Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Verulam. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $980,000 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.
This newly renovated 4-season home offers the perfect blend of modern living and lakeside tranquility, situated in a family-friendly neighbourhood with school bus routes. Boasting breathtaking views of Sturgeon Lake and located along the renowned Trent Severn Waterway, the property offers access to a network of interconnected lakes and multiple locks, making it ideal for boating enthusiasts. Thoughtfully updated with designer finishes throughout, the spacious open-concept living area is filled with natural light and provides an ideal setting for both relaxation and entertaining. The gourmet kitchen features sleek countertops, brand-new appliances, and ample storage space, making it a chefs dream. The lower-level spa area includes a steam sauna and a soaker tub that can also be used as a cold plunge- the perfect way to unwind after a day on the lake or nearby trails. Outside, enjoy your 44-foot dock for boating, fishing, or simply taking in the serene waterfront views. The detached 20x36 garage is equipped with electricity and comfortably fits four vehicles, offering plenty of space for storage or recreational equipment. Steps away from a public beach, marina, park, and government boat launch, this property is surrounded by year-round activities. In the winter, enjoy snowmobiling and ice fishing, while the warmer months offer hiking, swimming, and water sports. Conveniently located less than 20 minutes from Bobcaygeon, Peterborough, and Fenelon Falls, you'll have easy access to shops, restaurants, and local attractions while still enjoying the peace and privacy of lakeside living. The sellers are offering the option to include all furnishings, as seen in the photos, creating a turn-key opportunity for short-term rental income or a ready-to-enjoy personal retreat. Don't miss your chance to own a beautifully updated waterfront escape.
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Beach, Lake Access, Marina, Park, Waterfront, School
Sauna
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 11 Fifth Street, Kawartha Lakes, ON K0M 1L0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Kawartha Lakes.
About Purchasing a Home in Kawartha Lakes, ON
For a property listed at $980,000 in Kawartha Lakes, the legal minimum down payment is $73,000 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 $16,075 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 $16,075.
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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.