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1052 Skin Lake Drive, Algonquin Highlands, ON P0A 1E0

3 beds · 1 bath · 1 kitchen · 6 rooms · 4 parking spaces · 700-1100 sq ft · Detached
$699,000
Property tax
$2,410 / year

Stunning Turnkey 3-Season Cottage on Peaceful Skin Lake! Arrive at this charming bungalow and immediately feel the tranquility of cottage country. Step into its roomy screened-in porch - a wonderful mudroom with seating areas for relaxing while overlooking the lake. Inside, the spacious open-concept living, dining and kitchen area features a warm pine interior and a wall of windows that reveal a truly majestic view of tall trees and gleaming lakefront. From the kitchen, walk through glass sliding doors onto a large deck - perfect for BBQs, entertaining family and friends or enjoying your morning coffee overlooking the water. Filled with natural light, the cottage offers 3 bedrooms (each with a closet), a charming bunkie for additional guests, and a 3-piece bathroom. The maturely treed lot offers a wonderful sense of privacy, with a waterfront that boasts both a sandy, gentle entry and deeper water off the dock. Skin Lake is small, quiet and coveted for its beautiful natural setting (approx. half of the shoreline is Crown land), with excellent fishing (lake trout and smallmouth bass). High-speed internet is available, making it ideal for those who want more time at the lake, even while working remotely. Or cozy up by the wood stove (newly installed late 2019) with a book and cup of tea on a cool summer's evening or crisp fall day. Just 12 minutes from the lovely village of Dorset - featuring the famous Robinson's General Store and Pizza On Earth, local artisans, LCBO, Dorset Lookout Tower and much more. From Dorset, Huntsville, Bracebridge and the West Gate of Algonquin Park are each approx. 35 minutes away. Outdoor enthusiasts will appreciate the abundance of Crown land along Livingston Road and throughout the area, with access to hiking, ATV and snowmobile trails, and stunning views at every turn. 2 storage sheds for your cottage toys and tools. Kayaks, canoes, paddleboard and many other inclusions in the sale - even the sounds of the loons!

MLS number
X13698620
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
1
Postal code
P0A 1E0
Photos
50
23days · 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.

$139,800 · minimum here is $44,900
$3,095.02per month
Borrowed before insurance$559,200
Total borrowed$559,200
Interest over 25 years at 4.5%$369,306

If you rented it out

-$3,295.85per month out of pocket
Rent$0.00
Everything it costs to hold$3,295.85
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.