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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5 Triple L Lane

572 - Brudenell/Lyndoch/Raglan Renfrew K0J 2A0

$439,000

Residential Freehold beds: 2 baths: 1.0

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• Details
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Status:

Active

Prop. Type:

Residential Freehold

MLS® Num:

X12373540

Bedrooms:

2

Bathrooms:

1

• Photos (20)

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Welcome to your perfect lakeside escape on the crystal-clear waters of beautiful Lorwall Lake. An exclusive, no-public-access lake known for its incredible firm sand bottom, clean water, fishing and peaceful surroundings. This charming fully furnished 3-season cottage offers 2 bedrooms and 1 bathroom, and has been thoughtfully updated with a long list of recent renovations that blend modern convenience with classic cottage charm. Inside, you'll find durable vinyl flooring, upgraded light fixtures, and most windows replaced to let in plenty of natural light. The walls have been insulated and finished with warm tongue-and-groove pine, adding both comfort and character. The kitchen has been refreshed with modern appliances, a new tap, and refinished cabinets, making it both functional and inviting. A fresh coat of exterior paint gives the cottage a crisp, clean curb appeal that fits perfectly with the natural surroundings. Outside, on approx. 100ft of shoreline, 3 sections of dock provide ample space to relax by the water, cast a line, or launch your boat. Whether you're sipping your morning coffee on the deck or enjoying a sunset paddle, life on Lorwall Lake is all about slowing down and enjoying the moment. This cottage is the ideal weekend retreat or summer getaway. With no public access to the lake, you'll enjoy unmatched privacy and serenity. 24 hr irrevocable.

General Info:

Property Type:

Residential Freehold

Property Sub Type:

Detached

Home Style:

Bungalow

Total Approx Floor Area:

< 700

Lot Size:

<.50

Depth:

164'10"50.2 m

Frontage:

100'30.5 m

Direction Faces:

North

Bedrooms:

2

Bathrooms:

1.0

Water supply:

Other

Kitchens:

1

Bedrooms Above Grade:

2

Kitchens Above Grade:

1

Rooms Above Grade:

4

Additional Info:

Heating type:

Baseboard

Heating Fuel:

Electric

Foundation:

Unknown

Roof:

Metal

Basement:

None

Fireplace/Stove:

No

Alternative Power:

None

Garage:

None

Garage Spaces:

0.0

Other Structures:

Storage

Parking Spaces:

3

Total Parking Spaces:

4.0

Family Room:

No

Possession Details:

TBD

Pool:

None

Link:

No

Financial Info:

HST Applicable To Sale Price:

Included In

Assessment Year:

2024

Taxes:

$2,116 / 2024

Assessment:

$- / 2024

Listing Area:

Brudenell, Lyndoch and Raglan

Listing Sub-Area:

572 - Brudenell/Lyndoch/Raglan

County Or Parish:

Renfrew

Interior Features:

None

Easement/ Restrictions:

Unknown

Rental Items:

none

Inclusions:

Stove, microwave, fridge, 2 sections of dock, picnic table, fully furnished

Exterior Finish:

Wood

Waterfront Features:

Dock

Waterfront:

Direct

Shoreline:

Clean, Sandy, Hard Bottom

Shoreline Allowance:

None

Water View:

Direct

Access to property:

Private Road

Water Body Name:

Lorwall Lake

Water Body Type:

Lake

Water Delivery Features:

UV System

Waterfront Accessory Buildings:

Not Applicable

Docking Type:

Private

Other Details:

Utilities Gas:

No

Utilities Hydro:

Yes

Utilities Water:

No

Water Supply Types:

Lake/River

Sewers:

No

Special Designation:

Unknown

Sewers:

Septic

Air Conditioning:

None

Central Vacuum:

No

Seller Property Info Statement:

No

Ensuite Laundry:

No

Listing Info:

Date Listed:

Sep 02, 2025

Original Price:

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Previous Price:

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Listed by SIGNATURE TEAM REALTY LTD.

Data was last updated September 3, 2025 at 12:15 AM (UTC)

Area Statistics

Listings on market:

13

Avg list price:

$510,000

Min list price:

$154,000

Max list price:

$960,000

Avg days on market:

48

Min days on market:

12

Max days on market:

232

These statistics are generated based on the current listing's property type and located in 572 - Brudenell/Lyndoch/Raglan. Average values are derived using median calculations. This data is not produced by the MLS® system.

Get market change alerts

• DARYL KING
• RE/MAX HALLMARK REALTY LIMITED
• 1 (905) 9075464
• homes@darylking.com

This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.

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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.

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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.