194 South Road, Hastings Highlands

$2,399,000
194 South Road

$2,399,000

New
3d
DetachedBungalow-Raised

194 South Road, Hastings Highlands

Total Monthly Obligation $10,552

Beds
3
Baths
4
Park
20
Sqft
1100-1500
DOM
3d
Property Type-Detached
MLS® Number-X14096998
Beds-3
Bathrooms-4
Size-1100-1500 sqft
Lot Size-500 × 311.99 ft
Listed on site-Oct 20, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-31-50
Taxes-$6,004.73 (2026)
Parking-21 - Detached
Basement-Finished with Walk-Out, Finished
Heating-Other (Propane)
Brokerage-EXP REALTY
Cooling-None
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Septic
Possession-Flexible
Neighbourhood-McClure Ward
Title-Residential Freehold

No agent assigned

Five waterfront cottages, 500 feet of sandy shoreline and a year-round home on Lake St. Peter, with the redevelopment already underway and waiting for the right buyer to finish it. Set on 1.935 acres in Hastings Highlands, this is a property for someone who can see what it will become. All five cottages sit along the water, and the work has been started for you: exterior sheathing and windows are in, and the interiors are open to the studs with insulation and rough-ins underway, so you can finish each one to your own layout and standard. Picture a family compound where everyone has their own cottage on the lake, a multi-generational retreat, or a long term waterfront investment you build out at your own pace. The shoreline is the centrepiece, with a sandy, family friendly beach and a private dock that make this a natural gathering spot for swimming, paddling and fishing. While the cottages come together, the main home gives you a comfortable base: a year-round raised bungalow with 3 bedrooms and 4 bathrooms, a primary bedroom with a 3 piece ensuite and walk-in closet, a deck overlooking the grounds and the water, and a finished walkout lower level with a large recreation room. A detached garage, a separate workshop and parking for up to 20 vehicles leave plenty of room for trades, materials and equipment. The location is a big part of the appeal. Just off Highway 127, you are minutes from the village of Maynooth and a short drive to Algonquin Park's East Gate and the shops and services of Bancroft, with four-season recreation all around you, from hiking and fall colours to winter on the lake. A rare chance to finish what has been started on a sandy stretch of Lake St. Peter.

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Closing Costs

Mortgage Amount
$1,919,200
Land Transfer Taxes$46,450
Legal Fees (Est.)
$
Total cash required for closing$527,750

Total Monthly Obligation

$10,552/mo
Mortgage $9,677
Monthly Loss $8,006
Principal$2,546
Interest$7,130
Property Tax$500
Home Insurance$125
Variable Costs$250

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

Comparables

Properties near 194 South Road

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