487 Fairbairn Road, Kawartha Lakes, ON
Property Highlights
Welcome to this remarkable Bungaloft detached located in the coveted neighborhood of Verulam. Expertly crafted featuring premium board & batten and wood construction, this residence presents an exceptional opportunity offered at $1,799,900 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.
- 5 Bedrooms and 5 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 261.85 x 236.22 ft lot
- Features a finished with walk-out, full, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 16.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Primary Bedroom - Main Floor, Central Vacuum
- equipped with central air central cooling and highly efficient forced air heating via oil
Description
This exceptional custom-built bungalow offers outstanding quality and thoughtful design throughout. the stunning kitchen features a new custom live edge island, granite countertops, stainless steel appliances and heated flooring, opening seamlessly to s spacious dining room with a walkout to a charming sunroom and large deck overlooking the private, fully fenced backyard complete with hot tub and a detached shop/garage. A two sided fireplace connects the kitchen and the bright, expansive family room, creating a warm and inviting living space perfect for relaxing or entertaining. The main level includes three generously sized bedrooms, two bathrooms including a private ensuite, as well as main-floor laundry and a convenient mudroom with direct access to the dream three car heated garage. A beautiful live-edge staircase leads to the newly renovated loft above the garage, complete with a two-piece bathroom, wet bar and potential for a bachelor apartment or guest suite. The bright walkout lower level has been recently finished and offers a large recreation room, a soundproof entertainment room, a fifth bathroom and a utility room equipped with a oil/wood burning forced air furnace. This unique property combines luxury finishes, versatile living spaces and exceptional craftmanship in a private settting.
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Interior Features
Primary Bedroom - Main Floor, Central Vacuum
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 487 Fairbairn Road, Kawartha Lakes, ON K0M 1A0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Kawartha Lakes, ON
For a property listed at $1,799,900 in Kawartha Lakes, the legal minimum down payment is $359,980 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 $32,473 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 $32,473.
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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.