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For Sale

3491A Axe Lake Road

Monteith, McMurrich/Monteith, ON
$950,000
3Bd
1Ba
1,750+sqft
9Parking
110 x 255.34 ftlot
$543/sqft
DetachedMLS# X12853180Listed 2026-03-0658 DOM
Heating
Water Heater Owned

On the market for 58 days — longer than average. The seller may be open to negotiation.

About this home

Experience peaceful lakeside living on the south-facing shores of Meadow Lake, also known as Meads Lake.This year-round off-grid log home sits on approximately 110 feet of beautiful waterfront and offers exceptional privacy, with Crown land bordering the property to the west. Located within a friendly lake community known for its calm waters and relaxed atmosphere, Meadow Lake provides a quiet setting away from the noise and heavy traffic often found on larger lakes.Owned and enjoyed by the same family since 1954 and used as a full-time residence for the past six years, the property blends classic cottage charm with thoughtful updates for comfortable year-round living. Inside, the home features a spacious open-concept layout with ample room for gathering and entertaining.The main living areas are oriented toward the water, filling the space with natural light and showcasing scenic lake views.French garden doors open to a bright three-season sunroom, creating a welcoming place to relax and enjoy the peaceful surroundings. From there, step out onto the lakeside deck-perfect for summer barbecues, entertaining friends, or simply taking in the tranquil waterfront setting.After a day on the lake or exploring nearby trails, unwind in the private sauna or soak in the lakeside hot tub.A standout feature of the property is the impressive three-car garage with loft space, offering excellent storage and versatile workspace. A separate finished room, currently used as a home gym, could easily serve as a home office, studio, or games room.Despite its private setting, the property is just 15 minutes from the village of Sprucedale for groceries, fuel, LCBO, and local essentials. Huntsville and Parry Sound are both about one hour away for shopping, dining, and amenities. Outdoor enthusiasts will appreciate nearby access to the Seguin Trail in Bear Lake for ATV riding in summer and snowmobiling in winter.Discover the perfect balance of privacy, nature, and year-round lakeside living.

GarageWaterfront

Rooms

Main Floor
Primary Bedroom3.66 × 4.32 m
Bedroom3.18 × 2.54 m
Bedroom3.08 × 2.53 m
Living Room6.32 × 7.76 m
Kitchen3.60 × 4.56 m
Dining Room3.60 × 5.75 m
Sunroom3.35 × 4.87 m
Bathroom2.08 × 2.62 m
Utility Room2.08 × 1.89 m

Features

  • Carpet Free
  • Other
  • Primary Bedroom - Main Floor
  • Propane Tank
  • Solar Owned
  • Water Heater Owned
  • Deck
  • Hot Tub
  • Porch Enclosed
  • Privacy
  • Recreational Area
  • Year Round Living
  • None
  • Log

Financials

Annual Taxes
$3,932

Estimated Rental Income

Entire property$3,200 – $4,800/mo
Rental yield4.0% – 6.1%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — McMurrich/Monteith

Days on market58 days
Buyer's MarketSeller's Market

Based on active listings in McMurrich/Monteith. Data updates daily.

Our estimate for this home

Priced 16.2% below estimate
Estimated range
$1.05M$1.22M
Mid-point $1.13M · ~$648/sqft
How this listing compares
$1.05MList · $950K$1.22M
High confidence·Based on 5580 gta-wide comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$950,000
3491A Axe Lake Road, McMurrich/Monteith
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