Gurvinder Nokwal REALTOR®
For Sale Detached 89 days on market

$2,890,000

Est. payment $12,796/moCalculate yours

551 & 565 Cooney Island Road, Douro-Dummer, ON K0L 2H0

Douro-Dummer, Douro-Dummer, ON K0L 2H0

  • 6 Beds
  • 5 Baths
  • 1 Garage
  • 2,500 Sq Ft

Listing courtesy of Royal Lepage Proalliance Realty MLS® X13589276

About this home

[Click Floor Plan + Brochure Icon for More Photos]. An extraordinary opportunity to own approximately 23 riverside acres with not one, but TWO homes, offering endless opportunities for multi-generational living, income potential, or your own private retreat. Set along the beautiful Indian River in Douro-Dummer, this one-of-a-kind property is rich in recreation, history, and natural beauty. Enjoy extensive river frontage with deeded access to shoreline inclusive to the bridge at 2nd Line, as well as land underwater, allowing you to fish, kayak, canoe, tube, paddleboard, or relax and take in all the peaceful surroundings. The property features two separate residences, each with its own unique appeal. 551 Cooney Island Rd is a riverside two-storey home with a covered veranda, offering 2 bedrooms, 3 bathrooms, and overlooking the water. Meanwhile, 565 Cooney Island Rd is a charming A-frame with 4 bedrooms, 2 bathrooms, soaring open-beam ceilings, and a deck overlooking the river. Ideal for extended family, guests, or short-term rental opportunities. Beyond the two homes, the property also features an insulated chicken coop, a heated workshop with an office and an additional bedroom overlooking the rapids, a stone wood-fired outdoor oven with an outdoor kitchen, a detached bunkie, and an impressive event hall/covered bridge extending over the river. These additional buildings further enhance this remarkable property. The property’s historic dam and covered bridge also present the potential for future hydroelectric generation with the appropriate turbine system. The original sawmill equipment and infrastructure remains. Modern conveniences include wells & septic systems, high-speed internet, and year-round municipal road access. Whether your vision is a family estate, recreational retreat, investment opportunity, or simply a place to enjoy nature, this remarkable property offers possibilities that are as expansive as the landscape itself.

Property details

Overview

Property Type
Detached
Style
2-Storey
For
For Sale
Status
New
Approximate Age
51-99
Size
2,500 sqft

Interior

Bedrooms
6
Bathrooms
5
Kitchens
2
Basement
Finished with Walk-Out, Full

Building & Systems

Heating
Baseboard (Electric)
Cooling
Wall Unit(s)
Exterior
Stucco (Plaster)
Foundation
Block, Slab
Roof
Asphalt Shingle
Water
Well
Sewer
Septic

Lot & Parking

Lot Size
10-24.99 acres
Parking
Detached garage · 31 total

Financial

Property Taxes
$3,716 (2025)

Location

Neighbourhood
Douro-Dummer
Cross Street
Douro Second Line & Cooney Island Rd
Direction Faces
North

Listing

MLS® Number
X13589276
Days on Market
89
Listed On
2026-07-21
Possession
Flexible
Listed By
Royal Lepage Proalliance Realty

Rooms

Room Level Dimensions
- Main 21′ 8″ × 6′ 4″
Primary Bedroom Second 10′ 7″ × 11′ 5″
Kitchen Main 13′ 0″ × 19′ 6″
Recreation Basement 20′ 1″ × 29′ 8″
Bedroom Main 9′ 7″ × 10′ 4″
Living Room Main 16′ 3″ × 14′ 11″
Kitchen Main 8′ 9″ × 10′ 10″
Bathroom Second 6′ 4″ × 7′ 5″
Bedroom Second 10′ 8″ × 11′ 3″
Bathroom Basement 8′ 0″ × 9′ 9″
Bathroom Second 4′ 9″ × 7′ 0″
Bathroom Main 8′ 0″ × 10′ 2″
Bathroom Second 11′ 6″ × 11′ 3″
Bedroom Second 6′ 4″ × 10′ 8″
Bedroom Second 13′ 11″ × 17′ 7″
Living Room Main 7′ 10″ × 12′ 10″
Dining Room Main 7′ 6″ × 7′ 0″

Features

Interior

  • Guest Accommodations
  • Water Heater Owned

Property

  • Beach
  • Lake/Pond
  • Park
  • Rec./Commun.Centre
  • River/Stream
  • Waterfront

Pool

  • None
Included
Refrigerator x2, Stove x2, Dishwasher x2, Washer x2, Dryer x2, Window Coverings, Electric Light Fixtures
Rental items
N/A

Mortgage calculator

Minimum for this price: $578,000 (20%)

Amortization, years

Estimated mortgage payment

$12,796 per month

Principal and interest
$12,796
Property tax
$310
Estimated monthly cost
$13,106

Your mortgage

Mortgage amount
$2,312,000
Mortgage insurance
Not needed
Interest over 25 years
$1,526,888

Cash to close

Down payment
$578,000
Land transfer tax
$58,725
Total, before legal fees
$636,725
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

551 & 565 Cooney Island Road, Douro-Dummer, ON K0L 2H0 Douro-Dummer, Douro-Dummer, ON K0L 2H0
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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).

$2,890,000 551 & 565 Cooney Island Road, Douro-Dummer, ON K0L 2H0
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