308 King Lake Road, Machar, ON

$649,000
MLS#:X12212403
3 beds
3 baths
1500-2000 sqft
12.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 6, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Machar. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $649,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 1056 x 3276 ft lot
  • Features a partial basement, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 12.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: None
  • Efficient other heating via propane

Description

Off-Grid Waterfront Paradise 90+ Acres on King Lake. Escape to complete privacy and self-sufficient living in this beautiful off-grid, 2-storey home located in the heart of the Almaguin Highlands. Set on over 90 acres with more than 1,000 feet of frontage on King Lake, this 3-bedroom, 2-bathroom home offers the perfect blend of comfort, nature, and freedom from utility bills. The main level welcomes you with a large foyer leading into a bright, open-concept living area featuring expansive windows and a cozy wood stove. The spacious eat-in kitchen includes a propane fireplace and opens onto a charming three-season porch perfect for dining or relaxing. Upstairs, the primary bedroom offers vaulted ceilings and panoramic views of your property. Two additional bedrooms, a 4-piece bath, and a convenient laundry/storage room complete the second floor. The property is divided by a year-round municipal road. On one side, enjoy your private waterfront with a dock on tranquil King Lake. On the other, the home and a large Quonset shed provide ample storage for outdoor gear and equipment. Completely off-grid, the home is powered by solar, with a drilled well and septic system delivering true independence without sacrificing modern amenities. Whether you're looking for a peaceful year-round residence, a family retreat, or a sustainable lifestyle, this rare waterfront estate is a must-see. Enjoy swimming, boating, hiking, and total serenity, all in one remarkable location. Call today to book your private showing!

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Property Summary

This detached home located at 308 King Lake Road, Machar is currently for sale and has been available on SousaSells for 400 days. This property is listed at $649,000 with an estimated mortgage of $2,160* per month. It has 3 beds, 3 bathrooms, and is 1500-2000 square feet. 308 King Lake Road, Machar is in the Machar neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 18, 2025
Sold price information is available to members only
Listed Date6/11/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionWood
BasementPartial Basement, Unfinished
Lot Size1056 × 3276 Feet
CountyParry Sound
Annual Tax$3,206
Legal DescriptionPCL 11551 SEC NS; BROKEN LT 24 CON 11 MACHAR SAVING & EXCEPTING AN ALLOWANCE OF ONE CHAIN IN PERPENDICULAR WIDTH FOR A RD ALONG THE SHORE OF KING LAKE, AS RESERVED IN THE ORIGINAL PATENT FROM THE CROWN; MACHAR

Parking & Garage

Parking Spaces12.0
Garage Spaces8
Garage TypeDetached

Heating & Cooling

Heat SourcePropane
Heat TypeOther
CoolingNone

Features

Property Features

Interior Features

None

Security Features

Community Features

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Location

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308 King Lake Road, Machar, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 308 King Lake Road, Machar, ON P0A 1X0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Machar.

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Interest Rate4.00%
Down Payment$194,700 (30.0%)
* Minimum Canadian down payment required for this price is $39,900.
Amortization Period30 Years
Estimated Monthly Payment$2,160Based on a loan of $454,300 over 30 years.
Purchase Price$649,000
Loan Amount$454,300
Provincial Land Transfer Tax:$9,455
Total Estimated Closing Taxes:$9,455

About Purchasing a Home in Machar, ON

For a property listed at $649,000 in Machar, the legal minimum down payment is $39,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,455 for this transaction. As this listing is in Machar (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,455.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Machar, Machar.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$661,765

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.