268 Loch Erne Road

McDougall, McDougall, P2A 2W7

$449,000

Reduced $30,000 from $479,000

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  • 3 bedrooms
  • 1 bathrooms
  • 5 parking
  • 700-1100 sq ft

Listed 89 days ago · MLS® X13597058

About this home

A proven income property with the kind of rural setting tenants and future owners can appreciate. Located just across the road from Vowels Lake and within easy reach of Parry Sound, this 3-bedroom, 1-bathroom home sits on 8.3 acres and has been a consistent rental property for the past 10 years. The home is currently rented for a one-year term beginning November 1, 2026, creating an opportunity for an investor looking to add an established property to their portfolio and begin earning income from day one. Surrounded by trees and set along a year-round municipally maintained road, the property offers privacy without giving up reliable four-season access. Inside, a wood stove adds warmth and character, while an attached garage, drilled well and septic system provide the practical features needed for comfortable country living. With approximately 8.3 acres to explore and Vowels Lake just across the road, the setting offers plenty of appeal beyond the numbers. Whether held as a long-term investment or considered for personal use in the future, this is a straightforward opportunity to own a versatile Northern Ontario property close to Parry Sound, with an established rental history and room to enjoy the outdoors.

Details

Type
Detached
Style
Bungalow
Size
700-1100 sq ft
Lot
332.4 × 1175.67 ft
Basement
None
Garage
Attached
Kitchens
1
Property tax
$1,850 (2026)
Neighbourhood
McDougall
Municipality
McDougall
Price per sq ft
$499 (11% below detached houses in McDougall, $561)

Interior

Bedrooms
3 above ground
Bathrooms
1 × 3-piece (main)
Rooms
8 above ground
Family room or den
Yes
Fireplace
Wood Stove
Features
Carpet Free, Generator - Partial, Primary Bedroom - Main Floor, Separate Heating Controls, Upgraded Insulation, Water Heater Owned, Workbench

Heating, cooling and services

Heating
Baseboard, Electric
Water and sewer
Septic

Building and exterior

Style
Bungalow
Exterior
Vinyl Siding
Roof
Metal
Foundation
Concrete Block
Faces
North
Outdoor
Deck, Privacy, Recreational Area, Year Round Living, Shed

Parking

Garage spaces
1
Total parking
5
Driveway and parking
Available

Lot

Size
332.4 × 1175.67 ft (irregular)
Acreage
5-9.99

More

Possession
Negotiable
Nearby
Golf, Hospital, Lake Access, Wooded/Treed
Cross street
Lorimer Lake Road

Rooms

RoomLevelSizeFeatures
BathroomMain2.92 × 1.52 m (9'7" × 5')3 Pc Bath
BedroomMain2.87 × 2.76 m (9'5" × 9'1")
Dining RoomMain4.14 × 3.59 m (13'7" × 11'9")
KitchenMain3.01 × 2.6 m (9'11" × 8'6")
LaundryMain3.25 × 2.22 m (10'8" × 7'3")
Living RoomMain4.13 × 3.14 m (13'7" × 10'4")
Bedroom 3Main2.93 × 2.4 m (9'7" × 7'10")
Primary BedroomMain3.41 × 2.77 m (11'2" × 9'1")
OtherMain4.66 × 6.57 m (15'3" × 21'7")

Location

Location is approximate. See nearby homes on the map

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The neighbourhood

Getting around Car-dependent

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: no grocery stores, 0 cafés and restaurants, 0 parks.

Who lives here postal area P2A

Owners / renters
76% / 24%
Median household income
$73,500
Average age
49
Children under 15
12%
Homes
75% detached, 3% high-rise
Commute by transit
0%
Population
14,695

Languages spoken most at home besides English: Malayalam 0.1%, German 0.1%, Gujarati 0.1%, Ojibway 0.1%.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census.

Living here

Commute

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by Royal LePage Team Advantage Realty.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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