1216 Lake Lorraine (Tory Lake) Lane
Highlands East, ON
- 2 bed
- 1 bath
- approx. < 700 sqft
- Rural Residential
- 119 days on market
Set on the crystal-clear shores of peaceful Lake Lorraine, this beautifully updated 4-season waterfront cottage offers the kind of lifestyle families dream about. With southern exposure, calm mirror-like waters, and direct access to pristine spring-fed swimming, every day here feels connected to nature. The clean, weed-free shoreline and flat approach to the lake make it ideal for families, with no steep hills or endless stairs to navigate. Positioned right at the water's edge, the cottage captures stunning lake views and sunshine throughout the day. Unlike many busy lakes, Lake Lorraine (Tory Lake) is known for its tranquility, privacy, and strong sense of community. With no public boat launch, you can enjoy peaceful mornings, minimal boat traffic, and the comfort of watching children swim, fish, kayak, or skate close to shore. Thoughtfully upgraded for true year-round living, the property has been extensively improved with new water lines, water filtration system, upgraded insulation, spray foam insulation, heated plumbing systems, two cold-weather Mitsubishi heat pumps for heating and cooling, plus a WETT-certified wood-burning fireplace for cozy evenings at the lake. Every season brings something special here, from breathtaking fall colours to nearby ATV and snowmobile trails, excellent winter skating conditions, and skiing at Sir Sam's just 20 minutes away. Located in the highly desirable Highlands East/North Kawartha region, this property offers a quieter and more affordable alternative to Muskoka while still delivering the waterfront lifestyle buyers are searching for. The property is also Municipality Short-Term Rental License compliant and includes professionally prepared architectural expansion drawings (see attached architectural approved plans), offering incredible future potential for a custom waterfront retreat or investment opportunity. A rare opportunity to own a true year-round waterfront escape designed for making lifelong memories - see attachment
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $1,768
- Originally Listed
- $625,000
- Listed
- May 21, 2026
Price History
Property
- Style
- Bungalow
- Construction
- Wood
- Roof
- Metal
- Foundation
- Piers, Concrete, Block
- Interior
- Carpet Free
- Lot Size
- 100 x 248 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 4
Utilities
- Water
- Lake/River
- Sewer
- Septic
- Heat Source
- Wood
Location & Legal
- Cross Street
- County Rd. 503 & Lee's Rd.
- Parcel Number
- 393120183
- Possession
- Immediate
- Occupancy
- Vacant
Included
- Inclusions
- Fridge, Stove, Woodstove
- Exclusions
- Furniture & Kayaks
Waterfront
- Water Body
- Tory Lake
- Shoreline
- Natural
- Docking
- Private
Community
Postal area K0L
- Population
- 78,142
- Private dwellings
- 48,786
- Median age
- 54
- Average household size
- 2.3
- Median household income
- $79,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Highlands East · last 12 months
- Median sold price
- $390,000
- Homes sold
- 131
- Median days on market
- 28
- Sale-to-list price
- 96.1%
Based on 131 recorded sales of residential freehold properties in Highlands East over the last 12 months.
Rooms
3-piece on Main
Main
- Bedroom8'11" x 10'2"
- Bedroom 213'5" x 7'10"
- Dining Room4'9" x 11'6"
- Kitchen10' x 7'1"
- Living Room15'5" x 13'9"
Listed by
EXP REALTY
Walk Score
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Location
Street View
Mortgage Calculator
$117,000
Estimated Monthly Payment
$2,874
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,874/mo (20% down, 5.5%)
Taxes: $147/mo · Insurance: $146/mo
Estimates only. Consult a financial advisor.
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