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Investment signal

$289,800

3402 ISLAND 340

Beds

1

Baths

1

Sqft

Year

Location

See the block, not just the house.

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About this home

Priced to sell, this is your chance to own a beautiful waterfront cottage on Big Bald Lake, offering an exceptional island getaway, seasonal home, and investment opportunity all in one. Bright, pristine, and surrounded by breathtaking scenery, this charming lakefront property is designed for relaxed cottage living and unforgettable entertaining. Enjoy spectacular 360-degree water views and approximately 150 feet of unobstructed waterfront, with expansive decking wrapping around much of the home. A spacious patio creates the perfect setting for outdoor dining, hosting guests, or simply soaking in the peaceful natural surroundings. Swim, fish, or launch your kayak and watercraft right from your private dock, then explore the beauty of nearby Catalina Bay. Conveniently located approximately 30 minutes north of Peterborough, this rare Big Bald Lake cottage offers the ideal balance of privacy, recreation, and accessibility. Includes all existing appliances, light fixtures, and window coverings. Features a durable steel roof, flexible closing, and four-season enjoyment with boating, fishing, kayaking, and swimming in the summer, plus snowmobiling nearby in the winter. A rare waterfront gem for buyers seeking a cottage retreat, vacation property, or investment property in the Kawarthas. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
Trent Lakes
Common interest
Freehold
Lot dimensions
150 FT ; Irregular
Bedrooms
1 above grade
Parking
0 total
Stories
1
On market
Jul 22, 2025
Status changed
Apr 17, 2026
Annual tax
$1,425
Zoning
Rr
Photos
18
MLS#
X12300333
Area
TRENT_LAKES

Features and systems

Parking

No Garage

Basement

None

Appliances

RefrigeratorStoveHood Fan

Heating

Baseboard heatersElectric

Cooling

None

Exterior

Vinyl siding

Lot

Carpet Free

View

Direct Water View

Waterfront

Waterfront on lake
Negative cash flow ~$620/mo at these assumptions

Cash on cash

-12.83%

Cap rate

3.32%

GRM

16.7

Break-even rent

$2,103

Financing

Down payment$57,960
Loan amount$231,840
Mortgage$1,422/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$133
Insurance$80
Maintenance$242
CapEx reserve$121
Vacancy loss$73

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Trent Lakes. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $1,422/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 17, 2026.

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