Cottage for sale sold McKellar


Owner's comments

Little Lake McKellar (Grey Owl Lake) Cottage 87 McKellar Lake Road, McKellar Ont. Must sell $229,000.00 or best offer!! Year round access family cottage, 3 bedrooms, 3pce. bathroom, kitchen, living room with stone hearth and wood stove heating, large deck, septic system, bunkhouse, huge garage with workshop, 2 storage sheds and docks. The cottage and bunkhouse come fully furnished ready for your summer fun. One of the best lots on the lake has 76 ft. water frontage on a safe shallow sand beach shoreline. The 0.75 acre lot is partially landscaped with mature birch, maple, cedar and pine trees. The cottage is located on a quite inlet ideal for families with young children or those who prefer a private setting. Grey Owl Lake also has water access to Lorimer Lake one of the largest and cleanest lakes in the Parry Sound area with miles of boating and great fishing. Call for a personal showing, we would be more than happy to take you through. Weekdays (905) 741-5564 Weekends (705) 389-3147 Directions: McKellar is located 15-20 minutes north/east of Parry Sound on Hwy. #124. Continue through Mckellar on Hwy 124 and turn left on McKellar Lake Road. Follow along on McKellar Lake Road to lot # 87 on your right. Listed at $229,000.00 our cottage and property is a great value compared to other properties on the lake at $ 265,000.00. Dont miss out on this offer.Wont last long!!
  • Property Style : Waterfront
  • Price Detail : Available Now
  • Number of bedrooms : 3
  • Number of bathrooms : 1
  • Asking Price : $229,000
  • Building dimensions : 800 ft² (74.32 m²)
  • Backyard Faces : North-West

Other details :

  • External facing :
    • Wood
  • Floor coverings :
    • Carpet
    • Vinyl
  • Kitchen :
    • Wooden cupboards
    • Stove
    • Fridge
  • Heating source :
    • Wood stove
  • Equipment/Services Included :
    • Shed
    • Stove
    • Septic tank
    • Washer
    • Ceiling fixtures
    • Fridge
    • Window coverings
    • Dryer
    • Blinds
  • Bathroom :
    • Separate Shower
  • Renovations and upgrades :
    • Roof
  • Garage :
    • Detached
  • Parking / Driveway :
    • Aggregate
  • Location :
    • Highway access
  • Lot description :
    • Waterfront
    • Landscaped

Mortgage payments

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Mortgage payments


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Annual and Monthly costs

Expenses summary Monthly Annual
Property taxes $91.67 $1,100
Total known costs $91.67 $1,100

Steps to buy this property

So you decided you like this property and would like to make an offer.

Here are the steps.

  1. 1. Investigate Mortgage Options

    As soon as possible in your buying process, make sure you can get the necessary financing to acquire the property. Consult a financial advisor and/or get a pre-approved mortgage. You will then know the exact amount of the loan that your financial institution is willing to lend you.

  2. 2. Get a Lawyer

    It's important to hire a lawyer who specializes in real estate. You could find yourself in a bidding war for the home you want, and it doesn't hurt to have a lawyer look over any offer to purchase before you submit it. A real estate lawyer will also conduct a title search and check for outstanding taxes and liens on the property.

  3. 3. Make the Offer

    You can contact your lawyer for help with filling out the offer document, which can be downloaded here or provided to you by the sellers. You then present the written offer to the seller. This document includes the price, conditions, deposit and closing date. The seller either accepts, rejects or counters the offer (also called "signing back" the offer).

  4. 4. Home Inspection or New Home Warranty

    Hiring an inspector is voluntary, but it's a smart idea for resale homes. You can choose to make your offer to purchase the home conditional on the outcome of your inspection. If your inspection reveals major problems, you can negotiate those repairs with the seller before your deal closes, or legally withdraw your offer.

    What is a New Home Warranty?

    New Home Warranties are typically used when you buy a brand new home. The builder provides a New Home Warranty to cover things like deposits and completion dates, along with labour and materials for at least one year after the home was built. It also protects you against structural problems for a minimum of five years.

  5. 5. Finalizing the Deal

    Finalizing the deal will include the final approval of your mortgage, a meeting with your lawyer to finalize details like insurance and conditions, and the results of a title search.

  6. 6. Moving Preparations

    There's a lot to do before you move. Line up utilities and other services like phone, cable and internet. If you rent, you must give your landlord notice. Also, forward your mail to your new address and hire a moving company. Preparing these things well in advance will help you make a smooth transition to your new home.

  7. 7. Closing Day

    This is the day you legally get possession of the house. Your lawyer completes the paperwork (so the home is in your name), payments are finalized and you receive the deed and the keys. Congratulations on your new home!

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