DetachedOn market 93 days

370 Fraser Lake, Carlow/Mayo

Name: 370 Fraser Lake N/a
SKU: X13585030
Price: 1490000 CAD
Availability: InStock

Carlow/Mayo, ON · · MLS® X13585030Updated August 9, 2026

$1,490,000Est. $7,320/mo mortgage

Bedrooms: 5
Bathrooms: 3
Living space: 1500–2000sq ft
Parking spaces: 7

Type Detached
Lot 7.495 acres
Basement Crawl Space

What you should know

370 Fraser Lake is a 5-bedroom, 3-bathroom detached home in Carlow/Mayo, listed for $1,490,000. It has 1500-2000 sq ft of living space.

TWO PARCELS 5 Acre Island and Waterfront Road Access Lot on Fraser Lake Road ***Private Island Retreat on Fraser Lake - A Rare Piece of History.
This is a rare opportunity to own an island with incredible history and complete seclusion, featuring three separate cabins and a mainland lot for parking and docking.
Enjoy unparalleled privacy and stunning views on the renowned Fraser Lake, known for its excellent fishing .

Ask Zara:

5 Bed, 3 Bath Detached Home in Carlow/Mayo

About 370 Fraser Lake

TWO PARCELS 5 Acre Island and Waterfront Road Access Lot on Fraser Lake Road ***Private Island Retreat on Fraser Lake - A Rare Piece of History. Escape to your own private world on this exceptional five-acre island on Fraser Lake, just minutes from Bancroft, Ontario. This is a rare opportunity to own an island with incredible history and complete seclusion, featuring three separate cabins and a mainland lot for parking and docking. Originally owned and built by the Welsh family-giving the island its original name, "Welsh Island"-this property has had only two owners since being purchased from the Crown in the early 1950s . The current seller, the third owner, is passing on a truly special legacy.A Legacy of Rare Heritage & Modern Upgrades: Imagine having your own island with over 2,200 feet of shoreline. The property's boundary is clearly defined, starting 50 feet from the high water mark around the entire island. A brand-new hydro sub-cable was installed in 2023 , ensuring modern convenience in this otherwise untouched natural setting. The Property Features Three Distinct Cabins: Cabin 1: A charming 1-bedroom, 1-bathroom cabin. Cabin 2: A larger 2-bedroom cabin. Cabin 3: An additional 2-bedroom, 1-bathroom cabin.The Island Life: This is more than just a property; it's a lifestyle. Enjoy unparalleled privacy and stunning views on the renowned Fraser Lake, known for its excellent fishing . The island is located in a region prized for its natural beauty and tranquility . The mainland lot provides hassle-free parking and docking .

5 bedrooms, 3 bathrooms, about 1,500 sq ft, works out to roughly $993 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 370 Fraser Lake

Every detail from the listing, in one place.

Type: Detached
Style: Bungalow
Living space: 1500-2000 sq ftas stated on the listing
Parking: 7 spaces
Basement: Crawl Space

Features & systems

Parking & garage

Parking spaces: 7

Interior

Basement: Crawl Space

Lot & land

Lot size (sqft): 5.018

Listing & possession

Property style: Bungalow
Property class: Detached

370 Fraser Lake Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Jul 20, 2026For saleListedThis listingMLS® X13585030$1,490,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 370 Fraser Lake Compares to the Carlow/Mayo Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 15 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Carlow/Mayo market, last 90 days

Median sold price: $487,500
Average sold price: $445,500
Average days on market: 95
Homes sold: 10

Closed sales on the TRREB MLS®.

Full Carlow/Mayo market report

Recently sold nearby in Carlow/Mayo

Sold prices are shown free to signed-in members, as board rules require.

3 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

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Home	Sold price	$ / sqft	% of asking	Sold
This home370 Fraser Lake N/a 5 bd · 3 ba · 1,500 sqft	$1,490,000asking	$993	—	—
9 Stringer Road 4 bd · 1 ba · 1,500 sqft
322 Kuno Road 4 bd · 2 ba · 2,500 sqft
1668 Boulter Road 4 bd · 2 ba · 2,000 sqft

9 Stringer Road
4 bd · 1 ba · 1,500 sqft
322 Kuno Road
4 bd · 2 ba · 2,500 sqft
1668 Boulter Road
4 bd · 2 ba · 2,000 sqft

Living in Carlow/Mayo: Location & Amenities

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Costs, Mortgage & Rental Return for 370 Fraser Lake

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $7,320; 20% down · 25 years · 5.5% assumed
Property tax: $820; 0.66% mill rate · ON
Total per month: $8,140; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$7,320

/mo

based on the purchase price of $1,490,000

Down payment20%

$298,000 cash

Amortization25 yr

$1,192,000 financed

Rate5.50%

$1,003,977 total interest

Principal54%$1,192,000

Interest46%$1,003,977

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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Listing brokerage: RE/MAX ABOUTOWNE REALTY CORP., BrokerageMLS® X13585030 · Listing data last updated August 9, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

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.

For sale· listed Jul 19· $993/sq ft

Estimated monthly mortgage$7,320/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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