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Lots & Land in Algonquin Highlands
About 11146 Highway 118
NEW PRICE! Over 33 ACRES! Vacant Land on Highway 118 between Maple Lake and Green Lake. Perfect building site with the Redstone (Gull) River across the street, providing access to both lakes. Few trails and a cleared area for the building. Over 33 acres in total. Available immediately. MOTIVATED!
Algonquin Highlands land priced at $248,900 — book a tour to see if it fits your search.
Inside 11146 Highway 118
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
33.4
Listing & possession
Property class
Vacant Land
11146 Highway 118 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
$1,223
/mo
based on the purchase price of $248,900
$49,780 cash
$199,120 financed
$167,711 total interest
Principal54%$199,120
Interest46%$167,711
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 11146 Highway 118 with a licensed buyer's agent
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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.
Similar homes for sale nearby in Algonquin Highlands
Other homes for sale in Algonquin Highlands around $249K.
Average days on market45Homes sold in about 45 days on average.
Sale-to-list ratio93.8%On average, homes sold below asking.
Active listings97Homes for sale here right now.
Median vs prior 90 days+5.2%Compared with Apr 25 – Jul 24, 2026: prices up.
Based on 46 sales from Jul 24 – Oct 22, 2026 (25 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 11146 Highway 118
How much is 11146 Highway 118 listed for?
11146 Highway 118 is listed at $248,900 (MLS® X13069862). Summitly updates the price as soon as the MLS® record changes.
Has the price of 11146 Highway 118 changed?
Yes — it was first listed at $299,000 and is now $248,900, a drop of $50,100 (16.8%).
How many bedrooms and bathrooms does 11146 Highway 118 have?
The listing for 11146 Highway 118 doesn't publish its bedroom and bathroom count. It is a lot in Algonquin Highlands.
How much would the monthly mortgage be on 11146 Highway 118?
About $1,223 a month — principal and interest on $248,900 with 20% down ($49,780), 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 11146 Highway 118 compare with other homes in Algonquin Highlands?
Its asking price of $248,900 is about 59% below the median sold price in Algonquin Highlands over the last 90 days, $610,005, across 46 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 11146 Highway 118 been sold before?
Summitly has no earlier MLS® sale or lease of 11146 Highway 118 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 11146 Highway 118?
11146 Highway 118 is in Algonquin Highlands, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 11146 Highway 118 been on the market?
174 days — 11146 Highway 118 was listed on May 1, 2026.
What is the lot size of 11146 Highway 118?
The lot is 37.495 acres, as published in the listing.
What is the land transfer tax on 11146 Highway 118?
About $2,214 in Ontario land transfer tax at the asking price of $248,900. 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 11146 Highway 118 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.
What is the property tax for 11146 Highway 118?
The listing for 11146 Highway 118 doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Algonquin Highlands.