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24 Fire Route 306

24 Fire Route 306

Trent Lakes, ON

3 bed • 1 bath • approx. < 700 sqft • Detached • 50 days on market

$395,999Price reduced 5%

Priced to sell. Welcome to your opportunity to own a charming waterfront cottage on beautiful Pencil Lake without the price tag of sole ownership. This fantastic opportunity is one of two separately owned cottages on a shared waterfront property, providing an affordable way to enjoy all that cottage life has to offer. The three-bedroom cottage is well positioned to provide privacy and features a bright, welcoming interior with a bathroom complete with a shower. Step outside to enjoy your own private deck and garden-perfect for morning coffee, summer barbecues, or relaxing after a day on the lake. This crystal-clear lake features deep, clean water, a gentle sloping lot with breathtaking sunset views. The fishing is fantastic includes an abundance of Lake Trout which have been stocked. Adding to the appeal, this property includes a detached workshop, private sauna, and your own exclusive dock, giving you everything needed to make the most of waterfront living. This unique shared ownership arrangement has provided more than 50 years of enjoyable and trouble-free use by the two families. Whether you're looking for a family getaway, a peaceful retreat, or an affordable entry into waterfront ownership, this is a rare opportunity to enjoy the beauty of Pencil Lake in a private and welcoming setting.

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Listing Details

Taxes (2026)
$2,827
Originally Listed
$419,000
Listed
July 8, 2026

Price History

Property

Style
Bungalow
Construction
Wood
Roof
Asphalt Shingle
Foundation
Piers, Concrete Block
Interior
Water Heater Owned
Lot Size
128 x 229 Feet

Utilities

Water
Lake/River
Sewer
Holding Tank
Heat Source
Wood

Location & Legal

Cross Street
COUNTY ROAD 507 AND PENCIL LAKE RD
Zoning
SEASONAL
Parcel Number
283210232
Possession
Flexible

Commercial

Occupancy
Owner

Included

Inclusions
Contents of cottage, contents of workshop, contents of shed, red canoe, peddle boat, dock
Exclusions
Kawartha chairs (4), Birch Lamp, ATV in workshop

Waterfront

Water Body
Pencil Lake
Shoreline
Clean, Deep
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 Trent Lakes · last 12 months

Median sold price
$730,000
Homes sold
135
Median days on market
39
Sale-to-list price
94.8%

Based on 135 recorded sales of residential freehold properties in Trent Lakes over the last 12 months.

Rooms

3-piece on Main

Main

  • Bathroom4'6" x 5'4"
  • Bedroom7'2" x 6'6"
  • Bedroom6'10" x 8'7"
  • Dining Room8'2" x 8'3"
  • Kitchen11'1" x 7'6"
  • Living Room12'9" x 9'4"
  • Primary Bedroom11'8" x 8'8"

Listed by

Royal LePage Frank Real Estate

Location

Mortgage Calculator

$79,200

Estimated Monthly Payment

$1,945

Investment Analysis

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

Mortgage: $1,945/mo (20% down, 5.5%)

Taxes: $236/mo · Insurance: $99/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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