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281 Caliper Lake, Sioux Narrows-Nestor Falls, ON P0X 1C0

3 beds · 2 baths · 1 kitchen · 10 rooms · Cottage · 21 days on market
$449,000
Property tax
$2,087 / year

Welcome to beautiful Caliper Lake, one of the region’s most coveted waterfront destinations. Properties on this lake rarely come available, making this an exceptional opportunity to own a piece of a lake loved by generations of cottagers and outdoor enthusiasts. This meticulously maintained 1,300-square-foot cottage offers convenient single-level living with 3 bedrooms and 2 bathrooms. Thoughtfully updated and exceptionally cared for, the property is designed for relaxation and enjoyment with a low-maintenance exterior and numerous upgrades throughout. The south-facing lot captures sunlight throughout the day while maintaining a low-profile presence that blends naturally into the landscape. Enjoy peace of mind with hydro, septic, and road access, making it easy to enjoy the property in every season. Guests will appreciate the separate 250-square-foot self-contained bunkie, providing additional privacy and comfortable accommodations. After a day on the lake, rinse off in the convenient outdoor shower, then unwind in the traditional wood-fired sauna before gathering with family and friends to enjoy the tranquil surroundings. Best of all, the shoreline is owned, allowing you to fully enjoy your waterfront investment. Whether you're looking for a family retreat, a peaceful escape, or a property to create lasting memories, this Caliper Lake gem is one you won’t want to miss.

MLS number
X13511108
Type
Cottage
Status
Active
Bedrooms
3
Bathrooms
2
Postal code
P0X 1C0
Photos
49
89days · 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

Where this address sits, matched against open government data.

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

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
St Louis Separate School
Kenora CDSB
Elementary404 m8.3 / 10
83% met the standard
Keewatin Public School
Keewatin-Patricia DSB
Elementary648 m6.0 / 10
60% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

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 403 people.

$74,000Median household income
67.6%Own their home
69%Detached houses
50Median age
5.6%Born outside Canada
13.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35600318 — the few blocks around this address, home to 403 people. It describes the area, not this property.

403Population
46.1Average age
1.9Household size
$89,000Average household income
$74,000Median household income
68%Own their home
32%Rent
0%Condominiums
6%Born outside Canada
13%University degree
$360,000Average home value
14%Low income
76%Not in the labour force
30%Never married
Under $5,0002%
$10,000 to $14,9993%
$15,000 to $19,9993%
$20,000 to $24,9997%
$25,000 to $29,9993%
$30,000 to $34,9992%
$35,000 to $39,9992%
$40,000 to $44,9992%
$45,000 to $49,9993%
$50,000 to $59,9992%
$60,000 to $69,9995%
$70,000 to $79,9995%
$80,000 to $89,9993%
$90,000 to $99,9995%
$100,000 and over25%
$100,000 to $124,9997%
$125,000 to $149,9997%
$150,000 to $199,9998%
$200,000 and over5%

Percentages are of the 295 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.

$89,800 · minimum here is $22,450
$1,988.07per month
Borrowed before insurance$359,200
Total borrowed$359,200
Interest over 25 years at 4.5%$237,222

If you rented it out

-$2,161.99per month out of pocket
Rent$0.00
Everything it costs to hold$2,161.99
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 RE/MAX NORTHWEST REALTY LTD.. Listing data provided by the Toronto Regional Real Estate Board.