542 Lily Lake Road, Selwyn, ON

$1,950,000
MLS#:X12100478
4 beds
3 baths
3500-5000 sqft
20.0 parking
Residential Freehold
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Property no longer active

This property was sold on June 17, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey farm located in the coveted neighborhood of Selwyn. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,950,000 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
  • Generous living space spanning 3500-5000 sqft on a spacious lot (Feet)
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 20.0 total parking spaces available
  • Notable attributes: Other
  • equipped with window unit(s) central cooling and highly efficient forced air heating via gas

Description

Charming Century Home on 14-Acre Hobby Farm with Extensive Outbuildings Just Minutes from Peterborough! Whether you're a hobby farmer, mechanic, multi-generational family, or small business owner, this property has something for everyone. Nestled on a private 14-acre rural lot, this beautifully restored century home offers the perfect blend of old-world charm and modern functionality. At the heart of the property is an oversized 52' x 22' heated mechanical garage, designed to accommodate two hoists and complete with a 2-piece bathroom ideal for automotive work or equipment maintenance. Additional workspaces include a 26' x 25' attached woodworking shop, 18' x 7' lower-level storage, and a 49' x 25' upper loft. Need even more space? The brand-new 2023 60' x 40' steel shop, 40' x 26' drive shed, and 26' x 25' double car garage offer exceptional functionality for any rural or business lifestyle. Inside, the home features 9 ceilings, a spacious eat-in kitchen with double islands and a walkout to a covered patio perfect for entertaining or relaxing in the country air. A formal dining room, main floor laundry, home office, and family room with a cozy gas fireplace add to the homes thoughtful design. There are 4 bedrooms and 3 bathrooms, including a large primary suite with a walk-in closet and ensuite. The main floor bedroom offers in-law suite potential, ideal for extended family or guests. Completely restored in 2008 with exceptional craftsmanship, this home underwent a full renovation down to the double brick exterior walls. All original lathe and plaster was removed and replaced with new 2x4 framing, updated electrical and plumbing, modern insulation, vapor barrier, and drywall throughout. Additional upgrades include a new septic system, a steel roof, and a brand-new air conditioner installed in 2024 ensuring peace of mind and long-term efficiency. Don't miss your opportunity to make it your own!

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Property Summary

This farm located at 542 Lily Lake Road, Selwyn is currently for sale and has been available on SousaSells for 450 days. This property is listed at $1,950,000 with an estimated mortgage of $6,491* per month. It has 4 beds, 3 bathrooms, and is 3500-5000 square feet. 542 Lily Lake Road, Selwyn is in the Selwyn neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 17, 2025
Sold price information is available to members only
Listed Date4/24/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeFarm
Architectural Style2-Storey
ConstructionBrick, Vinyl Siding
BasementFull, Unfinished
CountyPeterborough
Annual Tax$4,380
Legal DescriptionPT S 1/2 LT 7 CON 2 SMITH EXCEPT PTS 1 & 2, 45R6145 AS IN PE2654 ; S/T R90571 ; SMITH-ENNISMORE-LAKEFIELD

Parking & Garage

Parking Total20.0
Parking Space10

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingWindow Unit(s)

Features

Property Features

Interior Features

Other

Security Features

Community Features

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Location

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542 Lily Lake Road, Selwyn, 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 542 Lily Lake Road, Selwyn, ON K9J 6X3

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 Selwyn.

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Interest Rate4.00%
Down Payment$585,000 (30.0%)
* Minimum Canadian down payment required for this price is $390,000.
Amortization Period30 Years
Estimated Monthly Payment$6,491Based on a loan of $1,365,000 over 30 years.
Purchase Price$1,950,000
Loan Amount$1,365,000
Provincial Land Transfer Tax:$35,475
Total Estimated Closing Taxes:$35,475

About Purchasing a Home in Selwyn, ON

For a property listed at $1,950,000 in Selwyn, the legal minimum down payment is $390,000 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 $35,475 for this transaction. As this listing is in Selwyn (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $35,475.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$968,539

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.