A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, water/lake/river/ocean view for 1216 Lake Lorraine Rd, Highlands East Ontario K0L 2Y0
7 hours on Market

1216 Lake Lorraine Rd, Highlands East, Ontario K0L 2Y0

Detached
2
1
~< 700 sqft
$649,900
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Detached
2
1
~< 700 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$464/sqft

Est. Mortgage$2,791/mo

Tax Amount (2024)$1,768/yr

Days On Market7 hours


Description

The perfect starter cottage for someone looking to get in to the waterfront market! This cute 2 bedroom fully winterized cottage sits right along the waters edge of Lorraine (Tory) Lake. You'll appreciate the beautiful southern views and all day soon as you enjoy swimming, boating, fishing and water sports on this clean, deep spring fed lake. The gradual, hard sand shoreline is great for all ages and is just steps from the cottage. Inside you'll find a large living room, eat-in kitchen and two generous sized bedrooms. The woodstove is great for chilly nights but the heat pumps will also keep you warm in the winter and cool in the summer. Whether you're outside by the firepit pit roasting marshmallows, sitting on the deck enjoying the view or inside watching late night movies, this is a perfect year round playground for your family! Many upgrades/additions have been completed over the last few years including spray foam insulation, heated water line, submersible pump, on-demand tankless hot water, septic pump and multiple heat pumps. A great affordable waterfront property!!


Property Details

StyleBungalow
ViewLake
Age of property-
SqFt~< 700 SqFt
Lot Size24,800 SqFt(248 x 100)
Parking Spaces4
MLS ®NumberX12116254
Community NameHighlands East
Data SourceTRREB
Listing byRoyal LePage Lakes Of Haliburton

Features

Heating: Heat Pump
Cooling: Wall Unit
Fireplace

Main Floor

Living

4.7 x 4.2

Walk-Out

Kitchen

4.65 x 3.05

Br

2.71 x 3.1

2nd Br

4.1 x 2.4


Features

Lot size: 24,800 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

May 1, 2025
ListedActive
$649,900
7 hours on market
history photo preview44
Listing by trreb®
Property listed by Royal LePage Lakes Of Haliburton, Brokerage
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Market Data - Highlands East

Geo Zone Map ThumbnailHighlands East

Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

40 days

Compared to

2024

24 days

2023

45 days

2022

11 days

New Listings

Past 30 days

20 listings

Compared to

2024

33 listings

2023

20 listings

2022

44 listings

Units sold

Past 30 days

8 units

Compared to

2024

11 units

2023

8 units

2022

20 units

Median Sold Price

Past 30 days

$592,500

Compared to

2024

$750,000

2023

$620,111

2022

$430,000


Population and Demographics

Overview

Total population 3094
Average household income $90,932

Age (%)

65 and plus
34%
50 to 64
32%
0 to 19
12%
20 to 34
11%
35 to 49
11%

Household composition (%)

Single family
60%
Single person
36%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
96%
Others
3%
German
1%

House tenancy (%)

Owners
90%
Renters
10%

Schools and amenities

Estimated Budget