$798,000
Kawartha Lakes
481 Crego Lake Road, Kawartha Lakes (Somerville), Ontario, K0M2A0
This 4-bedroom, 1-bathroom home in Kawartha Lakes is for sale offering roughly 1,300 sq ft of space. It has been on the market 75 days, fresher than the Kawartha Lakes average of 106 days.
WELCOME TO CREGO LAKE and a very private setting with a mix of lovely exposed granite and tall pines, and just steps away from 150 feet of fabulous spring-fed waterfront offering a sunny NW exposure. This classic mid-century 3-season, 1,100 square foot 3 bedroom Viceroy cottage, features a stone fireplace, cathedral ceilings and expansive lakeside windows. It has undergone many recent improvements. A bonus 3-season, 496 square foot bunkie (with loft) is perfect for larger gatherings. Each building has a large screen room. An exceptionally private 0.98 acre lot with gradual steps and walkways leading to the floating dock and 8+ feet of weed-free water. Amazing swimming. A cool treehouse for the kids. Serviced by an eco-friendly Waterloo Biofilter septic system and lake water system. Enjoy fishing & paddling on this quiet 10 horse power motor-restricted lake which is 50 feet deep and has its own small boat launch. An extremely private, very well-managed enclave with only 60 lots. A true nature lover's dream with shared 600 acres with private hiking & XC skiing trails throughout - no motorized vehicles allowed on these trails. The Kinmount Park Estates Association fees are $500 per year, and cover the road and culverts, maintaining the recycling/garbage area, lake water testing, and maintaining and paying taxes on the managed forest and trails around the lake. Direct access to the Somerville County Forest with miles of multi-use Crown Land trails suitable for all powersports. Crego Lake is well known for its large lot sizes. Year-round access, dead-end road, 10 minutes to Kinmount. 2 hours to GTA. Book your showing today. If traditional bank solutions have not met your needs, I can introduce you to a skilled Level 2 Mortgage Agent with access to a broad range of competitive financing options. Click on the video tour. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 75 days on market, against an average age of 106 days across the listings currently for sale in this city
This 4-bed single family in Kawartha Lakes (Somerville) has been listed for 75 days, which is 31 days fresher than the city average of 106. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $798,000, about 10.0× the local median household income of $80,000.
Carrying it typically needs a household income of about $155,877 (20% down, 25-yr amortization, stress-tested) — roughly 95% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0M)
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