1293 Causeway Drive, Algonquin Highlands

$399,000
1293 Causeway Drive

$399,000

New
87d
DetachedBungalow

1293 Causeway Drive, Algonquin Highlands

Total Monthly Obligation $2,130

Beds
3
Baths
1
Park
3
Sqft
< 700
DOM
87d
Yield
9.2%
Cash on Cash
16.4%
Cap Rate
8.1%
5Y IRR
28.9%
10Y IRR
26.0%
Property Type-Detached
MLS® Number-X13614840
Beds-3
Bathrooms-1
Size-< 700 sqft
Lot Size-60 × 167 ft
Listed on site-Jul 28, 2026
Style-Bungalow
Building Type-Detached
Taxes-$1,747 (2025)
Parking-3 - None
Basement-None
Heating-Baseboard (Wood)
Brokerage-Forest Hill Real Estate Inc.
Cooling-None
Laundry-No
Fireplace-Wood Stove
Pool-None
Facing-North
Exterior-Wood
Roof-Metal
Foundation-Concrete Block, Piers
Sewer-Other
Possession-Flexible
Neighbourhood-McClintock
Title-Residential Freehold

No agent assigned

Algonquin-Esque Haven on Otter Lake - Ultimate Rustic Charm & Granite Shoreline! Escape to this enchanting, circa-1960s rustic (uninsulated) cabin on highly sought-after Otter Lake. Framed by towering mature white pines and smooth granite rock shores, this property perfectly captures the timeless spirit of cottage country. Inside, the open-concept design instantly embraces you with exposed wooden beams, old pine floors, and a cozy wood stove. Lake water to the kitchen sink. 3 small bedrooms. No indoor bathroom, at present, although there is an old-style privy. Outdoor shower with hot/cold water (needs to be reconnected), but it has with an approved, recently installed leaching pit. Oversized windows frame astounding nature views, while a walkout leads to a sprawling sundeck with unparalleled lake vistas. Enjoy a gradual wade-in shoreline that transitions to deep water, complete with an excellent floating dock for your boat. Swim or picnic on the Crown-owned island just offshore, explore endless nearby trails, and experience world-class fishing on the lake famously loved by author E.B. White. 3-season, graveled private road. Shared driveway with westerly neighbour. Instal your own driveway and a septic system for around $30,000. Located just minutes from the charming town of Dorset and an easy 2.5-hour drive from Toronto, this family-vibe retreat is ready for your next generation of memories.

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Closing Costs

Mortgage Amount
$319,200
Land Transfer Taxes$4,460
Legal Fees (Est.)
$
Total cash required for closing$85,760

Total Monthly Obligation

$2,130/mo
Mortgage $1,609
Monthly Loss $1,707
Principal$424
Interest$1,186
Property Tax$146
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 1293 Causeway Drive

Time

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