Waterfront, convenience, location, and striking sunsets at 138 Wasi Falls Road, a truly rare holding within the exclusive Wistiwasing Limited Country Club on Lake Nipissing. Spanning approximately 1,400 feet of highly varied shoreline, the estate transitions from soft sandy beaches and rugged Canadian Shield to the steady flow of the Wasi River and the mist of Wasi Falls, all framed by a canopy of mature trees. Positioned less than five minutes from the heart of Callander, it offers an exceptional balance of absolute natural seclusion and immediate town convenience. Situated on these pristine grounds is an updated, remarkably well-kept three-bedroom, two-bathroom residence. Offered as a 1/10th corporate share in Wistiwasing Limited, this unique ownership structure is the key to a completely hands-off approach to lakeside living. Because the entire 3.5-acre estate is professionally and consistently maintained on your behalf, the relentless chore list of traditional waterfront ownership is entirely bypassed. Instead, your time is reclaimed for recreation and relaxation. For the dedicated angler, Lake Nipissing's storied waters serve as your backyard. With dedicated dock slips and a private launch on-site, you can be on the water in minutes pursuing premier Walleye, Northern Pike, Muskie, and Bass. When you aren't on the lake, you are moments from local dining, the scenic Cranberry Trail, and three area golf courses, while the complete amenities of North Bay remain just a short drive away. This is a refined, worry-free gateway to the classic northern lifestyle.
3 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $1,214 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 138 Wasi Falls Rd
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
700-1100 sq ftas stated on the listing
Parking
8 spaces
Basement
Full, Partially Finished
Features & systems
Parking & garage
Parking spaces
8
Interior
Basement
Full · Partially Finished
Lot & land
Lot size (sqft)
3.335
Listing & possession
Property style
2-Storey
Property class
Detached
138 Wasi Falls Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13566262$849,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 138 Wasi Falls Rd Compares to the Callander Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
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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
$4,175
/mo
based on the purchase price of $849,900
$169,980 cash
$679,920 financed
$572,671 total interest
Principal54%$679,920
Interest46%$572,671
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.
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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 Callander
Other 2–5 bed homes for sale in Callander around $850K.
Average days on market29Homes sold in about 29 days on average.
Sale-to-list ratio98.8%On average, homes sold below asking.
Active listings23Homes for sale here right now.
Median vs prior 90 days+8.0%Compared with May 15 – Aug 13, 2026: prices up.
Based on 34 sales from Aug 13 – Nov 11, 2026 (18 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 138 Wasi Falls Rd
How much is 138 Wasi Falls Rd listed for?
138 Wasi Falls Rd is listed at $849,900 (MLS® X13566262). Summitly updates the price as soon as the MLS® record changes.
Is $849,900 a good price for 138 Wasi Falls Rd?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Callander. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 138 Wasi Falls Rd changed?
No — 138 Wasi Falls Rd is still listed at its original asking price of $849,900.
How many bedrooms and bathrooms does 138 Wasi Falls Rd have?
138 Wasi Falls Rd has 3 bedrooms and 2 bathrooms, with about 700–1,100 square feet of living space. It is a detached home in Callander.
How much would the monthly mortgage be on 138 Wasi Falls Rd?
About $4,175 a month — principal and interest on $849,900 with 20% down ($169,980), 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 138 Wasi Falls Rd compare with other homes in Callander?
Its asking price of $849,900 is about 24% above the median sold price in Callander over the last 90 days, $683,611, across 34 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 138 Wasi Falls Rd been sold before?
Summitly has no earlier MLS® sale or lease of 138 Wasi Falls Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 138 Wasi Falls Rd?
138 Wasi Falls Rd is in Callander, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 138 Wasi Falls Rd been on the market?
119 days — 138 Wasi Falls Rd was listed on July 15, 2026.
What is the price per square foot of 138 Wasi Falls Rd?
About $773 to $1,214 per square foot: the asking price of $849,900 over the 700–1,100 sq ft the listing gives as its size range.
Does 138 Wasi Falls Rd have parking or a garage?
Yes — the listing gives 8 parking spaces.
Does 138 Wasi Falls Rd have a basement, and is it finished?
The listing describes the basement as: Full, Partially Finished.