542 Portage Road, Kawartha Lakes, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey farm located in the coveted neighborhood of Eldon. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,690,000 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.
- 4 Bedrooms and 1 Bathroom
- Generous living space spanning < 700 sqft on a spacious lot (Acres)
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 20.0 total parking spaces available
- Notable attributes: None
- Efficient heating via propane
Description
Excellent opportunity to own 119+/- acre farm just outside of Kirkfield. A portion of the land os zoned M2S4. The property features a large shop with an office area, bank barn, an exisiting 1 1/2 storey house. The shop contains 400 amp service, multiple loading docks/doors and lots of storage room, offering endless possibilities. Great exposure with a large frontage along Portage Road. Existing home has 4 bedrooms, 1 bathroom (As Is, Where Is condition). Short commute to Beaverton, Orillia, Lindsay and easy access to the GTA. Close proximity to multiple lakes.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 542 Portage Road, Kawartha Lakes, ON K0M 1B0
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About Purchasing a Home in Kawartha Lakes, ON
For a property listed at $2,690,000 in Kawartha Lakes, the legal minimum down payment is $538,000 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 $53,725 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 $53,725.
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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.