$995,000
Parry Sound Remote Area
169 ODD'S Drive, Parry Sound Remote Area (Restoule), Ontario, P0H2R0
This 4-bedroom, 2-bathroom home in Parry Sound Remote Area is for sale offering roughly 1,300 sq ft of space. It has been on the market 95 days, fresher than the Parry Sound Remote Area average of 103 days.
Welcome to this beautifully maintained year-round waterfront home on Restoule Lake, cherished by the same family for decades. Situated on over an acre of landscaped grounds, the property features mature trees, stunning rock outcroppings, a manicured lawn, and a gentle slope to approximately 200 ft of shoreline on the highly sought-after 14 km long Restoule Lake. Offering approximately 2,300 sq ft of finished living space, this home includes 4 bedrooms and 2 bathrooms. The main floor features a bright open-concept layout designed to capture lake views, with an eat-in kitchen, dining room (or office) with walkout, and a living room with walkout to the full-length elevated deck-perfect for entertaining or relaxing while enjoying the waterfront scenery. A woodstove adds warmth and charm for cozy winter evenings. Two bedrooms (one with walk-in closet), a 3-piece bath, and ample storage complete the main level. The finished walkout lower level offers a spacious family room, laundry area, office nook, two additional bedrooms, and a second 3-piece bathroom. A workshop/utility room with overhead door provides easy access for storage and recreational equipment. Additional features include a detached 32'3" x 24'3" insulated and heated garage/shop with 60-amp panel and a finished loft above with new flooring, ideal for guests or studio space. The home is serviced by 200-amp electrical, forced-air propane furnace (new 2026), central air, central vacuum, septic system, and lake water with UV system. Updated flooring and eavestroughs with gutter guards. High-speed internet and Bell Satellite available. Restoule Lake offers excellent swimming, boating, and fishing including Pike, Bass, Pickerel, Lake Trout, and world-class Muskie. Close to ATV and OFSC trails, Restoule Provincial Park, and acres of Crown land. Located on a quiet private road ($200/year maintenance) with friendly neighbours. Quick closing available. Excellent short-term rental opportunity. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 95 days on market, against an average age of 103 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 75 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 92.7 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 4-bed single family in Parry Sound Remote Area (Restoule) has been listed for 95 days, which is 8 days fresher than the city average of 103. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $995,000, about 12.4× the local median household income of $80,000.
Carrying it typically needs a household income of about $194,358 (20% down, 25-yr amortization, stress-tested) — roughly 143% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0H)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.