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973 North Bay Drive, Kawartha Lakes, ON K0M 2B0

3 beds · 1 bath · 1 kitchen · 8+2 rooms · 6 parking spaces · 1100-1500 sq ft · Laundry on the lower level level · Detached
$995,000
Property tax
$5,175 / year

Welcome to 973 North Bay Drive, a place where cottage dreams come to life. Wet bathing suits and towels drying on the line, morning coffee to the sound of the loons, evenings by the campfire watching the moon rise over the water. The year round home or cottage sits at the end of a dead-end road - the kind where the only traffic is neighbours out for an evening walk - just across the street from the sandy, wade-in waterfront (waterfront lot 52' X 80'). Spend your days exploring Balsam Lake, splashing around the shore, or burning off energy at the playground, the trails and beach at Balsam Lake Provincial Park next door.Inside, 3 good-sized bedrooms plus a loft mean room for everyone, plus 1 bathroom. A dry boathouse holds the kayaks, an attached 1-car garage, and a large, level, private lot round it out, with an unfinished basement (laundry, walk-up) with plenty of storage and room to grow into.

MLS number
X13669976
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
1
Postal code
K0M 2B0
Photos
45
Laundry
Lower Level level
31days · 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.

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 Lakes — 1,786 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
$613k$808k$1.00M20252026this 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.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 910 people.

$78,500Median household income
90.7%Own their home
95.4%Detached houses
60.4Median age
12.1%Born outside Canada
14.9%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35160105 — the few blocks around this address, home to 910 people. It describes the area, not this property.

910Population
53.8Average age
2.1Household size
$101,200Average household income
$78,500Median household income
91%Own their home
9%Rent
0%Condominiums
12%Born outside Canada
15%University degree
$848,000Average home value
10%Low income
18%Never married
Under $5,0001%
$10,000 to $14,9992%
$15,000 to $19,9992%
$20,000 to $24,9993%
$25,000 to $29,9993%
$30,000 to $34,9993%
$35,000 to $39,9993%
$40,000 to $44,9993%
$45,000 to $49,9993%
$50,000 to $59,9998%
$60,000 to $69,9994%
$70,000 to $79,9995%
$80,000 to $89,9997%
$90,000 to $99,9994%
$100,000 and over25%
$100,000 to $124,9998%
$125,000 to $149,9995%
$150,000 to $199,9996%
$200,000 and over6%

Percentages are of the 595 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.

$199,000 · minimum here is $74,500
$4,405.64per month
Borrowed before insurance$796,000
Total borrowed$796,000
Interest over 25 years at 4.5%$525,693

If you rented it out

-$4,836.89per month out of pocket
Rent$0.00
Everything it costs to hold$4,836.89
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 Signature Elite Realty Ltd.. Listing data provided by the Toronto Regional Real Estate Board.