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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68 85 Theme Park Drive
Wasaga Beach Wasaga Beach L9Z 1X7

$99,900
Residential Freehold beds: 2 baths: 1.0

Main Photo: 68 85 Theme Park Drive: Wasaga Beach House for sale : MLS®# S12949138
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Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
S12949138
Bedrooms:
2
Bathrooms:
1
Northlander Cottager nestled within the serene beauty of Wasaga CountryLife Resort. This immaculately maintained 2-bedroom seasonal cottage offers a tranquil escape amidst the natural splendor of Ontario's cottage country. The spacious and bright sunroom welcomes you with its abundance of natural light, making it a perfect retreat for relaxation or entertainment. Step outside to your own private oasis - a covered 12 x 22ft deck with privacy shades, where you can savor the tranquil surroundings in comfort and seclusion. Situated on a private forested lot, this cottage is the epitome of peace and tranquility. But the allure doesn't stop at your doorstep. Wasaga CountryLife Resort itself is a haven of amenities, including 5 pools, a splash pad, and playgrounds, ensuring endless enjoyment for families and friends. Even more enticing, this remarkable property is just a leisurely stroll away from the magnificent Wasaga Beach, providing you with the perfect blend of lakeside living and the tranquility of a forested retreat. Don't miss this rare opportunity to own a piece of paradise in one of Ontario's most sought-after resort communities. Resort open from April 25th-Nov 16th 2025 Seasonal site fees are $6,420
Property Type:
Residential Freehold
Property Sub Type:
MobileTrailer
Home Style:
Other
Total Approx Floor Area:
< 700
Lot Depth:
0'
Lot Frontage:
0'
Direction Faces:
West
Bedrooms:
2
Bathrooms:
1.0
Water supply:
Municipal
Kitchens:
1
Bedrooms Above Grade:
2
Kitchens Above Grade:
1
Rooms Above Grade:
6
Heating type:
Forced Air
Heating Fuel:
Propane
Foundation:
Piers
Roof:
Asphalt Shingle
Basement:
None
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Spaces:
2
Total Parking Spaces:
2.0
Family Room:
No
Pool:
Community, Indoor, Outdoor
HST Applicable To Sale Price:
Not Subject to HST
Taxes:
$0 / 2026
Assessment:
$- / -
Simcoe
Wasaga Beach
Wasaga Beach
None
Refrigerator, Stove
Vinyl Siding
Trees/Woods
Floor
Type
Size
Other
Main
Kitchen
14'1" × 4'11"
Main
Living Room
15' × 11'8"
Main
Bedroom
7'9" × 6'5"
Main
Bedroom
9'7" × 7'10"
Main
Sunroom
14' × 10'
Special Designation:
Landlease
Sewers:
Sewer
Air Conditioning:
Central Air
Central Vacuum:
No
Seller Property Info Statement:
No
Date Listed:
Apr 02, 2026
Original Price:
Previous Price:
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Listed by RE/MAX By The Bay Brokerage
Data was last updated April 6, 2026 at 06:15 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$157,500
Min list price:
$110,000
Max list price:
$349,900
Avg days on market:
52
Min days on market:
4
Max days on market:
529
These statistics are generated based on the current listing's property type and located in Wasaga Beach. Average values are derived using median calculations. This data is not produced by the MLS® system.
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.