22 Frank Lane, Perry, ON

$849,900
MLS#:X12908980
2 beds
1 baths
1500-2000 sqft
10.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey rural residential located in the coveted neighborhood of Perry. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $849,900 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 1500-2000 sqft on a premium 779 x 900 ft lot
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available
  • Notable attributes: Bar Fridge, Propane Tank, Separate Hydro Meter
  • Efficient baseboard heating via wood

Description

7 Acre Retreat on Bay Lake. 22 Frank Lane on Bay Lake is a 7 Acre year round cottage/home. Set back off the municipal road for ultimate privacy. The irregular shape of the property is 779 ft wide by 900ft deep with a mature stand of hardwood forest. From the spacious deck (32x10) you have an amazing view of beautiful Bay Lake with some spectacular sunsets, plus a great entertaining space for guests and dining. Secure steps down to 249ft of waterfront with a private dock and a fishing boat and motor (included). Waterfront activities include fishing, swimming, water sports and boating. Winter wonderland activities include snowmobiling (right along the groomed trail), snowshoeing, cross country skiing etc. The 2 bedroom, 1 bath house/cottage has lots of room for the whole family. It is fully winterized with forced air propane furnace plus a wood stove makes it a very cozy space to curl up with a good book. Walkout basement with laundry and workshop with generator just outside. 2 outbuildings both with hydro/wood stove and bedroom furniture plus seating, just perfect for additional guests, plus a storage shed to store all your toys and equipment. This cottage has it all! Just come and enjoy. A must see!

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusPrice Change
Listed Date3/23/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeRural Residential
Architectural Style2-Storey
ConstructionVinyl Siding
BasementUnfinished
Lot Size779 × 900 Feet
CountyParry Sound
Annual Tax$3,145
Legal DescriptionPCL 17218 SEC SS; BLK A PL M287 EXCEPTING AN ALLOWANCE OF ONE CHAIN IN PERPENDICULAR WIDTH ON THE SHORE OF BAY LAKE; PERRY

Parking & Garage

Parking Spaces10.0
Garage Spaces10
Garage TypeNone

Heating & Cooling

Heat SourceWood
Heat TypeBaseboard
CoolingNone

Features

Property Features

Clear View, Lake Access, Sloping, Waterfront, Wooded/Treed

Interior Features

Bar Fridge, Propane Tank, Separate Hydro Meter, Storage, Upgraded Insulation, Workbench, Water Heater

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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22 Frank Lane, Perry, 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 22 Frank Lane, Perry, ON P0A 1J0

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 Perry.

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Interest Rate5.25%
Down Payment$59,990 (7.1%)
* Minimum Canadian down payment required for this price is $59,990.
Amortization Period25 Years
Estimated Monthly Payment$4,707Based on a loan of $789,910 over 25 years.
Purchase Price$849,900
Loan Amount$789,910
Provincial Land Transfer Tax:$13,473
Total Estimated Closing Taxes:$13,473

About Purchasing a Home in Perry, ON

For a property listed at $849,900 in Perry, the legal minimum down payment is $59,990 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 $13,473 for this transaction. As this listing is in Perry (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $13,473.

Nearby Listings

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$711,450

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.