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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10385 RABBIT LAKE
Temagami Nipissing P0H 2H0

$449,900
Residential Freehold beds: 3 baths: 1.0

Main Photo: 10385 RABBIT LAKE in Nipissing: Temagami House for sale : MLS®# X12252933
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Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
X12252933
Bedrooms:
3
Bathrooms:
1
Nestled in the picturesque wilderness of Temagami, Ontario, this enchanting three-bedroom cottage offers a tranquil retreat on the pristine shores of Rabbit Lake. Accessible only by boat, this secluded haven provides an idyllic off-grid living experience, perfect for those seeking peace and privacy in nature. The cottage boasts three well-appointed bedrooms. Natural wood finishes and large windows create a warm and inviting atmosphere. The open-concept living area is designed for relaxation and togetherness. A wood-burning stove and propane fireplace provide warmth and ambiance, while large windows and sliding doors let in ample natural light and offer stunning lake views. The kitchen is well equipped with modern and includes a propane stove and refrigerator, ensuring you have all the comforts of home while living sustainably. The expansive deck is perfect for outdoor dining, lounging, and soaking in the serene beauty of Rabbit Lake. The cottage is equipped with a robust solar power system, providing reliable electricity for all your needs. Backup generators ensure uninterrupted power supply. This three-bedroom off-grid cottage on Rabbit Lake is a rare gem, offering a perfect blend of rustic charm and modern amenities. With its serene location, sustainable living features, and various outbuildings including a heated outhouse and a shower house, it is an ideal retreat for nature lovers and those seeking a peaceful escape from the everyday world. Whether you are looking for a seasonal getaway or a year-round residence, this property promises a unique and fulfilling lifestyle in the beautiful wilderness of Temagami, Ontario.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Property Attached:
Yes
Home Style:
Bungalow
Approx. Age:
51-99
Total Approx Floor Area:
700-1100
Lot Size:
.50-1.99
Depth:
332'5½"
Frontage:
151'
Lot Details:
332.46 x 151
Topography:
Rocky, Sloping
Direction Faces:
East
Bedrooms:
3+0
Bathrooms:
1.0
Water supply:
Other
Kitchens:
1
Kitchens in Basement:
0
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Kitchens Above Grade:
1
Rooms Above Grade:
6
Rooms Below Grade:
0
Rooms:
6
Zoning:
R1
Heating type:
Other
Heating Fuel:
Wood
Fireplaces:
2
Cooling:
No
New Construction:
No
Foundation:
Piers
Roof:
Metal
Basement:
None
Fireplace Features:
Living Room, Propane
Fireplace/Stove:
Yes
Alternative Power:
Generator-Wired, Solar Power
Garage:
None
Garage Spaces:
0.0
Parking Spaces:
0
Total Parking Spaces:
0.0
Rural services:
Cell Services, Internet Other
Family Room:
No
Possession Details:
Flexible
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Taxes:
$1,421 / 2025
Assessment:
$- / 2025
Temagami
Temagami
Nipissing
Solar Owned, On Demand Water Heater
Deck, Seasonal Living
None
Unknown
Second Fridge (Both Propane), Solar Equipment, Most Furniture, Champion Generator in Wood Shed., Freezer, Gas Oven Range, Refrigerator, Washer, Hot Water Tank Owned, Window Coverings
Two Stools in Living Room, Telescope and Chest, Coat Rack in Hallway, Wine Barrel in Living Room, Picnic Table, Tools, Some Other Personal Items.
Wood
No
Dock, Stairs to Waterfront
Direct
Natural, Deep, Clean
Not Owned
East
Bay, Water, Lake
Direct
Water Only
Rabbit Lake
Lake
Not Applicable
Private
Floor
Type
Size
Other
Main
Other
35'5" × 13'2"
Main
Primary Bedroom
13'7" × 9'8"
Main
Bedroom
10'8" × 10'2"
Main
Bedroom
10'2" × 8'10"
Main
Mud Room
9'8" × 8'9"
Floor
Ensuite
Pieces
Other
Main
No
-
10'2" x 4'10"
Water Supply Types:
Lake/River
Special Designation:
Unknown
Sewers:
Septic
Air Conditioning:
None
Central Vacuum:
No
Seller Property Info Statement:
No
Date Listed:
Jun 30, 2025
Original Price:
Previous Price:
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Virtual Tour

Listed by Century 21 Blue Sky Region Realty Inc., Brokerage
Data was last updated August 26, 2025 at 03:15 AM (UTC)
Area Statistics
Listings on market:
24
Avg list price:
$474,495
Min list price:
$259,900
Max list price:
$1,995,000
Avg days on market:
70
Min days on market:
5
Max days on market:
412
These statistics are generated based on the current listing's property type and located in Temagami. 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.