Wood Siding 1970s Cottage on 1+ Acre near Kushog Lake

Property details for 1131 Kanawa Lane, Algonquin Highlands

Type: Residential
Bedrooms: 3
Bathrooms: 1
Lot Size: 325 x 162 FT
Stories: 2
Basement: Unfinished, Full, Separate entrance, N/A, N/A
Parking: Detached Garage, Garage
Heating: Forced air, Oil
Cooling: None
Exterior: Wood
Ownership: Freehold
Annual Taxes: $1,723

Just past Camp Kandalore, you'll find this 1970s wood-siding home on more than an acre, with 50+ acres of Ministry land right beside it. It's a 3-bed, 1-bath layout with 325 feet of frontage, but the real draw is the sunken living room with a loft ceiling and propane fireplace. Walls of windows bring the forest in, and the sunroom is great for morning coffee or watching snow fall. The main floor also has a kitchen, dining area, and a bathroom. Upstairs, three bedrooms share that single bath. The full, unfinished walk-out basement is ready for your ideas. Outside, you get a large deck, a garden shed, and a detached garage with attached carport. Plus, deeded access to Kushog Lake includes a dock and sandy beach, with a two-lake chain for boating. Snowmobile trails are close by for winter. Heated by oil forced air, it's priced at $595,000, under the nearby median of $662,500. Taxes run $1,723 annually. It's a solid choice for a four-season retreat or year-round living with room to grow.

About 1131 Kanawa Lane, Algonquin Highlands — Property Score

Strong Investment Hot Market

Score: 69/100

Value

Priced 1.9% above area median of $584,000 based on 22 comparable properties nearby 67

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - typical for similarly priced homes 60

1 bathroom - typical for similarly priced properties 60

52,650 sqft lot - an oversized lot for the area 90

Location

$48K median household income - below the Canadian average of $70K 54

78% of residents hold postsecondary credentials - a highly educated neighbourhood 87

37% homeownership rate - a renter-majority neighbourhood 56

45% of residents commute under 30 minutes - good commuting convenience 66

8,991/km² population density - an urban neighbourhood 65

Market

Just listed - area average is 33 days on market 100

+15.3% median price change over 1 month - rising prices in the area 100

50 months of housing supply - 50 active listings with 1 sold last month (buyer's market) 40

Features

13-car garage - more than the area average of 8.6 spots 95

Unfinished, Full, Separate entrance, N/A, N/A basement - adds valuable living space 85

standard forced air system 75

None 30

1 fireplace - a desirable feature for Canadian winters 75

Waterfront - premium features that add significant value 70

Investment

0.29% effective tax rate ($1,723/yr) - very low tax burden 91

+16.3% area price change year-over-year - strong appreciation in Algonquin Highlands 100

61% renter population - strong rental demand in this area 100

Quality

Condition

Listing

39 photos provided - below the area average of 40 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.