40 THIRD LINE Road
Centre Wellington, Ontario
3 bed • 3 bath • Single Family
Welcome to your private lakeside retreat on beautiful Lake Belwood. Custom built by Wrighthaven Homes, this exceptional GRCA leased lakefront property offers over 2,500 sq. ft. of thoughtfully designed living space, breathtaking unobstructed lake views, and the perfect balance of luxury, comfort, and tranquility. Complete with a two-car garage plus attached boathouse, this rare 3 bedrooms + loft, 2.5 bathroom waterfront home offers an unparalleled opportunity to enjoy the Lake Belwood lifestyle. Step inside to an open-concept main floor featuring a stunning kitchen with stainless steel appliances, a large island with breakfast seating, spacious dining area, and an impressive great room highlighted by soaring two-storey windows that frame spectacular waterfront views and a two storey stone fireplace . The 2-way fireplace creates a warm and inviting atmosphere, connecting the great room to a charming living room/reading room. The main-floor primary suite is a true retreat, complete with both walk-in and double closets, and a spacious ensuite featuring a walk-in shower. Upstairs, you'll find two generous bedrooms, each with walk-in closets, as well as a 4-piece bathroom, ample storage, and an open loft and den area overlooking the great room below. Above the garage, a separate loft space with its own garage access offers endless possibilities as a media room, games room, guest suite, home office, or additional bedroom.The unfinished 1,300 sq. ft. basement with high ceilings provides a blank canvas for future expansion and customization. Outside, enjoy stunning lake views from the rear of the property while mature trees at the front create privacy and a peaceful natural setting. If you are looking for the ultimate family cottage getaway, this remarkable property is ready to create lasting memories for generations to come. Seasonal cottage on GRCA leased land, fulltime living is permitted April 15th to Nov 15th and 10 days PER MONTH living permitted in the off season.
Price History
Schools
Elementary
- John Black Public School3.8 km
Public · Upper Grand DSB · 335 students
Grade 3 reading: 93% met the provincial standard · Grade 6 math: 58% met the provincial standard
- Victoria Terrace Public School4.8 km
Public · Upper Grand DSB · 200 students
Grade 3 reading: 100% met the provincial standard · Grade 6 math: 50% met the provincial standard
Secondary
- Centre Wellington District High School5 km
Public · Upper Grand DSB · 1190 students
Grade 10 literacy: 89% 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 N1M
- Population
- 18,498
- Private dwellings
- 7,546
- Median age
- 42.4
- Average household size
- 2.5
- Median household income
- $95,000
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
Single Family in Centre Wellington · last 12 months
- Median sold price
- $775,000
- Homes sold
- 476
- Median days on market
- 31
- Sale-to-list price
- 97.4%
Based on 476 recorded sales of single family properties in Centre Wellington over the last 12 months.
Location
Mortgage Calculator
$320,000
Estimated Monthly Payment
$7,860
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $7,860/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $400/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?