$949,900
Parry Sound Remote Area
771 Limberlost Point Road, Parry Sound Remote Area (Restoule), Ontario, P0H2R0
This 5-bedroom, 4-bathroom home in Parry Sound Remote Area is for sale offering roughly 2,250 sq ft of space. Its $949,900 asking price sits right in line with the $949,900 median in Parry Sound Remote Area. It has been on the market 35 days, fresher than the Parry Sound Remote Area average of 104 days.
Exceptional waterfront, a heated garage and shop, and a separate apartment-discover outstanding value on beautiful Commanda Lake! Built in 2022, this year-round home combines quality construction with a fabulous hard-packed sandy shoreline, gradual water entry, and approximately 10 feet of water at the end of the floating dock. Whether you enjoy swimming, boating, or simply relaxing by the lake, this waterfront is the heart of the property. Offering five bedrooms and four bathrooms, including a self-contained one-bedroom apartment, the home provides plenty of space for family and guests, with potential rental income adding to its versatility. The open-concept main floor features warm wood finishes, generous living space, main-floor laundry, and a primary bedroom with an ensuite bath. Large windows frame beautiful lake views, while the expansive 40' x 10' deck is an inviting spot for outdoor dining and entertaining. The fully finished walkout lower level includes an impressive 40'6" x 12'4" family room with room for everyone to gather. For hobbyists and those needing space for vehicles, tools, and projects, the detached heated garage and separate heated, insulated shop are standout features. Both have hydro, and the shop includes engineered point-load pads designed to accommodate a future vehicle hoist, along with sealed-combustion heaters with fresh-air intakes. Additional features include GenerLink connection, Honeywell Wi-Fi thermostats with remote monitoring in all three buildings, R60 attic insulation, R24 wall insulation, an ICF home foundation and shop curb wall, and a hot tub installed in 2024 with a Lexan wind and snow screen. An under-deck metal roof and eavestrough system add further practicality. With its exceptional sandy waterfront, modern home, separate apartment, and impressive garage and shop, this Commanda Lake property delivers an outstanding combination of lifestyle, flexibility, and value. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 35 days on market, against an average age of 104 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 5-bed single family in Parry Sound Remote Area (Restoule) has been listed for 35 days, which is 69 days fresher than the city average of 104. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $949,900, about 11.9× the local median household income of $80,000.
Carrying it typically needs a household income of about $185,549 (20% down, 25-yr amortization, stress-tested) — roughly 132% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0H)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.