

Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$649,900
Lake of Bays
1071 Dotty Lake Road, Lake of Bays (Finlayson), Ontario, P0A1H0
This 2-bedroom home in Lake of Bays is for sale offering roughly 350 sq ft of space. Listed at $649,900, it is attractively priced about 35% below the $999,900 median asking price in Lake of Bays. It has been on the market 56 days, fresher than the Lake of Bays average of 194 days.
Very desirable property on unpopulated Dotty Lake, giving you a true sense of Algonquin with loads of privacy and mature trees. The 310 feet of waterfront is level, fully treed and only 6 ft above the water. Most of the shoreline offers a natural golden sand bottom and small beach. The setting is super private while you enjoy year round sunsets and there is roughly 500 ft of Crown waterfront beside you and at the back of the property as well. Super location being within 25 min to Huntsville, Paved road is only 900 feet away and 4-5 bar cell reception. There is an original habitable cabin (16x20') built in the 1950's which can offer shelter and a future footprint for your future build!! There are 5 other cottages on this private road ending at this property. The hydro lines are on crown land and close to the back property line. This is the first time since this property was purchased from the crown in 1952 that it has come up for sale. Don't miss this opportunity to become the 2nd owner of this very desirable Algonquin setting with Crown land, lakes, and trails all around you. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 56 days on market, against an average age of 194 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 61 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 93.0 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 2-bed single family in Lake of Bays (Finlayson) has been listed for 56 days, which is 138 days fresher than the city average of 194. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $649,900, about 9.6× the local median household income of $68,000.
Carrying it typically needs a household income of about $126,948 (20% down, 25-yr amortization, stress-tested) — roughly 87% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0A)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice