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16431 Hwy 35

16431 Hwy 35

Algonquin Highlands, ON

  • 4 bed
  • 2 bath
  • approx. 1500-2000 sqft
  • Detached
$999,000Price reduced 9%

**Exceptional Waterfront & Commercial Opportunity on Boshkung Lake!** Own a truly unique property on one of Southern Ontario's most desirable lake chains. Offering approximately 120 feet of combined waterfront frontage and prime C1 commercial zoning, this rare property combines waterfront living with outstanding investment potential. Enjoy breathtaking southwest exposure, panoramic lake views, excellent boating, fishing, swimming, and a sandy shoreline on beautiful Boshkung Lake, part of a scenic three-lake waterway. Conveniently located with direct access from Highway 35, the property offers exceptional visibility and a large level parking area. Known locally as the former Foster's General Store, the property features a 1,798 sq. ft. year-round home or cottage, the original store building ready for restoration or redevelopment, plus two additional outbuildings. Whether you're looking to renovate, build your dream waterfront retreat, or explore future commercial opportunities, the possibilities are endless. Large waterfront parcels with commercial zoning and prime highway exposure rarely come to market. A truly one-of-a-kind opportunity to live, work, and invest in one exceptional property.

Listing Details

Taxes (2025)
$3,364
Originally Listed
$1,099,000
Listed
August 4, 2026

Price History

Property

Style
Bungalow
Age
31-50
Construction
Aluminum Siding
Roof
Metal
Foundation
Block
Interior
Water Heater
Lot Size
77.96 x 1.52 Feet

Parking

Garage
Other
Covered Spaces
0
Total Parking
10

Utilities

Water
Lake/River
Sewer
Septic
Heat Source
Electric

Location & Legal

Cross Street
Hwy 35 and Hwy 118
Parcel Number
391270109
Possession
Flexible
Occupancy
Partial

Included

Inclusions
Existing Appliances (Fridge, Stove, Microwave, Hood, All ELF's).
Exclusions
None
Rental Items
Hot Water Tank (If Rental)

Waterfront

Water Body
Boshkung Lake
Shoreline
Clean, Sandy, Shallow
Docking
None

Community

Postal area K0M

Population
53,815
Private dwellings
37,422
Median age
56.8
Average household size
2.2
Median household income
$80,000

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 Algonquin Highlands · last 12 months

Median sold price
$600,010
Homes sold
89
Median days on market
32
Sale-to-list price
93.7%

Based on 89 recorded sales of residential freehold properties in Algonquin Highlands over the last 12 months.

Rooms

3-piece on Ground, 4-piece on Ground

Main

  • Bathroom9' x 5'11"
  • Bathroom10' x 6'
  • Bedroom 29' x 9'
  • Bedroom 39' x 14'
  • Bedroom 410' x 8'
  • Den9' x 10'
  • Kitchen12' x 12'
  • Living Room17' x 23'
  • Primary Bedroom15' x 12'
  • Utility Room5'11" x 9'11"

Listed by

HOMELIFE MAPLE LEAF REALTY LTD.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$199,800

Estimated Monthly Payment

$4,908

Land transfer tax

Estimated land transfer tax$16,455

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: $4,908/mo (20% down, 5.5%)

Taxes: $280/mo · Insurance: $250/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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