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1130 Fader Drive, Algonquin Highlands, ON K0M 1S0

3 beds · 1 bath · 1 kitchen · 7 rooms · 4 parking spaces · 700-1100 sq ft · Detached
$674,900
Property tax
$2,393 / year

Welcome to your year-round storybook escape at 1130 Fader Drive on beautiful Maple Lake. Cute as a button and filled with rustic charm, this turn-key four-season retreat seamlessly pairs classic cottage nostalgia with modern comfort. Inside, the tastefully updated interior features three cozy bedrooms, a fully renovated bathroom, and an inviting living area centered around a wood-burning fireplace. Whether you are hosting family for the weekend or planning for full-time lakefront living, this fully equipped property is completely ready for you to enjoy from day one.Step outside onto a flat, family-friendly lot designed for effortless water access. Spend your days swimming off the dock, targeting a trophy catch, or relaxing on the shore while soaking in world-class golden sunset views. As part of a sought-after three-lake chain connecting Maple, Grass, and Pine Lakes, you enjoy endless miles of premier boating, fishing, and watersports right from your doorstep.Cottage life is made exceptionally easy here, thanks to superb year-round road access just minutes from local amenities. Best of all, the shore road allowance is fully owned, offering enhanced privacy and added value for years to come. From summer cannonballs to cozy winter nights by the fire, 1130 Fader Drive delivers the ultimate Canadian waterfront lifestyle.

MLS number
X13755110
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
1
Postal code
K0M 1S0
Photos
41
Laundry
Not in the unit
4days · 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.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

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.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 681 people.

$75,500Median household income
97.1%Own their home
96.9%Detached houses
58.8Median age
8.7%Born outside Canada
17.5%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35460085 — the few blocks around this address, home to 681 people. It describes the area, not this property.

681Population
52.8Average age
2.1Household size
$89,600Average household income
$75,500Median household income
97%Own their home
3%Rent
0%Condominiums
9%Born outside Canada
18%University degree
$556,000Average home value
8%Low income
19%Never married
$20,000 to $24,9996%
$25,000 to $29,9994%
$30,000 to $34,9991%
$35,000 to $39,9992%
$40,000 to $44,9994%
$45,000 to $49,9994%
$50,000 to $59,9999%
$60,000 to $69,9997%
$70,000 to $79,9995%
$80,000 to $89,9997%
$90,000 to $99,9997%
$100,000 and over22%
$100,000 to $124,99910%
$125,000 to $149,9995%
$150,000 to $199,9994%
$200,000 and over4%

Percentages are of the 410 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.

$134,980 · minimum here is $42,490
$2,988.31per month
Borrowed before insurance$539,920
Total borrowed$539,920
Interest over 25 years at 4.5%$356,573

If you rented it out

-$3,187.73per month out of pocket
Rent$0.00
Everything it costs to hold$3,187.73
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 Professionals North. Listing data provided by the Toronto Regional Real Estate Board.