73 King Street, Kawartha Lakes, ON
Property Highlights
Welcome to this remarkable investment located in the coveted neighborhood of Omemee. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $400,000 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 82 x 165 ft lot size
- Convenient other garage included
- equipped with no central cooling and highly efficient gas forced air open heating
Description
Attention investors and developers. Here is a unique opportunity to acquire a commercial property with exceptional potential. Ideally situated on Highway 7 between Peterborough and Lindsay, this property offers a prime location with 82 feet of frontage on Highway 7, plus rear access from Church Street, allowing for more flexible site planning, efficient traffic flow, and multiple access points. Zoned Highway Commercial (C2), the property offers a wide range of permitted uses, including restaurants, motor vehicle sales and service establishments, fuel bars, dry-land marinas, bed and breakfast establishment and more. With so many possibilities under the current zoning, this is an excellent opportunity to bring your entrepreneurial vision to life. 79 King Street East can also be purchased, creating a combined site area of approximately 29,700 square feet (0.68 acres) and an impressive combined frontage of 180 feet.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 73 King Street E, Kawartha Lakes, ON K0L 2W0
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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 $400,000 in Kawartha Lakes, the legal minimum down payment is $20,000 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 $4,475 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 $4,475.
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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.