Dreaming of owning a serene getaway? With cottages for sale in Ontario under $500 000, you can enjoy lakeside living, weekend retreats, or investment opportunities without breaking the bank. From Muskoka and Kawartha Lakes to Parry Sound and beyond, there’s a cottage that fits your budget and lifestyle.

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37 Lakeshore Road
Hiawatha First Nation Peterborough K0L 2G0

$249,900
Residential Freehold beds: 3 baths: 1.0

Main Photo: 37 Lakeshore Road in Peterborough: Hiawatha First Nation House for sale : MLS®# X12126584
Photo 1: 37 Lakeshore Road in Peterborough: Hiawatha First Nation House for sale : MLS®# X12126584
Photo 2: 37 Lakeshore Road in Peterborough: Hiawatha First Nation House for sale : MLS®# X12126584
Photo 3: 37 Lakeshore Road in Peterborough: Hiawatha First Nation House for sale : MLS®# X12126584
Photo 4: 37 Lakeshore Road in Peterborough: Hiawatha First Nation House for sale : MLS®# X12126584
Photo 5: 37 Lakeshore Road in Peterborough: Hiawatha First Nation House for sale : MLS®# X12126584
Photo 6: 37 Lakeshore Road in Peterborough: Hiawatha First Nation House for sale : MLS®# X12126584
Photo 7: 37 Lakeshore Road in Peterborough: Hiawatha First Nation House for sale : MLS®# X12126584
Photo 8: 37 Lakeshore Road in Peterborough: Hiawatha First Nation House for sale : MLS®# X12126584
Photo 9: 37 Lakeshore Road in Peterborough: Hiawatha First Nation House for sale : MLS®# X12126584
Photo 10: 37 Lakeshore Road in Peterborough: Hiawatha First Nation House for sale : MLS®# X12126584
Photo 11: 37 Lakeshore Road in Peterborough: Hiawatha First Nation House for sale : MLS®# X12126584
Photo 12: 37 Lakeshore Road in Peterborough: Hiawatha First Nation House for sale : MLS®# X12126584
Photo 13: 37 Lakeshore Road in Peterborough: Hiawatha First Nation House for sale : MLS®# X12126584
Photo 14: 37 Lakeshore Road in Peterborough: Hiawatha First Nation House for sale : MLS®# X12126584
Photo 15: 37 Lakeshore Road in Peterborough: Hiawatha First Nation House for sale : MLS®# X12126584
Photo 16: 37 Lakeshore Road in Peterborough: Hiawatha First Nation House for sale : MLS®# X12126584
Photo 17: 37 Lakeshore Road in Peterborough: Hiawatha First Nation House for sale : MLS®# X12126584
Photo 18: 37 Lakeshore Road in Peterborough: Hiawatha First Nation House for sale : MLS®# X12126584
Photo 19: 37 Lakeshore Road in Peterborough: Hiawatha First Nation House for sale : MLS®# X12126584
Photo 20: 37 Lakeshore Road in Peterborough: Hiawatha First Nation House for sale : MLS®# X12126584
Photo 21: 37 Lakeshore Road in Peterborough: Hiawatha First Nation House for sale : MLS®# X12126584
Photo 22: 37 Lakeshore Road in Peterborough: Hiawatha First Nation House for sale : MLS®# X12126584
Photo 23: 37 Lakeshore Road in Peterborough: Hiawatha First Nation House for sale : MLS®# X12126584
Photo 24: 37 Lakeshore Road in Peterborough: Hiawatha First Nation House for sale : MLS®# X12126584
Photo 25: 37 Lakeshore Road in Peterborough: Hiawatha First Nation House for sale : MLS®# X12126584
Photo 26: 37 Lakeshore Road in Peterborough: Hiawatha First Nation House for sale : MLS®# X12126584
Photo 27: 37 Lakeshore Road in Peterborough: Hiawatha First Nation House for sale : MLS®# X12126584
Photo 28: 37 Lakeshore Road in Peterborough: Hiawatha First Nation House for sale : MLS®# X12126584
Photo 29: 37 Lakeshore Road in Peterborough: Hiawatha First Nation House for sale : MLS®# X12126584
Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
X12126584
Bedrooms:
3
Bathrooms:
1
Welcome to your own slice of paradise on the north shore of Rice Lake! This charming cottage boasts 3 cozy bedrooms and a 3-piece bathroom. The spacious living room features a vaulted tongue and groove ceiling, new vinyl floors and a large picture window that captures the breathtaking views of the lake. The bright kitchen offers plenty of storage space and a dining area with a walkout to the deck. Step out onto the expansive wraparound deck and soak in the tranquility of the water. The large dock is perfect for your boats and watercraft, or for jumping off to go for a refreshing swim, allowing you to fully enjoy the lake. And don't forget your fishing rods because Rice Lake is known for its great fishing. Situated on a quiet dead end street, just a short walk to the boat launch, restaurant & gas bar, and only a 20 minute drive to Peterborough. Don't miss out on this amazing opportunity to create lasting memories with your family and friends in this idyllic waterfront retreat. Deck (2019), fridge & well pump (2022), plumbing (2023), vinyl floors in LR (2024). Land lease with no property taxes. Possible to winterize. Seller willing to cover land lease fees of $9,792 for remainder of term ending June 30, 2025
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow
Total Approx Floor Area:
< 700
Depth:
100'
Frontage:
75'
Lot Shape:
Irregular
Direction Faces:
East
Bedrooms:
3
Bathrooms:
1.0
Water supply:
Well
Kitchens:
1
Bedrooms Above Grade:
3
Kitchens Above Grade:
1
Rooms Above Grade:
6
Ensuite Laundry:
No
Heating type:
Other
Heating Fuel:
Other
Foundation:
Concrete Block
Roof:
Asphalt Shingle
Basement:
None
Fireplace/Stove:
No
Alternative Power:
None
Garage:
None
Garage Spaces:
0.0
Other Structures:
Garden Shed
Parking Features:
Front Yard Parking
Parking Spaces:
4
Total Parking Spaces:
4.0
Family Room:
No
Possession Details:
Flexible
Lot Irregularities:
Irregular
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Taxes:
$0 / 2024
Assessment:
$- / -
Hiawatha First Nation
Hiawatha First Nation
Peterborough
Cul de Sac/Dead End, Golf, Lake/Pond, Waterfront
None
Unknown
None
Most furniture, appliances, light fixtures and window coverings.
Staging items
Metal/Steel Siding
Dock, Trent System
Direct
Natural
Not Owned
South East
Direct
Year Round Private Road
Rice Lake
Lake
Not Applicable
Private
Floor
Type
Size
Other
Main
Kitchen
17'5" × 9'6"
Breakfast Area, Vaulted Ceiling(s), W/O To Deck
Main
Living Room
13'11" × 9'6"
Vinyl Floor, Vaulted Ceiling(s), Picture Window
Main
Primary Bedroom
9'6" × 8'6"
Broadloom, Window, Vaulted Ceiling(s)
Main
Bedroom 2
9'6" × 8'10"
Vinyl Floor, Window, Vaulted Ceiling(s)
Main
Bedroom 3
9'6" × 7'10½"
Vinyl Floor, Window, Vaulted Ceiling(s)
Floor
Ensuite
Pieces
Other
Main
No
3
5'11" x 4'11" 3 Pc Bath, Window, Vaulted Ceiling(s)
Special Designation:
Landlease
Sewers:
Septic
Air Conditioning:
None
Central Vacuum:
No
Seller Property Info Statement:
No
Date Listed:
May 06, 2025
Original Price:
Previous Price:
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Listed by CENTURY 21 UNITED REALTY INC.
Data was last updated May 7, 2025 at 04:15 PM (UTC)
DARYL  KING
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Explore Affordable Cottages Across Ontario

