Searching for cottages for sale in Ontario under $500 000? From Muskoka to Kawartha and beyond, Ontario has a variety of affordable getaway properties perfect for seasonal use, remote work, or rental income.

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0 Hazard Hill Road
Kearney Kearney P0A 1M0

$425,000
Residential Freehold beds: 2 baths: 0.0

Main Photo: 0 Hazard Hill Road: Kearney House for sale : MLS®# X13426764
Photo 1: 0 Hazard Hill Road: Kearney House for sale : MLS®# X13426764
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Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
X13426764
Bedrooms:
2
Escape to your own private wilderness retreat on beautiful Island Lake in Kearney. This rare offering features approximately 5 acres with 260 feet of pristine waterfront and road access from Hazard Hill Rd. Tucked away in a secluded setting at the end of the lake, the property borders hundreds of acres of Crown land connecting to both Island Lake and Loon Lake, creating endless opportunities for hiking, ATV adventures, wildlife viewing, and outdoor recreation.The charming off-grid log cabin (Four Seasons Log Homes) offers 450 sqft of cozy open concept kitchen & living room space complete with 2 bedrooms a wood stove and solar power for lighting, providing the perfect place to unwind and disconnect from the busy pace of everyday life. An outhouse with a composting toilet adds to the property's rustic charm and simplicity.Enjoy peaceful waterfront living with western exposure and beautiful views across the lake. Relax on the dock, launch the boat (included), or simply take in the tranquil surroundings while listening to the loons. Island Lake is a spring-fed, crystal-clear lake renowned for its quiet atmosphere, Algonquin-like scenery, excellent canoeing and kayaking, and outstanding fishing for lake trout, smallmouth bass, and yellow perch. Convenient water access is available via the nearby public boat launch, complete with ample parking and docking facilities used by many seasonal cottage owners. A private municipal yearly maintained roadway leads into the property with plenty of parking available. Hydro is available at the road and Bell service is located at the shoreline. Whether you're seeking peaceful weekends at the cottage, a private family getaway, or a basecamp for year-round outdoor adventure, this hidden gem offers a unique opportunity to own a slice of Northern Ontario paradise. Experience the privacy, natural beauty, and serenity that make this property truly special!!
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow
Total Approx Floor Area:
< 700
Lot Size:
5-9.99
Lot Depth:
0'
Lot Frontage:
273'7½"
Direction Faces:
South
Bedrooms:
2
Bathrooms:
0.0
Water supply:
None
Kitchens:
1
Bedrooms Above Grade:
2
Kitchens Above Grade:
1
Rooms Above Grade:
4
Heating type:
Other
Heating Fuel:
Wood
Foundation:
Piers
Roof:
Metal
Basement:
None
Fireplace/Stove:
Yes
Alternative Power:
Solar Power
Garage:
None
Garage Spaces:
0.0
Parking Spaces:
6
Total Parking Spaces:
6.0
Family Room:
No
Possession Details:
Immediate
Lot Irregularities:
See Broker Remarks
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Taxes:
$2,360.81 / 2025
Assessment:
$- / -
Parry Sound
Kearney
Kearney
Solar Owned
Unknown
N/A
14' Tin Boat w 6 HP Suzuki Motor, Blue Canoe
Brown Muskoka Chair and table on the Dock. All owners personal items, books, tools etc.
Wood
853'
Dock
Direct
Sandy, Clean, Deep
Owned
North East
Direct, Unobstructive
By Water, Private Docking, Year Round Municipal Road
Island Lake
Lake
Not Applicable
Private
Utilities Cable:
No
Utilities Telephone:
Available
Utilities Gas:
No
Utilities Hydro:
Available
Utilities Water:
No
Sewers:
No
Special Designation:
Unknown
Sewers:
None
Air Conditioning:
None
Central Vacuum:
No
Seller Property Info Statement:
No
Date Listed:
Jun 10, 2026
Original Price:
Previous Price:
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Listed by RE/MAX HALLMARK CHAY REALTY
Data was last updated June 11, 2026 at 12:15 AM (UTC)
Area Statistics
Listings on market:
15
Avg list price:
$795,900
Min list price:
$299,900
Max list price:
$3,990,000
Avg days on market:
55
Min days on market:
8
Max days on market:
628
These statistics are generated based on the current listing's property type and located in Kearney. Average values are derived using median calculations. This data is not produced by the MLS® system.
DARYL  KING
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What to Expect from Affordable Ontario Cottages

Cottages in this price range often include:

• 2-3 bedrooms with cozy interiors and rustic charm
• Waterfront access or proximity to lakes, trails, and parks
• Seasonal or winterized structures with wood-burning stoves
• Decks, firepits, and private outdoor space for relaxation

Why Cottages Under $500K Are in High Demand Across Ontario

• Ideal for families and retirees looking for a peaceful escape
• Lower property taxes and maintenance costs
• Potential for Airbnb or seasonal rental income
• Opportunities to renovate or build equity over time

Where to Find Cottages for Sale in Ontario Under $500 000

Look for listings in areas like Kawartha Lakes, Bancroft, Haliburton Highlands, Parry Sound, and Northern Ontario regions, where land and lakefront options still exist within this budget.

Explore More GTA Homes:

Each link provides updated listings and expert insights.

FAQs – Cottages for Sale Ontario Under $500 000

1. Are cottages under $500K move-in ready or fixer-uppers?
Many are seasonal and may require cosmetic updates, but move-in-ready options exist, especially outside major tourist zones.

2. Can I finance a cottage in this price range?
Yes. Financing is available, though terms may differ for seasonal vs. year-round cottages. Talk to your lender for details.

3. Are there waterfront cottages for under $500,000?
Yes, especially in less commercialized or northern regions, though they may be smaller or more rustic.

4. Can I rent out my cottage when I’m not using it?
Many buyers turn their cottages into part-time income properties, especially during summer and long weekends.