Enjoy your new piece of paradise on Gunter Lake Island! Take in the fresh air coming off the lake while you sip a morning coffee or evening beverage and watch the loons dance and echo across the lake. Some of the best fishing on the lake is just a cast away from the front shoreline of the cottage/home. A full-size kitchen, featuring a custom stain glass piece, a living room with wood-stove, laundry room and a sun-room that allows you to overlook the lake when reading, playing board games or hosting a casual evening with friends and family. Guests staying the night will have their own privacy in an air conditioned bunkie. Plenty of upgrades were made in 2023 that were thoughtfully made to add to the comfort of living while remaining true to the feeling of lakeside living. Upgrades include a steel roof, siding, flooring, insulated floors, heat pump with AC, ceiling fans, tin ceiling new windows and doors in the laundry room, new door in primary bedroom and the water system was upgraded with a heated line. Two storage sheds and a garden shed offer plenty of storage for wood, tools, outdoor furniture and water toys. With all that having a retreat on the water offers in the summer for boating, swimming and fishing, when the ice freezes, Gunter Lake becomes part of the OFSC snow mobile trail, and is also well-known for the quality of ice fishing. The shoreline on the front side of the property offers shallower hard bottom surfaces for muddling around in the crystal clear water, or swim off the backside of the property featuring a third dock and deeper waters. This truly is a piece of paradise that once you stand on the shores and look out over the water, you will picture the adventures and the memories that you and those closest to you will cherish for years to come.
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $428 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 5 Water - Gunter Lake
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 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
5 Water - Gunter Lake Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13755406$299,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 5 Water - Gunter Lake Compares to the Tudor and Cashel 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
$1,473
/mo
based on the purchase price of $299,900
$59,980 cash
$239,920 financed
$202,076 total interest
Principal54%$239,920
Interest46%$202,076
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 Tudor and Cashel
Other 1–2 bed homes for sale in Tudor and Cashel around $300K.
Average days on market46Homes sold in about 46 days on average.
Sale-to-list ratio92.9%On average, homes sold below asking.
Active listings16Homes for sale here right now.
Median vs prior 90 days+52.4%Compared with May 8 – Aug 6, 2026: prices up.
Based on 8 sales from Aug 6 – Nov 4, 2026 (10 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 5 Water - Gunter Lake
How much is 5 Water - Gunter Lake listed for?
5 Water - Gunter Lake is listed at $299,900 (MLS® X13755406). Summitly updates the price as soon as the MLS® record changes.
Is $299,900 a good price for 5 Water - Gunter Lake?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Tudor and Cashel. 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 5 Water - Gunter Lake changed?
No — 5 Water - Gunter Lake is still listed at its original asking price of $299,900.
How many bedrooms and bathrooms does 5 Water - Gunter Lake have?
5 Water - Gunter Lake has 2 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Tudor and Cashel.
How much would the monthly mortgage be on 5 Water - Gunter Lake?
About $1,473 a month — principal and interest on $299,900 with 20% down ($59,980), 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 5 Water - Gunter Lake compare with other homes in Tudor and Cashel?
Its asking price of $299,900 is about 37% below the median sold price in Tudor and Cashel over the last 90 days, $472,500, across 8 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 5 Water - Gunter Lake been sold before?
Summitly has no earlier MLS® sale or lease of 5 Water - Gunter Lake on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5 Water - Gunter Lake?
5 Water - Gunter Lake is in Tudor and Cashel, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5 Water - Gunter Lake been on the market?
57 days — 5 Water - Gunter Lake was listed on September 8, 2026.
What is the price per square foot of 5 Water - Gunter Lake?
About $273 to $428 per square foot: the asking price of $299,900 over the 700–1,100 sq ft the listing gives as its size range.
Does 5 Water - Gunter Lake have a basement, and is it finished?
The listing says 5 Water - Gunter Lake has no basement.
