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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 38 days

    1361 Mcrae Hay Lake Road

    South Algonquin·South Algonquin, ON·K0J 2M0·Near HIGHWAY 127 AND MCRAE HAY LAKE

    • 3 beds
    South Algonquin real estate›X13122064
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Welcome to your dream waterfront escape on beautiful Hay Lake! Offering 133 feet of clean sandy shoreline and 1.08 private acres, this exceptional four-season home/cottage is the perfect place to relax, entertain, or enjoy year-round living surrounded by nature. Located on a well-maintained four-season road with garbage pickup and modern conveniences including satellite TV, internet, and landline availability, this property combines peaceful cottage living with everyday comfort. Hay Lake is well known for fantastic trout and smallmouth bass fishing, miles of boating, and stunning natural beauty. Explore over 10 miles of boating with access right into Algonquin Provincial Park, while enjoying the endless crown land, shallow sandy swimming areas, and incredible sandbars nearby. The southwest exposure provides breathtaking sunset views that can be enjoyed from the dock, hot tub, or waterfront seating areas. The fully winterized three-bedroom home has been lovingly maintained and features a warm, inviting atmosphere with a stunning wood-burning fireplace as the centerpiece of the living space. A propane fireplace is also installed, ready to be connected. Inside, you will also find a spacious mudroom with extensive storage, a large laundry room, and a beautifully updated three-piece bathroom with a glass shower. The home is wired for a generator and serviced by a 160-foot drilled well complete with a water filtration and UV purification system. Outside, the property continues to impress with a 550 sq. ft. dock, outdoor shower, waterfront storage shed, workshop with workbench, adorable heated and air-conditioned bunkie, and a second screened-in bunkie featuring a futon and walkout to the five-person hottub. The paved asphalt driveway adds to the convenience and curb appeal. Being sold mostly turnkey with furnishings included, excluding bunkbeds, personal items, and kitchen/closet contents, this is an incredible opportunity to start enjoying waterfront living immediately!

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    May 13, 2026ListedCurrentFor sale$779,000 —X13122064This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      5
      Heating
      Other
      Air conditioning
      None
      Fireplaces
      2
      Water source
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 1361 Mcrae Hay Lake Road
    What's nearby

    Points of interest classified by the MLS® feed.

    • Beach
    • Clear View
    • Lake/Pond
    • Level
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $3,827
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $294
    0.45% mill rate · ON
    The market

    How this home sits in the South Algonquin market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The South Algonquin market right now

    Average sold price, days on market, and closed-transaction count for South Algonquin — sourced from MLS®.

    • Avg sold price
      $408,000
      Last 30 days
    • Median sold price
      $390,000
      Middle of the market
    • Days on market
      47 d
      Avg from list to close
    • Closed last 30d
      5
      MLS® transactions
    Full South Algonquin market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 1361 Mcrae Hay Lake Road — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 1361 Mcrae Hay Lake Road and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 1361 Mcrae Hay Lake Road listed for?

      1361 Mcrae Hay Lake Road is listed at $779,000 on the MLS® (listing X13122064). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 1361 Mcrae Hay Lake Road have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 1 bath
  2. 1100-1500 sqft
  3. Detached
  4. Built 51-99
  5. .50-1.99 ac lot
  6. Asking
    $779,000
    $0 / sqft · MLS® X13122064
    Chat Zara
  7. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $408,000
    $375,360Confidence range$440,640
    Asking vs estimate
    ↑↑well-above
    +$371,000
    (+90.9%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 3 bedrooms (no sqft on file).

    Market analytics

    Homes like this in South Algonquin sell in about 47 days — this one has been listed 38 days.

