Experience the serene beauty of island living with this delightful cottage at 431 Healey Lake in Ontario's picturesque Archipelago. Offering a unique blend of privacy and natural splendor, this charming property provides a tranquil retreat surrounded by pristine waters and lush landscapes. The cozy two-bedroom, one-bathroom cottage features an inviting, open-concept living space that captures the essence of rustic comfort. With direct access to the clear waters of Healey Lake, you can easily indulge in swimming, boating, and enjoying the peaceful natural setting. Though the cottage is modest, it offers a warm and relaxing atmosphere perfect for escaping the hustle and bustle of daily life. The property's location ensures both seclusion and convenience, accessible by a short boat ride from the mainland. This island retreat presents a rare opportunity to own a piece of paradise in The Archipelago. Experience the charm and tranquility of 431 Healey Lake firsthand.
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $484 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 431 Healey Lake Water
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
< 700 sq ftas stated on the listing
Basement
None
Features & systems
Parking & garage
Parking spaces
0
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
431 Healey Lake Water 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
$1,665
/mo
based on the purchase price of $339,000
$67,800 cash
$271,200 financed
$228,422 total interest
Principal54%$271,200
Interest46%$228,422
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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Similar homes for sale nearby in The Archipelago
Other 2–3 bed homes for sale in The Archipelago around $339K.
Average days on market53Homes sold in about 53 days on average.
Sale-to-list ratio94.9%On average, homes sold below asking.
Active listings63Homes for sale here right now.
Median vs prior 90 days−15.2%Compared with Apr 24 – Jul 23, 2026: prices down.
Based on 30 sales from Jul 23 – Oct 21, 2026 (11 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 431 Healey Lake Water
How much is 431 Healey Lake Water listed for?
431 Healey Lake Water is listed at $339,000 (MLS® X13249698). Summitly updates the price as soon as the MLS® record changes.
Is $339,000 a good price for 431 Healey Lake Water?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in The Archipelago. 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 431 Healey Lake Water changed?
Yes — it was first listed at $374,000 and is now $339,000, a drop of $35,000 (9.4%).
How many bedrooms and bathrooms does 431 Healey Lake Water have?
431 Healey Lake Water has 2 bedrooms and 1 bathroom, with about 700 square feet of living space. It is a detached home in The Archipelago.
How much would the monthly mortgage be on 431 Healey Lake Water?
About $1,665 a month — principal and interest on $339,000 with 20% down ($67,800), 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 431 Healey Lake Water compare with other homes in The Archipelago?
Its asking price of $339,000 is about 60% below the median sold price in The Archipelago over the last 90 days, $847,500, across 30 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 431 Healey Lake Water been sold before?
Summitly has no earlier MLS® sale or lease of 431 Healey Lake Water on record from the last two years. Older records aren't shown under TRREB rules.
Where is 431 Healey Lake Water?
431 Healey Lake Water is in The Archipelago, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 431 Healey Lake Water been on the market?
139 days — 431 Healey Lake Water was listed on June 4, 2026.
What is the price per square foot of 431 Healey Lake Water?
About $484 per square foot: the asking price of $339,000 over the 700 sq ft the listing gives.
Does 431 Healey Lake Water have a basement, and is it finished?
The listing says 431 Healey Lake Water has no basement.