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1216 Lake Lorraine (Tory Lake) Lane
homes for sale · Highlands East · Monmouth
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$585,000

1216 Lake Lorraine (Tory Lake) Lane

Monmouth, Highlands East · MLS® X13156076

214

House · Single Family · 156 days on market

listed by Jason Shawera, EXP REALTY

realtor's description

Set on the crystal-clear shores of peaceful Lake Lorraine, this beautifully updated 4-season waterfront cottage offers the kind of lifestyle families dream about. With southern exposure, calm mirror-like waters, and direct access to pristine spring-fed swimming, every day here feels connected to nature. The clean, weed-free shoreline and flat approach to the lake make it ideal for families, with no steep hills or endless stairs to navigate. Positioned right at the water's edge, the cottage captures stunning lake views and sunshine throughout the day. Unlike many busy lakes, Lake Lorraine (Tory Lake) is known for its tranquility, privacy, and strong sense of community. With no public boat launch, you can enjoy peaceful mornings, minimal boat traffic, and the comfort of watching children swim, fish, kayak, or skate close to shore. Thoughtfully upgraded for true year-round living, the property has been extensively improved with new water lines, water filtration system, upgraded insulation, spray foam insulation, heated plumbing systems, two cold-weather Mitsubishi heat pumps for heating and cooling, plus a WETT-certified wood-burning fireplace for cozy evenings at the lake. Every season brings something special here, from breathtaking fall colours to nearby ATV and snowmobile trails, excellent winter skating conditions, and skiing at Sir Sam's just 20 minutes away. Located in the highly desirable Highlands East/North Kawartha region, this property offers a quieter and more affordable alternative to Muskoka while still delivering the waterfront lifestyle buyers are searching for. The property is also Municipality Short-Term Rental License compliant and includes professionally prepared architectural expansion drawings (see attached architectural approved plans), offering incredible future potential for a custom waterfront retreat or investment opportunity. A rare opportunity to own a true year-round waterfront escape designed for making lifelong memories - see attachment

property details

type
House, Single Family
bedrooms
2
bathrooms
1
parking
4
property tax
$1,768 / yr
days on market
156
MLS®
X13156076

features

  • Carpet Free
  • Country residential
  • Fishing
  • Refrigerator

monthly cost

$2,696/mo
Mortgage $2,549 · Tax $147

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$2,549/ monthly
loan $468,000
25-year amortization
total interest
$296,637
cash to close
$117,000
down payment; transfer tax and fees not included
total paid
$764,637

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Monmouth, Highlands EastGoogle Maps ↗

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listed by
Jason Shawera
EXP REALTY
call Jason · 437-360-4788
Powered by: REALTOR.ca
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Walkability 0/100 · Car needed for most errands

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