491 Portage Rd

FOR SALE
$779,000
491 Portage Rd, Kawartha Lakes
491 Portage Rd
491 Portage Rd
491 Portage Rd
491 Portage Rd
491 Portage Rd
491 Portage Rd
491 Portage Rd
491 Portage Rd
491 Portage Rd
491 Portage Rd
491 Portage Rd
491 Portage Rd
491 Portage Rd
491 Portage Rd
491 Portage Rd
491 Portage Rd
491 Portage Rd
491 Portage Rd
491 Portage Rd
491 Portage Rd
491 Portage Rd
491 Portage Rd
491 Portage Rd
491 Portage Rd
491 Portage Rd
491 Portage Rd
491 Portage Rd
491 Portage Rd
491 Portage Rd
491 Portage Rd
491 Portage Rd
491 Portage Rd
491 Portage Rd
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6
BEDROOMS
3
BATHROOMS
1
KITCHENS
15
ROOMS
X9300408
MLSID
Contact Us
Property Description
Introducing a remarkable property built circa 1880, once owned by railroad tycoon Sir William Mackenzie. Located in Kawartha Lakes, this grand home offers over 3,500 sq ft of living space with six spacious bedrooms, three full bathrooms, and a charming wood-burning fireplace in the family room. Set on over five acres, the property includes a peaceful pond and features over 450 feet of frontage on Highway 48. Close to the Trent Severn Waterway, Balsam Lake, and with easy access to Highway 12, this location offers both tranquility and convenience. This century home is ideal for someone who appreciates its historic charm and is ready to restore it to its former glory. Dont miss the chance to own this unique piece of history!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-17 2024-09-05 80 $799,000 - Terminated
Extras
Second entrance on the east side of the property.
Property Features
Beach, Campground, Lake Access, Level, School Bus Route
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
465' x 475'
Acreage
5-9.99
Lot Irregularities
Widens slightly at rear
Fronting
North
Taxes
$3,170 (2023)
Basement
Full
Exterior
Other
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Window Unit
Water
Well
Parking Spaces
6
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain16.47' x 16.04'Wood Floor, Fireplace
LivingMain16.60' x 16.63'Fireplace Insert
BathroomMain6.53' x 4.23'3 Pc Bath
LivingMain16.54' x 16.40'Wood Stove
KitchenMain18.70' x 9.06'
Prim Bdrm2nd14.57' x 15.55'
Bathroom2nd8.69' x 4.43'4 Pc Ensuite
2nd Br2nd14.63' x 15.55'
Bathroom2nd9.84' x 4.43'4 Pc Ensuite
3rd Br2nd15.39' x 9.25'
4th Br2nd11.78' x 13.19'
5th Br2nd14.14' x 7.84'
Kawartha Lakes Market Statistics
Kawartha Lakes Price Trend
491 Portage Rd is a 6-bedroom 3-bathroom home listed for sale at $779,000, which is $16,000 (2.1%) higher than the average sold price of $763,000 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 6 bedroom home in Kawartha Lakes declined by $1,137,000 (59.8%) compared to the previous 30 day period (July 21 - August 19) and down $707,000 (48.1%) from the same time one year ago.
Inventory Change
There were 3 6-bedroom homes listed in Kawartha Lakes over the last 30 days (August 20 - September 18), which is down 0.0% compared with the previous 30 day period (July 21 - August 19) and up 50.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
6-bedroom homes in Kawartha Lakes typically sold ($62,000) (8.1%) below asking price over the last 30 days (August 20 - September 18), which represents a $36,800 increase compared to the previous 30 day period (July 21 - August 19) and $95,100 less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 6-bedroom homes in Kawartha Lakes over the last 30 days (August 20 - September 18) stood at 33.3%, down from 33.3% over the previous 30 days (July 21 - August 19) and down from 100.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 3-bathroom home in Kawartha Lakes stood at 41 days when successfully sold over the last 30 days (August 20 - September 18), compared to 102 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royale Town And Country Realty Inc.
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