54 Lakefield Drive, Kincardine, ON

$899,000
MLS#:X12866620
5 beds
3 baths
2500-3000 sqft
10.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Kincardine. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $899,000 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.

  • 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2500-3000 sqft on a premium 46.64 x 164 ft lot
  • Features a finished with walk-out, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Accessory Apartment, Air Exchanger, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Are you looking for a mortgage helper or perhaps a multigenerational home close to Bruce Power or Lake Huron? You will find loads of value in this 5 bedroom, 3 bathroom home. This charming family home is set on a desirable, quiet street, featuring a large, pie-shaped lot that provides a spacious backyard and excellent privacy a perfect haven for outdoor living and entertainment. The property stands out with its exceptional curb appeal, highlighted by an expansive triple-wide concrete laneway and a large, attached 2-car garage (25x25) with EV charging capabilities, making parking and storage both convenient and impressive. With over 2500 square feet of thoughtfully designed living space spread across two levels, the main portion of the home boasts three generous bedrooms, two full bathrooms, and an open-concept kitchen, dining, and living room area. This inviting central space offers patio access to an elevated back deck, where you can enjoy glimpses of the lake while relaxing or entertaining guests. The primary bedroom features a walk-in closet and a private ensuite, while a spacious rec. room in the basement provides additional family enjoyment. Adding unique value to this property is a tastefully designed two-bedroom, one-bathroom in-law suite with its own laundry and entrance, ideal for multi-generational living or generating rental income ready for immediate occupancy and investment opportunity. This family-oriented residence combines comfort, versatility, and income potential in a premium location, making it truly stand out among todays property listings. This home is ready for the next family to make it your own while the separate unit offers added flexibility.

Upcoming Open Houses

Saturday, June 27, 202611:00 AM - 12:00 PMPublic

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Key Features

Bedrooms
5
Bathrooms
3
Kitchens
2
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusPrice Change
Listed Date3/10/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick, Vinyl Siding
BasementFinished with Walk-Out, Separate Entrance
Lot Size46.64 × 164 Feet
CountyBruce
Annual Tax$5,729.1
Legal DescriptionLot 3, Plan 3M226

Parking & Garage

Parking Spaces10.0
Garage Spaces8
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

School Bus Route, Rec./Commun.Centre, Level, Electric Car Charger, Clear View, Golf

Interior Features

Accessory Apartment, Air Exchanger, Water Heater Owned, Sump Pump, In-Law Suite, Solar Tube, Water Softener

Security Features

Smoke Detector, Carbon Monoxide Detectors

Community Features

Location

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54 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 54 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 Rate5.25%
Down Payment$64,900 (7.2%)
* Minimum Canadian down payment required for this price is $64,900.
Amortization Period25 Years
Estimated Monthly Payment$4,971Based on a loan of $834,100 over 25 years.
Purchase Price$899,000
Loan Amount$834,100
Provincial Land Transfer Tax:$14,455
Total Estimated Closing Taxes:$14,455

About Purchasing a Home in Kincardine, ON

For a property listed at $899,000 in Kincardine, the legal minimum down payment is $64,900 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 $14,455 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 $14,455.

Nearby Listings

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No current listings found in Kincardine.

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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$727,522

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.