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$1,995,000
Available - For Sale
Listing ID: X12078697
Welcome to Your Own Private Point on Balsam Lake, Featuring Two Fully Renovated Luxury Cottages! Presenting a rare chance to own One of Few Private Points on Balsam Lake with 370 feet of premium waterfront on all sides and two renovated four-season cottages! Own a one-of-a-kind retreat situated in the heart of the Trent Severn Waterway, where you can enjoy breathtaking north, west, and south waterfront views, ensuring every sunrise and sunset is yours to cherish.This prime opportunity offers all-day sun and panoramic lake views with various outdoor areas to choose from. The peaceful oasis will remain private, nestled across from protected lands. The clear waters are ideal for swimming, boating, and summer gatherings, while winter brings opportunities for winter sports and cozy retreats by the fireplace. Each cottage has been fully renovated since 2018 with custom kitchens, bathrooms, and luxury finishes throughout. The main cottage features an expansive 4-bedroom, 2-bathroom open-concept space with a new wrap-around deck, a concrete pad and fireplace with steps to the water, and a private dock. The guest cottage, offering 3 bedrooms and 1 bathroom, sits on the edge of the point, walking out to a spacious concrete deck overlooking the water and a new secondary dock. Upgrades include brand-new standing-seam roofs (2024), new siding, Generac generator, and much more. The property includes two convenient laundry facilities and an existing wet-slip boathouse that can be renovated to your imagination. Enjoy convenient access from Hwy 35, just minutes from Coboconk and Fenelon Falls, and only two hours from Toronto. Operated as a successful Airbnb for over five years, this property is a proven income generator with a robust book of business included in the sale. Vendor financing (VTB) is negotiable. Dont miss this exceptional opportunity to own a piece of luxury on Balsam Lake!
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $28,495 $56,990 $85,485 $113,980
First Mortgage $541,405 $512,910 $484,415 $455,920
CMHC/GE $14,888.64 $10,258.2 $8,477.26 $0
Total Financing $556,293.64 $523,168.2 $492,892.26 $455,920
Monthly P&I $2,382.56 $2,240.69 $2,111.02 $1,952.67
Expenses $0 $0 $0 $0
Total Payment $2,382.56 $2,240.69 $2,111.02 $1,952.67
Income Required $89,346.09 $84,025.83 $79,163.23 $73,225.13

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Keller Williams Signature Realty, Brokerage

135 Driftwood Village Driv , Kawartha Lakes, K0M 1K0, Kawartha Lakes

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: Kawartha Lakes
Municipality: Kawartha Lakes
Neighbourhood: Coboconk
Style: Bungalow
Lot Size: x 100.00(Feet)
Approximate Age: 51-99
Tax: $9,812.18
Maintenance Fee: $0
Beds: 7
Baths: 3
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229


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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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