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For saleMLS® X13687668

691 Frank Hill Road, Kawartha Lakes, ON K9J 6X3

Emily · K9J 6X3

$2,999,999

$15 / sq ft

2 months on market

Total area
198,634 sf
Lot
750 × 510 ft

What's special

  • Partial

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About this property

Rare Chemong Lake waterfront investment and redevelopment opportunity just minutes from Peterborough. Set on approximately 4.65 acres with approximately 785 ft of waterfront, this C4-2 zoned commercial property offers exceptional lake frontage, existing resort infrastructure, multiple income streams, and long-term upside. Currently operated as Lancaster Cottage and Trailer Resort, the property includes 50 sites, a main two-storey 3-bedroom house, a 2-bedroom cottage, 2 park models, workshop/shed, public washrooms, public laundry, boat launch, docking system, beach, gazebo, and an approximately 20 x 40 saltwater swimming pool. The property also includes 7 vacant waterfront sites available for new trailer placement or trailer sales income, in addition to seasonal site fees. Located on the shores of Chemong Lake, part of the Trent-Severn Waterway, this property offers direct waterfront access, lake views, boating, recreation, and strong Kawartha lifestyle appeal. The location is minutes from Peterborough, Bridgenorth, Ennismore, and convenient access routes to Highway 115.A rare opportunity to acquire a large-format waterfront commercial property with existing resort use, income potential, substantial frontage, and possible future redevelopment upside. Continue the resort operation, reposition the business, expand seasonal revenue, hold as a waterfront commercial asset, or explore redevelopment potential, subject to all required approvals. Buyer to verify zoning, permitted uses, site count, servicing, income, environmental matters, shoreline regulations, conservation requirements, and redevelopment potential.

Property details

Property

Property type
investment
Interior size
198,634 sq ft
Lot size
750 × 510 ft
Zoning
C4-2
Possession
Flexible

Interior

Heating
Other
Cooling
Partial

Exterior & services

Water
Drilled Well
Sewer
Septic

Costs

List price
$2,999,999
Property taxes
$9,581 / year (2025)
Price per sq ft
$15

Listing

MLS® number
X13687668
Status
For sale
Listed
August 18, 2026
Days on market
79
Last updated
August 18, 2026
Listing brokerage
RE/MAX HALLMARK EASTERN REALTY

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 78% of comparable multi-unit / investment listings in Kawartha Lakes are asking less.

$687KMedian $1.30M$5.20M
This home
$15 / sq ft
Comparable median
$192 / sq ft

Based on 9 comparable active multi-unit / investment listings in Kawartha Lakes. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $600,000
$600,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$13,270.01
Property tax (est.)
$798.42
Estimated monthly
$14,068

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$61,475
Total due on closing
$61,475

An estimate on the asking price of $2,999,999. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX HALLMARK EASTERN REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$2,999,999

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