$1,599,000
Marmora and Lake
114 Peninsula Road, Marmora and Lake (Lake Ward), Ontario, K0L1W0
This 4-bedroom, 4-bathroom home in Marmora and Lake is for sale offering roughly 2,750 sq ft of space.
I am excited to share details about a remarkable property on Lake of Islands, offering unparalleled privacy and stunning natural beauty. This custom crafted Lindal red cedar home boasts over 4,300 square feet of finished living space, meticulously designed with a grand open concept living area. A large stone fireplace and masonry heater provide warmth and comfort, while floor-to-ceiling windows offer incredible views of the lake.The formal dining area is perfect for family gatherings, and the custom kitchen features quartz counters and an additional dining space. The home includes a spacious primary suite facing the lake, three more generous bedrooms on the second level, and four bathrooms. The fully finished basement offers additional living space, while amenities such as an automated generator, and cold storage/wine cellar add to the home's appeal. Situated on over 5 acres with 960 feet of shoreline, this property enjoys breathtaking sunsets over the sparsely populated Lake of Islands, part of a two lake system that includes Dickey Lake. Surrounded by tall pines, it offers complete privacy and a serene connection with nature, where the sounds of loons will truly captivate you. This property also comes with a fractional ownership of an additional 100 acres just down the road where you can enjoy a great trail system. The home also comes completely furnished - as viewed. I invite you to experience this exceptional property firsthand. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 417 days on market, against an average age of 165 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 62 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.2 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 4-bed single family in Marmora and Lake (Lake Ward) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,599,000, about 20.2× the local median household income of $79,000.
Carrying it typically needs a household income of about $312,341 (20% down, 25-yr amortization, stress-tested) — roughly 295% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0L)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.