Raised bungalow with in-law suite on 3.7 acres near McDonald's Corners

Property details for 5195 Mcdonald's Corners Road, Lanark Highlands

Type: Residential
Style: Raised bungalow
Bedrooms: 5
Bathrooms: 3
Lot Size: 217.9 x 190.7 FT
Stories: 1
Basement: Finished, Separate entrance, Walk out, N/A, N/A
Parking: Garage, Carport
Heating: Heat Pump, Forced air, Propane, Other
Cooling: Central air conditioning
Exterior: Vinyl siding
Ownership: Freehold
Annual Taxes: $3,636 (2025)

This place has a separate in-law suite built in 2012, good for family or rental income. It's a raised bungalow with 5 beds and 3 baths spread over 3,700 square feet on 3.7 acres. Photos show vinyl siding, a finished walkout basement with its own entrance, and two fireplaces. You get a big detached steel carport, 30 by 30 feet, plus parking for 9 vehicles total. Appliances include two stoves and two refrigerators. It's 4.3 km from Wheelers Pancake House and Sugar Camp. Perth is 22 minutes away for shopping. Listed at $740,000, it's priced at the local median with low competition.

About 5195 Mcdonald's Corners Road, Lanark Highlands — Property Score

Feature Rich Spacious

Score: 65/100

Value

Priced 5.7% above area median of $699,900 based on 3 comparable properties nearby 61

Stable pricing - no price changes since original listing date 50

Size

5 bedrooms - 2 more than similarly priced 3-bedroom homes nearby 84

3 bathrooms - 1 more than similarly priced properties nearby 72

41,554 sqft lot - an oversized lot for the area 90

Location

$61K median household income - near the Canadian average of $70K 61

84% of residents hold postsecondary credentials - a highly educated neighbourhood 92

95% homeownership rate - indicating a stable, owner-occupied community 97

25% of residents commute under 30 minutes - longer average commute times 50

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

Market

Just listed - area average is 168 days on market 100

-18.9% 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

9-car garage - more than the area average of 7.1 spots 95

Finished, Separate entrance, Walk out, N/A, N/A basement - adds valuable living space 85

standard forced air system 75

Central air conditioning - whole-home cooling 90

2 fireplaces - a desirable feature for Canadian winters 85

Pool - premium features that add significant value 65

Investment

0.49% effective tax rate ($3,636/yr) - very low tax burden 85

5% renter population - primarily owner-occupied area 36

Quality

Condition

Listing

48 photos provided - 23% more than the area average of 39 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.