40 Third Line Road, Centre Wellington

$1,600,000
40 Third Line Road

$1,600,000

New
65d
Detached2-Storey

40 Third Line Road, Centre Wellington

Total Monthly Obligation $7,375

Beds
4
Baths
3
Park
4
Sqft
2500-3000
DOM
65d
Yield
1.9%
Cash on Cash
-15.2%
Cap Rate
1.3%
5Y IRR
3.8%
10Y IRR
5.5%
Property Type-Detached
MLS® Number-X13692238
Beds-4
Bathrooms-3
Size-2500-3000 sqft
Listed on site-Aug 19, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$6,557.65 (2026)
Parking-7 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Propane)
Brokerage-REAL BROKER ONTARIO LTD.
Cooling-Central Air
Laundry-No
Fireplace-Propane, Family Room, Living Room
Pool-None
Facing-West
Exterior-Vinyl Siding, Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Septic
Possession-Flexible
Neighbourhood-Rural Centre Wellington East
Title-Residential Freehold

No agent assigned

Welcome to your private lakeside retreat on beautiful Lake Belwood. Custom built by Wrighthaven Homes, this exceptional GRCA leased lakefront property offers over 2,500 sq. ft. of thoughtfully designed living space, breathtaking unobstructed lake views, and the perfect balance of luxury, comfort, and tranquility. Complete with a two-car garage plus attached boathouse, this rare 3 bedrooms + loft, 2.5 bathroom waterfront home offers an unparalleled opportunity to enjoy the Lake Belwood lifestyle. Step inside to an open-concept main floor featuring a stunning kitchen with stainless steel appliances, a large island with breakfast seating, spacious dining area, and an impressive great room highlighted by soaring two-storey windows that frame spectacular waterfront views and a two storey stone fireplace . The 2-way fireplace creates a warm and inviting atmosphere, connecting the great room to a charming living room/reading room. The main-floor primary suite is a true retreat, complete with both walk-in and double closets, and a spacious ensuite featuring a walk-in shower. Upstairs, you'll find two generous bedrooms, each with walk-in closets, as well as a 4-piece bathroom, ample storage, and an open loft and den area overlooking the great room below. Above the garage, a separate loft space with its own garage access offers endless possibilities as a media room, games room, guest suite, home office, or additional bedroom.The unfinished 1,300 sq. ft. basement with high ceilings provides a blank canvas for future expansion and customization. Outside, enjoy stunning lake views from the rear of the property while mature trees at the front create privacy and a peaceful natural setting. If you are looking for the ultimate family cottage getaway, this remarkable property is ready to create lasting memories for generations to come. Seasonal cottage on GRCA leased land, fulltime living is permitted April 15th to Nov 15th and 10 days PER MONTH living permitted in the off season.

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Closing Costs

Mortgage Amount
$1,280,000
Land Transfer Taxes$28,475
Legal Fees (Est.)
$
Total cash required for closing$349,975

Total Monthly Obligation

$7,375/mo
Mortgage $6,454
Monthly Loss $5,677
Principal$1,698
Interest$4,756
Property Tax$546
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 40 Third Line Road

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.