DetachedOn market 34 days

7 Weckstrom Lake, Algoma, Unorganized, North Part

Name: 7 Weckstrom Lake
SKU: X13887984
Price: 499000 CAD
Availability: InStock

Algoma, Unorganized, North Part, ON · MLS® X13887984Updated September 10, 2026

$499,000Est. $2,451/mo mortgage

Bedrooms: 5
Bathrooms: 3
Living space: 2000–2500sq ft

Type Detached
Lot 50 acres
Basement Unfinished, Full

What you should know

7 Weckstrom Lake is a 5-bedroom, 3-bathroom detached home in Algoma, Unorganized, North Part, listed for $499,000. It has 2000-2500 sq ft of living space.

Need extra space for family and friends?
The separate guest house is ready to welcome visitors, featuring 1 bedroom, a full kitchen, and a full bathroom.
Whether used for guests, extended family, a private retreat, or additional living space, it adds incredible versatility to the property.

Ask Zara:

5 Bed, 3 Bath Detached Home in Algoma, Unorganized, North Part

About 7 Weckstrom Lake

Welcome to 7 Weckstrom Lake, a truly special waterfront property where character, comfort, and nature come together. Set on the shores of Weckstrom Lake in beautiful Searchmont, this unique retreat offers the perfect blend of rustic charm and modern off-grid living. The main house features 4 bedrooms and 1.5 baths, with plenty of character and warmth throughout. Designed to embrace its natural surroundings, the home offers inviting living spaces, abundant deck space, and a bright sunroom; the perfect spot to enjoy your morning coffee, curl up with a book, or take in the changing seasons. Need extra space for family and friends? The separate guest house is ready to welcome visitors, featuring 1 bedroom, a full kitchen, and a full bathroom. Whether used for guests, extended family, a private retreat, or additional living space, it adds incredible versatility to the property. The property is solar powered and completely off-grid, offering a wonderful opportunity to embrace a more self-sufficient lifestyle while enjoying the peace and privacy of your own lakeside haven. Step outside and the real magic begins. Enjoy generous deck space overlooking the water, your own sandy beach, and a dock that makes getting out on the lake easy. Spend summer days swimming, boating, fishing, or simply relaxing by the water, then gather around the fire and enjoy the quiet of the evening. With many inclusions and everything you need to settle in and start enjoying lake life, this is truly a move-right-in property. If you're looking for a property with personality, privacy, waterfront, and the freedom of off-grid living, 7 Weckstrom Lake is one you won't want to miss.

5 bedrooms, 3 bathrooms, about 2,000 sq ft, works out to roughly $250 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 7 Weckstrom Lake

Every detail from the listing, in one place.

Type: Detached
Style: Other
Living space: 2000-2500 sq ftas stated on the listing
Basement: Unfinished, Full

Features & systems

Interior

Basement: Unfinished · Full

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Other
Property class: Detached

7 Weckstrom Lake Price & Sale History

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

Sep 8, 2026For saleListedThis listingMLS® X13887984$499,000

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

What's it worth?

How 7 Weckstrom Lake Compares to the Algoma, Unorganized, North Part Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 39 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

Algoma, Unorganized, North Part market, last 90 days

Median sold price: $217,500
Average sold price: $280,063
Average days on market: 56
Homes sold: 62

Closed sales on the TRREB MLS®.

Recently sold nearby in Algoma, Unorganized, North Part

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 home7 Weckstrom Lake 5 bd · 3 ba · 2,000 sqft	$499,000asking	$250	—	—
264 MacIntyre Road 4 bd · 1 ba
MAN057 Whitefish Lake 5 bd · 1 ba · 1,100 sqft
776 A Pineshores Road 4 bd · 2 ba · 1,500 sqft
580 Mackay Road 4 bd · 1 ba · 2,000 sqft
12567 Highway 17 North 4 bd · 1 ba · 1,500 sqft
296 Old Goulais Bay Road 4 bd · 2 ba

264 MacIntyre Road
4 bd · 1 ba
MAN057 Whitefish Lake
5 bd · 1 ba · 1,100 sqft
776 A Pineshores Road
4 bd · 2 ba · 1,500 sqft
580 Mackay Road
4 bd · 1 ba · 2,000 sqft
12567 Highway 17 North
4 bd · 1 ba · 1,500 sqft
296 Old Goulais Bay Road
4 bd · 2 ba

Living in Algoma, Unorganized, North Part: Location & Amenities

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Costs, Mortgage & Rental Return for 7 Weckstrom Lake

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

Mortgage: $2,451; 20% down · 25 years · 5.5% assumed
Property tax: $274; 0.66% mill rate · ON
Total per month: $2,725; 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

$2,451

/mo

based on the purchase price of $499,000

Down payment20%

$99,800 cash

Amortization25 yr

$399,200 financed

Rate5.50%

$336,231 total interest

Principal54%$399,200

Interest46%$336,231

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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MLS® X13887984 · Listing data last updated September 10, 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 Sep 7· $250/sq ft

Estimated monthly mortgage$2,451/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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