Gurvinder Nokwal REALTOR®
For Sale Detached 87 days on market

$449,000 ↓ $30,000 from $479,000

Est. payment $1,988/moCalculate yours

268 Loch Erne Road, McDougall, ON P2A 2W7

McDougall, McDougall, ON P2A 2W7

  • 3 Beds
  • 1 Baths
  • 1 Garage
  • 700 Sq Ft

Listing courtesy of Royal LePage Team Advantage Realty MLS® X13597058

About this home

A proven income property with the kind of rural setting tenants and future owners can appreciate. Located just across the road from Vowels Lake and within easy reach of Parry Sound, this 3-bedroom, 1-bathroom home sits on 8.3 acres and has been a consistent rental property for the past 10 years. The home is currently rented for a one-year term beginning November 1, 2026, creating an opportunity for an investor looking to add an established property to their portfolio and begin earning income from day one. Surrounded by trees and set along a year-round municipally maintained road, the property offers privacy without giving up reliable four-season access. Inside, a wood stove adds warmth and character, while an attached garage, drilled well and septic system provide the practical features needed for comfortable country living. With approximately 8.3 acres to explore and Vowels Lake just across the road, the setting offers plenty of appeal beyond the numbers. Whether held as a long-term investment or considered for personal use in the future, this is a straightforward opportunity to own a versatile Northern Ontario property close to Parry Sound, with an established rental history and room to enjoy the outdoors.

Property details

Overview

Property Type
Detached
Style
Bungalow
For
For Sale
Status
Price Change
Size
700 sqft

Interior

Bedrooms
3
Bathrooms
1
Kitchens
1
Basement
None

Building & Systems

Heating
Baseboard (Electric)
Cooling
None
Exterior
Vinyl Siding
Foundation
Concrete Block
Roof
Metal
Water
Well
Sewer
Septic

Lot & Parking

Lot Size
332.4 x 1175.67 Feet
Parking
Attached garage · 5 total
Zoning
RR

Financial

Property Taxes
$1,850 (2026)

Location

Neighbourhood
McDougall
Cross Street
Lorimer Lake Road
Direction Faces
North

Listing

MLS® Number
X13597058
Days on Market
87
Listed On
2026-07-23
Possession
Negotiable
Listed By
Royal LePage Team Advantage Realty

Rooms

Room Level Dimensions
Laundry Main 10′ 8″ × 7′ 3″
Bedroom 3 Main 9′ 7″ × 7′ 10″
Primary Bedroom Main 11′ 2″ × 9′ 1″
Dining Room Main 13′ 7″ × 11′ 9″
Bathroom Main 9′ 7″ × 5′ 0″
Kitchen Main 9′ 11″ × 8′ 6″
Bedroom Main 9′ 5″ × 9′ 1″
Living Room Main 13′ 7″ × 10′ 4″
Other Main 15′ 3″ × 21′ 7″

Features

Interior

  • Carpet Free
  • Generator - Partial
  • Primary Bedroom - Main Floor
  • Separate Heating Controls
  • Upgraded Insulation
  • Water Heater Owned
  • Workbench

Property

  • Golf
  • Hospital
  • Lake Access
  • Wooded/Treed

Pool

  • None
Included
Fridge, stove, washer, dryer, range hood, kitchen table, kitchen chairs, sofa, arm chairs, end tables, satellite dish, ceiling fans
Excluded
Personal belongings
Rental items
None

Mortgage calculator

Minimum for this price: $22,450 (5%)

Amortization, years

Estimated mortgage payment

$1,988 per month

Principal and interest
$1,988
Property tax
$154
Estimated monthly cost
$2,142

Your mortgage

Mortgage amount
$359,200
Mortgage insurance
Not needed
Interest over 25 years
$237,222

Cash to close

Down payment
$89,800
Land transfer tax
$5,455
Total, before legal fees
$95,255
Talk to me about financing

Estimates 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

268 Loch Erne Road, McDougall, ON P2A 2W7 McDougall, McDougall, ON P2A 2W7
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$449,000 268 Loch Erne Road, McDougall, ON P2A 2W7
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