51 Mckellar Lake Rd is a 4-bedroom, 1-bathroom detached home in McKellar, listed for $1,199,000. It has 1500-2000 sq ft of living space.
1Location, location, location!
2Enjoy breathtaking lake views, spectacular sunsets, and the peace and serenity of this remarkable year-round retreat.
3This beautiful 4-bedroom home/cottage features an open-concept main floor with a walkout to a screened in patio and deck overlooking the lake - the perfect place to relax and take in the views.
Location, location, location! Enjoy breathtaking lake views, spectacular sunsets, and the peace and serenity of this remarkable year-round retreat. Located on a quiet road with paved access and just a short drive to Parry Sound, this property offers the perfect blend of privacy and convenience. This beautiful 4-bedroom home/cottage features an open-concept main floor with a walkout to a screened in patio and deck overlooking the lake - the perfect place to relax and take in the views. The detached garage offers additional space with a finished loft, sitting area, and pool table for entertaining guests. Additional features include a Generac generator, paved driveway, and two new walkways leading to the docks. Whether you're looking for a year-round home or the ultimate cottage getaway, this is your opportunity to own a true piece of heaven. A truly special property that must be seen!
4 bedrooms, 1 bathroom, about 1,500 sq ft, works out to roughly $799 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 51 Mckellar Lake Rd
Every detail from the listing, in one place.
Type
Detached
Style
Other
Living space
1500-2000 sq ftas stated on the listing
Parking
7 spacesYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
7
Interior
Basement
None
Lot & land
Lot size (sqft)
0.92
Listing & possession
Property style
Other
Property class
Detached
51 Mckellar 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® X14094014$1,199,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 51 Mckellar Lake Rd Compares to the McKellar Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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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
$5,890
/mo
based on the purchase price of $1,199,000
$239,800 cash
$959,200 financed
$807,898 total interest
Principal54%$959,200
Interest46%$807,898
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.
For homeowners nearby
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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 McKellar
Other 3–5 bed homes for sale in McKellar around $1.2M.
Average days on market55Homes sold in about 55 days on average.
Sale-to-list ratio93.0%On average, homes sold below asking.
Active listings49Homes for sale here right now.
Median vs prior 90 days+21.4%Compared with Apr 25 – Jul 24, 2026: prices up.
Based on 19 sales from Jul 24 – Oct 22, 2026 (13 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 51 Mckellar Lake Rd
How much is 51 Mckellar Lake Rd listed for?
51 Mckellar Lake Rd is listed at $1,199,000 (MLS® X14094014). Summitly updates the price as soon as the MLS® record changes.
Is $1,199,000 a good price for 51 Mckellar 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 McKellar. 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 51 Mckellar Lake Rd changed?
No — 51 Mckellar Lake Rd is still listed at its original asking price of $1,199,000.
How many bedrooms and bathrooms does 51 Mckellar Lake Rd have?
51 Mckellar Lake Rd has 4 bedrooms and 1 bathroom, with about 1,500–2,000 square feet of living space. It is a detached home in McKellar.
How much would the monthly mortgage be on 51 Mckellar Lake Rd?
About $5,890 a month — principal and interest on $1,199,000 with 20% down ($239,800), 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 51 Mckellar Lake Rd compare with other homes in McKellar?
Its asking price of $1,199,000 is about 92% above the median sold price in McKellar over the last 90 days, $625,000, across 19 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 51 Mckellar Lake Rd been sold before?
Summitly has no earlier MLS® sale or lease of 51 Mckellar Lake Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 51 Mckellar Lake Rd?
51 Mckellar Lake Rd is in McKellar, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 51 Mckellar Lake Rd been on the market?
3 days — 51 Mckellar Lake Rd was listed on October 19, 2026.
What is the price per square foot of 51 Mckellar Lake Rd?
About $600 to $799 per square foot: the asking price of $1,199,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 51 Mckellar Lake Rd have parking or a garage?
Yes — the listing gives 7 parking spaces. Garage: Yes.
Does 51 Mckellar Lake Rd have a basement, and is it finished?
The listing says 51 Mckellar Lake Rd has no basement.
