62 Mill Lake Trl is a 3-bedroom, 2-bathroom detached home in McDougall, listed for $849,900. It has 1500-2000 sq ft of living space.
1Enjoy exceptional privacy, with no neighbours on one side, plus cleared space offering potential for a future garage or bunkie, subject to municipal approvals.
2BasementFinished with Walk-Out, as described in the listing.
Welcome to 62 Mill Lake Trail - a private, four-season waterfront retreat on beautiful Mill Lake, featuring over 275 feet of owned shoreline and west-facing exposure for spectacular sunsets. Tucked away at the end of the road, this exceptional property offers a peaceful natural setting with a sandy beach, multiple walkout decks, generous outdoor entertaining spaces, an outdoor shower and a floating swim dock. The fully winterized, turnkey cottage features 3 bedrooms, 2 bathrooms and a finished lower-level recreation room, complemented by tasteful granite accents throughout. Recent upgrades include a new septic system, modern appliances and a high-efficiency heat pump for year-round comfort. Enjoy exceptional privacy, with no neighbours on one side, plus cleared space offering potential for a future garage or bunkie, subject to municipal approvals. Mill Lake connects to the scenic three-lake chain, providing opportunities for boating, fishing, paddling and exploring the area's quiet shorelines and bays. Conveniently located approximately 15 minutes from Parry Sound, with easy access to Highway 400, nearby snowmobile and cross-country ski trails, golf courses, shopping and dining. Whether you're seeking a family cottage, a year-round residence or a private waterfront escape, this special property offers the perfect setting to relax, reconnect and enjoy waterfront living in every season. Property is being sold in "as is, where is" condition, with no representations or warranties made by the Seller.
3 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $567 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 62 Mill Lake Trl
Every detail from the listing, in one place.
Type
Detached
Style
3-Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
4 spaces
Basement
Finished with Walk-Out
Features & systems
Parking & garage
Parking spaces
4
Interior
Basement
Finished with Walk-Out
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
3-Storey
Property class
Detached
62 Mill Lake Trl Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14032854$849,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 62 Mill Lake Trl Compares to the McDougall 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
$4,175
/mo
based on the purchase price of $849,900
$169,980 cash
$679,920 financed
$572,671 total interest
Principal54%$679,920
Interest46%$572,671
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 McDougall
Other 2–3 bed homes for sale in McDougall around $850K.
Average days on market55Homes sold in about 55 days on average.
Sale-to-list ratio96.2%On average, homes sold below asking.
Active listings55Homes for sale here right now.
Median vs prior 90 days+32.8%Compared with Apr 17 – Jul 16, 2026: prices up.
Based on 25 sales from Jul 16 – Oct 14, 2026 (16 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 62 Mill Lake Trl
How much is 62 Mill Lake Trl listed for?
62 Mill Lake Trl is listed at $849,900 (MLS® X14032854). Summitly updates the price as soon as the MLS® record changes.
Is $849,900 a good price for 62 Mill Lake Trl?
Summitly rates it Good Deal: the asking price is 3% to 10% below Zara's estimate, an estimate built from recent sales in McDougall. 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 62 Mill Lake Trl changed?
No — 62 Mill Lake Trl is still listed at its original asking price of $849,900.
How many bedrooms and bathrooms does 62 Mill Lake Trl have?
62 Mill Lake Trl has 3 bedrooms and 2 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in McDougall.
How much would the monthly mortgage be on 62 Mill Lake Trl?
About $4,175 a month — principal and interest on $849,900 with 20% down ($169,980), 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 62 Mill Lake Trl compare with other homes in McDougall?
Its asking price of $849,900 is about 28% above the median sold price in McDougall over the last 90 days, $664,000, across 25 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 62 Mill Lake Trl been sold before?
Summitly has no earlier MLS® sale or lease of 62 Mill Lake Trl on record from the last two years. Older records aren't shown under TRREB rules.
Where is 62 Mill Lake Trl?
62 Mill Lake Trl is in McDougall, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 62 Mill Lake Trl been on the market?
1 day — 62 Mill Lake Trl was listed on October 13, 2026.
What is the price per square foot of 62 Mill Lake Trl?
About $425 to $567 per square foot: the asking price of $849,900 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 62 Mill Lake Trl have parking or a garage?
Yes — the listing gives 4 parking spaces.
Does 62 Mill Lake Trl have a basement, and is it finished?
The listing describes the basement as: Finished with Walk-Out.
