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Perch Lake · Single Family · under $625,000 · 2+ bed · 3+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Lot 4 Lakeside Drive
Experience lakefront living in this stunning Modern Retreat at Perch Lake SK! This four seasons home offers incredible potential for those looking for their own dream lakefront escape. Situated on a large .89 acre private lot you will find the main house as well as the 4 car garage with living quarters above and ample storage and parking options for vehicles, boats, trailers and RVs. The main house features one bedroom with a 2-piece en-suite as well as laundry area and full 4 pc bath on the main floor. The open-concept living space boasts vaulted ceilings and an electric fireplace with modern surround accent, creating a welcoming atmosphere. Seamless access to the vinyl covered Duradeck makes it perfect for entertaining or soaking in the beautiful views. Moving upstairs the spacious open loft adds even more possibilities. Currently setup with a sleeping area, family room as well as a third bathroom with steam shower. Other standout features include, triple pane windows, granite kitchen counters, stainless steel appliances and more. The garage offers plenty of different parking arrangements from the standard 20’ x 19’ two car portion to the large 40’ x 14’ side with 14’ tall x 11’ wide doors, built to accommodate motorhomes, RV’s and boats. The garage is fully insulated and is complete with in floor heat. Additionally, you will find another 750 sqft living space above the garage, including kitchen, living area, 4 pc bath and 2 bedrooms. This cozy suite has its very own deck area offering scenic lake views. Both the Main house and garage/suite are on their own separate cisterns and septic tanks. With so much to offer this property will not disappoint. Furniture and everything to keep the property maintained and running are negotiable and can be included. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 10.83 Ft x 15.67 Ft | |
| Bedroom | 10.00 Ft x 12.00 Ft | |
| 2pc Bathroom | 4.42 Ft x 4.83 Ft | |
| 4pc Bathroom | 4.83 Ft x 10.83 Ft | |
| Living room/Dining room | 14.00 Ft x 20.92 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Family room | 20.00 Ft x 15.42 Ft | |
| 3pc Bathroom | 6.92 Ft x 7.08 Ft |
Unknown
| Room | Dimensions | Features |
|---|---|---|
| Eat in kitchen | 8.08 Ft x 10.83 Ft | |
| Living room | 19.42 Ft x 11.33 Ft | |
| 4pc Bathroom | 4.92 Ft x 9.33 Ft | |
| Bedroom | 9.92 Ft x 12.92 Ft | |
| Bedroom | 9.92 Ft x 12.92 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-1.33%
Cap rate
4.60%
GRM
13.9
Break-even rent
$3,481
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 22, 2026.
Location of this listing. Distances are straight-line.
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Buyer-fit signals
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