Homula Realty Brokerage
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1138A Watkins Lane, Frontenac, ON K0H 1C0

3 beds · 1 bath · 1 kitchen · 7 rooms · 4 parking spaces · 700-1100 sq ft · Detached
$399,900
Property tax
$2,208 / year

Sunrise Serenity & Vintage Charm located on 175' of Private Waterfront on Malcolm Lake Experience the quintessential lakeside escape in this charming 1970s vintage cottage,perfectly positioned on a sprawling, private lot facing east across the sparkling waters of Malcolm Lake. With 175 feet of owned waterfront and unobstructed views,this 3-season retreat offers the rare peace and privacy that only a property of this caliber can provide. Imagine waking up to the sun rising over the lake, coffee in hand, with nothing but the sound of the loons to start your day.Step inside to a home that blends nostalgia with modern peace of mind. This 3-bedroomcottage has been thoughtfully refreshed, featuring brand-new windows and doors, a new roof (shingles), a modern bathroom vanity and toilet, and freshly updated kitchen cabinetry. It's the perfect canvas for your family memories-classic enough to feel like a true getaway, yet updated where it counts.Outside, the gentle 175' shoreline invites you to swim, boat, or kayak. Malcolm Lake is a vibrant 512-acre ecosystem known for its excellent fishing and boating, with the added bonus of a water connection to the more secluded Ardoch Lake (Green Lake) for world-class Walleye and Pike fishing. When the sun sets, the magic continues; located near the Ardoch Dark Sky Reserve, you'll enjoy some of the most spectacular stargazing in North America right from your own backyard. Perfectly situated for weekend warriors or seasonal residents, this retreat is accessible via a township-maintained road and a short, resident-maintained private lane. You are within a reasonable drive of major hubs: 90 minutes from Ottawa, 3hours from Toronto, and 4 hours from Montreal.

MLS number
X13050394
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
1
Postal code
K0H 1C0
Photos
48
Laundry
Not in the unit
139days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

This address could not be placed on the mapHomula matches addresses against open government address data, and this one found no match — so the map, the nearby schools and the school boundaries are all unavailable for this listing. It is a gap in our data, not a property without schools nearby.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Detached houses in Frontenac645 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$395k$525k$656k20252026this home’s asking price
$610klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
96%98%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d24d49d20252026
28dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in frontenac. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$79,980 · minimum here is $19,995
$1,770.67per month
Borrowed before insurance$319,920
Total borrowed$319,920
Interest over 25 years at 4.5%$211,281

If you rented it out

-$1,954.67per month out of pocket
Rent$0.00
Everything it costs to hold$1,954.67
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Royal Lepage Proalliance Realty. Listing data provided by the Toronto Regional Real Estate Board.