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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206 Blakely Lane
Centre Hastings Hastings K0K 2K0

$399,900
Residential Freehold beds: 2+2 baths: 1.0

Main Photo: 206 Blakely Lane in Hastings: Centre Hastings House for sale : MLS®# X12091367
Photo 1: 206 Blakely Lane in Hastings: Centre Hastings House for sale : MLS®# X12091367
Photo 2: 206 Blakely Lane in Hastings: Centre Hastings House for sale : MLS®# X12091367
Photo 3: 206 Blakely Lane in Hastings: Centre Hastings House for sale : MLS®# X12091367
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Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
X12091367
Bedrooms:
2+2
Bathrooms:
1
Affordable, peaceful, and packed with potential, this lakeside cottage is your chance to own a slice of paradise without breaking the bank! Drive up the private road to this spectacular 3-season waterfront home on Moira Lake in Madoc with the ability to renovate into a year-round getaway! Priced attractively with extremely low property taxes, this hidden gem offers exceptional value. Enjoy the beauty of what nature has to offer in a peaceful, quiet setting just 90 minutes from Toronto. Family oriented open concept layout with two bedrooms and one bathroom. Rustic wooden walls offer a cozy, vintage feeling, with large windows that bathe each room in warm sunlight. Unwind after a fun filled day in front of the fireplace or lounge on the deck under the summer sun. The west-facing views treat you to beautiful sunsets that make every evening magical. A separate bunkie provides the comfiest sleeping quarters for your friends, family, and guests. Enjoy breathtaking views while having fun boating, swimming, or doing watersports on the lake; and for fishing enthusiasts, the area is known for its fantastic catches. This hideaway is conveniently location only 5 minutes from the town of Madoc, so no need to fret when you run out of cream for your morning coffee or your little one loses a watershoe. The community is connected to natural gas, roads are maintained year-round, and garbage pickup is included - a rare find in cottage country!
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow
Total Approx Floor Area:
700-1100
Depth:
95'
Frontage:
52'
Direction Faces:
West
Bedrooms:
2+2
Bathrooms:
1.0
Water supply:
Well
Kitchens:
1
Bedrooms Above Grade:
2
Bedrooms Below Grade:
2
Kitchens Above Grade:
1
Rooms Above Grade:
4
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Unknown
Roof:
Unknown
Basement:
None
Fireplace/Stove:
Yes
Alternative Power:
Unknown
Garage:
None
Garage Spaces:
0.0
Other Structures:
Aux Residences, Garden Shed
Parking Features:
Private
Parking Spaces:
3
Total Parking Spaces:
3.0
Family Room:
No
Possession Details:
TBD
Pool:
None
Link:
No
HST Applicable To Sale Price:
Not Subject to HST
Taxes:
$579.67 / 2024
Assessment:
$- / -
Centre Hastings
Centre Hastings
Hastings
None
Unknown
Fridge, stove, microwave, electric hot water tank, storage shed
Vinyl Siding
No
No
60'
Dock
Direct
Unknown
Owned
West
Direct
Private Road
Moira Lake
Lake
Not Applicable
Private
Floor
Type
Size
Other
Main
Kitchen
24'10" × 11'9¾"
Hardwood Floor, Combined w/Living, Eat-in Kitchen
Main
Living Room
24'10" × 11'9¾"
Hardwood Floor, Combined w/Kitchen, W/O To Deck
Main
Primary Bedroom
9'5" × 8'1¼"
Broadloom, Ceiling Fan(s), Window
Main
Bedroom 2
9'1½" × 7'10⅞"
Broadloom, Panelled, Window
Utilities Gas:
Yes
Utilities Hydro:
Yes
Utilities Water:
No
Water Supply Types:
Drilled Well
Sewers:
No
Special Designation:
Landlease
Sewers:
Holding Tank
Air Conditioning:
Window Unit(s)
Central Vacuum:
No
Seller Property Info Statement:
No
Date Listed:
Apr 18, 2025
Original Price:
Previous Price:
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Listed by KELLER WILLIAMS COMMUNITY REAL ESTATE
Data was last updated June 18, 2025 at 03:15 AM (UTC)
Area Statistics
Listings on market:
35
Avg list price:
$625,000
Min list price:
$209,000
Max list price:
$3,999,000
Avg days on market:
49
Min days on market:
1
Max days on market:
489
These statistics are generated based on the current listing's property type and located in Centre Hastings. Average values are derived using median calculations.
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.