$524,900

For saleJust listed

5641 35 Highway, Kawartha Lakes (Somerville) - Single Family for Sale

5641 35 Highway, Kawartha Lakes (Somerville), Ontario, K0M1N0

3 beds2 baths13 parking1,300 ft²481 × 502 ft (5.53 acres) lot sizeListed Today

Overview

This 3-bedroom, 2-bathroom home in Kawartha Lakes is for sale offering roughly 1,300 sq ft of space. Listed at $524,900, it is attractively priced about 18% below the $640,000 median asking price in Kawartha Lakes. It has been on the market 0 days, fresher than the Kawartha Lakes average of 106 days.

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Description

A unique property in the community of Rosedale with multiple possibilities. First - two homes plus a large building that was once inhabited with attached garages (great for storage space). Second - use your Imagination. This amazing, completely level property offers 2.5 acres with almost 500 feet of highway frontage, 3 separate driveways and incredible exposure. Only 7 minutes from downtown Fenelon Falls, 20 minutes from Lindsay, and just around the corner from Balsam Lake and the Trent Canal Waterway. Hwy. 35 represents a key gateway through Kawartha Lakes to Haliburton Highlands and beyond. This is a high-traffic locale heading to cottage country. You cannot get a better location than this for your business or development dreams. Exposure here is second-to-none! Everything from a marina to tourist-based ventures, food industry and more - let your imagination run wild. All subject to required approvals. Two private wells and two septic systems are on site. No town sewer or water services are currently available. Looking for that perfect high-exposure, prominent spot for your next venture? This is it! (id:66096)

Property Details

MLS®: X14149762
Property Type: Single Family
Zoning: A1
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 13
Interior Size: 1,300 ft²
Lot Size: 481 × 502 ft (5.53 acres)
Frontage: 481 ft
Storeys: 1
Style: Bungalow
Basement: Partial, None
Heating: Baseboard heaters, Electric
Cooling: None
Garage: Attached Garage, Garage
Ownership

Rooms

Basement

Family room: 2.92 x 3.3 meters
Laundry room: 2.92 x 2.39 meters

Main level

Bedroom: 2.5 x 5.79 meters
Bedroom 2: 3.56 x 2.74 meters
Bedroom 3: 2.29 x 5.8 meters
Kitchen: 2.6 x 2.84 meters
Living room: 8.12 x 2.96 meters
Bathroom: 1.25 x 1.08 meters
Bathroom: 1.88 x 2.74 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: All
Foundation: Block, Slab
Exterior: Wood, Vinyl siding
Lot Features: Level lot

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Kawartha Lakes (Somerville) listings, avg age

106d

Price / ft²

$404

List price

$525K

Haho

This 3-bed single family in Kawartha Lakes (Somerville) has been listed for 0 days, which is 106 days fresher than the city average of 106. Act while there is still low competition.

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Listed by RE/MAX Professionals North · RETA CURRIE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0M)

This home lists at $524,900, about 6.6× the local median household income of $80,000.

Carrying it typically needs a household income of about $102,531 (20% down, 25-yr amortization, stress-tested) — roughly 28% above the area median.

Median household income: $80,000
Population: 53,815
Median age: 56.8
Owner / renter: 88% / 12%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA K0M)

$524,900· $404/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment5.24% · $27,490

Min 5.24%50%

Mortgage payment$2,758/mo

↳ CMHC premium ($19,896 capitalized)

Property tax (est.)$343/mo

Total monthly$3,101

Cash Needed to Close

Down payment (5.24%)$27,490

Land transfer tax$6,973

Est. closing costs$4,075

Total cash needed$38,538

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