Waterfront Cottage on Mississippi Lake with Garage Loft

Property details for 193 Pretties Island Road, Drummond/north Elmsley

Type: Residential
Style: Bungalow
Bedrooms: 2
Bathrooms: 2
Lot Size: 81.6 x 259.6 FT
Stories: 1
Basement: Unfinished, Crawl space
Parking: Detached Garage, Garage
Heating: Forced air, Propane
Cooling: None
Exterior: Hardboard
Ownership: Freehold
Annual Taxes: $3,743 (2025)

Just off Pretties Island Road, you're a 4-minute drive from McCreary's Beach Resort and 8 minutes from Carleton Place Airport. This bungalow sits on a 40.5 x 259.6 ft lot with 100 feet of clean shoreline on Mississippi Lake. The main floor has 2 bedrooms and 2 baths (one partial), with a forced-air propane furnace. Inside, you'll find a functional kitchen with a new dishwasher and a cozy living area overlooking the water. The exterior is hardboard, and the foundation is wood, so it's a true cottage vibe. Out back, a detached garage has parking for 5 cars plus a spacious loft above-unfinished but loaded with potential for a studio or extra storage. The lot is deep and mostly flat, perfect for lakeside gatherings. Priced at $599,900, it's the only active listing in the area, so you've got the market to yourself. Taxes run $3,743 a year. While the basement is just a crawl space, the property itself is solid and ready for summer. If you're looking for a weekend getaway or an investment, this spot checks out.

About 193 Pretties Island Road, Drummond/north Elmsley — Property Score

Great Location

Score: 63/100

Value

Priced 0.2% above area median of $599,000 based on 15 comparable properties nearby 70

Stable pricing - no price changes since original listing date 50

Size

2 bedrooms - 1 fewer than similarly priced 3-bedroom homes nearby 48

2 bathrooms - typical for similarly priced properties 60

10,514 sqft lot - an oversized lot for the area 90

Location

$81K median household income - above the Canadian average of $70K 71

87% of residents hold postsecondary credentials - a highly educated neighbourhood 94

93% homeownership rate - indicating a stable, owner-occupied community 95

41% of residents commute under 30 minutes - good commuting convenience 63

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

Market

Just listed - area average is 66 days on market 100

-13.5% median price change over 1 month - declining prices in the area 1

57 months of housing supply - 57 active listings with 1 sold last month (buyer's market) 40

Features

5-car garage - area average is 8.9 spots 95

Unfinished, Crawl space basement - adds valuable living space 85

standard forced air system 75

None 30

Waterfront, View - premium features that add significant value 80

Investment

0.62% effective tax rate ($3,743/yr) - below the Canadian average of ~1% 81

9% renter population - primarily owner-occupied area 40

Quality

Condition

Listing

37 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.