The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Winner of the 2023 Canadian National Builders Award for Best Custom Home Over 5,000 Sq Ft. Sitting at the end of a dead-end street, this 8-bed, 8-bath waterfront estate that doesn't just sit on Balsam Lake - it commands it. Over 1.81 acres, 142 feet of waterfront and a federally designated helicopter hangar with appointed pilot's living quarters plus a state-of-the-art gym! - this is the kind of property people build once in a lifetime. Hidden from the road, a circular driveway curves through manicured grounds, building anticipation towards rooflines that break every rule of ordinary. Lake views are never a compromise with the floor-to-ceiling windows flooding the space with natural light. The main house spans 6,357 sq ft of finished living space - plenty of room for family, and even more for guests. Large gatherings come naturally with the oversized concrete kitchen island and generous dining space. The main floor primary suite is its own sanctuary - a Wyoming King-sized bed on a remote-controlled swivel to command the lake view, a private walkout deck, his-and-her walk-in closets, and a 5-piece spa-inspired bathroom. Two home offices occupy the 2nd floor, one doubling as a guest bedroom with its own ensuite and Murphy bed. The lower walkout level offers a ventilated poker room/cigar lounge and wine cellar, a custom bunk-bed room with 4 queen beds, plus 2 additional bedrooms, 2 baths and games room. Outside: a lounge area, hot tub, sprawling level lawn, fire pit seating, and expansive glass-railed decking. An armour stone retaining wall frames the water's edge, with steps leading to the lake. A 900 sq ft double dry-slip boathouse and two private docks keep your vessels stored, dry, and ready. Only steps from OFSC snowmobile trails, yet far enough down the road that only the occasional deer passes by. This isn't a home, it's a destination - complete with a mailing address, garbage pick-up, fibre internet, and every modern amenity imaginable. Under 2 hours to Pearson
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$32,720/mo
Mortgage (principal + interest)$29,928
Property taxFrom listing: $33,505/yr$2,792
Minimum 20% ($1,600,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$1,600,000
Ontario land transfer taxProvincial brackets, no first-time refund$186,475
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$1,789,275
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Kawartha Lakes has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
