51 Mckellar Lake Road, McKellar

$1,199,000
51 Mckellar Lake Road

$1,199,000

New
4d
DetachedOther

51 Mckellar Lake Road, McKellar

Total Monthly Obligation $5,530

HausQ Valuation Report
Beds
4
Baths
1
Park
5
Sqft
1500-2000
DOM
4d
Yield
2.7%
Cash on Cash
-11.2%
Cap Rate
2.2%
5Y IRR
6.8%
10Y IRR
7.8%
Property Type-Detached
MLS® Number-X14094014
Beds-4
Bathrooms-1
Size-1500-2000 sqft
Lot Size-460 × 460 ft
Listed on site-Oct 19, 2026
Style-Other
Building Type-Detached
Age-31-50
Taxes-$3,817 (2025)
Parking-7 - Detached
Basement-None
Heating-Forced Air (Propane)
Brokerage-RE/MAX TWIN CITY REALTY INC.
Cooling-None
Laundry-No
Fireplace-Wood Stove
Pool-None
Facing-East
Exterior-Wood
Roof-Shingles
Foundation-Concrete Block
Sewer-Septic
Possession-Flexible
Neighbourhood-McKellar
Title-Residential Freehold

No agent assigned

Location, location, location! Enjoy breathtaking lake views, spectacular sunsets, and the peace and serenity of this remarkable year-round retreat. Located on a quiet road with paved access and just a short drive to Parry Sound, this property offers the perfect blend of privacy and convenience. This beautiful 4-bedroom home/cottage features an open-concept main floor with a walkout to a screened in patio and deck overlooking the lake - the perfect place to relax and take in the views. The detached garage offers additional space with a finished loft, sitting area, and pool table for entertaining guests. Additional features include a Generac generator, paved driveway, and two new walkways leading to the docks. Whether you're looking for a year-round home or the ultimate cottage getaway, this is your opportunity to own a true piece of heaven. A truly special property that must be seen!

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

Closing Costs

Mortgage Amount
$959,200
Land Transfer Taxes$20,455
Legal Fees (Est.)
$
Total cash required for closing$261,755

Total Monthly Obligation

$5,530/mo
Mortgage $4,836
Monthly Loss $4,257
Principal$1,273
Interest$3,564
Property Tax$318
Home Insurance$125
Variable Costs$250

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

Assumptions & Inputs
$/mo
%
$
yr
%

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

Comparables

Properties near 51 Mckellar Lake Road

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.