3491A Axe Lake Road, McMurrich/Monteith

$865,000
3491A Axe Lake Road

$865,000

New
72d
DetachedLog

3491A Axe Lake Road, McMurrich/Monteith

Total Monthly Obligation $4,192

Beds
3
Baths
1
Park
6
Sqft
1500-2000
DOM
72d
Yield
3.5%
Cash on Cash
-8.6%
Cap Rate
2.7%
5Y IRR
8.8%
10Y IRR
9.3%
Property Type-Detached
MLS® Number-X13666080
Beds-3
Bathrooms-1
Size-1500-2000 sqft
Lot Size-110 × 255.34 ft
Listed on site-Aug 12, 2026
Style-Log
Building Type-Detached
Age-51-99
Taxes-$3,932 (2025)
Parking-9 - Detached
Basement-None
Heating-Forced Air (Propane)
Brokerage-Sotheby's International Realty Canada
Cooling-None
Laundry-No
Fireplace-Family Room, Wood, Living Room
Pool-None
Facing-North
Exterior-Log, Wood
Roof-Metal
Foundation-Piers, Poured Concrete
Sewer-Septic
Possession-Flexible
Neighbourhood-Monteith
Title-Residential Freehold

No agent assigned

Experience peaceful lakeside living on the south-facing shores of Meadow Lake, also known as Meads Lake.This year-round off-grid log home sits on approximately 110 feet of beautiful waterfront and offers exceptional privacy, with Crown land bordering the property to the west. Located within a friendly lake community known for its calm waters and relaxed atmosphere, Meadow Lake provides a quiet setting away from the noise and heavy traffic often found on larger lakes.Owned and enjoyed by the same family since 1954 and used as a full-time residence for the past six years, the property blends classic cottage charm with thoughtful updates for comfortable year-round living. Inside, the home features a spacious open-concept layout with ample room for gathering and entertaining.The main living areas are oriented toward the water, filling the space with natural light and showcasing scenic lake views.French garden doors open to a bright three-season sunroom, creating a welcoming place to relax and enjoy the peaceful surroundings. From there, step out onto the lakeside deck-perfect for summer barbecues, entertaining friends, or simply taking in the tranquil waterfront setting.After a day on the lake or exploring nearby trails, unwind in the private sauna or soak in the lakeside hot tub.A standout feature of the property is the impressive three-car garage with loft space, offering excellent storage and versatile workspace. A separate finished room, currently used as a home gym, could easily serve as a home office, studio, or games room.Despite its private setting, the property is just 15 minutes from the village of Sprucedale for groceries, fuel, LCBO, and local essentials. Huntsville and Parry Sound are both about one hour away for shopping, dining, and amenities. Outdoor enthusiasts will appreciate nearby access to the Seguin Trail in Bear Lake for ATV riding in summer and snowmobiling in winter.Discover the perfect balance of privacy, nature, and year-round lakeside living.

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Closing Costs

Mortgage Amount
$692,000
Land Transfer Taxes$13,775
Legal Fees (Est.)
$
Total cash required for closing$188,275

Total Monthly Obligation

$4,192/mo
Mortgage $3,489
Monthly Loss $3,274
Principal$918
Interest$2,571
Property Tax$328
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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

Comparables

Properties near 3491A Axe Lake Road

Time

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