$ 949,000

500ft River Frontage with Walkout Basement near Algonquin

Property details for 4400 518 Highway East, Kearney

Type
Residential
Style
Bungalow
Bedrooms
4
Bathrooms
3
Lot Size
476 FT
Stories
1
Basement
Finished, Full, Walk out
Parking
Attached Garage, Garage
Heating
Propane
Cooling
Central air conditioning, Air exchanger
Exterior
Wood, Stone
Ownership
Freehold

This bungalow sits on 476 feet of Magnetawan River frontage, and it's the kind of place where you'll actually use the canoe every weekend. The main floor has an open layout with vaulted ceilings and exposed wood beams, plus a stone propane fireplace that anchors the living room. You get three bedrooms up here, including a primary suite with a walk-in closet and a spa-style ensuite. The kitchen and dining area open to a full-length deck and a Muskoka room, so those river views are with you from morning coffee to evening drinks. Head downstairs and it's a whole other zone: a big family room, a games area with a 12-foot wet bar, and a fourth bedroom or den. In-floor heating keeps it cozy in the winter, and the walkout leads straight to the yard. There's also a full bath down there. The house is finished with wood and stone outside, and the detached garage has room for 10 vehicles, so you've got space for toys. It's on a drilled well with a septic system, and central air handles the summer heat. You're about 1.3 km from Almaguin Highlands Ontario Inc. and 3.5 km from Lighthouse Campground, with Kearney just minutes away. Three access points to Algonquin Park are close, and you can hit snowmobile trails right from your door. Active listings nearby are scarce, with just one other place for sale in the area, and this one's priced at $999,900. It's a solid setup for year-round living or a cottage that gets real use.

About 4400 518 Highway East, Kearney — Property Score

67
Hot Market Feature Rich
Score: 67/100
Value
50
Stable pricing - no price changes since original listing date 50
Size
60
4 bedrooms 60
3 bathrooms 60
Location
68
$54K median household income - below the Canadian average of $70K 57
77% of residents hold postsecondary credentials - a highly educated neighbourhood 85
87% homeownership rate - indicating a stable, owner-occupied community 91
30% of residents commute under 30 minutes - longer average commute times 54
2/km² population density - a rural or semi-rural setting 55
Market
95
Just listed - area average is 113 days on market 100
+342.1% median price change over 1 month - rising prices in the area 100
1 months of housing supply - 1 active listings with 1 sold last month (seller's market) 85
Features
81
10-car garage - area average is 10.9 spots 95
Finished, Full, Walk out basement - adds valuable living space 85
Propane 60
Central air conditioning - whole-home cooling 90
1 fireplace - a desirable feature for Canadian winters 75
Waterfront, View - premium features that add significant value 80
Investment
73
0% effective tax rate ($0/yr) - very low tax burden 100
13% renter population - primarily owner-occupied area 45
Quality
50
Condition
50
Listing
84
50 photos provided - 14% more than the area average of 44 photos 92
5 of 7 key property details provided (71%) - good detail coverage 76

* 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.

Full Listing Description

All Property Details

Neighbourhood Census Data

McMurrich/Monteith, Ontario

Population
398
Median Age
55.6
Median Income
$26,560
Dwelling Value
$210,092

Housing Tenure

Owners 87%
Renters 13%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2
Pop. Density: 2.3/km²
Avg Shelter Cost: $872/mo
Owners with Mortgage: 47.1%
Owners Spending 30%+: 20.6%
Tenants Spending 30%+: 80%
English only: 92.5%
English and French: 6.3%
Neither: 1.3%
Median Household Income: $54,400
Median Employment Income: $21,312

Price History

Contact Agent Get in touch about 4400 518 Highway East, Kearney

MICHELLE GRAVELLE-DORAN
MICHELLE GRAVELLE-DORAN
Royal LePage Quest

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