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.
16 Fire Route 311
Peterborough
K0L 1J0
$499,900
Residential Freehold
beds: 3
baths: 0.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- X12289279
- Bedrooms:
- 3
- Photos (15)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
- Property Type:
- Residential Freehold
- Property Sub Type:
- Detached
- Home Style:
- Bungalow
- Total Approx Floor Area:
- 700-1100
- Depth:
- 194'8½"
- Frontage:
- 304'10¾"
- Lot Shape:
- Irregular
- Direction Faces:
- West
- Bedrooms:
- 3
- Bathrooms:
- 0.0
- Water supply:
- None
- Kitchens:
- 1
- Bedrooms Above Grade:
- 3
- Kitchens Above Grade:
- 1
- Rooms Above Grade:
- 5
- Heating type:
- Other
- Heating Fuel:
- Wood
- Foundation:
- Block
- Roof:
- Asphalt Shingle
- Basement:
- Crawl Space
- Fireplace/Stove:
- No
- Alternative Power:
- Solar Power
- Garage:
- None
- Garage Spaces:
- 0.0
- Parking Features:
- Front Yard Parking, Private Double
- Parking Spaces:
- 8
- Total Parking Spaces:
- 8.0
- Rural services:
- Electricity On Road
- Family Room:
- No
- Possession Details:
- Immediate
- Lot Irregularities:
- See realtor remarks
- Pool:
- None
- Link:
- No
- HST Applicable To Sale Price:
- Included In
- Taxes:
- $2,234.37 / 2025
- Assessment:
- $- / -
- Trent Lakes
- Trent Lakes
- Peterborough
- None, Solar Owned
- Unknown
- None
- Cookstove ("as is")
- Personal belongings
- Wood
- 260'
- Boat Launch, Dock
- Direct
- Natural, Mixed
- Owned
- Direct
- Seasonal Private Road, Year Round Municipal Road
- Galloway Lake
- Lake
- Not Applicable
- Private
- Floor
- Type
- Size
- Other
- Main
- Living Room
- 21'11¾" × 21'
- Main
- Dining Room
- 21' × 15'
- Combined w/Kitchen
- Main
- Bedroom
- 11' × 10'6"
- Main
- Bedroom 2
- 11' × 10'6"
- Main
- Bedroom 3
- 7' × 6'
- Sewage:
- Privy
- Special Designation:
- Unknown
- Sewers:
- None
- Air Conditioning:
- None
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
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- Listings on market:
- 118
- Avg list price:
- $869,700
- Min list price:
- $325,000
- Max list price:
- $3,450,000
- Avg days on market:
- 44
- Min days on market:
- 2
- Max days on market:
- 514
- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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.
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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.