15 Balsam Park Road, Kawartha Lakes, ON

$2,900,000
MLS#:X9303813
3 beds
3 baths
3000-3500 sqft
8.0 parking
Residential Freehold
15 Balsam Park Road, Kawartha Lakes, ON K0M 1A0
⚠️

Property no longer active

This property was sold on October 16, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Verulam. Expertly crafted featuring premium stone and wood construction, this residence presents an exceptional opportunity offered at $2,900,000 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 3000-3500 sqft on a premium 258 x 392 ft lot
  • Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Central Vacuum, Generator - Full
  • equipped with central air central cooling and highly efficient radiant heating via propane

Description

This custom-built (2004) Linwood timber frame home resides on one of the most spectacular lots on Sturgeon Lake, with 258 ft of pristine north-west facing waterfront and more than 2 acres of level land that evokes a tremendous sense of grandeur. The property is an oasis of privacy and tranquility, and yet is within walking distance to the lovely town of Bobcaygeon. The tasteful cedar and stone-clad home is highlighted on the main floor by a high-ceilinged living room with floor-to-ceiling windows and granite propane fireplace, a hand-made cherry wood kitchen, and a screened sunroom with stone floor and walk-out to an outdoor stone patio. The main floor layout also includes a dining area, a Primary with a 5 pc ensuite and walk-in-closet, a second bedroom and bathroom, a laundry room and a 3 bay attached garage. The main floor has comfortable in-floor radiant heat and hardwood floors throughout. The second floor features a media room with theatre seating for 12 people, a games room, a bonus room, a bedroom, and a 3 pc bathroom. There is also access to the loft above the garage with an insulated floor that can serve as a very spacious and bright workshop or studio. The grounds around the home are professionally landscaped with stone patios and paths, low-maintenance perennial gardens and lawn interspersed with mature trees, all kept lush by an in-ground sprinkler system. At the waterside is an exceedingly rare newer (2007) double bay wetslip boat house with 3 R&J lifts. Swimming in the hard-bottom, weed-free waterfront is perfect off the concrete dock of the boat house, or alternatively one can wade in from the waterside armour stone stairs in front of the home, where the western vistas down the length of Sturgeon Lake are sensational. The large lot size and municipal road access provide potential options for lot severance and/or additional dwelling units. Most furniture is included and other items including a gorgeous 25 Cobalt boat are separately negotiable.

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Property Summary

This detached home located at 15 Balsam Park Road, Kawartha Lakes is currently for sale and has been available on SousaSells for 699 days. This property is listed at $2,900,000 with an estimated mortgage of $9,653* per month. It has 3 beds, 3 bathrooms, and is 3000-3500 square feet. 15 Balsam Park Road, Kawartha Lakes is in the Verulam neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Verulam, Kawartha Lakes.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 3 well-appointed bathrooms
  • 3000-3500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Kawartha Lakes.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
3000-3500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 16, 2024
Sold price information is available to members only
Listed Date9/6/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionStone, Wood
BasementCrawl Space
Lot Size258 × 392 Feet
CountyKawartha Lakes
Annual Tax$12,105
Legal DescriptionLT 6-9 PL 126; PT LAKESHORE PARK PL 126 CLOSED BY R412770 & R420215, PT 3, 57R8884, PT 1, 3, 57R8935; S/T & T/W R427137; KAWARTHA LAKES

Parking & Garage

Parking Total8.0
Parking Space5
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeRadiant
CoolingCentral Air

Features

Property Features

  • Marina
  • School

Interior Features

  • Auto Garage Door Remote
  • Central Vacuum
  • Generator - Full
  • Water Heater Owned
  • Water Softener

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 15 Balsam Park Road, Kawartha Lakes, ON

Q.What is the asking price for 15 Balsam Park Road, Kawartha Lakes, ON ?

The current listing price for 15 Balsam Park Road, Kawartha Lakes, ON in Verulam, Kawartha Lakes is $2,900,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 3 bathrooms across approximately 3000-3500 sqft.

Q.What property type and architectural style is 15 Balsam Park Road, Kawartha Lakes, ON ?

15 Balsam Park Road, Kawartha Lakes, ON is a Detached (2-Storey) featuring a Crawl Space basement.

Q.What key property features does 15 Balsam Park Road, Kawartha Lakes, ON offer?

Key property features include: Marina, School.

Q.What interior features are included in this home?

Interior highlights include: Auto Garage Door Remote, Central Vacuum, Generator - Full, Water Heater Owned, Water Softener.

Q.Is parking available at this property?

Yes, this property offers parking space for 8.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Propane and cooling via Central Air.

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Location

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15 Balsam Park Road, 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 15 Balsam Park Road, Kawartha Lakes, ON K0M 1A0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$870,000 (30.0%)
* Minimum Canadian down payment required for this price is $580,000.
Amortization Period30 Years
Estimated Monthly Payment$9,653Based on a loan of $2,030,000 over 30 years.
Purchase Price$2,900,000
Loan Amount$2,030,000
Provincial Land Transfer Tax:$58,975
Total Estimated Closing Taxes:$58,975

About Purchasing a Home in Kawartha Lakes, ON

For a property listed at $2,900,000 in Kawartha Lakes, the legal minimum down payment is $580,000 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 $58,975 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 $58,975.

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Verulam, Kawartha Lakes 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$875,685

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%

Best Schools in Verulam, Kawartha Lakes

Elementary Schools

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Secondary Schools

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Verulam, Kawartha Lakes Demographic Home information

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.