$649,999
Est. payment $2,878/moCalculate yours
1507 Old Folks Drive, Highlands East, ON K0L 2Y0
Monmouth, Highlands East, ON K0L 2Y0
- 2 Beds
- 1 Baths
- 2 Garage
- 1,100 Sq Ft
Listing courtesy of KELLER WILLIAMS REFERRED URBAN REALTY MLS® X13727688
About this home
Escape to your own private waterfront retreat. Nestled among mature trees and set on a serene shoreline, this stunning four-season cottage offers the perfect blend of tranquility, space, and lifestyle. Set on pristine shores of Monmouth lake, a quiet and highly sought-after lake known for its privacy and natural surroundings. The main residence is warm and inviting, complemented by two additional structures that make this property truly special. A separate 2-bedroom bunkie provides ideal accommodations for family and guests, while the impressive detached double garage with a loft-style recreation space above-complete with a bar and pool table-creates the ultimate setting for entertaining. Step outside to multiple decks and seating areas overlooking the water, where you can enjoy breathtaking views, peaceful mornings, and unforgettable sunrises. A private dock offers easy access for swimming, boating, and all your waterfront activities. Surrounded by nature yet designed for comfort, this property is perfectly suited for year-round living or a luxurious getaway. Whether you’re hosting, relaxing, or exploring the outdoors, this one-of-a-kind retreat delivers the lifestyle you’ve been dreaming of.
Property details
Overview
- Property Type
- Detached
- Style
- 1 1/2 Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 51-99
- Size
- 1,100 sqft
Interior
- Bedrooms
- 2
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- Crawl Space
Building & Systems
- Heating
- Other (Wood)
- Cooling
- Other
- Exterior
- Shingle , Wood
- Foundation
- Wood
- Roof
- Shingles
- Water
- Well
- Sewer
- Septic
Lot & Parking
- Lot Size
- 29.98 x 341.85 Feet
- Parking
- Detached garage · 4 total
Financial
- Property Taxes
- $2,855 (2026)
Location
- Neighbourhood
- Monmouth
- Cross Street
- HWY 118/MONCK RD
- Direction Faces
- West
Listing
- MLS® Number
- X13727688
- Days on Market
- 48
- Listed On
- 2026-08-31
- Possession
- 30-60 DAYS
- Listed By
- KELLER WILLIAMS REFERRED URBAN REALTY
Features
Interior
- None
Property
- Beach
- Campground
- Clear View
- Lake Access
- Lake/Pond
- Ravine
Pool
- None
Mortgage calculator
Estimated mortgage payment
$2,878 per month
- Principal and interest
- $2,878
- Property tax
- $238
- Condo fees
- $0
- Estimated monthly cost
- $3,116
Your mortgage
- Mortgage amount
- $519,999
- Mortgage insurance
- Not needed
- Interest over 25 years
- $343,417
Cash to close
- Down payment
- $130,000
- Land transfer tax
- $9,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $139,475
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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