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2 for the Price of 1 A Rare Lakeside Offering! History, charm, and income potential all come together in this very unique property. Perfect as a year-round family cottage, a peaceful retreat for retirees, or an investment opportunity with approx. $50,000 annual rental income potential!The main residence is a fully winterized 2 bed / 1 bath log home with a partially finished walkout basement. Showcasing timeless round-log construction and a stunning stone fireplace, the spacious kitchen, dining, and living areas are ideal for entertaining. Step out onto the large deck and soak in the panoramic lake views. The lower level features a welcoming family room with another fireplace, a den, full laundry, and plenty of storage. Recent upgrades include a new propane furnace (May 2021). Stroll down to the waterfront and relax on the oversized dock, perfect for swimming in the clean, deep waters of Gooderham Lake, enjoying watersports, fishing, or even boating into town for groceries and ice cream. Adding incredible value is the historic 550 sq. ft. self-contained guest cabin. With 2 bedrooms, a full washroom, cozy woodstove, and its own private deck and dock, its the perfect haven for visiting family or rental guests. A 23x16 detached garage and large storage shed complete the package. With year-round access just minutes to the village of Gooderham, this is a rare opportunity to own a versatile property that blends lifestyle and investment.
Superior Propane Roughly $134/mo, $1130 - Hydro One $2674.42 - Property Tax $3535.48
City: Highlands East
Neighborhood: Glamorgan
Purchase Price | $1099000 |
Down Payment | $219800 |
Mortgage Insurance | $0 |
Total Mortgage | $879200 |
Mortgage Payment | $5418 |
Property Taxes | $272 |
Maintenance Fees | $0 |
Monthly Payment | $5690 |
Located at 1012 (1008) Coulson Lane , this Highlands East house is available for sale. This property was listed for $1,099,000 on Fri Aug 29 2025. This house's size is 1500-2000 Sqft. It has 5 bedrooms and 2 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 6 parking spots. 1012 (1008) Coulson Lane, Highlands East is situated in the Glamorgan neighbourhood.
MLS#: X12369374 · $1,099,000 · 5 bedroom house in Glamorgan, Highlands East