750 Balsam Grove Road, Kawartha Lakes, ON

$539,900
MLS#:X8475590
3 beds
2 baths
1500-2000 sqft
5.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Fenelon. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $539,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 60 x 174.68 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Sump Pump, Sewage Pump, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Welcome to your serene hideaway! This charming home is nestled among mature trees, providing a private oasis hidden from the road. As you step onto the inviting front porch, you'll immediately feel the tranquility this property offers. Inside, the home features a spacious open floor plan with an eat in kitchen, ideal for family gatherings and entertaining. This cozy abode includes three bedrooms and two well-appointed bathrooms, ensuring ample space for everyone. The separate entrance hall adds convenience, while the front porch and hot tub offer wonderful spots to relax and unwind. The long driveway leads to a large garage, providing parking space and plenty of storage. The garage boasts a separate storage room and a loft, perfect for additional storage or a creative workspace. One of the highlights of this property is its prime location. With access to Balsam Lake just down the road and close proximity to the charming town of Fenelon Falls, you'll enjoy the best of both worlds peaceful seclusion and convenient access to recreational activities and local amenities. This home combines comfort, privacy, functionality, making it an idyllic retreat and could be your perfect home!

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Property Summary

This detached home located at 750 Balsam Grove Road, Kawartha Lakes is currently for sale and has been available on SousaSells for 748 days. This property is listed at $539,900 with an estimated mortgage of $1,797* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 750 Balsam Grove Road, Kawartha Lakes is in the Fenelon neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 5, 2024
Sold price information is available to members only
Listed Date6/24/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick
BasementFinished
Lot Size60 × 174.68 Feet
CountyKawartha Lakes
Annual Tax$2,237.86
Legal DescriptionPT LT 22 CON 5 FENELON AS IN R334572; KAWARTHA LAKES

Parking & Garage

Parking Spaces5.0
Garage Spaces5
Garage TypeDetached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Lake/Pond, Library, Park, Place Of Worship, Marina

Interior Features

Sump Pump, Sewage Pump, Water Heater Owned, Water Treatment

Security Features

Community Features

Location

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750 Balsam Grove 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 750 Balsam Grove Road, Kawartha Lakes, ON K0M 1G0

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$161,970 (30.0%)
* Minimum Canadian down payment required for this price is $28,990.
Amortization Period30 Years
Estimated Monthly Payment$1,797Based on a loan of $377,930 over 30 years.
Purchase Price$539,900
Loan Amount$377,930
Provincial Land Transfer Tax:$7,273
Total Estimated Closing Taxes:$7,273

About Purchasing a Home in Kawartha Lakes, ON

For a property listed at $539,900 in Kawartha Lakes, the legal minimum down payment is $28,990 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 $7,273 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 $7,273.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$903,444

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.