126 days on market
$649,900
For Sale

1216 Lake Lorraine Rd

Monmouth, Highlands East

2+null Bed|1 Bath|Yes|126 days on market

$649,900

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Home Details

Taxes
$148 / month
Total Parking Spots
4
Driveway
Private
Garage Spaces
NaN
Furnished
No
Lot Size
100 x 248 Feet
Move-in Date
Flexible
Hydro Included
No
Heating
Heat Pump
Water Included
No
Kitchens
1
Family Room
Yes
Basement
None
Fireplace
Y
Air Conditioning
Wall Unit
Central Vaccum
No
Exterior
Wood
Zoning
SR1
Sewer
Septic
Property Type
Detached
Style
Bungalow
Status
New
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Listing Description

The perfect starter cottage for someone looking to get in to the waterfront market! This cute 2 bedroom fully winterized cottage sits right along the waters edge of Lorraine (Tory) Lake. You'll appreciate the beautiful southern views and all day soon as you enjoy swimming, boating, fishing and water sports on this clean, deep spring fed lake. The gradual, hard sand shoreline is great for all ages and is just steps from the cottage. Inside you'll find a large living room, eat-in kitchen and two generous sized bedrooms. The woodstove is great for chilly nights but the heat pumps will also keep you warm in the winter and cool in the summer. Whether you're outside by the firepit pit roasting marshmallows, sitting on the deck enjoying the view or inside watching late night movies, this is a perfect year round playground for your family! Many upgrades/additions have been completed over the last few years including spray foam insulation, heated water line, submersible pump, on-demand tankless hot water, septic pump and multiple heat pumps. A great affordable waterfront property!!
Fridge, Stove, Woodstove

Property History

or to view this property's history
Listing DateDOMList PriceSold PriceEventMLS ID
Jun 13, 202495$649,000N/AExpiredX8444174
Feb 12, 2024109$659,000N/AExpiredX8060626
Feb 21, 2023111$699,000N/AExpiredX5921327

Rooms

Room dimensions for 1216 Lake Lorraine Rd, Highlands East
Living
15 x 14210 sqft
Kitchen
15 x 10150 sqft
Br
9 x 1090 sqft
2nd Br
13 x 8104 sqft

Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 1216 Lake Lorraine Rd is 3351

Price

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Rate

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Ammortization

Down Payment

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Total Mortgage


Purchase Price$649900
Down Payment$129980
Mortgage Insurance$0
Total Mortgage$519920

Monthly Payment


Mortgage Payment$3204
Property Taxes$147
Maintenance Fees$0
Monthly Payment$3351
$3351
monthly

Sold Comparables

Sold Comparables homes near 1216 Lake Lorraine Rd, Highlands East

About 1216 Lake Lorraine Rd, Highlands East

Located at 1216 Lake Lorraine Rd , this Highlands East house is available for sale. This property was listed for $649,900 on Thu May 01 2025. This house's size is < 700 Sqft. It has 2 bedrooms and 1 bathroom. The property includes the following rooms: Living, Kitchen, Br, 2nd Br. This property comes with 4 parking spots. 1216 Lake Lorraine Rd, Highlands East is situated in the Monmouth neighbourhood.


MLS#: X12116254 · $649,900 · 2 bedroom house in Monmouth, Highlands East