Homula Realty Brokerage
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1014 Salmon Lake Road, Trent Lakes, ON K0L 1J0

3+1 beds · 3 baths · 1 kitchen · 7+3 rooms · 10 parking spaces · 2000-2500 sq ft · Laundry on the lower level level · Detached
$2,495,000
Property tax
$9,593 / year

Set on more than 10 acres bordering Crown land, with approximately 1,500 feet of private shoreline on pristine Fortescue Lake, this custom Scott Hay log home offers a level of privacy and craftsmanship that has become exceptionally difficult to find. Built from massive hand-scribed logs, the home showcases remarkable craftsmanship throughout. Soaring ceilings, a striking double-sided stone fireplace connecting the great room and dining area, rich wood interiors and expansive windows create warm, inviting spaces while drawing the outdoors in. The shoreline is nothing short of remarkable. Stretching nearly a third of a kilometre, it offers countless places to swim, explore, or simply enjoy complete privacy while taking in the beauty of the lake. Whether you're relaxing on the dock, spending the day on the water, unwinding in one of the screened sunrooms, or entertaining on the expansive deck overlooking the lake, every space has been designed to make the most of this extraordinary setting. Designed with both everyday living and entertaining in mind, the home offers generous gathering spaces, four bedrooms, three bathrooms and a finished walkout lower level, providing plenty of room for family and guests. Lovingly maintained and accessed by a year-round municipal road, this is more than a waterfront home. It is a legacy property, offering an increasingly rare combination of exceptional privacy, expansive shoreline and enduring craftsmanship. This property is being offered turn-key.

MLS number
X13551120
Type
Detached
Status
Active
Bedrooms
4
Bathrooms
3
Postal code
K0L 1J0
Photos
44
Laundry
Lower Level level
64days · 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

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

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.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 1,173 people.

$82,000Median household income
95.9%Own their home
100%Detached houses
60.8Median age
8.8%Born outside Canada
21.9%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35150319 — the few blocks around this address, home to 1,173 people. It describes the area, not this property.

1,173Population
55.4Average age
2Household size
$124,000Average household income
$82,000Median household income
96%Own their home
4%Rent
0%Condominiums
9%Born outside Canada
22%University degree
$820,000Average home value
13%Low income
16%Never married
Under $5,0001%
$10,000 to $14,9991%
$15,000 to $19,9992%
$20,000 to $24,9992%
$25,000 to $29,9994%
$30,000 to $34,9992%
$35,000 to $39,9993%
$40,000 to $44,9992%
$45,000 to $49,9993%
$50,000 to $59,9995%
$60,000 to $69,9994%
$70,000 to $79,9994%
$80,000 to $89,9993%
$90,000 to $99,9992%
$100,000 and over30%
$100,000 to $124,9999%
$125,000 to $149,9996%
$150,000 to $199,9995%
$200,000 and over8%

Percentages are of the 825 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

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

$499,000 · minimum here is $499,000
$11,047.32per month
Borrowed before insurance$1,996,000
Total borrowed$1,996,000
Interest over 25 years at 4.5%$1,318,196

If you rented it out

-$11,846.74per month out of pocket
Rent$0.00
Everything it costs to hold$11,846.74
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 Sotheby's International Realty Canada. Listing data provided by the Toronto Regional Real Estate Board.