Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Bexley. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $490,000 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.
Discover the rare opportunity to own a piece of prestigious Balsam Lake waterfront and create the lakeside retreat you've always imagined. With 33 feet of waterfront on one of the most sought-after lakes in the Kawarthas, this property offers breathtaking long lake views, endless boating, and the chance to design a custom escape tailored to your vision. Tucked beneath mature trees and set along the shoreline, the existing cottage offers a footprint for inspiration while the true value lies in the incredible potential of the property itself. Imagine rebuilding into a charming modern cottage or cozy lakefront getaway where mornings begin with coffee at the water's edge and evenings are spent watching the sunset dance across the lake. Adding even more appeal is the substantial back lot offering additional space and endless possibilities for future enjoyment. Whether you envision extra outdoor entertaining areas, a Bunkie-style setup for extended family and guests, or simply room to spread out and enjoy cottage life, this property invites creativity and imagination. A well is already on site, adding to the groundwork for your future plans. Located on iconic Balsam Lake, part of the Trent-Severn Waterway, this is your chance to secure an affordable entry into a premier waterfront community and transform this special property into something truly unforgettable.
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Primary Bedroom - Main Floor
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 26 LAKE Street, 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 $490,000 in Kawartha Lakes, the legal minimum down payment is $24,500 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 $6,275 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 $6,275.
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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.