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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625 Bentley Lake Road
Cochrane Cochrane P0L 1C0

$249,900
Residential Freehold beds: 1 baths: 1.0

Main Photo: 625 Bentley Lake Road: Cochrane House for sale : MLS®# T12285098
Photo 1: 625 Bentley Lake Road: Cochrane House for sale : MLS®# T12285098
Photo 2: 625 Bentley Lake Road: Cochrane House for sale : MLS®# T12285098
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Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
T12285098
Bedrooms:
1
Bathrooms:
1
Escape to a serene 1.82-acre waterfront retreat on Lake Louise in Northern Ontario. This well-kept seasonal cottage offers the perfect mix of privacy, natural beauty, and comfort. Located just 25 minutes from Cochrane, the property is accessible via a concession road that leads to a non-maintained roadway (approx. 1km) ensuring a quiet, off-the-grid lifestyle. This off-grid 36x16 cottage comes fully equipped with a remote generator system, solar-powered water pump, wood stove, propane heating, flushing toilet, AC, hot water on demand, propane fridge, stove and furniture making this rustic property both functional and cozy. There is plenty of room for the family or friends to join you with separate camper hookups. Enjoy fishing, boating and swimming right off your private dock. With easy access to the OFSC snowmobile trail system, many lakes and the Abitibi River, you'll enjoy the northern Ontario outdoors at its best. This property is ideal for outdoor enthusiasts, and anyone looking for a weekend retreat or seasonal getaway. It comes turn-key (excluding the owners personal property), so you can start enjoying your new retreat right away.
Property Type:
Residential Freehold
Property Sub Type:
Other
Home Style:
Bungalow
Total Approx Floor Area:
< 700
Lot Size:
.50-1.99
Depth:
108'11"
Frontage:
336'7"
Lot Shape:
Irregular
Direction Faces:
North
Bedrooms:
1
Bathrooms:
1.0
Water supply:
Other
Kitchens:
1
Bedrooms Above Grade:
1
Kitchens Above Grade:
1
Rooms Above Grade:
3
Zoning:
RU
Heating Fuel:
Wood
Foundation:
Not Applicable
Roof:
Metal
Fireplace Features:
Wood Stove
Fireplace/Stove:
Yes
Alternative Power:
None
Garage:
None
Garage Spaces:
0.0
Parking Spaces:
10
Total Parking Spaces:
10.0
Possession Details:
TBD
Pool:
None
HST Applicable To Sale Price:
In Addition To
Taxes:
$1,274.44 / 2024
Assessment:
$- / -
Cochrane
Cochrane
Cochrane
On Demand Water Heater
Unknown
Propane fridge & stove, AC wall unit, 16 Foot boat, Napoleon woodstove, Solar panels, Water pump system, Dock, Dishes and furniture, Any wood left on the property at time of sale, 2xBBQ, Smoker, Patio furniture, Bar fridge, Variety of tools to maintain the property, Dishes, Remote generator.
Sellers personal property, lawnmower, enclosed trailer
Metal/Steel Siding
Dock
Direct
Mixed
Owned
Lake
Direct
Seasonal Municipal Road
Louise Lake
Lake
Not Applicable
Private
Floor
Type
Size
Other
Main
Bedroom
15'5" × 10'1¼"
Main
Kitchen
15'2" × 6'3"
Utilities Cable:
No
Utilities Telephone:
No
Utilities Gas:
No
Utilities Hydro:
No
Utilities Water:
No
Water Supply Types:
Lake/River
Sewers:
No
Special Designation:
Unknown
Sewers:
None
Air Conditioning:
Wall Unit(s)
Central Vacuum:
No
Seller Property Info Statement:
Yes
Date Listed:
Jul 15, 2025
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Listed by REVEL REALTY INC.
Data was last updated July 16, 2025 at 01:15 PM (UTC)
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.