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Listed 3 months ago

1087 Lagoon Road

Cardiff Ward, Highlands East

$915,000

Detached|Bungalow-Raised
2 | 2 | 5
About this home

Welcome to this beautifully maintained and thoughtfully upgraded waterfront walk-out raised bungalow offering approximately 1835 sq. ft. of finished living space, tucked into a peaceful bay on Paudash Lake. Extensive landscaping makes this property a standout, featuring a striking 125-foot boulder wall with fresh mulch and gardens. Stunning armour stone and river rock lead to 247 feet of waterfront and a private 12' x 16' cedar dock with aluminum frame - perfect for breathtaking sunrises and sunsets. Three outbuildings (2023) with solar lighting and metal roofs provide excellent space for storage, hobbies, or entertaining. Inside, a tranquil sunroom overlooks the lake with weatherproof finishes and an electric fireplace for year-round comfort. Custom ash window casings frame recently replaced windows throughout the carpet-free main level. The modernized kitchen offers high-end appliances and flows into a spacious pantry/laundry room with built-in cabinetry. The sun-filled primary bedroom features heated engineered hardwood, a walk-in closet, and a renovated 3-piece ensuite with heated floors. The open-concept living and dining area showcases hardwood flooring and a WETT-certified stunning fieldstone wood-burning fireplace insert (2024). A man door leads to the insulated, heated two-car garage with thoughtfully planned built-in storage. An updated 3-piece bath and generous second bedroom complete the main level. The finished lower level walks out to a covered stamped concrete porch at the lake and includes a large workshop with sink, floor-to-ceiling cabinetry, and a propane fireplace (2019) with separate thermostat. Additional updates: split heating/cooling (2023), roof (2015), windows (2020), propane furnace (2019), well pump and pressure tank (2025), front door (2022), Hot Water Tank (2026).Propane hook-up to BBQ location on porch and more.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow-Raised
Approx. Age31-50
Size1500-2000 sq. ft.
Property Tax$4,011
Lot Size247 ft x 105 ft
mls© NumberX13626522
Listed ByRE/MAX Rouge River Realty Ltd.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,683
Property tax
$334
Heat allowance
$150
Housing costs
$5,168 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $183,000
25-yr amortization

Income needed

$159,000

gross annual household income

Payment at 4%
$3,850 / mo
Cash down
$183,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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