445 Lorimer Lake Road, McDougall, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of McDougall. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $829,000 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 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 150 x 296 ft lot
- Features a full, finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Primary Bedroom - Main Floor, Water Heater Owned, Guest Accommodations
- equipped with wall unit(s) central cooling and highly efficient heat pump heating via electric
Description
Located on a paved, year round road 445 Lorimer Lake Road is your perfect cottage country getaway - a charming 3 bedroom, 2 bathroom home/cottage. This peaceful TURNKEY, winterized cottage offers the perfect blend of rustic charm and comfort, making it an ideal retreat or full time residence. Located just 20 minutes from Parry Sound, the property is easily accessible via the municipally maintained and plowed road, ensuring year-round convenience. The cottage's warm and welcoming interior features spacious dining and living areas, a functional kitchen layout, and cozy bedrooms. The finished basement walks out to a charming three-season, screened in sunroom, perfect for resting from a day in the sun, or reading on a rainy day. The bunkie at the shoreline is perfect for overflow sleeping, or even an office space with a view! The single car detached garage was built in 2017. Both the cottage and garage have metal roofs. Natural beauty surrounds the property and offers a serene backdrop, with opportunities for outdoor activities like hiking, boating, fishing, and kayaking. Whether you're enjoying a quiet morning coffee on the deck or hosting a summer barbecue, this property provides the perfect northern lake setting for making lasting memories. Don't miss the opportunity to own this delightful cottage in a prime location. Experience the tranquility and charm for yourself!
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Property Summary
This detached home located at 445 Lorimer Lake Road, McDougall is currently for sale and has been available on SousaSells for 413 days. This property is listed at $829,000 with an estimated mortgage of $2,759* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 445 Lorimer Lake Road, McDougall is in the McDougall neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
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Features
Property Features
Interior Features
Primary Bedroom - Main Floor, Water Heater Owned, Guest Accommodations
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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 445 Lorimer Lake Road, McDougall, ON P2A 2W7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in McDougall, ON
For a property listed at $829,000 in McDougall, the legal minimum down payment is $57,900 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 $13,055 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 $13,055.
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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.