha Lakes is currently for sale and has been available on SousaSells for 733 days. This property is listed at $769,900 with an estimated mortgage of $2,563* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 11 First Street, Kawartha Lakes is in the Verulam neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 29, 2024
Sold price information is available to members only
Listed Date7/9/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionLog, Stone
BasementCrawl Space
Lot Size66 × 132 Feet
CountyKawartha Lakes
Annual Tax$2,603
Legal DescriptionLT 23 PL 128; PT LT 27 PL 128 AS IN R382514; S/T INTEREST IN R382514; KAWARTHA LAKES

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Lake Access, Marina, School Bus Route, Waterfront

Interior Features

Air Exchanger, Propane Tank, Water Softener

Security Features

Smoke Detector, Carbon Monoxide Detectors

Community Features

Location

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11 First Street, Kawartha Lakes, ON
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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 11 First Street, Kawartha Lakes, ON K0M 1L0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Kawartha Lakes.

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Interest Rate4.00%
Down Payment$230,970 (30.0%)
* Minimum Canadian down payment required for this price is $51,990.
Amortization Period30 Years
Estimated Monthly Payment$2,563Based on a loan of $538,930 over 30 years.
Purchase Price$769,900
Loan Amount$538,930
Provincial Land Transfer Tax:$11,873
Total Estimated Closing Taxes:$11,873

About Purchasing a Home in Kawartha Lakes, ON

For a property listed at $769,900 in Kawartha Lakes, the legal minimum down payment is $51,990 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 $11,873 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 $11,873.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Verulam, Kawartha Lakes.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$857,968

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.