
This property was sold on September 4, 2024. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable Bungalow rural residential located in the coveted neighborhood of Somerville. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $419,900 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.
Imagine awakening to the gentle sounds of nature on your own expansive 11.24-acre retreat, where the charm of a quaint cabin invites you to unwind and embrace the serenity around you. This hidden gem, nestled within a desirable neighborhood and just moments from the shimmering waters of Balsam Lake, offers endless possibilities for adventure and relaxation. With 100 amp service and a reliable drilled well, your weekends will be filled with comfort and convenience, whether you're seeking a peaceful escape or envisioning a custom dream home amidst the lush landscape. Experience the perfect blend of privacy and accessibility, creating unforgettable memories in a place you can truly call your own.
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This rural residential located at 24 Lightning Point Road, Kawartha Lakes is currently for sale and has been available on SousaSells for 715 days. This property is listed at $419,900 with an estimated mortgage of $1,398* per month. It has 0 beds, 1 bathroom, and is < 700 square feet. 24 Lightning Point Road, Kawartha Lakes is in the Somerville neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Somerville, Kawartha Lakes.
First-time home buyers, professionals, or investors seeking value.
None listed
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The current listing price for 24 Lightning Point Road, Kawartha Lakes, ON in Somerville, Kawartha Lakes is $419,900.
This property features 0 bedrooms and 1 bathroom across approximately < 700 sqft.
24 Lightning Point Road, Kawartha Lakes, ON is a Rural Residential (Bungalow) featuring a Crawl Space basement.
Key property features include: Part Cleared, School Bus Route, Wooded/Treed.
Interior highlights include: Suspended Ceilings, Water Heater Owned.
Yes, this property offers parking space for 10.0 vehicles (None).
Heating is provided via Wood and cooling via Window Unit(s).
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 24 Lightning Point Road, Kawartha Lakes, ON K0M 1K0
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 Kawartha Lakes.
About Purchasing a Home in Kawartha Lakes, ON
For a property listed at $419,900 in Kawartha Lakes, the legal minimum down payment is $20,995 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 $4,873 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 $4,873.
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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.