Skip to content
647-619-2256 info@bungalowconnect.com
Bungalows for sale across Toronto & the GTA
Swipe Swipe
For saleListed May 21MLS® X13156076

1216 Lake Lorraine (Tory Lake) Lane, Highlands East, ON K0L 2Y0

Monmouth, Highlands East · Near County Rd. 503 & Lee's Rd. · View map

$585,000
2Beds
1Baths
< 700Sq ft
BungalowType
4 totalParking
$1,768/yrTaxes
Call / Text Will
$585,000
FreeholdNo monthly condo fee
Parking for 4Comes with the home
Lot 100 x 248 ftThe land comes with the home
WaterfrontOn the water
FireplaceCozy winters

About this home

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

The home

Type
Bungalow
Style
Bungalow
Square footage
< 700 sq ft
Bedrooms
2
Bathrooms
1
Kitchens
1
Rooms
5
Basement
None
Lot size
100 x 248 ft
Faces
South
View
Lake, Water

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Exterior
Wood

Heating & cooling

Heating fuel
Wood
Heating type
Heat Pump
Air conditioning
Wall Unit(s)
Fireplace
Yes

Garage & parking

Driveway spaces
4
Total parking
4
Parking features
Private

Taxes & other

Property taxes
$1,768/yr
Tax year
2025
Occupancy
Vacant
Possession
Flexible
Cross street
County Rd. 503 & Lee's Rd.
Neighbourhood
Monmouth

More

Listed
May 21, 2026 · 144 days ago
MLS® number
X13156076

The home and its surroundings

  • Carpet Free
  • Deck
  • Fishing
  • Year Round Living
Want to know something that isn’t listed?
Estimated monthly cost$2,507per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
    Open the calculators
    Loading map…

    1216 Lake Lorraine (Tory Lake) Lane, Highlands East, ON K0L 2Y0

    Monmouth, Highlands East · Near County Rd. 503 & Lee's Rd.

    Get directionsWhat’s nearby

    Schools nearby

    Open this tab to load nearby schools.

    Your commute

    Enter where you go every day to see real drive times:

    Sold history

    Listing history for 1216 Lake Lorraine (Tory Lake) Lane

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 1216 Lake Lorraine (Tory Lake) Lane

    Answers come straight from this home’s MLS® listing.

    How much is 1216 Lake Lorraine (Tory Lake) Lane listed for, and what would it cost each month?

    1216 Lake Lorraine (Tory Lake) Lane is listed for $585,000. With 20% down ($117,000), the mortgage payment would be roughly $2,360 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,507 a month, all in. That figure is an illustration, not a quote.

    Is 1216 Lake Lorraine (Tory Lake) Lane freehold or a condo, and is there a monthly fee?

    1216 Lake Lorraine (Tory Lake) Lane is a bungalow in Monmouth, Highlands East. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    How many bedrooms and bathrooms does 1216 Lake Lorraine (Tory Lake) Lane have?

    1216 Lake Lorraine (Tory Lake) Lane has 2 bedrooms and 1 bathroom.

    Does 1216 Lake Lorraine (Tory Lake) Lane have a garage and parking?

    The listing does not show a garage. The driveway adds 4 spaces. In total the listing counts 4 parking spaces.

    Does 1216 Lake Lorraine (Tory Lake) Lane have a finished basement?

    No. The listing shows no basement for this home.

    What style of home is 1216 Lake Lorraine (Tory Lake) Lane?

    1216 Lake Lorraine (Tory Lake) Lane is a bungalow. A bungalow has all of its main living space, including the bedrooms, on one floor, usually over a full basement.

    How big is 1216 Lake Lorraine (Tory Lake) Lane, and what is the lot size?

    The lot is listed as 100 x 248 ft.

    How is 1216 Lake Lorraine (Tory Lake) Lane heated and cooled?

    Heating is heat pump (wood). Cooling is wall unit(s).

    What are the property taxes for 1216 Lake Lorraine (Tory Lake) Lane?

    Property taxes are $1,768 a year (2025), or about $147 a month.

    Where is 1216 Lake Lorraine (Tory Lake) Lane?

    1216 Lake Lorraine (Tory Lake) Lane is in the Monmouth community of Highlands East. The nearest main intersection is County Rd. 503 & Lee's Rd.. The postal code is K0L 2Y0.

    How long has 1216 Lake Lorraine (Tory Lake) Lane been on the market?

    1216 Lake Lorraine (Tory Lake) Lane was listed on May 21, 2026. It has been on the market for 144 days. It is an active listing (MLS® X13156076). Listings here update from the board through the day and come down once a home sells.

    What are similar bungalows near 1216 Lake Lorraine (Tory Lake) Lane asking?

    Similar bungalow-style homes for sale nearby right now include 1765 Essonville Line at $569,000 (2 bed), 1110 Edward Sanderson Road at $680,000 (2+1 bed) and 1214 Lake Lorraine Road at $599,000 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 1216 Lake Lorraine (Tory Lake) Lane sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 1216 Lake Lorraine (Tory Lake) Lane?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

    Call
    © BungalowConnect · Will Balo, Sales Representative · RE/MAX Experts
    Privacy PolicyPhoto Credits