3274 Eagle Lake Road, Parry Sound Remote Area

$450,000
3274 Eagle Lake Road

$450,000

New
88d
DetachedBungalow

3274 Eagle Lake Road, Parry Sound Remote Area

Total Monthly Obligation $2,201

Beds
2
Baths
0
Park
8
Sqft
< 700
DOM
88d
Score
28
Yield
6.3%
Cash on Cash
5.3%
Cap Rate
5.7%
5Y IRR
19.8%
10Y IRR
18.1%
Property Type-Detached
MLS® Number-X13608402
Beds-2
Size-< 700 sqft
Lot Size-279.8 × 399.17 ft
Listed on site-Jul 27, 2026
Style-Bungalow
Building Type-Detached
Age-6-15
Taxes-$127 (2026)
Parking-8 - None
Basement-None
Heating-Other (Propane)
Brokerage-Coldwell Banker Thompson Real Estate
Cooling-None
Laundry-No
Fireplace-Wood Stove
Pool-None
Facing-North
Exterior-Board & Batten
Roof-Metal
Foundation-Piers
Sewer-None
Possession-Negotiable
Neighbourhood-Lount
Title-Residential Freehold

No agent assigned

Tucked away on three peaceful acres in unorganized Lount Township, this off-grid cabin offers the perfect balance of rustic charm and modern comfort. Whether you're looking for a hunting base or a quiet getaway surrounded by nature, this property delivers. The main cabin features two cozy 10'x10' bedrooms, a bright 20'x20' open living area, and an inviting 11'x20' covered deck ideal for morning coffee or evening barbecues. Power comes from three 240-watt solar panels feeding a battery bank, with an inverter switch conveniently located at the entrance and a plug-in for a generator if desired. The cabin is three-season, heated by a woodstove, and could easily be adapted for winter use with insulation and skirting underneath. The 12'x12' insulated bunkie adds extra space and comfort, complete with a propane wall furnace. The 110-volt propane fridge, 24-inch propane stove, and plenty of extras are included. The property also includes a Quonset hut (no floor), a tidy and well-kept privy, and a grey water system for the sink. Water is collected in rain barrels and supplied through an RV tap powered by battery. The grounds are beautifully maintained with natural rock outcroppings, perennial gardens, and a flagstone path leading to a fire pit area - perfect for relaxing under the stars. Both a riding and push mower are included to keep the lawns and landscaped areas looking their best. Taxes for 2025 were just $176.95, and the property abuts roughly 6,500 acres of crown land in Hunting Zone 47-an area known for its wildlife, moose population and tranquility. This retreat is ideal for anyone seeking simplicity and self-sufficiency in a beautiful natural setting. Whether you're drawn by the hunting opportunities, the peace of the forest, or the appeal of off-grid living, this cabin offers a rare chance to unplug and unwind in comfort.

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$
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%
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$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$360,000
Land Transfer Taxes$5,475
Legal Fees (Est.)
$
Total cash required for closing$96,975

Total Monthly Obligation

$2,201/mo
Mortgage $1,815
Monthly Loss $1,723
Principal$478
Interest$1,338
Property Tax$11
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.6%33
Cash-on-Cash
-1.1%6
5-Year IRR
14.8%70
10-Year IRR
14.4%
Returns Index
36.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
28/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$28,200/yr
NOI
$20,753/yr
Net Cash Flow
-$86/mo
Cash Margin
-3.6%2
Cash Flow Index
2.3/ 100
Risk Profile
Weight: 20%
DSCR
0.9523
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo74
Risk Index
38.6/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 3274 Eagle Lake Road

Time

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