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1029 Harvey Avenue, Algonquin Highlands, ON P0A 1E0

4 beds · 5 baths · 1 kitchen · 16 rooms · 9 parking spaces · 2500-3000 sq ft · Detached
$1,699,000
Property tax
$4,746 / year

Own a piece of Cottage Country history with modern comfort. This extraordinary 2,600 sq ft two-story home offers nearly 200 ft of pristine Lake of Bays shoreline with sandy shallow entry and deep water off the dock. Seamlessly blending century-old character with a 1990s addition, the home features numerous bedrooms and baths, currently operating as a successful bed & breakfast. The interior showcases exceptional taste and pride of ownership - impeccably maintained, tastefully decorated, and loaded with "wow factor" from the moment you walk in. Outdoors is an entertainer's dream: extensive decking, hot tub, BBQ station & gazebo, full docking system, outdoor firepit and multiple sun decks positioned for spectacular sunsets over Dorset village. Water is treated, septic system (2024), combination forced-air propane & heat & A/C pump, designer's kitchen w/granite countertop and built-in appliances, gym, stone fireplace and much more. See impressive Chattels List. Vast amounts of crown land nearby offer a network of trails to explore activities throughout 4 seasons of the year - i.e. hiking, wildlife seeking, photography, snowshoeing, skiing, ice-fishing, snowmobiling, ATVing and so much more. One can boat to 2 other towns from this location in Dorset. Situated in the heart of beloved Cottage Country, a favorite escape from Southern Ontario. A rare chance to own a turnkey business and an outstanding legacy waterfront home. The photos say it all! Take a look!

MLS number
X13441440
Type
Detached
Status
Active
Bedrooms
4
Bathrooms
5
Postal code
P0A 1E0
Photos
50
Laundry
Not in the unit
93days · 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

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Approximate — placed from the postal code, which can cover a block or more.

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.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 589 people.

$82,000Median household income
93%Own their home
98.2%Detached houses
58Median age
12.9%Born outside Canada
14.7%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35440245 — the few blocks around this address, home to 589 people. It describes the area, not this property.

589Population
51.7Average age
2.1Household size
$86,000Average household income
$82,000Median household income
93%Own their home
7%Rent
0%Condominiums
13%Born outside Canada
15%University degree
$645,000Average home value
8%Low income
62%Not in the labour force
17%Never married
$15,000 to $19,9991%
$20,000 to $24,9991%
$25,000 to $29,9993%
$30,000 to $34,9994%
$35,000 to $39,9993%
$40,000 to $44,9993%
$45,000 to $49,9995%
$50,000 to $59,9995%
$60,000 to $69,9995%
$70,000 to $79,9995%
$80,000 to $89,9996%
$90,000 to $99,9994%
$100,000 and over28%
$100,000 to $124,99911%
$125,000 to $149,9996%
$150,000 to $199,9996%
$200,000 and over5%

Percentages are of the 400 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

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

$339,800 · minimum here is $339,800
$7,522.80per month
Borrowed before insurance$1,359,200
Total borrowed$1,359,200
Interest over 25 years at 4.5%$897,641

If you rented it out

-$7,918.30per month out of pocket
Rent$0.00
Everything it costs to hold$7,918.30
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 Forest Hill Real Estate Inc.. Listing data provided by the Toronto Regional Real Estate Board.