985 Katrine Road
Armour, ON
- 4 bed
- 1 bath
- approx. 700-1100 sqft
- Detached
Over 120' feet of Eastern exposure on highly sought-after Magnetawan River, a 4 bedroom chalet comes fully furnished, eagerly anticipating its' next chapter. Less than 3 kms off of Highway 11 on a paved road, this 4 season cottage is easy to access and can be enjoyed year round, thanks to an upgraded propane furnace installed in 2023. Just a 3 minute drive into the village of Burks Falls to stock up at the grocery store or LCBO, and direct access from the river into Doe Lake for miles of serene, scenic boating. You can sip and savour your morning coffee on your private dock, and spend a lazy afternoon in the paddle boat enjoying the best of what this riverfront retreat has to offer. Wind-down for a quintessential summer evening with dinner on the deck followed by marshmallows and music around a campfire. With low property taxes and a workshop for all the tools and toys, this property could be a great investment for short-term rentals - or you could call it 'home' if you want to wake up everyday to your very own private, park-like paradise. Just bring the boat!
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $1,710
- Originally Listed
- $585,000
- Listed
- May 8, 2026
Price History
Property
- Style
- Chalet
- Age
- 51-99
- Construction
- Aluminum Siding
- Roof
- Metal
- Foundation
- Block
- Interior
- Propane Tank, Water Heater Owned, Water Purifier
- Lot Size
- 135 x 200.9 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 5
Utilities
- Water
- Drilled Well
- Sewer
- Septic
- Heat Source
- Propane
Location & Legal
- Cross Street
- 520/Ferguson Road and Katrine Road
- Zoning
- Rural Residential, Flood Plain
- Parcel Number
- 521430075
- Possession
- Immediate
- Occupancy
- Vacant
Included
- Inclusions
- Furniture, paddle boat, AC unit in sunroom
- Exclusions
- Kayaks, white Muskoka chairs, sauna, Snapper riding mower, garage items, tent trailer, cooler and lounge chair, Weber BBQ, toaster oven, cutlery, dishes, small appliances, 4 red lantern lights, cuckoo clock, glass desk, 2 glass end tables, upstairs AC unit, desk and chair in upstairs bedroom
- Rental Items
- Propane Tank
Waterfront
- Water Body
- Magnetawan River
- Shoreline
- Unknown
- Docking
- Private
Schools
Elementary
- Land of Lakes Elementary School3.5 km
Public · Near North DSB · 320 students
Grade 3 reading: 75% met the provincial standard · Grade 6 math: 35% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area P0A
- Population
- 17,822
- Private dwellings
- 14,748
- Median age
- 56.8
- Average household size
- 2.2
- Median household income
- $68,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Armour · last 12 months
- Median sold price
- $545,000
- Homes sold
- 36
- Median days on market
- 42
- Sale-to-list price
- 92.7%
Based on 36 recorded sales of residential freehold properties in Armour over the last 12 months.
Rooms
4-piece on Main
Second
- Bedroom 27'6" x 15'3"
- Primary Bedroom10'10" x 15'3"
Main
- Bathroom7'2" x 11'2"
- Dining Room11'4" x 8'11"
- Kitchen11'10" x 11'11"
- Living Room15'9" x 14'5"
- Sunroom9'1" x 17'7"
Basement
- Bedroom 37'5" x 9'8"
- Bedroom 410'10" x 12'4"
- Other22'3" x 12'2"
Listed by
Royal LePage Lakes Of Muskoka Realty
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$114,000
Estimated Monthly Payment
$2,800
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,800/mo (20% down, 5.5%)
Taxes: $143/mo · Insurance: $143/mo
Estimates only. Consult a financial advisor.
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