Renovated Waterfront Bungalow on Trent-Severn Waterway in Kawartha Lakes

Property details for 55 Paradise Road, Kawartha Lakes

Type: Residential
Style: Bungalow
Bedrooms: 3
Bathrooms: 1
Lot Size: 112.6 x 120 FT
Stories: 1
Basement: Crawl space
Parking: No Garage
Heating: Baseboard heaters, Propane
Cooling: None
Exterior: Aluminum siding
Ownership: Freehold
Annual Taxes: $2,300

It's a 3-bed, 1-bath bungalow on a 112.6 by 120 foot lot. Photos show aluminum siding and a concrete foundation. Inside, you'll see updates from a 2023 reno with baseboard heaters and a propane system. No garage here, just a crawl space underneath. Appliances include a fridge, stove, and water purifier. Right on the Trent-Severn Waterway in a quiet cul-de-sac. Kirkfield Lift Lock is 8.3 km away. Beaverton North Aerodrome is 9.9 km off. This place comes fully furnished. Your annual fee is $225 for snow clearing. Taxes run about $2,300 a year. At $895,000, it's above the nearby median of $687,450. This is a freehold property with waterfront access only. That lot behind isn't part of the deal.

About 55 Paradise Road, Kawartha Lakes — Property Score

Hot Market

Score: 61/100

Value

Priced 12% above area median of $799,000 based on 36 comparable properties nearby 52

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - typical for similarly priced homes 60

1 bathroom - 1 fewer than similarly priced properties nearby 48

13,512 sqft lot - an oversized lot for the area 90

Location

$70K median household income - near the Canadian average of $70K 65

76% of residents hold postsecondary credentials - a highly educated neighbourhood 85

96% homeownership rate - indicating a stable, owner-occupied community 97

33% of residents commute under 30 minutes - longer average commute times 56

30/km² population density - a rural or semi-rural setting 55

Market

Just listed - area average is 136 days on market 100

+14.2% median price change over 1 month - rising prices in the area 100

77.3 months of housing supply - 232 active listings with 3 sold last month (buyer's market) 40

Features

0-car garage - area average is 7 spots 35

Crawl space basement 50

baseboard heating throughout 55

None 30

Waterfront, View - premium features that add significant value 80

Investment

0.26% effective tax rate ($2,300/yr) - very low tax burden 92

4% renter population - primarily owner-occupied area 35

Quality

Condition

Listing

26 photos provided - below the area average of 38 photos 92

5 of 7 key property details provided (71%) - good detail coverage 76

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.