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Lots & Land in McDougall
About 185 Loch Erne Road
51 acres. Nearly 3,840 feet of clean waterfront on Vowel Lake. This is a rare find. South-facing shoreline wraps the entire bay, offering complete privacy and unobstructed views over the water. A building lot has already been cleared at an elevated point with gorgeous lake views, and a 3-car garage is already in place. Accessible year-round by paved road with hydro and telephone at the lot line. Just 20 minutes from Parry Sound, close enough for convenience, far enough for the quiet you're looking for. The perfect setting for your dream home or cottage. This one needs to be seen to be fully appreciated. Accessible year-round by paved road with hydro and telephone at the lot line. Designated managed forest property, offering meaningful tax savings. Just 20 minutes from Parry Sound, close enough for convenience, far enough for the quiet you're looking for. Land is vacant, other than the garage. Cottage rendering is simply shown for inspiration purposes.
McDougall land priced at $865,000 — book a tour to see if it fits your search.
Inside 185 Loch Erne Rd
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Vacant Land
185 Loch Erne Rd 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
$4,249
/mo
based on the purchase price of $865,000
$173,000 cash
$692,000 financed
$582,846 total interest
Principal54%$692,000
Interest46%$582,846
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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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 market54Homes sold in about 54 days on average.
Sale-to-list ratio95.2%On average, homes sold below asking.
Active listings51Homes for sale here right now.
Median vs prior 90 days+42.6%Compared with May 4 – Aug 2, 2026: prices up.
Based on 25 sales from Aug 2 – Oct 31, 2026 (15 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 185 Loch Erne Rd
How much is 185 Loch Erne Rd listed for?
185 Loch Erne Rd is listed at $865,000 (MLS® X13711498). Summitly updates the price as soon as the MLS® record changes.
Has the price of 185 Loch Erne Rd changed?
Yes — it was first listed at $945,000 and is now $865,000, a drop of $80,000 (8.5%).
How many bedrooms and bathrooms does 185 Loch Erne Rd have?
The listing for 185 Loch Erne Rd doesn't publish its bedroom and bathroom count. It is a lot in McDougall.
How much would the monthly mortgage be on 185 Loch Erne Rd?
About $4,249 a month — principal and interest on $865,000 with 20% down ($173,000), 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 185 Loch Erne Rd compare with other homes in McDougall?
Its asking price of $865,000 is about 24% above the median sold price in McDougall over the last 90 days, $698,500, across 25 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 185 Loch Erne Rd been sold before?
Summitly has no earlier MLS® sale or lease of 185 Loch Erne Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 185 Loch Erne Rd?
185 Loch Erne Rd is in McDougall, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 185 Loch Erne Rd been on the market?
67 days — 185 Loch Erne Rd was listed on August 25, 2026.
What is the lot size of 185 Loch Erne Rd?
The lot is 74.995 acres, as published in the listing.
What is the land transfer tax on 185 Loch Erne Rd?
About $13,775 in Ontario land transfer tax at the asking price of $865,000. 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 185 Loch Erne Rd 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 185 Loch Erne Rd?
The listing for 185 Loch Erne Rd doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for McDougall.