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1231 Highway 7, Kawartha Lakes, ON K0M 2M0

2+2 beds · 2 baths · 1 kitchen · 6+2 rooms · 6 parking spaces · 2000-2500 sq ft · Detached
$739,900
Property tax
$2,963 / year

Historic Schoolhouse Reimagined with Modern Luxury Upgrades and Rare Commercial/Mixed-Use Zoning PotentialOriginally built as a schoolhouse in the early1900s, this one-of-a-kind property seamlessly blends historic charm with extensive modern upgrades. Offering over 3,200 sq. ft. of finished living space, it showcases original pressed tin ceilings, authentic chalkboards,12-foot ceilings on the living and dining area, and a bright open-concept design that celebrates its rich heritage.The spacious kitchen flows into a beautiful main-floor primary retreat features a cozy propane fireplace, walkout to the private backyard.The home offers 2+2 bedrooms & 2 updated bathrooms. A large area overlooks the spectacular great room and provides the perfect space for a living room, dining room, studio, or additional living area. The finished lower level features two additional bedrooms or flex rooms, a walk-up to both the front entrance and backyard, plus a massive workshop offering exceptional storage and workspace. Since 2023, have invested more than $170,000 in quality upgrades, including a high-efficiency heat pump with propane auxiliary furnace and central air (approx. $18,000), a custom west-facing sliding glass door with Juliet balcony (approx. $18,000), a durable steel roof with new soffits, eavestroughs, and gutter guards (approx. $62,000), a water purification system with UV filtration, reverse osmosis, and water softener (approx. $8,000), new front entry doors, and 90% new windows ($38,000). Additional improvements include renovated bathrooms, a newly constructed main-floor primary bedroom, newer appliances (all less than three years old), an updated well pump, enhanced lower-level living spaces, and a privacy fence enclosing approximately 100 ft. x 50 ft.Situated on a lot just 10 minutes from Lindsay, this remarkable property offers a rare opportunity to own a beautifully restored piece of Ontario history while enjoying the comforts and efficiency of modern living.

MLS number
X13585186
Type
Detached
Status
Active
Bedrooms
4
Bathrooms
2
Postal code
K0M 2M0
Photos
50
Laundry
Not in the unit
56days · 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.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

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
$618k$680k$742k20252026this 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.

$147,980 · minimum here is $48,990
$3,276.12per month
Borrowed before insurance$591,920
Total borrowed$591,920
Interest over 25 years at 4.5%$390,915

If you rented it out

-$3,523.03per month out of pocket
Rent$0.00
Everything it costs to hold$3,523.03
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 RE/MAX HALLMARK EASTERN REALTY. Listing data provided by the Toronto Regional Real Estate Board.