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Property Type: Detached HouseOwnership: Freehold
11 LAKE Avenue
Cambridge, ON N3C2V4
MLS® 40828298
$2,000,000
3 bed1 bath10 parking1,036 sqftBuilt 1915
Property Details
Property & Lot
- Sub-type
- House
- Style
- Bungalow
- Stories
- 1
- Frontage
- 104 feet
R
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $5,512
Interior
- Basement
- Partially finished, Crawl space
- Heating
- Forced air
- Cooling / A/C
- Window air conditioner
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | 8'0'' x 13'0'' |
| 4pc Bathroom | Main level | — |
| Office | Main level | 6'2'' x 8'8'' |
| Bedroom | Main level | 6'9'' x 11'0'' |
| Bedroom | Main level | 6'9'' x 11'0'' |
| Bedroom | Main level | 11'0'' x 10'0'' |
Description
Welcome to 11 Lake Avenue East, a beautiful lakefront bungalow on one of Ontario’s most iconic, coveted, and private lakes—Puslinch Lake. Set on owned waterfront with breathtaking southern exposure and southwest-facing views, this meticulously maintained 3-bedroom plus office, 1-bathroom retreat offers exceptional lakeside living just minutes from Cambridge and Highway 401. The beautifully landscaped lot features an elevated porch, lush perennial gardens, and a warm cottage-inspired interior with hardwood-style flooring, a stone fireplace, and an abundance of natural light. Outside, a concrete self-cleaning, self-levelling pool overlooks the lake and is surrounded by a generous patio, lounge areas, and mature gardens, creating an ideal setting for entertaining. Privately owned waterfront, a boat ramp, and an expansive dock with Adirondack seating provide direct lake access and a perfect place to enjoy the sunset. The property may also offer potential for a substantial addition, and a new septic system has been installed and was designed to support a residence of up to approximately 3,200 sq. ft. with four bathrooms. (id:63159)
Listing Information
- MLS®
- 40828298
- Data last synced
- October 7, 2026
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: not provided
MLS® Number: 40828298
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Cornerstone Association of REALTORS®.
Values & Trends
This listing
$1,931/sqft
Building average
—
No other active listings in this building
22 - Rural Puslinch East average
$731/sqft
13 active listing(s)
Parking: 10 stall(s) includedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Guelph
5°C
—
Humidity 95%
Wind NNE calm km/h
Tonight
6°
Thursday
19°
Thursday night
6°
Friday
12°
Friday night
-2°
Saturday
14°
Source: Environment and Climate Change Canada.
Population
139,163
(2021 Census)
+6.6% since 2016
Density:
Similar Listings Nearby
No similar listings found nearby right now.
Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($400,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$1,600,000.00
Periodic payment — Principal & Interest (monthly)$10,322.66
Additional monthly expenses (condo fees, tax, utilities, etc.)$511.33
Total monthly cost$10,833.99
Interest paid over 5-yr term$458,564.60
Balance at end of term$1,439,205.17
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$400,000
Stress test qualifying rate8.19%
Payment you must qualify for$12,405.99
Cash Needed at Closing
Minimum down payment$400,000
Estimated Land Transfer Tax (LTT)$36,475
Legal / closing costs (typical estimate)$1,500
Total cash needed$437,975
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.