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Lots & Land in McDougall
About 0 Mill Lake Trail
BUILDING LOT - McDougall - Just Minutes from Parry Sound. Some properties simply feel right the moment you arrive. This 5.6-acre parcel offers the space, privacy, and flexibility to create something that fits the way you want to live. Level and naturally treed, the property has already had some thoughtful preparation completed. A driveway is in place, and two areas have been cleared with a future home and garage in mind. Whether you're dreaming of a quiet weekend retreat or a full-time home surrounded by nature, there are several excellent building sites to choose from. Bring your plans and build at your own pace. The original vision for this property was an off-grid escape, but hydro is available at the road if you'd prefer the convenience of connecting (the cost to bring service to the lot is unknown).Access is straightforward year-round. Burnside Bridge Road is municipally maintained, and Mill Lake Trail is a private road with an annual association fee of approximately $750 to help keep it in excellent condition. If you've been waiting for a piece of land where you can slow down, breathe a little deeper, and build something that feels like home, this could be exactly what you've been looking for. Reach out - we would be happy to walk the property with you and talk through the possibilities.
McDougall land priced at $199,000 — book a tour to see if it fits your search.
Inside 0 Mill Lake Trl
Every detail from the listing, in one place.
Type
Land
Parking
6 spaces
Features & systems
Parking & garage
Parking spaces
6
Lot & land
Lot size (sqft)
5.6
Listing & possession
Property class
Vacant Land
0 Mill Lake Trl Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$978
/mo
based on the purchase price of $199,000
$39,800 cash
$159,200 financed
$134,088 total interest
Principal54%$159,200
Interest46%$134,088
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Book a tour of 0 Mill Lake Trl with a licensed buyer's agent
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Zara · AI virtual agent
Ask about 0 Mill Lake Trl day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
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Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market57Homes sold in about 57 days on average.
Sale-to-list ratio95.1%On average, homes sold below asking.
Active listings55Homes for sale here right now.
Median vs prior 90 days+39.4%Compared with Apr 18 – Jul 17, 2026: prices up.
Based on 24 sales from Jul 17 – Oct 15, 2026 (16 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 0 Mill Lake Trl
How much is 0 Mill Lake Trl listed for?
0 Mill Lake Trl is listed at $199,000 (MLS® X12970400). Summitly updates the price as soon as the MLS® record changes.
Has the price of 0 Mill Lake Trl changed?
Yes — it was first listed at $225,000 and is now $199,000, a drop of $26,000 (11.6%).
How many bedrooms and bathrooms does 0 Mill Lake Trl have?
The listing for 0 Mill Lake Trl doesn't publish its bedroom and bathroom count. It is a lot in McDougall.
How much would the monthly mortgage be on 0 Mill Lake Trl?
About $978 a month — principal and interest on $199,000 with 20% down ($39,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 0 Mill Lake Trl compare with other homes in McDougall?
Its asking price of $199,000 is about 71% below the median sold price in McDougall over the last 90 days, $697,000, across 24 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 0 Mill Lake Trl been sold before?
Yes — Summitly has 1 earlier MLS® listing of 0 Mill Lake Trl on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.
Where is 0 Mill Lake Trl?
0 Mill Lake Trl is in McDougall, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 0 Mill Lake Trl been on the market?
190 days — 0 Mill Lake Trl was listed on April 8, 2026.
Does 0 Mill Lake Trl have parking or a garage?
Yes — the listing gives 6 parking spaces.
What is the lot size of 0 Mill Lake Trl?
The lot is 7.495 acres, as published in the listing.
What is the land transfer tax on 0 Mill Lake Trl?
About $1,715 in Ontario land transfer tax at the asking price of $199,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 0 Mill Lake Trl or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.