Welcome to this remarkable Bungalow detached located in the coveted neighborhood of South Algonquin. 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.
A rare offering on McKenzie Lake, the best kept secret of South Algonquin! This lake offers cottagers crystal clear water, fantastic boating and a view of uninterrupted Crown land. This family cottage sits on over an acre of level land in a park-like setting, with a beautiful mix of foliage. This partially winterized cottage features 4 bedrooms and a spacious bathroom. The open concept kitchen and living space means you'll never miss a moment, even when you're indoors. The perfect blend of rustic charm with family-friendly amenities including full laundry, a detached garage, storage galore, electric baseboard heating and a jacuzzi bath tub. The property was thoughtfully improved with a dining gazebo, fire pit, and even a zip line for the kids. Our favourite part? A lake side deck, perfect for sipping cocktails, playing board games and stargazing. This truly special cottage is being sold turnkey - get ready to start making memories! Updates include: kitchen with large island and new countertops (2023), new deck railings (2022), new paint & light fixtures throughout (2022) new exterior doors (2025), new shingles (2012). South McKenzie Lake Road is a private road that is maintained and plowed year round by the cottagers, including driveway.
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Lake/Pond, Waterfront, Wooded/Treed
Carpet Free, Primary Bedroom - Main Floor, Water Heater Owned
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 554A South McKenzie Lake Road, South Algonquin, ON K0L 2K0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in South Algonquin.
About Purchasing a Home in South Algonquin, ON
For a property listed at $649,000 in South Algonquin, 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 South Algonquin (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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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.