Residentiae.
For Sale · Central Lakes

578B OLD HIGHWAY 2

Central Lakes · K8V5P5

$1,299,900

3Bedrooms
1Bathrooms
12Parking
1,100Sq Ft
1Storeys

About this residence

RARE OPPORTUNITY | Offered in "as is", where-is" condition, with no representations or warranties by the Seller, this exceptional WATERFRONT holding presents a rare and compelling opportunity along the highly sought-after BAY OF QUINTE. Held within the same family for three generations, this is a legacy property now being offered to the market for the next visionary to unlock its full potential. Ideally positioned in a prime, high-exposure location along Highway 2, the offering combines strong arterial visibility with an expansive, elongated lot that stretches from the roadway all the way to the shoreline of the Bay-creating a unique depth of land rarely found in waterfront properties. The existing improvements include a 3 bedroom bungalow (1.471 sq ft) a detached 2 car-garage (720 sq ft), and fully enclosed porch, offering flexibility for interim use, rental income, or future redevelopment. A picturesque, tree-lined driveway framed by mature apple trees leads to the property's defining feature; a PRIVATE HARBOUR of exceptional quality. This sheltered waterfront includes a durable concrete sea wall, private boat ramp, and generous space for docking and lakeside enjoyment. A detached floating two-story structure captures sweeping unobstructed views across the Bay, presenting a truly unique element with significant creative and value-add potential. Surrounded by a mix of commercial uses and residential zoning-including neighbouring commercial properties and R3-26 zoning next door-this property is ideally positioned for those exploring rezoning, redevelopment, or a signature mixed-use or waterfront concept. The scale of the lot, combined with direct water access and prime location, opens the door to a wide range of possibilities. With four-season appeal-from boating and water sports to winter recreation-this is a rare opportunity to secure a generational waterfront asset in a prime location, offering both immediate enjoyment and long-term development potential. (id:61366)

Property details

Property type
Single Family
Style
House
Ownership
Freehold
Bedrooms
3 (3 above)
Bathrooms
1
Storeys
1
Living area
1,100–1,500 sq ft
Lot size
120 x 1059.5 FT
Frontage
120 feet
Parking
12 spaces
Fireplace
1
Annual tax
$5,642
MLS®
X13087404
Board
Central Lakes
Status
Active
Listed
May 5, 2026
Updated
Jul 8, 2026

Features & finishes

Heating

  • Oil

Basement

  • Unfinished

Exterior

  • Aluminum siding

Foundation

  • Stone

Parking

  • Garage
  • Detached Garage

Lot

  • Hilly

Sewer & Utilities

  • Septic System
  • Cable
  • Electricity
  • Wireless
  • Electricity Connected

Community

  • School Bus
  • Fishing

Views

  • View of water
  • Direct Water View

Architecture

  • Bungalow

Financing

Mortgage calculator

Estimated monthly payment

$6,079/mo

Amortization

Loan amount

$1,039,920

Down payment

$259,980

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

Central Lakes

About the area

Census · K8V
28,936
Population
44
Median age
$76,500
Median income
$400,000
Median home value
67%
Home ownership
20 min
Avg. commute

Age distribution

0–14
16%
15–24
10%
25–44
25%
45–64
27%
65+
21%

Tenure

67% owners33% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

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Good to know

Frequently asked questions

What is the asking price for 578B OLD HIGHWAY 2?

578B OLD HIGHWAY 2 is listed for $1,299,900, in Central Lakes.

How many bedrooms and bathrooms does 578B OLD HIGHWAY 2 have?

It offers 3 bedrooms and 1 bathroom.

What type of home is 578B OLD HIGHWAY 2?

578B OLD HIGHWAY 2 is a Single Family, House set over 1 storey.

How large is 578B OLD HIGHWAY 2?

The home offers approximately 1,100–1,500 sq ft of living space on a lot measuring 120 x 1059.5 FT.

What would the monthly mortgage payment be?

With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $6,079. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $5,642 per year.

Is there parking?

Yes — 578B OLD HIGHWAY 2 includes 12 parking spaces.

What is the Central Lakes area like?

Central Lakes has a population of about 28,936, a median age of 44, a 67% home-ownership rate, with an average commute of about 20 minutes.

What is the average home value in Central Lakes?

The median dwelling value in this area is approximately $400,000, based on census data via Neighbourly.

What is the median household income in Central Lakes?

The median household income in this area is approximately $76,500.

Private viewings

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