31 Lake Forest Drive, McDougall, ON

$829,900
MLS#:X13009266
4 beds
3 baths
1500-2000 sqft
10.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of McDougall. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $829,900 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.

  • 4 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 420.5 x 559.09 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Primary Bedroom - Main Floor, Auto Garage Door Remote, Built-In Oven
  • Efficient forced air heating via propane

Description

Welcome to 31 Lake Forest Drive in McDougall Township. This beautiful bungalow is just minutes from Parry Sound, offering the perfect blend of bright, open concept living and peaceful privacy on 2.8 acres of treed land. Set back from the road, this property delivers a true country feel while conveniently close to town. The main level is filled with natural light and designed for both comfort and functionality. An open-concept layout seamlessly connects the kitchen, dining, and living areas-ideal for everyday living and entertaining. The stunning new kitchen (2025) features quartz countertops, abundant drawer storage, stainless steel appliances, and a large walk-in pantry. Engineered hickory flooring adds warmth and continuity throughout the main living spaces. Offering 4 bedrooms (3+1) and 2.5 bathrooms, there is plenty of room for family and guests. The primary suite includes double entry doors, a large walk-in closet, private walk-out deck and a jet tub for a relaxing retreat. Main floor laundry adds convenience. The double car attached garage and oversized driveway provide convenience and ample space for vehicles, boats, toys and RVs. The finished lower level features an oversized rec room plus a dedicated workshop, ideal for hobbies, movie nights, as a kid's space or for entertaining. Additional features include SMART home lighting connectivity and a beautiful, private setting with frequent wildlife-an increasingly rare find so close to town. Enjoy the tranquility of nature just minutes from local amenities, the neighborhood beach, nearby snowmobile trails and a boat launch to Georgian Bay, offering exceptional opportunities for waterfront recreation. Welcome home to this gorgeous turnkey bungalow offering space, comfort, and lifestyle in the desirable Nobel area.

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Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 2, 2026
Sold price information is available to members only
Listed Date4/16/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionWood
BasementFinished, Full
Lot Size420.5 × 559.09 Feet
CountyParry Sound
Annual Tax$2,556
Legal DescriptionPT LT 21 RCP 336; PT BLK L PL 296 PT 1 42R11336; MCDOUGALL

Parking & Garage

Parking Spaces10.0
Garage Spaces8
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingNone

Features

Property Features

Cul de Sac/Dead End, Golf, Lake/Pond, Rec./Commun.Centre, Wooded/Treed

Interior Features

Primary Bedroom - Main Floor, Auto Garage Door Remote, Built-In Oven, Countertop Range, Propane Tank, Storage, Water Heater Owned, Water Treatment, Water Softener, Workbench

Security Features

Alarm System

Community Features

Location

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31 Lake Forest Drive, McDougall, 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 31 Lake Forest Drive, McDougall, ON P2A 2W9

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.

Market Trend
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Mortgage & Affordability Audit

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

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Interest Rate5.25%
Down Payment$57,990 (7.0%)
* Minimum Canadian down payment required for this price is $57,990.
Amortization Period25 Years
Estimated Monthly Payment$4,600Based on a loan of $771,910 over 25 years.
Purchase Price$829,900
Loan Amount$771,910
Provincial Land Transfer Tax:$13,073
Total Estimated Closing Taxes:$13,073

About Purchasing a Home in McDougall, ON

For a property listed at $829,900 in McDougall, the legal minimum down payment is $57,990 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 $13,073 for this transaction. As this listing is in McDougall (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $13,073.

Nearby Listings

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No current listings found in McDougall.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$788,455

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

McDougall
Public69 Highway 124, McDougall Township, Ontario, P2A 2W7
5.2

Secondary Schools

No secondary schools data loaded.

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.