40 Lakefield Drive, Kincardine, ON

$919,000
MLS#:X12095386
4 beds
3 baths
1100-1500 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on May 22, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Kincardine. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $919,000 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.

  • 4 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 57.41 x 124.02 ft lot
  • Features a finished with walk-out, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Accessory Apartment, In-Law Capability, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Discover this stunning "like new" move-in ready 4-bedroom, 3-bath home built in 2020 in the desirable Lakefield Estates community. The spacious open-concept main floor features a stylish AyA kitchen with granite countertops, a large island, and seamless flow to the dining and living areas all under soaring 9-foot ceilings. Enjoy designer lighting, hardwood and ceramic flooring throughout the main living spaces and foyer, with ceramic tile in all bathrooms for easy maintenance.The home offers three bedrooms upstairs including a spacious primary with ensuite and walk-in closet and a fourth in the fully finished lower level, which boasts a huge 13 x 32 walkout family room perfect for entertaining or relaxing.The lower level offers a unique opportunity to generate income with a second kitchen and multiple separate entrances making it a completely self-contained second unit & could be rented for $1500.0+/mth. The large utility room provides convenient access to the backyard. Step outside the kitchen to an 8 x 18 deck overlooking the inviting, fully fenced back yard with additional deck, storage shed & green space. You'll appreciate the curb appeal of the home with the all-brick exterior, concrete driveway and walkways plus the attached double car garage. Central vac is roughed in for future convenience. Just steps away, enjoy easy access to Boiler Beach and the shores of Lake Huron, making this an ideal location for outdoor enthusiasts.This home is ready for you to move in and start enjoying all the benefits of modern living in a vibrant, family-friendly neighbourhood.

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Property Summary

This detached home located at 40 Lakefield Drive, Kincardine is currently for sale and has been available on SousaSells for 451 days. This property is listed at $919,000 with an estimated mortgage of $3,059* per month. It has 4 beds, 3 bathrooms, and is 1100-1500 square feet. 40 Lakefield Drive, Kincardine is in the Kincardine neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 22, 2025
Sold price information is available to members only
Listed Date4/22/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished with Walk-Out, Full
Lot Size57.41 × 124.02 Feet
CountyBruce
Annual Tax$4,793
Legal DescriptionLot 10, plan 3m226 municipality of Kincardine

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Accessory Apartment, In-Law Capability, Primary Bedroom - Main Floor, In-Law Suite, Water Heater Owned, Air Exchanger

Security Features

Community Features

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Location

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40 Lakefield Drive, Kincardine, 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 40 Lakefield Drive, Kincardine, ON N2Z 0C9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

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

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Interest Rate4.00%
Down Payment$275,700 (30.0%)
* Minimum Canadian down payment required for this price is $66,900.
Amortization Period30 Years
Estimated Monthly Payment$3,059Based on a loan of $643,300 over 30 years.
Purchase Price$919,000
Loan Amount$643,300
Provincial Land Transfer Tax:$14,855
Total Estimated Closing Taxes:$14,855

About Purchasing a Home in Kincardine, ON

For a property listed at $919,000 in Kincardine, the legal minimum down payment is $66,900 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 $14,855 for this transaction. As this listing is in Kincardine (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $14,855.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Kincardine, Kincardine.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$780,837

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

St Anthony's
Public709 Russell Street, Kincardine, Ontario, N2Z 1R1
5.1
Huron Heights
Public785 Russell Street, Kincardine, Ontario, N2Z 1S7
6.5
Elgin Market
Public305 Queen Street, Kincardine, Ontario, N2Z 2R6
7.0

Secondary Schools

Kincardine
Public885 River Lane, Kincardine, Ontario, N2Z 2B9
7.1

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.