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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LOT 1 HIGHWAY 124
Hagerman Parry Sound P0A 1G0

$109,000
Residential Freehold beds: 0 baths: 0.0

Main Photo: LOT 1 HIGHWAY 124 in Parry Sound: Hagerman House for sale (Whitestone)  : MLS®# X12114928
Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
X12114928
Beautiful newly created and approved building lot in Whitestone municipality on sought after HWY 124. Located in a great area, only seconds from the elementary school and minutes from the public beach, Duck Rock Resort and gas station, Whitestone nursing station LCBO and the municipal office to name a few of the amenities in the area. Located on a paved road build you dream home or your cottage country get away with year round access and enjoyment! There is HST on the purchase price
Property Type:
Residential Freehold
Property Sub Type:
Vacant Land
Lot Size:
2-4.99
Depth:
0'
Frontage:
262'
Lot Details:
0 x 262
Topography:
Wooded/Treed
Direction Faces:
North
Bedrooms:
0
Bathrooms:
0.0
Water supply:
None
Kitchens:
0
Ensuite Laundry:
No
Zoning:
RDU
Fireplaces:
0
Cooling:
No
New Construction:
No
Roof:
Unknown
Fireplace/Stove:
No
Garage Spaces:
0.0
Total Parking Spaces:
0.0
Possession Details:
Flexable
Pool:
None
HST Applicable To Sale Price:
In Addition To
Taxes:
$0 / 2024
Assessment:
$- / -
Whitestone
Hagerman
Parry Sound
Hospital
None
No
None
Paved Road, Year Round Municipal Road
Utilities Cable:
No
Utilities Telephone:
Available
Utilities Gas:
No
Utilities Hydro:
Available
Utilities Water:
No
Sewers:
Available
Special Designation:
Unknown
Sewers:
None
Central Vacuum:
No
Seller Property Info Statement:
No
Date Listed:
May 01, 2025
Original Price:
Previous Price:
  • Photo 1: LOT 1 HIGHWAY 124 in Parry Sound: Hagerman House for sale (Whitestone)  : MLS®# X12114928
    Photo 1 of 1
Listed by RE/MAX Parry Sound Muskoka Realty Ltd
Data was last updated May 7, 2025 at 01:15 AM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$149,450
Min list price:
$109,000
Max list price:
$634,900
Avg days on market:
24
Min days on market:
5
Max days on market:
390
These statistics are generated based on the current listing's property type and located in Hagerman. Average values are derived using median calculations.
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

Navigating the Cottage Buying Process

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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If you’re selling a cottage in Ontario, our platform offers exceptional exposure to a targeted audience of potential buyers. We utilize advanced marketing techniques to highlight the key features and benefits of your property, ensuring it stands out in the market. Our goal is to connect you with interested buyers efficiently, facilitating successful and profitable transactions.

Start Your Cottage Search Today

Ready to escape the city hustle? Browse our up-to-date listings of Ontario cottages under $500,000 and connect with real estate experts who can guide you to the right property.

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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.