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5 Chippewa Avenue

5 Chippewa Avenue

Selwyn, ON

4 bed • 2 bath • approx. 700-1100 sqft • Detached • 84 days on market

$615,000Price reduced 6%

Welcome to this beautifully updated bungalow in the heart of Lakefield! 2 separate living spaces for potential income with 2 kitchens, 2 bedrooms and a bathroom each. Conveniently located close to all amenities, walking trails, parks, and beach, this home offers versatility and exceptional value. The main floor features 2 bedrooms and 1 fully renovated bathroom, along with an updated kitchen, bright living room, and dining area with a walkout to a large deck overlooking the fully fenced backyard-perfect for entertaining, children, or pets. A separate entrance leads to the lower level, offering excellent in-law suite or multi-generational living potential. The basement includes a second kitchen, 2 additional bedrooms, a 3-piece bathroom, and a spacious living room. Completing the property is an impressive 23' x 33' fully insulated double-car garage with an automatic garage door opener, providing plenty of space for vehicles, storage, hobbies, or a workshop. A fantastic opportunity to own a move-in-ready home in one of Lakefield's most desirable locations!

Listing Details

Taxes (2025)
$2,643
Originally Listed
$655,000
Listed
June 5, 2026

Price History

Property

Style
Bungalow
Construction
Aluminum Siding
Roof
Asphalt Shingle
Foundation
Poured Concrete
Interior
Auto Garage Door Remote, In-Law Capability, Water Heater Owned
Lot Size
89 x 93.75 Feet

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Strickland St and Chippewa Ave
Parcel Number
284030104
Possession
Flexible

Commercial

Occupancy
Owner+Tenant

Included

Inclusions
Upstairs - Fridge, Stove, Dishwasher, Microwave, Window Coverings. Downstairs - Washer, Dryer, Stove, Fridge, Hot Water Tank Owned.
Exclusions
All personal items, hot tub and wiring, fuse and junction box connected to it.
Rental Items
None

Schools

Elementary

  • St. Paul Catholic Elementary School1.2 km

    Catholic · Peterborough Victoria Northum Clarington CDSB · 195 students

    Grade 3 reading: 50% met the provincial standard · Grade 6 math: 27% met the provincial standard

  • Lakefield District Public School1.5 km

    Public · Kawartha Pine Ridge DSB · 630 students

    Grade 3 reading: 54% met the provincial standard · Grade 6 math: 30% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

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 Selwyn · last 12 months

Median sold price
$675,000
Homes sold
244
Median days on market
28
Sale-to-list price
95.7%

Based on 244 recorded sales of residential freehold properties in Selwyn over the last 12 months.

Rooms

4-piece on Main, 3-piece on Lower

Ground

  • Bathroom8'4" x 4'10"
  • Bedroom 211'6" x 11'10"
  • Dining Room7'3" x 11'9"
  • Kitchen12' x 8'3"
  • Living Room11'10" x 20'
  • Primary Bedroom11'9" x 16'9"

Basement

  • Bathroom6'7" x 4'
  • Bedroom 314'6" x 11'
  • Bedroom 48'5" x 11'3"
  • Kitchen10'8" x 19'
  • Laundry7'8" x 9'3"
  • Living Room11'1" x 14'9"
  • Mud Room11' x 8'10"

Listed by

Ball Real Estate Inc.

Walk Score

67

Walk

68

Bike

Scores by Walk Score®

Location

Mortgage Calculator

$123,000

Estimated Monthly Payment

$3,021

Investment Analysis

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

Mortgage: $3,021/mo (20% down, 5.5%)

Taxes: $220/mo · Insurance: $154/mo

Estimates only. Consult a financial advisor.

R

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Online

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