1288 Portage Road, Kawartha Lakes, ON
Property Highlights
Welcome to this remarkable Bungalow rural residential located in the coveted neighborhood of Eldon. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $499,000 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 100 x 219 ft lot
- 10.0 total parking spaces available
- Notable attributes: None
- Efficient other heating via electric
Description
100 Ft of frontage on beautiful Mitchell Lake ON the Trent Canal. Year-round access via municipally maintained road. Spacious 100 x 219 ft treed and gently sloping lot with stunning direct lake views and private boat docking access. Enjoy excellent boating, fishing, and peaceful country living. Rare U-shaped driveway offering convenient access and ample parking. Convenient public boat launch nearby. Existing cottage, originally built in 1952 and approximately 900 sq. ft., offers great potential for renovation or redevelopment.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1288 Portage Road, Kawartha Lakes, ON K0M 2B0
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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 $499,000 in Kawartha Lakes, the legal minimum down payment is $24,950 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 $6,455 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 $6,455.
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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.
