Homula Realty Brokerage
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.

32 Shadow Lake Road 2 Road, Kawartha Lakes, ON K0M 2L0

3 beds · 1 bath · 1 kitchen · 9 rooms · 10 parking spaces · 1100-1500 sq ft · Detached
$1,299,000
Property tax
$5,973 / year

This unique waterfront property on Shadow Lake features a virtually new home on a large 2.5 acre lot along with a 40' x 60' Quonset for all your storage needs. In 2021 the home was raised and a new poured concrete basement was installed. The interior was gutted and updated with all new wiring and insulation, and the ceiling in the main living area was raised. The interior is now completely modern and bright with a stunning kitchen that opens to a dining and living area that features floor-to-ceiling windows that provide lovely vistas of the waterfront and opposite shore. Other enhancements include an all new water filtration, UV and reverse osmosis system, new propane water heater, newer furnace, heated floors in the foyer and bathroom, and a Generac generator. The 110 ft of waterfront is north-west facing with wade-in sandy shoreline and armour stone to prevent erosion. The waterside section of the lot also has a garage/workshop with a carport and an insulated bunkie. All principle buildings have metal roofs. The Quonset is a tremendous asset for those with plenty of recreational or business equipment and is located in the section of the lot across Shadow Lake Road 2. There is plenty of open area in this section suitable for camping or other activities. This property is being sold turn-key, with all appliances and almost all furniture and furnishings included, as well as the pontoon boat with a 40 hp outboard.

MLS number
X13437544
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
1
Postal code
K0M 2L0
Photos
31
92days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

This address could not be placed on the mapHomula matches addresses against open government address data, and this one found no match — so the map, the nearby schools and the school boundaries are all unavailable for this listing. It is a gap in our data, not a property without schools nearby.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

The market around this home

Detached houses in Kawartha Lakes1,786 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$606k$960k$1.31M20252026this home’s asking price
$650klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
96%98%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d27d55d20252026
24dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in kawartha lakes. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$259,800 · minimum here is $104,900
$5,751.69per month
Borrowed before insurance$1,039,200
Total borrowed$1,039,200
Interest over 25 years at 4.5%$686,307

If you rented it out

-$6,249.44per month out of pocket
Rent$0.00
Everything it costs to hold$6,249.44
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Kawartha Waterfront Realty Inc.. Listing data provided by the Toronto Regional Real Estate Board.