32 Old Rainy Lake Road, McMurrich/Monteith, ON

$299,900
MLS#:X12224615
2 beds
1 baths
700-1100 sqft
3.0 parking
Residential Freehold
32 Old Rainy Lake Road, McMurrich/Monteith, ON P0A 1Y0
⚠️

Property no longer active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 Bungalow rural residential located in the coveted neighborhood of Sprucedale. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $299,900 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 1183 x 320 ft lot
  • Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Water Heater Owned, Storage
  • equipped with wall unit(s) central cooling and highly efficient baseboard heating via electric

Description

Country Retreat on 15+ Acres Room to Grow! Welcome to your peaceful slice of country paradise! Situated on over 15 acres of mostly level hardwood bush with extensive road frontage, this property offers the perfect blend of privacy, potential, and practicality. With frontage that may offer severance possibilities, this is an ideal spot for those looking to invest in the future while enjoying the present. The cozy 2-bedroom home is a fantastic place to start your rural lifestyle. A bright, open-concept living area is warmed by a beautiful wood cook stove perfect for both ambiance and function. The well-designed kitchen is sure to please, offering ample space for cooking and gathering. Home needs a little love or would be a perfect place to stay while you build your new home. Three versatile outbuildings expand the possibilities: a large garage for your vehicles or workshop needs, a charming bunkie with extra storage at one end ideal for guests or a home office and a perfect little shed for chickens or hobby farming. Located on a quiet, year-round road with school bus service, you're only 5 minutes from the heart of Sprucedale and just around the corner from a major snowmobile trail. A truly special opportunity for outdoor lovers, homesteaders, or those just looking for a peaceful place to call home. Don't miss this country gem book your showing today!

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Property Summary

This rural residential located at 32 Old Rainy Lake Road, McMurrich/Monteith is currently for sale and has been available on SousaSells for 416 days. This property is listed at $299,900 with an estimated mortgage of $998* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 32 Old Rainy Lake Road, McMurrich/Monteith is in the Sprucedale neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Sprucedale, McMurrich/Monteith.

Great for Small Household / Couples
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • 700-1100 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 21, 2025
Sold price information is available to members only
Listed Date6/16/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeRural Residential
Architectural StyleBungalow
ConstructionAluminum Siding
BasementCrawl Space
Lot Size1183 × 320 Feet
CountyParry Sound
Annual Tax$1,251
Legal DescriptionConc 12, Part Lot 15, 42R5573 Part 1

Parking & Garage

Parking Total3.0
Parking Space3
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingWall Unit(s)

Features

Property Features

  • Wooded/Treed

Interior Features

  • Water Heater Owned
  • Storage

Security Features

  • None

Community Features

None listed

Frequently Asked Questions about 32 Old Rainy Lake Road, McMurrich/Monteith, ON

Q.What is the asking price for 32 Old Rainy Lake Road, McMurrich/Monteith, ON ?

The current listing price for 32 Old Rainy Lake Road, McMurrich/Monteith, ON in Sprucedale, McMurrich/Monteith is $299,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 1 bathroom across approximately 700-1100 sqft.

Q.What property type and architectural style is 32 Old Rainy Lake Road, McMurrich/Monteith, ON ?

32 Old Rainy Lake Road, McMurrich/Monteith, ON is a Rural Residential (Bungalow) featuring a Crawl Space basement.

Q.What key property features does 32 Old Rainy Lake Road, McMurrich/Monteith, ON offer?

Key property features include: Wooded/Treed.

Q.What interior features are included in this home?

Interior highlights include: Water Heater Owned, Storage.

Q.What security features are installed at 32 Old Rainy Lake Road, McMurrich/Monteith, ON ?

Security features include: None.

Q.Is parking available at this property?

Yes, this property offers parking space for 3.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via Wall Unit(s).

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32 Old Rainy Lake Road, McMurrich/Monteith, 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 32 Old Rainy Lake Road, McMurrich/Monteith, ON P0A 1Y0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Mortgage & Affordability Audit

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

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Interest Rate4.00%
Down Payment$89,970 (30.0%)
* Minimum Canadian down payment required for this price is $14,995.
Amortization Period30 Years
Estimated Monthly Payment$998Based on a loan of $209,930 over 30 years.
Purchase Price$299,900
Loan Amount$209,930
Provincial Land Transfer Tax:$2,974
Total Estimated Closing Taxes:$2,974

About Purchasing a Home in McMurrich/Monteith, ON

For a property listed at $299,900 in McMurrich/Monteith, the legal minimum down payment is $14,995 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 $2,974 for this transaction. As this listing is in McMurrich/Monteith (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,974.

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Sprucedale, McMurrich/Monteith Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Sprucedale, McMurrich/Monteith.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$354,900

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%

Best Schools in Sprucedale, McMurrich/Monteith

Elementary Schools

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Secondary Schools

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Sprucedale, McMurrich/Monteith Demographic Home information

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.