$649,999
↓ $100,001 from $750,000
Est. payment $2,878/moCalculate yours
581 Limberlost Point Road, Parry Sound Remote Area, ON P0H 2R0
Restoule, Parry Sound Remote Area, ON P0H 2R0
- 3 Beds
- 1 Baths
- 1,100 Sq Ft
Listing courtesy of Re/Max Crown Realty (1989) Inc. MLS® X13410090
About this home
Nestled in a park-like setting with beautiful mature trees on over 2 acres with 177 feet of clean waterfront, this charming 4-season cottage offers a wonderful opportunity to enjoy a waterfront lifestyle with exceptional privacy and a peaceful natural backdrop. Located in an Unorganized Township, you’ll enjoy the benefits of lower property taxes and fewer development restrictions. The cottage features 3 bedrooms, 1 bathroom, and a welcoming living area highlighted by a vaulted ceiling and a cozy Napoleon wood-burning fireplace insert and beautiful lake views. The spacious living room is the perfect gathering place for family and friends, while the generous eat-in kitchen offers plenty of room for entertaining, complete with a centre island and updated appliance package. One of the property’s standout features is the stunning 48′ x 12′ waterfront deck stretching across the entire front of the cottage. Accessible from the living room, dining area, and primary bedroom, it’s the perfect place to enjoy morning coffee. A second 30′ x 16′ rear deck provides additional outdoor living space for relaxing and entertaining. Recent improvements include: New heat pump and furnace, New hot water tank, New pressure tank, Updated patio doors, New waterfront dock system featuring an 8′ x 40′ dock plus an 8′ x 8′ swim platform, Upgraded driveway with fresh gravel and a convenient circular drive. This property also has a proven history as a successful short-term rental, making it an attractive investment opportunity being sold furnished including: Pontoon Boat w/Motor & Trailer, Kayaks, Stand-Up Paddle Board and Paddle boat. Whether you’re looking for a family retreat, a year-round getaway, or a waterfront property where you can continue to add value over time, this cottage offers a rare combination of space, privacy, and potential.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- Price Change
- Size
- 1,100 sqft
Interior
- Bedrooms
- 3
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- Crawl Space
Building & Systems
- Heating
- Heat Pump (Electric)
- Cooling
- Central Air
- Exterior
- Vinyl Siding
- Foundation
- Block, Wood Frame
- Roof
- Asphalt Shingle
- Water
- Well
- Sewer
- Septic
Lot & Parking
- Lot Size
- 177.92 x 450 Feet
- Parking
- None garage · 8 total
- Zoning
- Unorganized
Financial
- Property Taxes
- $1,250 (2026)
Location
- Neighbourhood
- Restoule
- Cross Street
- Limberlost Point Rd & Reeves Dr
- Direction Faces
- North
Listing
- MLS® Number
- X13410090
- Days on Market
- 135
- Listed On
- 2026-06-05
- Possession
- flexible
- Listed By
- Re/Max Crown Realty (1989) Inc.
Rooms
Features
Interior
- Central Vacuum
- Carpet Free
- Primary Bedroom - Main Floor
- Water Heater Owned
Pool
- None
- Included
- Refrigerator, Stove, Dishwasher, Washer, Dryer, Furniture, Docking, Pontoon boat w/Motor & Trailer, Stand-Up Paddle Board, Kayaks & Paddle Boat.
- Excluded
- Personal items
Mortgage calculator
Estimated mortgage payment
$2,878 per month
- Principal and interest
- $2,878
- Property tax
- $104
- Condo fees
- $0
- Estimated monthly cost
- $2,982
Your mortgage
- Mortgage amount
- $519,999
- Mortgage insurance
- Not needed
- Interest over 25 years
- $343,417
Cash to close
- Down payment
- $130,000
- Land transfer tax
- $9,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $139,475
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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