Discover the charm of four-season living on beautiful Georgian Bay in Port Severn. With the convenience of easy road access, this inviting cottage or year-round home is approximately 1.5 hours from the GTA the perfect setting to relax, unwind, and start making lasting memories. Inside, enjoy a classic cottage atmosphere featuring warm tongue & groove pine walls, exposed wood ceilings, and a functional full kitchen. The beautifully landscaped exterior is designed for outdoor enjoyment, featuring a built-in BBQ, outdoor lighting, a fire pit, a boat launch, and extensive docking - all included with the property. Additional features include a 100-amp electrical panel and an updated heat pump for year-round comfort. Whether you're looking for a peaceful waterfront retreat, a family getaway, or a place to call home in every season, The Cottage on the Point offers the opportunity to embrace the Georgian Bay lifestyle.
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $986 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 158 Oak Bay Rd
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
3 spaces
Basement
None
Features & systems
Parking & garage
Parking spaces
3
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
158 Oak Bay 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® X14132866$689,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 158 Oak Bay Rd Compares to the Georgian Bay 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 →
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
$3,389
/mo
based on the purchase price of $689,900
$137,980 cash
$551,920 financed
$464,862 total interest
Principal54%$551,920
Interest46%$464,862
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
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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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 Georgian Bay
Other 3–6 bed homes for sale in Georgian Bay around $690K.
Average days on market70Homes sold in about 70 days on average.
Sale-to-list ratio92.3%On average, homes sold below asking.
Active listings166Homes for sale here right now.
Median vs prior 90 days−2.6%Compared with May 3 – Aug 1, 2026: prices down.
Based on 42 sales from Aug 1 – Oct 30, 2026 (30 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 158 Oak Bay Rd
How much is 158 Oak Bay Rd listed for?
158 Oak Bay Rd is listed at $689,900 (MLS® X14132866). Summitly updates the price as soon as the MLS® record changes.
Is $689,900 a good price for 158 Oak Bay 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 Georgian Bay. 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 158 Oak Bay Rd changed?
No — 158 Oak Bay Rd is still listed at its original asking price of $689,900.
How many bedrooms and bathrooms does 158 Oak Bay Rd have?
158 Oak Bay Rd has 2 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Georgian Bay.
How much would the monthly mortgage be on 158 Oak Bay Rd?
About $3,389 a month — principal and interest on $689,900 with 20% down ($137,980), 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 158 Oak Bay Rd compare with other homes in Georgian Bay?
Its asking price of $689,900 is about 6% below the median sold price in Georgian Bay over the last 90 days, $735,000, across 42 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 158 Oak Bay Rd been sold before?
Summitly has no earlier MLS® sale or lease of 158 Oak Bay Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 158 Oak Bay Rd?
158 Oak Bay Rd is in Georgian Bay, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 158 Oak Bay Rd been on the market?
158 Oak Bay Rd was listed today (October 30, 2026).
What is the price per square foot of 158 Oak Bay Rd?
About $627 to $986 per square foot: the asking price of $689,900 over the 700–1,100 sq ft the listing gives as its size range.
Does 158 Oak Bay Rd have parking or a garage?
Yes — the listing gives 3 parking spaces.
Does 158 Oak Bay Rd have a basement, and is it finished?
