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1216 Lake Lorraine (Tory Lake) Lane

1216 Lake Lorraine (Tory Lake) Lane

Highlands East, ON

2 bed • 1 bath • approx. < 700 sqft • Rural Residential • 99 days on market

$599,888Price reduced 4%

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

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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

Utilities

Water
Lake/River
Sewer
Septic
Heat Source
Wood

Location & Legal

Cross Street
County Rd. 503 & Lee's Rd.
Parcel Number
393120183
Possession
Immediate

Commercial

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
139
Median days on market
29
Sale-to-list price
95.9%

Based on 139 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

Location

Mortgage Calculator

$119,978

Estimated Monthly Payment

$2,947

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,947/mo (20% down, 5.5%)

Taxes: $147/mo · Insurance: $150/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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