68 Island Bay Drive, Kawartha Lakes, ON

$855,868
MLS#:X8439942
4 beds
3 baths
1100-1500 sqft
8.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Bobcaygeon. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $855,868 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 3 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 74 x 165 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Central Vacuum, ERV/HRV, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via electric

Description

Curb Appeal when you pull up & beautifully landscaped rear yard featuring an inviting Kidney shaped "Stirling" inground pool. Spacious 4 bedroom / 3 bath home featuring M/F w/updated Kitchen, formal Living and Diningroom, 4 pc. bath, King Sized Primary suite w/3 pc. ens. & W/I closet & private Lanai & second bedroom. Lower level boasts extra high ceilings, an open concept Family / games room (Pellet Stove), 3rd bdrm w/3 pc. semi ens., a massive fourth bedroom and a convenient laundry/storage/utility space. As a member of Shore Spa you can head to the Club with friends, this active adult waterfront community is located on the Shores of Pigeon Lake providing access to the Trent Severn System and miles of water sport enjoyment.

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Property Summary

This detached home located at 68 Island Bay Drive, Kawartha Lakes is currently for sale and has been available on SousaSells for 759 days. This property is listed at $855,868 with an estimated mortgage of $2,849* per month. It has 4 beds, 3 bathrooms, and is 1100-1500 square feet. 68 Island Bay Drive, Kawartha Lakes is in the Bobcaygeon neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 20, 2024
Sold price information is available to members only
Listed Date6/13/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick
BasementFull, Finished
Lot Size74 × 165 Feet
CountyKawartha Lakes
Annual Tax$4,800
Legal DescriptionLT 59 PL 618; KAWARTHA LAKES

Parking & Garage

Parking Spaces8.0
Garage Spaces5
Garage TypeAttached

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Marina, Rec./Commun.Centre

Interior Features

Central Vacuum, ERV/HRV, Primary Bedroom - Main Floor

Security Features

Community Features

Location

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68 Island Bay Drive, Kawartha Lakes, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 68 Island Bay Drive, Kawartha Lakes, ON K0M 1A0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Kawartha Lakes.

Configure Loan Settings

Interest Rate4.00%
Down Payment$256,760 (30.0%)
* Minimum Canadian down payment required for this price is $60,587.
Amortization Period30 Years
Estimated Monthly Payment$2,849Based on a loan of $599,108 over 30 years.
Purchase Price$855,868
Loan Amount$599,108
Provincial Land Transfer Tax:$13,592
Total Estimated Closing Taxes:$13,592

About Purchasing a Home in Kawartha Lakes, ON

For a property listed at $855,868 in Kawartha Lakes, the legal minimum down payment is $60,587 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 $13,592 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 $13,592.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Bobcaygeon, Kawartha Lakes.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$826,362

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.