691 Frank Hill Road, Kawartha Lakes, ON

$3,499,000
MLS#:X13241880
0 beds
0 baths
Commercial
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Property Highlights

Welcome to this remarkable investment located in the coveted neighborhood of Emily. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $3,499,000 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.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 750 x 510 ft lot size
  • equipped with partial central cooling and highly efficient other heating

Description

Rare Chemong Lake waterfront investment and redevelopment opportunity just minutes from Peterborough. Set on approximately 4.65 acres with approximately 785 ft of waterfront, this C4-2 zoned commercial property offers exceptional lake frontage, existing resort infrastructure, multiple income streams, and long-term upside. Currently operated as Lancaster Cottage and Trailer Resort, the property includes 50 sites, a main two-storey 3-bedroom house, a 2-bedroom cottage, 2 park models, workshop/shed, public washrooms, public laundry, boat launch, docking system, beach, gazebo, and an approximately 20 x 40 saltwater swimming pool. The property also includes 7 vacant waterfront sites available for new trailer placement or trailer sales income, in addition to seasonal site fees. Located on the shores of Chemong Lake, part of the Trent-Severn Waterway, this property offers direct waterfront access, lake views, boating, recreation, and strong Kawartha lifestyle appeal. The location is minutes from Peterborough, Bridgenorth, Ennismore, and convenient access routes to Highway 115.A rare opportunity to acquire a large-format waterfront commercial property with existing resort use, income potential, substantial frontage, and possible future redevelopment upside. Continue the resort operation, reposition the business, expand seasonal revenue, hold as a waterfront commercial asset, or explore redevelopment potential, subject to all required approvals. Buyer to verify zoning, permitted uses, site count, servicing, income, environmental matters, shoreline regulations, conservation requirements, and redevelopment potential.

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Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date6/3/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeInvestment
Lot Size750 × 510 Feet
CountyKawartha Lakes
Annual Tax$9,581
Legal DescriptionPt N Pt Lt 23 Con 4 Emily Pt 1, 57R4092

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat TypeOther
CoolingPartial

Features

Property Features

Interior Features

Security Features

Community Features

Major Highway

Location

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691 Frank Hill Road, 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 691 Frank Hill Road, Kawartha Lakes, ON K9J 6X3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Mortgage & Affordability Audit

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

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Interest Rate5.25%
Down Payment$699,800 (20.0%)
* Minimum Canadian down payment required for this price is $699,800.
Amortization Period25 Years
Estimated Monthly Payment$16,681Based on a loan of $2,799,200 over 25 years.
Purchase Price$3,499,000
Loan Amount$2,799,200
Provincial Land Transfer Tax:$73,950
Total Estimated Closing Taxes:$73,950

About Purchasing a Home in Kawartha Lakes, ON

For a property listed at $3,499,000 in Kawartha Lakes, the legal minimum down payment is $699,800 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 $73,950 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 $73,950.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$933,823

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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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.