The full cottage country experience! 4 season, bungalow, winterize home/cottage on large and desirable Lake Manitouwabing in McKellar. A serene drive into 3.1 acres of privacy and 150 feet of waterfront shoreline enjoyment. Enjoy the calmness of Mother Nature and gaze at the glistening waters from your Lake House deck. Meticulous placement of trees for privacy and view. No details forgotten for this well built and maintained Viceroy home Hardwood flooring and pine ceilings. Granite counter tops. New top of the line ensuite bathroom. Vaulted ceilings throughout. The open concept is great for entertaining. Large windows bringing in plenty of natural light. Waterside shed to store your water toys or have yourself a tiki party. Newer steel roof. Propane forced air heating and propane fireplace for getting cozy on a cool fall day and outdoor winter fun. Drilled well. Double car garage with plenty of storage space. Short drive into McKellar for amenities and your mixers, golfing and community centre. Just down the highway join the cross country ski club. Visit Parry Sound for big store shopping, boutique shops, restaurants, hospital, schools, theatre of the arts and much more. All season activities from your door step with great swimming, boating, fishing, snowmobiling, ATVing and Ice fishing. Living life for experience and creating fond memories. Click on the media arrow for virtual tour, floor plans and 3D imaging.
3 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $1,428 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 587 Centre Rd
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
8 spacesYes garage
Basement
Crawl Space, Exposed Rock
Features & systems
Parking & garage
Garage
Yes
Parking spaces
8
Interior
Basement
Crawl Space · Exposed Rock
Lot & land
Lot size (sqft)
3.1
Listing & possession
Property style
Bungalow
Property class
Detached
587 Centre 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® X13673698$999,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 587 Centre Rd Compares to the McKellar Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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
$4,912
/mo
based on the purchase price of $999,900
$199,980 cash
$799,920 financed
$673,743 total interest
Principal54%$799,920
Interest46%$673,743
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 McKellar
Other 2–5 bed homes for sale in McKellar around $1000K.
Average days on market55Homes sold in about 55 days on average.
Sale-to-list ratio93.0%On average, homes sold below asking.
Active listings47Homes for sale here right now.
Median vs prior 90 days+40.8%Compared with Apr 24 – Jul 23, 2026: prices up.
Based on 19 sales from Jul 23 – Oct 21, 2026 (12 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 587 Centre Rd
How much is 587 Centre Rd listed for?
587 Centre Rd is listed at $999,900 (MLS® X13673698). Summitly updates the price as soon as the MLS® record changes.
Is $999,900 a good price for 587 Centre 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 587 Centre Rd changed?
No — 587 Centre Rd is still listed at its original asking price of $999,900.
How many bedrooms and bathrooms does 587 Centre Rd have?
587 Centre Rd has 3 bedrooms and 2 bathrooms, with about 700–1,100 square feet of living space. It is a detached home in McKellar.
How much would the monthly mortgage be on 587 Centre Rd?
About $4,912 a month — principal and interest on $999,900 with 20% down ($199,980), 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 587 Centre Rd compare with other homes in McKellar?
Its asking price of $999,900 is about 60% 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 587 Centre Rd been sold before?
Summitly has no earlier MLS® sale or lease of 587 Centre Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 587 Centre Rd?
587 Centre Rd is in McKellar, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 587 Centre Rd been on the market?
72 days — 587 Centre Rd was listed on August 10, 2026.
What is the price per square foot of 587 Centre Rd?
About $909 to $1,428 per square foot: the asking price of $999,900 over the 700–1,100 sq ft the listing gives as its size range.
Does 587 Centre Rd have parking or a garage?
Yes — the listing gives 8 parking spaces. Garage: Yes.
Does 587 Centre Rd have a basement, and is it finished?
The listing describes the basement as: Crawl Space, Exposed Rock.