Experience peaceful lakeside living on the south-facing shores of Meadow Lake, also known as Meads Lake.This year-round off-grid log home sits on approximately 110 feet of beautiful waterfront and offers exceptional privacy, with Crown land bordering the property to the west. Located within a friendly lake community known for its calm waters and relaxed atmosphere, Meadow Lake provides a quiet setting away from the noise and heavy traffic often found on larger lakes.Owned and enjoyed by the same family since 1954 and used as a full-time residence for the past six years, the property blends classic cottage charm with thoughtful updates for comfortable year-round living. Inside, the home features a spacious open-concept layout with ample room for gathering and entertaining.The main living areas are oriented toward the water, filling the space with natural light and showcasing scenic lake views.French garden doors open to a bright three-season sunroom, creating a welcoming place to relax and enjoy the peaceful surroundings. From there, step out onto the lakeside deck-perfect for summer barbecues, entertaining friends, or simply taking in the tranquil waterfront setting.After a day on the lake or exploring nearby trails, unwind in the private sauna or soak in the lakeside hot tub.A standout feature of the property is the impressive three-car garage with loft space, offering excellent storage and versatile workspace. A separate finished room, currently used as a home gym, could easily serve as a home office, studio, or games room.Despite its private setting, the property is just 15 minutes from the village of Sprucedale for groceries, fuel, LCBO, and local essentials. Huntsville and Parry Sound are both about one hour away for shopping, dining, and amenities. Outdoor enthusiasts will appreciate nearby access to the Seguin Trail in Bear Lake for ATV riding in summer and snowmobiling in winter.Discover the perfect balance of privacy, nature, and year-round lakeside living.
3 bedrooms, 1 bathroom, about 1,500 sq ft, works out to roughly $577 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 3491A Axe Lake Rd
Every detail from the listing, in one place.
Type
Detached
Style
Log
Living space
1500-2000 sq ftas stated on the listing
Parking
9 spacesYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
9
Interior
Basement
None
Lot & land
Lot size (sqft)
0.57
Listing & possession
Property style
Log
Property class
Detached
3491A Axe Lake 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® X13666080$865,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 3491A Axe Lake Rd Compares to the McMurrich/Monteith Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
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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.
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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 McMurrich/Monteith
Other 4-bed homes for sale in McMurrich/Monteith around $865K.
Average days on market69Homes sold in about 69 days on average.
Sale-to-list ratio90.1%On average, homes sold below asking.
Active listings39Homes for sale here right now.
Median vs prior 90 days−50.5%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 14 sales from Jul 24 – Oct 22, 2026 (6 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 3491A Axe Lake Rd
How much is 3491A Axe Lake Rd listed for?
3491A Axe Lake Rd is listed at $865,000 (MLS® X13666080). Summitly updates the price as soon as the MLS® record changes.
Is $865,000 a good price for 3491A Axe Lake 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 McMurrich/Monteith. 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 3491A Axe Lake Rd changed?
No — 3491A Axe Lake Rd is still listed at its original asking price of $865,000.
How many bedrooms and bathrooms does 3491A Axe Lake Rd have?
3491A Axe Lake Rd has 3 bedrooms and 1 bathroom, with about 1,500–2,000 square feet of living space. It is a detached home in McMurrich/Monteith.
How much would the monthly mortgage be on 3491A Axe Lake 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 3491A Axe Lake Rd compare with other homes in McMurrich/Monteith?
Its asking price of $865,000 is about 202% above the median sold price in McMurrich/Monteith over the last 90 days, $286,527, across 14 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 3491A Axe Lake Rd been sold before?
Summitly has no earlier MLS® sale or lease of 3491A Axe Lake Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 3491A Axe Lake Rd?
3491A Axe Lake Rd is in McMurrich/Monteith, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 3491A Axe Lake Rd been on the market?
71 days — 3491A Axe Lake Rd was listed on August 12, 2026.
What is the price per square foot of 3491A Axe Lake Rd?
About $433 to $577 per square foot: the asking price of $865,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 3491A Axe Lake Rd have parking or a garage?
Yes — the listing gives 9 parking spaces. Garage: Yes.
Does 3491A Axe Lake Rd have a basement, and is it finished?
The listing says 3491A Axe Lake Rd has no basement.