$699,000
Est. payment $3,095/moCalculate yours
688A Prevost Road, French River, ON P0M 2N0
French River, ON P0M 2N0
- 3 + 2 Beds
- 2 Baths
- 2 Garage
- 1,500 Sq Ft
Listing courtesy of eXp Realty MLS® X13168250
About this home
Turnkey 4 season waterfront home on beautiful Bear Lake! This true 5 bedroom, 2 bathroom home offers stunning views, year-round comfort, and proven income potential. Currently operating as a licensed Airbnb, the property generated $50,000+ in 2025 with significant untapped growth opportunities.Main level offers 3 bedrooms, spacious living space, and lake views. Lower level features 2 additional bedrooms and a large family room with hookup for a wood-fired stove (not currently in use). Upgrades include a new roof, new septic system, new property grading, and a Generac generator. Outdoors, enjoy a upgraded aluminum dock and floating dock, perfect for boating and relaxing. The 1,600 sq ft garage includes a finished area previously used as a storefront, ideal for a workshop, studio, or business.Located just minutes from Noelville with shops, dining, and services nearby. Don’t miss your chance to own this rare waterfront gem with income potential on one of the regions most desirable lakes. Showings scheduled around guest bookings.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Size
- 1,500 sqft
Interior
- Bedrooms
- 3 + 2
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- Finished
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- None
- Exterior
- Vinyl Siding, Brick
- Foundation
- Block
- Roof
- Metal
- Water
- Other
- Sewer
- Septic
Lot & Parking
- Lot Size
- 177.44 x 198.45 Feet
- Parking
- Detached garage · 8 total
Financial
- Property Taxes
- $3,407 (2025)
Location
- Cross Street
- hwy 535 and Prevost
- Direction Faces
- North
Listing
- MLS® Number
- X13168250
- Days on Market
- 146
- Listed On
- 2026-05-25
- Possession
- TBD
- Listed By
- eXp Realty
Rooms
Features
Interior
- Generator - Full
Pool
- None
- Included
- Existing Appliances: Fridge, Stove, Microwave, Dishwasher, Stand Up Freezer
- Excluded
- Downstairs: Leather Sectional, Wardrobe & Antique Dresser in Bedrooms
- Rental items
- None
Mortgage calculator
Estimated mortgage payment
$3,095 per month
- Principal and interest
- $3,095
- Property tax
- $284
- Condo fees
- $0
- Estimated monthly cost
- $3,379
Your mortgage
- Mortgage amount
- $559,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $369,306
Cash to close
- Down payment
- $139,800
- Land transfer tax
- $10,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $150,255
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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