11 Irene Avenue, Kawartha Lakes, ON

$2,875,000
MLS#:X8447882
7 beds
5 baths
5000 + sqft
14.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Fenelon. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $2,875,000 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.

  • 7 Bedrooms and 5 Bathrooms
  • Generous living space spanning 5000 + sqft on a spacious lot (Acres)
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 14.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Central Vacuum, Bar Fridge, Guest Accommodations
  • Efficient forced air heating via propane

Description

A rare opportunity to own a piece of history in the prestigious village of Sturgeon Point. Offering over 6000sq. ft of living space with panoramic views of the lake. Showcasing 7 bedrooms and 5 bathrooms in the main house plus two additional bedrooms and 1 bathroom in the Coach House. The spacious kitchen with oak cabinetry and granite countertops is designed for large gatherings. Centred around a large island and breakfast bar, the causal dining area overflows into the grand dining room adorned with rich paneling, a fireplace and a sunroom before welcoming you into the southeastern wing. Featuring 375 feet of frontage plus a private tennis court, this is ideal for outdoor enthusiasts.

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Property Summary

This detached home located at 11 Irene Avenue, Kawartha Lakes is currently for sale and has been available on SousaSells for 762 days. This property is listed at $2,875,000 with an estimated mortgage of $9,570* per month. It has 7 beds, 5 bathrooms, and is 5000 + square feet. 11 Irene Avenue, Kawartha Lakes is in the Fenelon neighborhood.

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

Key Features

Bedrooms
7
Bathrooms
5
Kitchens
1
Living Area
5000 + sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 29, 2024
Sold price information is available to members only
Listed Date6/10/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionWood
BasementUnfinished
CountyKawartha Lakes
Annual Tax$17,121.47
Legal DescriptionPT RDAL BTN LT 10 AND LT 11 CON 10 FENELON; PT LT E PL 73 CLOSED BY R118033, AS IN R308399, EXCEPT T/W EASEMENTS THEREIN, S/T R308399 CITY OF KAWARTHA LAKES

Parking & Garage

Parking Spaces14.0
Garage Spaces10
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingNone

Features

Property Features

Beach, Golf, Lake/Pond, Level, Marina, Park

Interior Features

Central Vacuum, Bar Fridge, Guest Accommodations, Sauna, Water Heater Owned

Security Features

Community Features

Location

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11 Irene Avenue, 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 Irene Avenue, Kawartha Lakes, ON K0M 1N0

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$862,500 (30.0%)
* Minimum Canadian down payment required for this price is $575,000.
Amortization Period30 Years
Estimated Monthly Payment$9,570Based on a loan of $2,012,500 over 30 years.
Purchase Price$2,875,000
Loan Amount$2,012,500
Provincial Land Transfer Tax:$58,350
Total Estimated Closing Taxes:$58,350

About Purchasing a Home in Kawartha Lakes, ON

For a property listed at $2,875,000 in Kawartha Lakes, the legal minimum down payment is $575,000 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 $58,350 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 $58,350.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$903,444

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.