Waterfront Cottage on Lake Dore with 120ft Frontage

Property details for 42 Rutz Lane, North Algona Wilberforce

Type: Residential
Bedrooms: 3
Bathrooms: 1
Lot Size: 123 x 163 FT
Stories: 1.5
Basement: Partial, Walk out, N/A
Parking: No Garage
Heating: Baseboard heaters, Electric
Cooling: Window air conditioner
Exterior: Vinyl siding
Ownership: Freehold
Annual Taxes: $3,328

This is a 1.5-storey house on Lake Dore with 123 feet of waterfront, set on a 123 x 163 ft lot at the end of a quiet cul-de-sac. Inside you'll find 3 bedrooms and 1 bath spread over about 1,700 sq ft (estimate). The main level has an open kitchen/dining/living area, a 3-piece bath with walk-in shower, and the primary bedroom. Upstairs, two more bedrooms are large enough for guests. The walkout basement adds storage and a mudroom, though it needs some finishing. A dry boathouse sits at the water's edge, plus a dock and boat slip, so you're ready for swimming or fishing. The property has vinyl siding, a block foundation, and a wood fireplace-good bones but dated finishes. Heating is electric baseboard, with a window AC for summer. Water comes from a dug well, septic on site. Parking for 4 cars, no garage. Located in a private, wooded setting, it's about 15 minutes to Golden Lake and 25 to Renfrew. Priced at $575,000, below the area's median of $612K, this one's a solid investment for a cottage retreat or a year-round fixer-upper. Taxes are $3,328 annually.

About 42 Rutz Lane, North Algona Wilberforce — Property Score

Strong Investment Great Location

Score: 67/100

Value

Priced 11.5% below area median of $649,950 based on 15 comparable properties nearby 87

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - typical for similarly priced homes 60

1 bathroom - 1 fewer than similarly priced properties nearby 48

20,049 sqft lot - an oversized lot for the area 90

Location

$81K median household income - above the Canadian average of $70K 70

82% of residents hold postsecondary credentials - a highly educated neighbourhood 90

98% homeownership rate - indicating a stable, owner-occupied community 99

48% of residents commute under 30 minutes - good commuting convenience 69

6/km² population density - a rural or semi-rural setting 55

Market

Just listed - area average is 160 days on market 100

-37.4% median price change over 1 month - declining prices in the area 1

14 months of housing supply - 14 active listings with 1 sold last month (buyer's market) 40

Features

4-car garage - area average is 9.4 spots 95

Partial, Walk out, N/A basement - potential for additional finished space 70

baseboard heating throughout 55

Window-unit cooling 50

1 fireplace - a desirable feature for Canadian winters 75

Waterfront, View - premium features that add significant value 80

Investment

0.58% effective tax rate ($3,328/yr) - very low tax burden 83

Quality

Condition

Listing

50 photos provided - 19% more than the area average of 42 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.