Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Fenelon. Expertly crafted featuring premium wood and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $319,000 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.
Perched high on a hill with beautiful views of Sturgeon Lake this charming 3 bedroom 1 bath cottage with loft and sunroom offers an incredible opportunity for buyers with vision. The cottage has recently had significant work completed including plumbing electrical some windows baseboards drilled well and holding tank allowing much of the major groundwork to already be in place. While the property still requires additional work to transition into a true four season cottage the potential here is undeniable. Imagine creating your own cozy lakeside escape where mornings begin with sparkling lake views and evenings end with breathtaking sunsets from your hillside perch. With some finishing touches and continued improvements this property could become a warm and welcoming retreat for extended seasonal or year round enjoyment. Tucked away in a peaceful setting yet only minutes to Lindsay and Bobcaygeon this is your chance to invest in a property with huge upside in the heart of the Kawarthas.
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School Bus Route, Wooded/Treed
Water Heater Owned
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 60 Elder Street, Kawartha Lakes, ON K0M 1L0
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 $319,000 in Kawartha Lakes, the legal minimum down payment is $15,950 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 $3,260 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 $3,260.
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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.