Five waterfront cottages, 500 feet of sandy shoreline and a year-round home on Lake St. Peter, with the redevelopment already underway and waiting for the right buyer to finish it. Set on 1.935 acres in Hastings Highlands, this is a property for someone who can see what it will become. All five cottages sit along the water, and the work has been started for you: exterior sheathing and windows are in, and the interiors are open to the studs with insulation and rough-ins underway, so you can finish each one to your own layout and standard. Picture a family compound where everyone has their own cottage on the lake, a multi-generational retreat, or a long term waterfront investment you build out at your own pace. The shoreline is the centrepiece, with a sandy, family friendly beach and a private dock that make this a natural gathering spot for swimming, paddling and fishing. While the cottages come together, the main home gives you a comfortable base: a year-round raised bungalow with 3 bedrooms and 4 bathrooms, a primary bedroom with a 3 piece ensuite and walk-in closet, a deck overlooking the grounds and the water, and a finished walkout lower level with a large recreation room. A detached garage, a separate workshop and parking for up to 20 vehicles leave plenty of room for trades, materials and equipment. The location is a big part of the appeal. Just off Highway 127, you are minutes from the village of Maynooth and a short drive to Algonquin Park's East Gate and the shops and services of Bancroft, with four-season recreation all around you, from hiking and fall colours to winter on the lake. A rare chance to finish what has been started on a sandy stretch of Lake St. Peter.
3 bedrooms, 4 bathrooms, about 1,100 sq ft, works out to roughly $2,181 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 194 South Rd
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow-Raised
Living space
1100-1500 sq ftas stated on the listing
Lot size
252.00 x 311.00 Feet1.935 sq ft
Parking
21 spacesYes garage
Basement
Finished with Walk-Out, Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
21
Interior
Basement
Finished with Walk-Out · Finished
Lot & land
Lot dimensions
252.00 x 311.00 Feet
Lot size (sqft)
1.935
Listing & possession
Property style
Bungalow-Raised
Property class
Detached
194 South 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® X14096998$2,399,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 194 South Rd Compares to the Hastings Highlands Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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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
$11,786
/mo
based on the purchase price of $2,399,000
$479,800 cash
$1,919,200 financed
$1,616,470 total interest
Principal54%$1,919,200
Interest46%$1,616,470
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 Hastings Highlands
Other 2–4 bed homes for sale in Hastings Highlands around $2.4M.
Average days on market62Homes sold in about 62 days on average.
Sale-to-list ratio91.3%On average, homes sold below asking.
Active listings93Homes for sale here right now.
Median vs prior 90 days+14.4%Compared with Apr 25 – Jul 24, 2026: prices up.
Based on 39 sales from Jul 24 – Oct 22, 2026 (21 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 194 South Rd
How much is 194 South Rd listed for?
194 South Rd is listed at $2,399,000 (MLS® X14096998). Summitly updates the price as soon as the MLS® record changes.
Is $2,399,000 a good price for 194 South 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 Hastings Highlands. 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 194 South Rd changed?
No — 194 South Rd is still listed at its original asking price of $2,399,000.
How many bedrooms and bathrooms does 194 South Rd have?
194 South Rd has 3 bedrooms and 4 bathrooms, with about 1,100–1,500 square feet of living space. It is a detached home in Hastings Highlands.
How much would the monthly mortgage be on 194 South Rd?
About $11,786 a month — principal and interest on $2,399,000 with 20% down ($479,800), 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 194 South Rd compare with other homes in Hastings Highlands?
Its asking price of $2,399,000 is about 366% above the median sold price in Hastings Highlands over the last 90 days, $515,000, across 39 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 194 South Rd been sold before?
Summitly has no earlier MLS® sale or lease of 194 South Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 194 South Rd?
194 South Rd is in Hastings Highlands, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 194 South Rd been on the market?
2 days — 194 South Rd was listed on October 20, 2026.
What is the price per square foot of 194 South Rd?
About $1,599 to $2,181 per square foot: the asking price of $2,399,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 194 South Rd have parking or a garage?
Yes — the listing gives 21 parking spaces. Garage: Yes.
Does 194 South Rd have a basement, and is it finished?
The listing describes the basement as: Finished with Walk-Out, Finished.
