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.
900 Brendan's Island
Lanark
K0A 3L0
$199,900
Residential Freehold
beds: 2
baths: 1.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- X12289186
- Bedrooms:
- 2
- Bathrooms:
- 1
- Photos (31)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
- Property Type:
- Residential Freehold
- Property Sub Type:
- Detached
- Home Style:
- Bungalow
- Total Approx Floor Area:
- < 700
- Lot Size:
- 2-4.99
- Depth:
- 0'
- Frontage:
- 0'
- Direction Faces:
- West
- Bedrooms:
- 2
- Bathrooms:
- 1.0
- Water supply:
- None
- Kitchens:
- 1
- Bedrooms Above Grade:
- 2
- Kitchens Above Grade:
- 1
- Rooms Above Grade:
- 5
- Zoning:
- Recreational
- Heating type:
- Other
- Heating Fuel:
- Wood
- Fireplaces:
- 2
- Foundation:
- Piers
- Roof:
- Metal
- Basement:
- None
- Fireplace Features:
- Wood Stove
- Fireplace/Stove:
- Yes
- Alternative Power:
- Solar Power
- Garage:
- None
- Garage Spaces:
- 0.0
- Other Structures:
- Gazebo, Garden Shed, Shed
- Parking Features:
- None
- Parking Spaces:
- 0
- Total Parking Spaces:
- 0.0
- Family Room:
- No
- Possession Details:
- Immediate
- Pool:
- None
- Link:
- No
- HST Applicable To Sale Price:
- Included In
- Taxes:
- $1,824 / 2024
- Assessment:
- $- / -
- Lanark Highlands
- 917 - Lanark Highlands (Darling) Twp
- Lanark
- Island, Wooded/Treed, Part Cleared
- On Demand Water Heater, Water Heater Owned, Primary Bedroom - Main Floor, Solar Owned
- Deck, Privacy, Seasonal Living, Recreational Area
- Unknown
- none
- propane firidge, propane stove, propane on-demand water heater, woodstove, cookstove, dock, gazebo, chemical toilet, solar power equipment, bbq, most furnishings & contents, canoe, kayak, storage sheds
- some furnishings or contents with sentimental attachment
- Vinyl Siding
- Dock, Island
- Direct
- Clean, Natural, Deep
- None
- Lake, Meadow, Trees/Woods, Water
- Direct
- By Water, Water Only
- White Lake
- Lake
- Not Applicable
- Private
- Floor
- Type
- Size
- Other
- Main
- Living Room
- 11'4" × 5'9"
- Main
- Sitting
- 7'7" × 7'7"
- W/O To Deck, Wood Stove
- Main
- Kitchen
- 11'7" × 11'5"
- Wood Stove
- Main
- Primary Bedroom
- 8'8" × 7'7"
- Main
- Bedroom 2
- 11'7" × 7'4"
- Main
- Foyer
- 5'6" × 3'3"
- W/O To Yard
- Floor
- Ensuite
- Pieces
- Other
- Main
- No
- -
- 3'3" x 5'6"
- Utilities Hydro:
- No
- Water Supply Types:
- Lake/River
- Special Designation:
- Unknown
- Sewers:
- None
- Air Conditioning:
- None
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
-
Welcome to Brendan's Island, White Lake, ON -
Cozy 2 bedroom off-grid cottage on island
-
Vinyl siding on cottage
-
Deck redone a few years ago
-
Gazebo down near the dock
-
Photo 6 of 31
-
Power shed with solar panels & equipment
-
Picnic table near power shed & swimming spot
-
Outdoor shower & pedestal tub
-
Outhouse
-
Vinyl Shed
-
Swimming spot with southern exposure
-
Firepit area on north end of Island
-
Waterfront near fire pit area
-
Photo 15 of 31
-
Photo 16 of 31
-
Photo 17 of 31
-
Photo 18 of 31
-
Photo 19 of 31
-
Photo 20 of 31
-
Photo 21 of 31
-
Photo 22 of 31
-
Photo 23 of 31
-
Photo 24 of 31
-
Photo 25 of 31
-
Photo 26 of 31
-
Photo 27 of 31
-
Photo 28 of 31
-
Photo 29 of 31
-
Drone shot facing north with 3 Mile Bay off to lef
-
Drone shot facing south towards Sunset Bay
- Listings on market:
- 18
- Avg list price:
- $827,450
- Min list price:
- $199,900
- Max list price:
- $1,650,000
- Avg days on market:
- 64
- Min days on market:
- 1
- Max days on market:
- 226
- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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:
- Condos for Sale in Toronto Under $350K
- Waterfront Cottages for Sale in Ontario under $300000
- Houses for Sale Richmond Hill under $500000
- Houses for Sale near Caledonia and Eglinton West
- Condos for Sale in Toronto Under $400K
- Aurora Homes For Sale
- Bradford Homes For Sale
- King City Homes For Sale
- Markham Homes For Sale
- Newmarket Homes For Sale
- Richmond Hill Homes For Sale
- Thornhill Homes For Sale
- Toronto Homes For Sale
- Brampton Homes For Sale
- Uxbridge Homes For Sale
- Vaughan Homes For Sale
- Stouffville Homes For Sale
- Mississauga Homes For Sale
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.