DetachedOn market 14 days

581 Limberlost Point Rd, Parry Sound Remote Area

Name: 581 Limberlost Point Road
SKU: X14093332
Price: 649000 CAD
Availability: InStock

Parry Sound Remote Area, ON · · MLS® X14093332Updated October 27, 2026

$649,000Est. $3,188/mo mortgage

Bedrooms: 3
Bathrooms: 1
Living space: 1100–1500sq ft
Parking spaces: 8

Type Detached
Basement Crawl Space

What you should know

581 Limberlost Point Rd is a 3-bedroom, 1-bathroom detached home in Parry Sound Remote Area, listed for $649,000. It has 1100-1500 sq ft of living space.

The cottage features 3 bedrooms, 1 bathroom, a spacious living room with vaulted ceiling, cozy Napoleon wood-burning fireplace insert and beautiful lake views.
The updated eat-in kitchen with centre island is perfect for entertaining.
Recent improvements include a new heat pump and furnace, hot water tank, pressure tank, updated patio doors, new docking system and upgraded circular driveway.

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3 Bed, 1 Bath Detached Home in Parry Sound Remote Area

About 581 Limberlost Point Road

Turnkey waterfront retreat on beautiful commanda lake with excellent rental potential! Nestled on over 2 acres of beautifully treed, park-like property with 177 feet of clean waterfront, this charming 4-season cottage offers exceptional privacy, family enjoyment and investment opportunity. Located in an Unorganized Township, offering lower property taxes and greater flexibility for short-term rentals without municipal rental licensing restrictions. With a proven history as a successful 4-season vacation rental, this property is being sold fully furnished and equipped, including a pontoon boat with motor and trailer, kayaks, stand-up paddleboard and paddle boat - a truly turnkey opportunity! Commanda Lake is a wonderful family-friendly lake offering excellent fishing, swimming, boating and endless summer fun. The cottage features 3 bedrooms, 1 bathroom, a spacious living room with vaulted ceiling, cozy Napoleon wood-burning fireplace insert and beautiful lake views. The updated eat-in kitchen with centre island is perfect for entertaining. Enjoy the spectacular 48' x 12' waterfront deck, additional 30' x 16' rear deck, 8' x 40' dock system and swim platform. Recent improvements include a new heat pump and furnace, hot water tank, pressure tank, updated patio doors, new docking system and upgraded circular driveway. The expansive, mature treed lot provides outstanding privacy and plenty of room for outdoor activities. Whether you're looking for a turnkey waterfront rental investment, family cottage or year-round home, this Commanda Lake property offers an exceptional combination of space, privacy, recreation and potential!

3 bedrooms, 1 bathroom, about 1,100 sq ft, works out to roughly $590 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 581 Limberlost Point Rd

Every detail from the listing, in one place.

Type: Detached
Style: Bungalow
Living space: 1100-1500 sq ftas stated on the listing
Parking: 8 spaces
Basement: Crawl Space

Features & systems

Parking & garage

Parking spaces: 8

Interior

Basement: Crawl Space

Lot & land

Lot size (sqft): 2.2

Listing & possession

Property style: Bungalow
Property class: Detached

581 Limberlost Point Rd Price & Sale History

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

Oct 19, 2026For saleListedThis listingMLS® X14093332$649,000

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

What's it worth?

How 581 Limberlost Point Rd Compares to the Parry Sound Remote Area 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 32 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

Parry Sound Remote Area market, last 90 days

Median sold price: $350,000
Average sold price: $391,293
Average days on market: 73
Homes sold: 35

Closed sales on the TRREB MLS®.

Recently sold nearby in Parry Sound Remote Area

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

6 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 home581 Limberlost Point Road 3 bd · 1 ba · 1,100 sqft	$649,000asking	$590	—	—
3505 Boundary Road 3 bd · 1 ba · 1,100 sqft
180 CARIBOU Lane 2 bd · 1 ba · 700 sqft
5 20th Side Road 3 bd · 2 ba · 1,100 sqft
2758 Smith Bay Road 3 bd · 1 ba · 700 sqft
945 Riverside Drive 2 bd · 2 ba · 1,100 sqft
1052 Limberlost Point Road 2 bd · 1 ba · 700 sqft

3505 Boundary Road
3 bd · 1 ba · 1,100 sqft
180 CARIBOU Lane
2 bd · 1 ba · 700 sqft
5 20th Side Road
3 bd · 2 ba · 1,100 sqft
2758 Smith Bay Road
3 bd · 1 ba · 700 sqft
945 Riverside Drive
2 bd · 2 ba · 1,100 sqft
1052 Limberlost Point Road
2 bd · 1 ba · 700 sqft

Living in Parry Sound Remote Area: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Costs, Mortgage & Rental Return for 581 Limberlost Point Rd

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

Mortgage: $3,188; 20% down · 25 years · 5.5% assumed
Property tax: $357; 0.66% mill rate · ON
Total per month: $3,545; 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

$3,188

/mo

based on the purchase price of $649,000

Down payment20%

$129,800 cash

Amortization25 yr

$519,200 financed

Rate5.50%

$437,303 total interest

Principal54%$519,200

Interest46%$437,303

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 Crown Realty (1989) Inc., BrokerageMLS® X14093332 · Listing data last updated October 27, 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 Oct 18· $590/sq ft

Estimated monthly mortgage$3,188/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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