Pine-Walled Waterfront Cottage on Quiet Skin Lake

Property details for 1052 Skin Lake Drive, Algonquin Highlands

Type: Residential
Style: Bungalow
Bedrooms: 3
Bathrooms: 1
Lot Size: 100 x 324 FT
Stories: 1
Basement: None
Parking: No Garage
Heating: Baseboard heaters, Electric, Wood
Cooling: None
Exterior: Wood
Ownership: Freehold
Annual Taxes: $2,410

This 3-season bungalow on Skin Lake is all about the water. You've got 100 feet of frontage with a sandy entry that deepens off the dock, and the inside is wrapped in warm pine. The screened porch is where you'll live in summer, and the open living/dining/kitchen flows to a deck through glass sliders. Three bedrooms, one 3-piece bath, plus a bunkie for extra guests. Wood stove was installed in 2019. It comes fully furnished with kayaks, canoes, a paddleboard, even a couple sheds. High-speed internet's here if you need to work remotely, but you'll probably be on the lake. Downtown Dorset is 12 minutes away, and it's about 35 to Algonquin's west gate or Huntsville. Taxes run $2,410/year. Priced at $699,000, which seems fair for the privacy and the Crown land nearby.

About 1052 Skin Lake Drive, Algonquin Highlands — Property Score

Strong Investment Hot Market Well Priced

Score: 69/100

Value

Priced 22.3% below area median of $899,999 based on 17 comparable properties nearby 100

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

32,400 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 86 days on market 100

+38.6% median price change over 1 month - rising prices in the area 100

49 months of housing supply - 49 active listings with 1 sold last month (buyer's market) 40

Features

4-car garage - area average is 8.8 spots 95

None basement 30

baseboard heating throughout 55

None 30

1 fireplace - a desirable feature for Canadian winters 75

Waterfront, View - premium features that add significant value 80

Investment

0.34% effective tax rate ($2,410/yr) - very low tax burden 90

+59.6% 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

50 photos provided - 25% more than 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.