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17568 Hwy #41, Addington Highlands, ON K0H 1K0

2 beds · 1 bath · 1 kitchen · 7 rooms · 5 parking spaces · < 700 sq ft · Detached
$424,999
Property tax
$2,287 / year

Wake up to panoramic views of Mazinaw Lake and unwind in your own private retreat in the heart of Land O' Lakes. Perched on nearly 6 acres of rugged Canadian Shield, this renovated 2-bedroom cottage offers a rare combination of privacy, elevation, and panoramic east-facing views. Set on a beautifully treed, sloping lot, the expansive front deck is perfectly positioned to capture spectacular sunrises, making it the perfect place to enjoy your morning coffee or simply take in the ever-changing beauty of the lake. Inside, the cottage has been extensively updated while maintaining its classic cottage charm. The open-concept living area, two bedrooms, and 4-piece bathroom make it ideal for weekend escapes, extended seasonal stays, or year-round enjoyment. Major updates completed include new PEX plumbing, upgraded 100 AMP electrical service, renovated kitchen and bathroom, updated windows, and a fully refreshed interior with drywall, trim, paint, modern lighting, and updated electrical outlets, providing a turnkey cottage experience. Outside, enjoy a private backyard with a fire pit, three storage sheds for all your recreational gear, and nearly 6 acres of wooded landscape to explore. Directly across the road, MTO-owned land provides convenient access to Mazinaw Lake, where you can enjoy swimming and a private dock. The property does not include ownership of the waterfront; however, it offers convenient and easy access to the water. Enjoy the benefits of waterfront living without the waterfront ownership. Minutes from Bon Echo Provincial Park, close to extensive snowmobile trails, and offering year-round municipal road access, this property delivers outstanding four-season recreation. Whether you're searching for a private family retreat, a low-maintenance getaway, or an investment opportunity, this property checks all the boxes. Strong potential for short-term rental income thanks to its proximity to Bon Echo Provincial Park and consistent year-round recreational demand.

MLS number
X13594618
Type
Detached
Status
Active
Bedrooms
2
Bathrooms
1
Postal code
K0H 1K0
Photos
38
Laundry
Not in the unit
54days · 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

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.

Work out the numbers

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

$85,000 · minimum here is $21,250
$1,881.80per month
Borrowed before insurance$339,999
Total borrowed$339,999
Interest over 25 years at 4.5%$224,542

If you rented it out

-$2,072.39per month out of pocket
Rent$0.00
Everything it costs to hold$2,072.39
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 RED APPLE REAL ESTATE INC.. Listing data provided by the Toronto Regional Real Estate Board.