40 Wembley Drive
Kawartha Lakes, ON
- 4 bed
- 2 bath
- approx. 700-1100 sqft
- Detached
- 99 days on market
Welcome to your private Four Mile Lake retreat. Tucked away in a quiet cove with desirable western exposure, this well-maintained 3+1 bedroom, 2 bathroom waterfront home offers the perfect blend of privacy, recreation, and year-round accessibility. Surrounded by mature trees and granite outcroppings, the property enjoys exceptional seclusion from neighbouring properties and the road while featuring a level waterfront lot ideal for family gatherings, lawn games, and outdoor entertaining. Enjoy endless days on the water with excellent boating, kayaking, paddleboarding, swimming, and easy personal boat launching right from your shoreline. The open concept main level features a bright kitchen, living, and dining area with large windows overlooking the lake, durable vinyl flooring, stainless steel appliances, a WETT-certified wood-burning fireplace, three spacious bedrooms, a 4-piece bathroom, and laundry hookups. Step outside to the elevated lakeside deck and take in stunning sunset views over the water while enjoying dinner with family and friends. The fully finished lower level offers additional living space with a rec room, fourth bedroom, 2-piece bathroom, utility room, and walkout access to the lower patio, plus the convenience of a built-in single-car garage. A single-slip dry boathouse provides excellent waterfront storage and features a loft space above, primed and ready to be transformed into a bunkie for guests or the kids. Recent updates include shingles (2017) and eavestroughs and downspouts (2023). Newly available fibre internet allows you to stay connected while enjoying cottage country living. Being sold fully furnished and turnkey, simply arrive, unpack, and start making memories from day one. Located on a privately maintained road with year-round access, this is an outstanding opportunity to enjoy everything Four Mile Lake has to offer.
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Listing Details
- Taxes (2026)
- $4,281
- Originally Listed
- $739,000
- Listed
- June 11, 2026
Price History
Property
- Style
- 2-Storey
- Age
- 31-50
- Construction
- Aluminum Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete Block
- Interior
- Primary Bedroom - Main Floor, Water Heater Owned, Water Treatment
- Lot Size
- 115 x 157 Feet
Parking
- Garage
- Built-In
- Covered Spaces
- 1
- Total Parking
- 7
Utilities
- Sewer
- Septic
- Heat Source
- Electric
Location & Legal
- Cross Street
- Island Drive & Wembley Dr
- Zoning
- RR3
- Parcel Number
- 631190745
- Possession
- Flexible
- Occupancy
- Owner
Included
- Inclusions
- Fridge, Stove, Microwave, Dock, All Furniture As Viewed, ELFs, Window Coverings
- Exclusions
- Personal Belongings
Waterfront
- Water Body
- Four Mile Lake
- Shoreline
- Natural, Mixed
- Docking
- Private
Community
Postal area K0M
- Population
- 53,815
- Private dwellings
- 37,422
- Median age
- 56.8
- Average household size
- 2.2
- Median household income
- $80,000
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 Kawartha Lakes · last 12 months
- Median sold price
- $615,000
- Homes sold
- 1,268
- Median days on market
- 34
- Sale-to-list price
- 95.9%
Based on 1,268 recorded sales of residential freehold properties in Kawartha Lakes over the last 12 months.
Listed by
Royal Lepage Kawartha Lakes Realty Inc.
Walk Score
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Location
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Mortgage Calculator
$145,800
Estimated Monthly Payment
$3,581
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,581/mo (20% down, 5.5%)
Taxes: $357/mo · Insurance: $182/mo
Estimates only. Consult a financial advisor.
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