Homula Realty Brokerage
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127 BURNETTS Road, McKellar, ON P2A 0B5

3 beds · 2 baths · 1 kitchen · 8 rooms · 13 parking spaces · 1100-1500 sq ft · Detached
$949,000
Property tax
$3,676 / year

Fully furnished spacious western exposure Lake Manitouwabing lake house or cottage on a year round municipal road. Recently renovated, the cottage sits on 1.1 acres with 238 feet of shoreline along a quiet private bay on Lake Manitouwabing. The large gentle entry beach is great for kids to play at or sit in your beach chair and read a book to relax. The open concept great room/dining room with vaulted ceiling and updated kitchen create a welcoming atmosphere for entertaining. The covered porch provides an ideal space for barbecuing or entertaining, even on rainy days. Heated by forced air propane and cooled with A/C you will have all the comforts of home. Outside, there is a large garage and workshop, as well as ample parking to accommodate family and guests. The sandy beach waterfront features a Bunkie for additional guests, a fire pit, and storage space for recreational equipment. The large garage also has a sleeping quarters. Boat to many of the lake's destinations such as, The Manitou Ridge Golf Club, Tait's Landing Marina, Glenwood Marina or the Manitouwabing Outpost.

MLS number
X13560644
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
2
Postal code
P2A 0B5
Photos
44
59days · this listing
243days · this property (3 listings)

This home has been listed 3 times in the last two years. "This property" adds up the days each of those listings was actually on the market before being withdrawn, suspended or expiring — the quiet months between them are not counted.

Listing history

243 days on the market across 3 listings
This listing shows 59 days on its own. The counter restarts each time a property is relisted, so the total above is how long it has actually been for sale. Time when it was off the market is not counted.

This address has been listed 3 times.

Sale history is for registered usersSee what this address sold for and when, across all 3 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this home is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

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 863 people.

$79,000Median household income
95.5%Own their home
98.8%Detached houses
62Median age
14.8%Born outside Canada
11.9%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35490191 — the few blocks around this address, home to 863 people. It describes the area, not this property.

863Population
56.5Average age
2Household size
$84,400Average household income
$79,000Median household income
96%Own their home
5%Rent
0%Condominiums
15%Born outside Canada
12%University degree
$740,000Average home value
10%Low income
12%Never married
Under $5,0001%
$10,000 to $14,9991%
$20,000 to $24,9992%
$25,000 to $29,9993%
$30,000 to $34,9992%
$35,000 to $39,9992%
$40,000 to $44,9994%
$45,000 to $49,9994%
$50,000 to $59,9998%
$60,000 to $69,9996%
$70,000 to $79,9995%
$80,000 to $89,9996%
$90,000 to $99,9994%
$100,000 and over27%
$100,000 to $124,9999%
$125,000 to $149,9995%
$150,000 to $199,9997%
$200,000 and over4%

Percentages are of the 560 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.

$189,800 · minimum here is $69,900
$4,201.97per month
Borrowed before insurance$759,200
Total borrowed$759,200
Interest over 25 years at 4.5%$501,390

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$2,926.30per month out of pocket
Rent$1,582.00
Everything it costs to hold$4,508.30
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 RE/MAX Parry Sound Muskoka Realty Ltd. Listing data provided by the Toronto Regional Real Estate Board.