1024 Albert Lane E
Algonquin Highlands (Sherborne), ON P0E 1E0
- 4+1Bedrooms
- 3Bathrooms
- 3Garage
- 1500–2000Sq Ft
- $2,893Tax
- 101×350 ftLot Size
Estimated Value:$938,304See Free Estimate Report
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 1024 Albert Lane E, Algonquin Highlands, Sherborne
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About 1024 Albert Lane E, Algonquin Highlands, Sherborne
Don't miss your opportunity to own this stunning, custom built 4 season waterfront home/cottage on the beautiful shores of Kawagama Lake. With approximately 2500 square feet of meticulously crafted living space, no expenses have been spared on this waterfront beauty!!! These incredible upgrades include a 22kw Standby Generac Generator (no worries if the Power goes out), Lifetime "Enviroshake" Roof (plastic composite), heated concrete basement floors, main upper deck with a "Trex" Rain Water Catching System which keeps the second level deck dry, basement walkout patio is a "Gilpins Falls Bridge Plan" stamped and coloured concrete pad and heated concrete basement flooring. Property is currently listed as Cottage #341 with Cottage Vacations earning approximately $800 - $1200 per night. This GEM could pay for itself with the potential annual rental income!!! At this price what is stopping you!!!!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,893
- Land Transfer Tax Fee
- $23,835
Rental Items
- Rental Equipment
- Propane Tanks under contract approximately $86 annually
- Basement Type
- Finished with Walk-Out
Interior Features
- Laundry Level
- Main Level
- Interior Extras
- Carpet Free, Generator - Full, Propane Tank
- View
- Lake
- Security Features
- None
- Fireplace/Stove
- Yes
- Fireplace Features
- Wood
- Elevator
- No
Exterior Features
- Pool
- None
- Accessibility Features
- None
- Other Structures
- Shed
Building
- Building Type
- Detached
- Building Style
- 1 1/2 Storey
- Approx Age
- 0-5
Construction
- Exterior Finish
- Stone, Wood
- Roof
- Shake, Shingles
- Foundation Details
- Concrete Block
- Special Designation
- Unknown
Lot
- Lot Front
- 101.00 ft
- Lot Depth
- 350.43 ft
- Lot Size
- 39356.09
- Lot Shape
- Rectangular
Inclusions
- Inclusions
- See Additional information attached
Exclusions
- Exclusions
- See Additional Information attached
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 3
- Parking Spaces
- 3
- Total Garage And Parking Spaces
- 3
Heating & Cooling
- Heat Source
- Propane
- Heat Type
- Heat Pump
- Air Conditioning
- Central Air
- Water
- Other
- Sewers
- Septic
- Natural Gas
- No
- Hydro
- Yes
- Cable
- Yes
- Telephone
- Yes
- Bedrooms
- 4 + 1
- Washrooms
- 3
- Kitchens
- 1
Room sizes
- Kitchen—Main level
- Living Room—Main level
- Dining Room—Main level
- Laundry—Main level
- Bathroom—Main level, 4 Pc Bath
- Bedroom—Main level
- Primary Bedroom—Second level
- Sitting—Second level
- Bathroom—Second level, 4 Pc Bath
- Bedroom—Second level
- Bedroom—Second level
- Family Room—Basement level
- Game Room—Basement level
- Utility Room—Basement level
- Bathroom—Basement level, 3 Pc Bath
- Bedroom—Basement level
Washrooms
- 4-piece, Main
- 4-piece, Second
- 3-piece, Basement
- Municipality
- Algonquin Highlands
- Neighbourhood
- Sherborne
- Main cross streets
- Muskoka Road 117 Kawagama Lake Rd
- Zoning
- SR - Shoreline Residential
- Directions
- Kawagama Lake Road to Russell Landing to Albert Lane
- Waterfront
- Direct
- MLS® number
- X12303544
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-09-21
- Listed on
- 2025-07-22
- Days on market
- 61 days
- Possession type
- Flexible
- Co-op commission
- 2.25
- Seller
- Listed by
- RE/MAX Professionals North
Home Market Value
Current home valuation for 1024 Albert Lane E, Algonquin Highlands, Sherborne, Algonquin Highlands, ON. Listed for $1,368,000
HOMEH Estimate
$938,304
Estimated Sales Range
$656,813 - $1,219,795
HOMEH Estimate for 1024 Albert Lane E, Algonquin Highlands, Sherborne
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $868,000 over $500K
$111,800
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $50,233 | $38,167 | $32,558 | $0 |
=Total mortgage | $1,306,057 | $1,269,367 | $1,195,358 | $1,094,400 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $6,377monthly | $6,198monthly | $5,836monthly | $5,343monthly |
Land Transfer Tax
$23,835
$23,835
Around this home
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