34C Bentley Lake Place in Hastings: Faraday House for sale : MLS®# X12374513
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.
Discover the Hidden Gem of Bentley Lake! Just minutes from town, this motor-friendly lakefront property offers stunning, panoramic views from every angle. Whether you're looking for a year-round home or a peaceful cottage getaway, this property delivers. A staircase leads you down to the waters edge, where you'll find a spacious dock providing ultimate privacy. Enjoy tranquil, elevated views of the lake from your private back deck or through the living room windows. Inside, a bright sunroom entrance welcomes you into the cozy open-concept kitchen, living, and dining areas, all overlooking the serene lakeside and dock. The main floor features a master bedroom, full bathroom, and convenient main floor laundry. Upstairs, you'll find two additional bedrooms. The home also boasts a metal roof, vinyl siding, updated windows, and a heated, insulated double bay garage with a drive shed and workshop space!
Data was last updated September 2, 2025 at 10:15 PM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$612,000
Min list price:
$375,000
Max list price:
$2,249,000
Avg days on market:
75
Min days on market:
4
Max days on market:
721
These statistics are generated based on the current listing's property type
and located in
Faraday. Average values are
derived using median calculations. This data is not produced by the MLS® system.
• 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.
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.