$319,900
↓ $19,100 from $339,000
Est. payment $1,416/moCalculate yours
550 Shawanaga Lake, McDougall, ON P0A 1G0
McDougall, McDougall, ON P0A 1G0
- 2 Beds
- 1 Baths
Listing courtesy of ANCHOR REALTY MLS® X13692016
About this home
Your adventure begins with a 5 minute scenic ride to this remarkable 7-acre wilderness retreat on sought-after Shawanaga Lake. Boasting nearly 1,100 feet of shoreline, the property includes two cabins and a bunkie, offering an ideal setup for shared ownership. Purchase with family or friends and enjoy an affordable waterfront paradise this summer. There’s even a guest cabin and plenty of space to pitch tents, making it the ultimate spot for family gatherings and outdoor fun. Worried about access? No need a tin boat and motor are included, and there is convenient parking at the public boat launch on Beach Road in Whitestone. The property is solar-powered, and the main cabin is insulated for comfort, featuring a WETT-certified wood stove for cozy evenings. There are three docks along the shoreline, you’ll have ample space for swimming, boating, watersports, or simply relaxing by the lake. Explore woodland trails, unwind in nature, enjoy four-season adventure with the OFSC snowmobile trail crossing the lake during winter months. Contact the listing agent for more information of a possible vendor take-back mortgage that may be available for qualified buyers with a strong down payment. The vendor is a licensed realtor.
Property details
Overview
- Property Type
- Detached
- Style
- 1 1/2 Storey
- For
- For Sale
- Status
- Price Change
- Approximate Age
- 16-30
- Size
- < 700 sqft
Interior
- Bedrooms
- 2
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Radiant (Wood)
- Cooling
- None
- Exterior
- Board & Batten
- Foundation
- Piers
- Roof
- Metal
- Water
- Other
- Sewer
- None
Lot & Parking
- Lot Size
- 600 x 810.2 Feet
- Parking
- None garage
- Zoning
- WF2-LS water frontresidential
Financial
- Property Taxes
- $1,864 (2026)
Location
- Neighbourhood
- McDougall
- Cross Street
- Highway 124 /Lorimer lake rd
- Direction Faces
- North
Listing
- MLS® Number
- X13692016
- Days on Market
- 60
- Listed On
- 2026-08-19
- Possession
- flexible
- Listed By
- ANCHOR REALTY
Rooms
Features
Interior
- Guest Accommodations
Pool
- None
- Included
- All furniture on site, green boat and 10hp Honda motor, ATV and wagon
Mortgage calculator
Estimated mortgage payment
$1,416 per month
- Principal and interest
- $1,416
- Property tax
- $155
- Condo fees
- $0
- Estimated monthly cost
- $1,572
Your mortgage
- Mortgage amount
- $255,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $169,014
Cash to close
- Down payment
- $63,980
- Land transfer tax
- $3,274
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $67,254
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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