1676 8th Line, Selwyn

$610,000
1676 8th Line

$610,000

New
25d
DetachedBungalow

1676 8th Line, Selwyn

Total Monthly Obligation $3,033

Beds
3
Baths
2
Park
4
Sqft
700-1100
DOM
25d
Yield
7.0%
Cash on Cash
7.5%
Cap Rate
6.2%
5Y IRR
21.6%
10Y IRR
19.6%
Property Type-Detached
MLS® Number-X13836154
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-240 × 567.16 ft
Listed on site-Sep 28, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$2,373.68 (2026)
Parking-5 - Detached
Basement-Separate Entrance, Partially Finished, Full
Heating-Forced Air (Oil)
Brokerage-Century 21 United Realty Inc.
Cooling-None
Laundry-No
Fireplace-Wood
Pool-None
Facing-North
Exterior-Wood
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Septic
Possession-Flexible
Neighbourhood-Selwyn
Title-Residential Freehold

No agent assigned

Welcome to 1676 8th Line, located just 5 minutes from the village of Lakefield. This picturesque homestead suits slow mornings and long evenings outdoors. Sitting on a peaceful and private 3.12-acre lot, a charming wood bungalow is surrounded by plenty of mature perennial gardens and trees, including irises, peonies, and lilacs. Plus there's a powered, insulated hobby "She Shed" just steps from a tranquil pond. In front, you'll enjoy a serene view of majestic horses grazing in the pasture across the road. Relax on the covered front deck, unwind on the back deck, and gather with family and friends around the smokeless fire pit. Inside, pine floors carry through a bright, easy-flowing main level, warmed by a crackling wood fireplace alongside an oil furnace. The 2+1 bedroom, 2-bath layout includes a finished lower level. Downstairs there's a rec room and third bedroom, both with new carpet, as well as an updated 3-pc bath with cozy in-floor heating, plus laundry and storage rooms. The detached garage (approx. 20' x 24') fits one car and offers additional storage. Part of the lot qualifies for the Conservation Land Tax Incentive Program, and Selwyn taxes run lower than Peterborough's. New shingles were installed this past summer, and a pre-inspection is available for added peace of mind. Don't miss out. If you enjoy country living, and appreciate the conveniences available just 5 minutes away in the village of Lakefield, book your showing and see this one-of-a-kind property today.

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Closing Costs

Mortgage Amount
$488,000
Land Transfer Taxes$8,675
Legal Fees (Est.)
$
Total cash required for closing$132,175

Total Monthly Obligation

$3,033/mo
Mortgage $2,461
Monthly Loss $2,386
Principal$647
Interest$1,813
Property Tax$198
Home Insurance$125
Variable Costs$250

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

Comparables

Properties near 1676 8th Line

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