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14 Charles Avenue, McKellar, ON P2A 0B4

3+2 beds · 3 baths · 1 kitchen · 6+6 rooms · 8 parking spaces · 1500-2000 sq ft · Detached
$2,250,000
Property tax
$5,347 / year

Nestled on a rare crescent-shaped waterfront lot with coveted western exposure and long-lake views, this 4-season, 5-bedroom, 3-bathroom luxury cottage offers all-day sun and unforgettable sunsets over prestigious Manitouwabing Lake. 3200+ sq ft of finished space built by Cedarland Homes. The main living space features vaulted ceilings, rustic wood beams, and full-height windows framing panoramic views of the bay. The open concept kitchen, complete with breakfast bar, flows into the great room and dining area stepping out to a full-width deck with elevated lake vistas and a covered patio below. Your private sandy beach and shallow walk-in shoreline are ideal for kids, while the dock is perfect for fishing and boating. The walk-out lower level, finished in 2023, includes a family room, wet bar, games room, laundry and bathroom all designed for comfort and entertaining. Extras include double garage with hydro, municipally maintained road access, and an exclusive cul-de-sac with just 5 homes. Parking Includes 2 Car Garage, main driveway and an overflow space at west side of lot. Located just minutes from Manitou Ridge Golf Course, local bistro, butcher and General Store. Under 25 minutes to full service amenities in Parry Sound including, hospital, dining and shopping, plus amenities in neighbouring Muskoka. Whether you are seeking a private family haven to make everlasting memories or an investment-grade waterfront property, this home is move-in ready and made for lakeside living.

MLS number
X13710586
Type
Detached
Status
Active
Bedrooms
5
Bathrooms
3
Postal code
P2A 0B4
Photos
50
17days · this listing
359days · this property (5 listings)

This home has been listed 5 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 "This property" adds up the days each of those listings was actually on the market before being withdrawn, suspended or expiring — the quiet months between them are not counted.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

359 days on the market across 5 listings
This listing shows 17 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 5 times.

Sale history is for registered usersSee what this address sold for and when, across all 5 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.

$450,000 · minimum here is $450,000
$9,962.51per month
Borrowed before insurance$1,800,000
Total borrowed$1,800,000
Interest over 25 years at 4.5%$1,188,754

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.

-$6,658.10per month out of pocket
Rent$3,750.00
Everything it costs to hold$10,408.10
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 HOME & CONDO MARKET. Listing data provided by the Toronto Regional Real Estate Board.