550 Shawanaga Lake
McDougall, ON
- 2 bed
- 1 bath
- approx. < 700 sqft
- Detached
- 30 days on market
Your adventure begins with a 5 minute scenic ride to this remarkable 7-acre wilderness retreat on sought-after Shawanaga Lake. Boasting nearly 1,100 feet of shoreline, the property includes two cabins and a bunkie, offering an ideal setup for shared ownership. Purchase with family or friends and enjoy an affordable waterfront paradise this summer. There's even a guest cabin and plenty of space to pitch tents, making it the ultimate spot for family gatherings and outdoor fun. Worried about access? No need a tin boat and motor are included, and there is convenient parking at the public boat launch on Beach Road in Whitestone. The property is solar-powered, and the main cabin is insulated for comfort, featuring a WETT-certified wood stove for cozy evenings. There are three docks along the shoreline, you'll have ample space for swimming, boating, watersports, or simply relaxing by the lake. Explore woodland trails, unwind in nature, enjoy four-season adventure with the OFSC snowmobile trail crossing the lake during winter months. Contact the listing agent for more information of a possible vendor take-back mortgage that may be available for qualified buyers with a strong down payment. The vendor is a licensed realtor.
Listing Details
- Taxes (2026)
- $1,864
- Listed
- August 19, 2026
Price History
Listing history
Sign in to view
Property
- Style
- 1 1/2 Storey
- Age
- 16-30
- Construction
- Board & Batten
- Roof
- Metal
- Foundation
- Piers
- Interior
- Guest Accommodations
- Lot Size
- 600 x 810.2 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 0
Utilities
- Water
- Lake/River
- Sewer
- None
- Heat Source
- Wood
Location & Legal
- Cross Street
- Highway 124 /Lorimer lake rd
- Zoning
- WF2-LS water frontresidential
- Parcel Number
- 521250049
- Possession
- Flexible
- Occupancy
- Vacant
Included
- Inclusions
- All furniture on site, green boat and 10hp Honda motor, ATV and wagon
Waterfront
- Water Body
- Shawanaga Lake
- Shoreline
- Clean
- Docking
- Private
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 McDougall · last 12 months
- Median sold price
- $520,000
- Homes sold
- 57
- Median days on market
- 43
- Sale-to-list price
- 94.9%
Based on 57 recorded sales of residential freehold properties in McDougall over the last 12 months.
Rooms
3-piece on Ground
Second
- Bedroom13'1" x 13'1"
- Den13'1" x 13'1"
Ground
- Dining Room13'1" x 13'1"
- Kitchen13'1" x 13'1"
- Living Room13'1" x 13'1"
Listed by
ANCHOR REALTY
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$67,800
Estimated Monthly Payment
$1,665
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: $1,665/mo (20% down, 5.5%)
Taxes: $155/mo · Insurance: $85/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. This listing mentions Boasting nearly 1,100 feet of shoreline, the property includes two cabins and a bunkie, offering an ideal setup for shared ownership.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?