578B OLD HIGHWAY 2
Central Lakes · K8V5P5
$1,299,900
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
Estimated monthly payment
$6,079/mo
Loan amount
$1,039,920
Down payment
$259,980
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Central Lakes
Nearby
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
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently 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.
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