$1,490,000
Est. payment $6,597/moCalculate yours
370 Fraser Lake, Carlow/Mayo, ON K0L 1C0
Carlow Ward, Carlow/Mayo, ON K0L 1C0
- 5 Beds
- 3 Baths
- 7 Garage
- 1,500 Sq Ft
Listing courtesy of RE/MAX ABOUTOWNE REALTY CORP. MLS® X13585030
About this home
TWO PARCELS 5 Acre Island and Waterfront Road Access Lot on Fraser Lake Road ***Private Island Retreat on Fraser Lake - A Rare Piece of History. Escape to your own private world on this exceptional five-acre island on Fraser Lake, just minutes from Bancroft, Ontario. This is a rare opportunity to own an island with incredible history and complete seclusion, featuring three separate cabins and a mainland lot for parking and docking. Originally owned and built by the Welsh family-giving the island its original name, “Welsh Island”-this property has had only two owners since being purchased from the Crown in the early 1950s . The current seller, the third owner, is passing on a truly special legacy.A Legacy of Rare Heritage & Modern Upgrades: Imagine having your own island with over 2,200 feet of shoreline. The property’s boundary is clearly defined, starting 50 feet from the high water mark around the entire island. A brand-new hydro sub-cable was installed in 2023 , ensuring modern convenience in this otherwise untouched natural setting. The Property Features Three Distinct Cabins: Cabin 1: A charming 1-bedroom, 1-bathroom cabin. Cabin 2: A larger 2-bedroom cabin. Cabin 3: An additional 2-bedroom, 1-bathroom cabin.The Island Life: This is more than just a property; it’s a lifestyle. Enjoy unparalleled privacy and stunning views on the renowned Fraser Lake, known for its excellent fishing . The island is located in a region prized for its natural beauty and tranquility . The mainland lot provides hassle-free parking and docking .
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Size
- 1,500 sqft
Interior
- Bedrooms
- 5
- Bathrooms
- 3
- Kitchens
- 3
- Basement
- Crawl Space
Building & Systems
- Heating
- Baseboard (Wood)
- Cooling
- Window Unit(s)
- Exterior
- Wood
- Foundation
- Concrete Block
- Roof
- Metal
- Water
- Well
- Sewer
- Septic
Lot & Parking
- Lot Size
- 105.41 x 133.45 Feet
- Parking
- None garage · 7 total
Financial
- Property Taxes
- $6,014 (2026)
Location
- Neighbourhood
- Carlow Ward
- Cross Street
- Boulter Rd. & Hwy. 28
- Direction Faces
- West
Listing
- MLS® Number
- X13585030
- Days on Market
- 90
- Listed On
- 2026-07-20
- Listed By
- RE/MAX ABOUTOWNE REALTY CORP.
Features
Interior
- Carpet Free
- Water Heater Owned
Property
- Clear View
- Island
- Waterfront
- Wooded/Treed
Pool
- None
- Excluded
- Personal Items
Mortgage calculator
Estimated mortgage payment
$6,597 per month
- Principal and interest
- $6,597
- Property tax
- $501
- Condo fees
- $0
- Estimated monthly cost
- $7,099
Your mortgage
- Mortgage amount
- $1,192,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $787,219
Cash to close
- Down payment
- $298,000
- Land transfer tax
- $26,275
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $324,275
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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