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1 / 0
New4 days ago

319 Wilson Lake N/A

Wilson, Parry Sound Remote Area

$259,900

Detached|1 1/2 Storey
2 | 1 | 0
About this home

A special opportunity to own a piece of Wilson Lake history. Also known as Wauquimakog, Wilson Lake is part of the highly sought-after Pickerel River system, offering approximately 65 km of boating and excellent fishing. Built in 1919, this charming cottage has been well cared for, with many improvements completed over the years. The property features 129 feet of waterfront with the shore road allowance owned. Enjoy beautiful long, open-water views from the cottage and dock, with deep water off the end of the dock for easy access to the lake. Access is by water only, with a short approximately 3-minute boat ride from the current parking and docking arrangement at Wrights Point. The cottage offers 2 bedrooms with 4 beds upstairs and 1 bath. A dividing wall separates the two sleeping areas, although the space is currently open and can easily be closed off to create two separate bedrooms. The cottage features a newer kitchen installed within the last 9 years, with a propane stove and propane refrigerator. A small solar system provides power, with a propane on-demand water heater and low-voltage water pump supplying water to the kitchen sink and shower. There is also a Sun-Mar composting toilet. Many improvements have been completed over the years, including extensive foundation work in 2015 with new concrete piers and steel I-beams beneath the cottage, providing peace of mind in the structure. Other features include a steel roof and an 8' x 10' storage shed. A wonderful opportunity to own a historic cottage on Wilson Lake and enjoy the privacy, fishing and boating that this area has to offer.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$1,138
Lot Size129 ft x 160.46 ft
mls© NumberX13850304
Listed ByForest Hill Real Estate Inc.

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$1,330
Property tax
$95
Heat allowance
$150
Housing costs
$1,575 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $51,980
25-yr amortization

Income needed

$48,000

gross annual household income

Payment at 4%
$1,094 / mo
Cash down
$51,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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