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For Sale

538 Skene Road

Lake Ward, Marmora and Lake, ON
$639,900
3+1Bd
2Ba
1,750+sqft
4Parking
117 x 147 ftlot
$366/sqft
DetachedMLS# X12862224Listed 2026-03-0940 DOM
Heating
Water Heater Owned
Basement
Finished

On the market for 40 days — longer than average. The seller may be open to negotiation.

About this home

Welcome to a rare waterfront retreat on the quiet shores of Lost Lake, offering exceptional privacy, natural beauty, and four-season enjoyment. This well-maintained property features 4 bedrooms and 2 bathrooms, providing comfortable space for family living, weekend escapes, or hosting guests. Lost Lake is an exclusive and peaceful setting shared by only a small number of waterfront owners, creating a calm environment where nature takes centre stage. Mornings begin with calm waters and the sound of loons, while evenings bring breathtaking sunsets and clear night skies. The lake offers excellent opportunities for swimming, kayaking, canoeing, fishing, and paddle sports, making it an ideal setting for those who appreciate quiet waterfront living. Lovingly cared for over the years, the home offers peace of mind with recent updates, and an automatic generator, ensuring comfort and reliability throughout the seasons. The layout provides functional living space while maintaining a cozy cottage feel that encourages relaxation and connection. In winter, the property transforms into a true outdoor retreat with skating, snowshoeing, and cross-country skiing right outside your door. Warmer months invite long days on the water, quiet afternoons on the dock, and evenings spent enjoying the natural surroundings. The property is accessed via a township-maintained road, with garbage and recycling services available, making year-round use easy and accessible. Located just minutes from McGeachie Conservation Area and the Dickey Lake boat launch, outdoor recreation opportunities are always close by while the setting still feels private and removed from everyday busyness. Known as "HYGGE," this special property reflects the Danish concept of warmth, comfort, and enjoying life's simple moments. Whether used as a year-round home or a peaceful getaway, The property offers an opportunity to experience quiet waterfront living in a truly special setting.

Waterfront

Rooms

Main Floor
Kitchen4.18 × 3.10 m
Dining Room4.18 × 3.43 m
Living Room4.08 × 4.97 m
Bathroom3.06 × 2.35 m
Primary Bedroom3.98 × 4.07 m
Bedroom 24.17 × 2.77 m
Bedroom 33.98 × 2.61 m
Lower
Recreation4.02 × 7.35 m
Bedroom 43.82 × 4.41 m
Bathroom2.48 × 1.86 m
Laundry2.58 × 2.80 m
Utility Room4.18 × 5.62 m

Features

  • Generator - Full
  • In-Law Capability
  • Guest Accommodations
  • Water Heater Owned
  • Carpet Free
  • Finished
  • Full
  • Walk-Out
  • Other
  • Bungalow

Financials

Annual Taxes
$4,170

Estimated Rental Income

Entire property$3,200 – $4,800/mo
Rental yield6.0% – 9.0%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Marmora and Lake

Days on market40 days
Buyer's MarketSeller's Market

Based on active listings in Marmora and Lake. Data updates daily.

Our estimate for this home

Priced 50.5% below estimate
Estimated range
$1.20M$1.39M
Mid-point $1.29M · ~$739/sqft
How this listing compares
$1.20MList · $640K$1.39M
High confidence·Based on 4373 gta-wide comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$639,900
538 Skene Road, Marmora and Lake
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