Price
$1,175,000
Bedrooms3 Beds
Bathrooms1 Baths
Size1100-1500 sqft
Year Built31-50
Property TypeHouse
Property Taxes$7132.48
Maintenance FeesNot listed
Affordable opportunity on coveted Balsam Lake! Tucked on a quiet dead-end lane with only four properties, this 1985 three-bedroom, one-bath bungalow rests on a 0.56-acre lot offering 100 ft of pristine Balsam Lake waterfront adjacent to prestigious Long Point. Towering trees frame postcard views across clean, sparkling waters - Balsam is the Kawarthas most desired lake for its clarity and direct Trent-Severn access. Inside, a vaulted, open-concept great room merges kitchen, dining, and living, anchored by a floor-to-ceiling brick fireplace and a walk out to a sundeck overlooking the lake. Every principal room captures the view, serving sunrise coffees and calm waters. The buildings are solid, and with some TLC there is a great deal of future potential. The buildings are solid: newer roof shingles, aluminum siding, soffits, and eaves protect the shell; a full, unfinished basement awaits extra bedrooms, media room, or gym. A 23 x14 dry boathouse shelters a boat and water toys; the older bunkie currently rustic (built in the 1940's with the original cedar)for a makeover into guest suite or rental. With some TLC, equity will soar in a neighbourhood of multimillion-dollar retreats. Four existing structures allow for endless opportunities to build your own dreams. Swim from your dock, cast for bass and walleye, or cruise the Trent-Severn and boat the world from your doorstep. Drive minutes to Fenelon Falls or Kirkfield for shopping, golf, and restaurants, then zip back to the GTA in just 1.5 hours. Hydro, septic, and year-round access let you upgrade at your own pace. Whether you picture a sleek modern lakehouse, family compound, or smart investment, the location, lot, and shoreline do the heavy lifting, just bring your creativity. Book your showing and unlock unmatched potential today. Estate sale - first time offer for sale in many decades.
Dimensions
7.1' × 3.6'
Features
combined w/dining, w/o to sundeck, overlook water
Dimensions
0' × 0'
Features
open concept, overlook water
Dimensions
5.19' × 4.72'
Features
w/o to water, fireplace, overlook water
Dimensions
5.19' × 4.72'
Features
w/o to water, fireplace, overlook water
Dimensions
0' × 0'
Features
open concept, overlook water
Dimensions
7.1' × 3.6'
Features
combined w/dining, w/o to sundeck, overlook water
Have questions about this property?
Contact MeTotal Monthly Payment
$4,816 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$940,000
Total Interest Payments
$579,568
Total Payment (Principal + Interest)
$1,519,568
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Sales Representative
Bexley, Kawartha Lakes K0M 1K0
Bexley, Kawartha Lakes K0M 1K0
Bexley, Kawartha Lakes K0M 2B0
Bexley, Kawartha Lakes K0M 1N0
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.
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