Detached House sold at 197 Lightning Point Road, Kawartha Lakes, Ontario, K0M 1K0 - Somerville - MLS: X12425332

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197 Lightning Point Road

Kawartha Lakes, Ontario, K0M 1K0 - Somerville

$1,197,000$000000

Neighbourhood

Somerville
Major Intersection

Hwy #35/Lightning Point Rd

Listed Since: 220 day(s)
Last update: 208 day(s) ago

Overview

Property Type

Detached, Bungalow-Raised
Bedrooms

3
Bathrooms

2
Basement

Fin W/O + Sep Entrance
Kitchen

1
Total Parking

10 (2 Detached Garage)
Lot Size

84.84x277.02 (Feet)
Taxes

$7,536.40 (2025)
Type

Freehold

Property Description

Property description for 197 Lightning Point Road, Kawartha Lakes

Welcome to your dream waterfront escape on stunning Balsam Lake in the heart of the Kawartha Lakes, under 2 hours from Toronto! This beautifully maintained property was featured on the TV Show "Income Property". It is a 4-season home, cottage or Income Property which offers the perfect blend of peaceful lakefront living and modern comfort. Situated on a premium 85' by 278' lot with direct water access, breathtaking sunsets with west facing crown land green space, excellent boating, the top rated fishing and year-round recreational activities. Inside You will find a bright, open-concept living space with large windows framing panoramic lake views. The spacious kitchen features stainless steel appliances and ample counter space ideal for hosting friends and family. Cozy up by the fireplace in the inviting living room or step out onto the expansive deck to soak in the views. With multiple bedrooms and generous outdoor space, this Lake House is perfect for both relaxing weekends and full-time living. The private dock, mature trees, and landscaped yard offer a picturesque waterfront retreat. Plus, you're just minutes from local amenities, golf courses, trails, and charming towns like Coboconk, Fenelon Falls, Minden & Bobcaygeon. Whether you're looking for a lakefront cottage getaway, a retirement haven, a family-friendly retreat, an income generating rental property or a combination of them all, 197 Lightning Point Road delivers an unbeatable lifestyle in one of Ontario's most desirable lake regions on the pinnacle lake of the Trent Severn Waterways, Balsam Lake. 5 minute drive into Coboconk where you will find: Grocery Store, Hardware stores, Pharmacy, Gas Station, Restaurants, LCBO and more. Septic, Fireplace (WETT) & Well water inspections have all passed. Oversized 2 car garage has potential to be a secondary cottage/Bunkie. 10 Sugar maple trees have been producing delicious Maple Syrup.

Listed by ROYAL LEPAGE VISION REALTY

Property details

MLS #

X12425332
Sq. Ft

1500-2000
Sq. Ft. Source

MLS
Lot Irregularities

Y
Year Built

31-50
Pool

None
Drive

Private
Garage

Detached, 2 spaces
Total Parking

10
Family Room

Y
Den

Y
Exterior

Wood
Fireplace

Y
Roof

Asphalt Shingle
Foundation

Block
Elevator

n/a
Water View

Y
Laundry Level

Lower
Heat

Baseboard
A/C

None
Water

Well
Water Supply

n/a
Sewers

Septic
Central Vac

N

MLS #

X12425332
Sq. Ft

1500-2000
Sq. Ft. Source

MLS
Lot Irregularities

Y
Year Built

31-50
Pool

None
Drive

Private
Garage

Detached, 2 spaces
Total Parking

10
Family Room

Y
Den

Y
Exterior

Wood
Fireplace

Y
Roof

Asphalt Shingle
Foundation

Block
Elevator

n/a
Water View

Y
Laundry Level

Lower
Heat

Baseboard
A/C

None
Water

Well
Water Supply

n/a
Sewers

Septic
Central Vac

N

Kitchen

4.37 x 3.37 ft Main level

Stainless Steel Appl, Centre Island, Open Concept
Dining

3.91 x 3.79 ft Main level

Overlook Water, Open Concept, Vinyl Floor
Living

6.21 x 3.91 ft Main level

Fireplace, Overlook Water, Open Concept
Sunroom

7.79 x 2.63 ft Main level

W/O To Deck, Overlook Water, Separate Rm
Primary

4.23 x 3.63 ft Main level

Vinyl Floor, Window, Closet
2nd Br

3.62 x 2.57 ft Main level

Vinyl Floor, Window, Closet
3rd Br

3.9 x 3.36 ft Lower level

Broadloom, Window, Closet
Family

12.8 x 3.81 ft Lower level

Overlook Water, Large Window, Open Concept
Games

12.8 x 3.81 ft Lower level

Overlook Water, Large Window, Open Concept
Den

3.91 x 2.34 ft Lower level

Separate Rm
Utility

4.17 x 1.43 ft Lower level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 197 Lightning Point Road, Kawartha Lakes

This property has been sold 4 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Estimated price

Date

Price

Change

2025-09-25

$1,168,057

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Local Real Estate Price Trends for Detached in Somerville

Active listings

Number of Detached Sold

April 2026

Last 3 Months

Last 12 Months

April 2025

Last 3 Months LY

Last 12 Months LY

Change

-50%

Change

100%

Change

100%

Average Selling price

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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