    Avg sold price
    $408,000
    Median sold
    $390,000
    Avg days on market
    47
    Recently sold
    5
    See comparable sales
    AI highlights by Zara
    • Explore over 10 miles of boating with access right into Algonquin Provincial Park, while enjoying the endless crown land, shallow sandy swimming areas, and incredible sandbars nearby.
    • The fully winterized three-bedroom home has been lovingly maintained and features a warm, inviting atmosphere with a stunning wood-burning fireplace as the centerpiece of the living space.
    • A propane fireplace is also installed, ready to be connected.
    • Inside, you will also find a spacious mudroom with extensive storage, a large laundry room, and a beautifully updated three-piece bathroom with a glass shower.
    Ask Zara a follow-up
    Well
    Sewer
    Septic
  8. Parking & garage

    3
    Garage
    None
    Parking spaces
    5
    Driveway
    Private
  9. Interior

    6
    Basement
    Crawl Space
    Family room
    N
    Kitchens
    1
    Total rooms
    9
    Laundry level
    Main Level
    Elevator
    N
  10. Exterior & construction

    6
    Exterior
    Wood
    Roof
    Asphalt Shingle
    Foundation
    Block, Piers
    View
    Clear, Lake, Trees/Woods, Water
    Waterfront
    Y
    Pool
    None
  11. Lot & land

    1
    Year built
    51-99
  12. Listing & possession

    3
    Occupancy
    TBD
    Property style
    Bungalow
    Property class
    Detached
  13. Room-by-room · 9 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    9 rooms
    • Mud Room
      11.4 × 23.0 ft
    • Dining Room
      12.4 × 25.4 ft
    • Living Room
      11.9 × 22.3 ft
    • Bedroom
      11.8 × 9.5 ft
    • Kitchen
      12.5 × 11.7 ft
    • Laundry
      9.4 × 9.5 ft
    • Bedroom
      994.1 × 9.0 ft
    • Primary Bedroom
      9.7 × 12.6 ft
    • Bathroom
      6.8 × 7.8 ft
  14. Part Cleared
  15. Waterfront
  16. Combined estimate
    $4,121
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $3,827
    /mo
    based on the purchase price of $779,000
    $155,800 cash
    $623,200 financed
    $524,898 total interest
    Monthly payment$3,827/ month
    Principal54%$623,200
    Interest46%$524,898

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in South Algonquin

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 400 Old 127
      Sold
      Sign in for price
      400 Old 127
      Detached
    • 19 Cache Lake
      Sold
      Sign in for price
      19 Cache Lake
      Detached
    • 80 Paradise Road
      Sold
      Sign in for price
      80 Paradise Road
      Detached
    • 198 Davies Lane
      Sold
      Sign in for price
      198 Davies Lane
      Detached
    • 2954 Aylen Lake Road
      Sold
      Sign in for price
      2954 Aylen Lake Road
      Detached
    • 21 Dave Bowers Lane
      Sold
      Sign in for price
      21 Dave Bowers Lane
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    1361 Mcrae Hay Lake RoadThis home3 / 111,001,500$779,000ask———
    400 Old 1273 / 31,500—
    19 Cache Lake2 / 0700—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in South Algonquin

    Active listings within ±20% of this asking price.

    • 4379 Highway No. 523 Highway
      $699,000
      4379 Highway No. 523 Highway
      Detached 2 2
    • 76 Lake Street
      $749,000
      76 Lake Street
      Detached 3 2
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  17. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  18. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  19. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  20. Public listing courtesy of BALL REAL ESTATE INC. · displayed on Summitly per MLS® data-share rules

    1361 Mcrae Hay Lake Road is a 3-bedroom, 1-bath, 1100-1500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  21. When was 1361 Mcrae Hay Lake Road built?

    1361 Mcrae Hay Lake Road was built in 51-99. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  22. What is the property tax for 1361 Mcrae Hay Lake Road?

    The 'Property tax' tab in the History section shows the most recent annual tax for 1361 Mcrae Hay Lake Road plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  23. How much would the monthly mortgage be on 1361 Mcrae Hay Lake Road?

    The affordability calculator on this page shows an estimated monthly mortgage for $779,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  24. Has 1361 Mcrae Hay Lake Road been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 1361 Mcrae Hay Lake Road with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  25. What neighbourhood is 1361 Mcrae Hay Lake Road in?

    1361 Mcrae Hay Lake Road is in South Algonquin, South Algonquin. The 'Neighbourhood' section below links to the live South Algonquin real estate hub with average sold price, days on market, and current inventory.

  26. Is South Algonquin a good place to live?

    South Algonquin is one of ON's actively-tracked Summitly markets. The full South Algonquin real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  27. 80 Paradise Road
    2 / 2
    1,500
    —
    198 Davies Lane3 / 1700—
    2954 Aylen Lake Road3 / 2700—
    21 Dave Bowers Lane3 / 2700—