75 Beaver Drive, Kawartha Lakes, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Somerville. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,599,999 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 1163 x 1006 ft lot size
Description
This is undoubtably one of the most spectacular waterfront lots to ever come to market in the western Kawarthas. The 15.4 acre property has 1,163 ft of waterfront on a point midway up the western shore of Four Mile Lake - one of the best lakes in the western Kawarthas that is famous for its spring-fed, crystal clear water. The lot is level and dry, and the owners have made a tremendous investment over many years to prepare the lot for development. The result is a vast area of gorgeous park-like terrain interspersed with mature trees that must be seen in person to truly appreciate, and where one can easily visualize their dream lake house and any number of accessory buildings and recreational facilities in an oasis of privacy and tranquility. There is hydro at the lot line and a driveway is in place, making a quick transition to building possible.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 75 Beaver Drive, Kawartha Lakes, ON K0M 1K0
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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 $1,599,999 in Kawartha Lakes, the legal minimum down payment is $320,000 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 $28,475 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 $28,475.
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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.