These budget-friendly cottages combine comfort, character, and natural surroundings—ideal for families, retirees, or rental investors.

  • Waterfront and inland cottages under $500K
  • Cozy cabins, A-frames, and seasonal retreats
  • Many listings with decks, wood-burning stoves, and lake access
  • Located near popular outdoor destinations like Georgian Bay and Haliburton

Why Choose a Cottage in Ontario Under $500 000?

Ontario’s cottage country offers unmatched natural beauty, four-season recreation, and peaceful communities. Buying within this price range gives you access to:

  • Quiet relaxation and outdoor adventure
  • Strong resale or rental potential
  • Proximity to major cities like Toronto and Ottawa
  • Entry-level pricing for first-time buyers and vacation homeowners

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Buying a cottage involves various considerations, such as understanding property maintenance, seasonal accessibility, and local amenities. Our resources and expert guidance are designed to help you navigate these complexities, ensuring a smooth and informed buying process. We offer advice on inspections, financing options, and long-term investment strategies to help you make the best choice.

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FAQs – Cottages for Sale Ontario Under $500 000

1. Where can I find cottages under $500,000 in Ontario?
Popular areas include Kawartha Lakes, Parry Sound, Haliburton, Bancroft, and some northern regions of Muskoka.

2. Are cottages in this price range year-round or seasonal?
Many are seasonal, but you can find winterized options suited for year-round living at this price point.

3. Can I get waterfront access for under $500,000?
Yes, though most will be smaller properties or located on less-populated lakes or rivers.

4. Is financing a cottage similar to buying a house?
Cottage financing is available but may require different terms depending on seasonal vs. year-round use.

5. Are these good for short-term rentals?
Absolutely. Many buyers purchase affordable cottages in Ontario for Airbnb or VRBO investment potential.