730 124 Hwy is a 4-bedroom, 3-bathroom detached home in McKellar, listed for $1,499,000. It has 2000-2500 sq ft of living space.
1The open-concept design brings together the kitchen, dining and living areas, creating a bright and welcoming space equally suited to relaxed weekends at the lake, entertaining a crowd or year-round living.
2Outside, approximately 2.4 acres and 165 feet of shoreline provide an appealing sense of privacy and space.
3BasementCrawl Space, as described in the listing.
Newly built and thoughtfully designed, this 4-season cottage or year-round home perched on a stunning granite outcropping overlooking McKellar Lake. Offering an impressive combination of space, comfort and classic Northern Ontario waterfront, this recent build has been crafted with vaulted ceilings and a frame-worthy wall of westerly facing windows that draws your attention toward the lake, filling the home with natural light and creating a seamless connection to the outdoors. A floor-to-ceiling stone fireplace anchors the main living area, adding warmth and character while providing a natural gathering place for family and friends.With more than 2,400 sq. ft. of finished living space, 4+ bedrooms and 4 bathrooms, there is plenty of room to comfortably accommodate family and guests. The open-concept design brings together the kitchen, dining and living areas, creating a bright and welcoming space equally suited to relaxed weekends at the lake, entertaining a crowd or year-round living. Outside, approximately 2.4 acres and 165 feet of shoreline provide an appealing sense of privacy and space. Granite rock, mature trees and a natural shoreline create the unmistakable character of cottage country, while the lake is always at the centre of the experience. Beautifully finished, generously sized and offered with furnishings included, this property allows you to simply arrive, settle in and start enjoying life on McKellar Lake. McKellar is a great cottage community that has a one-stop general store, active community centre, ball diamond, outdoor rink, multiple beaches and parks with features such as a weekly market, fall fair, Scoobies and Bistro 685. There is also a nearby public boat launch that provides easy access to McKellar Lake for launching boats & toys.
4 bedrooms, 3 bathrooms, about 2,000 sq ft, works out to roughly $750 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 730 124 Hwy
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
2000-2500 sq ftas stated on the listing
Parking
12 spacesYes garage
Basement
Crawl Space
Features & systems
Parking & garage
Garage
Yes
Parking spaces
12
Interior
Basement
Crawl Space
Lot & land
Lot size (sqft)
2.445
Listing & possession
Property style
2-Storey
Property class
Detached
730 124 Hwy Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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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
$7,364
/mo
based on the purchase price of $1,499,000
$299,800 cash
$1,199,200 financed
$1,010,041 total interest
Principal54%$1,199,200
Interest46%$1,010,041
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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Similar homes for sale nearby in McKellar
Other 3-bed homes for sale in McKellar around $1.5M.
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 730 124 Hwy
How much is 730 124 Hwy listed for?
730 124 Hwy is listed at $1,499,000 (MLS® X13748240). Summitly updates the price as soon as the MLS® record changes.
Is $1,499,000 a good price for 730 124 Hwy?
Summitly rates it Above Market: the asking price is 5% to 15% 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 730 124 Hwy changed?
Yes — it was first listed at $1,590,000 and is now $1,499,000, a drop of $91,000 (5.7%).
How many bedrooms and bathrooms does 730 124 Hwy have?
730 124 Hwy has 4 bedrooms and 3 bathrooms, with about 2,000–2,500 square feet of living space. It is a detached home in McKellar.
How much would the monthly mortgage be on 730 124 Hwy?
About $7,364 a month — principal and interest on $1,499,000 with 20% down ($299,800), 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 730 124 Hwy compare with other homes in McKellar?
Its asking price of $1,499,000 is about 140% 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 730 124 Hwy been sold before?
Summitly has no earlier MLS® sale or lease of 730 124 Hwy on record from the last two years. Older records aren't shown under TRREB rules.
Where is 730 124 Hwy?
730 124 Hwy is in McKellar, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 730 124 Hwy been on the market?
47 days — 730 124 Hwy was listed on September 5, 2026.
What is the price per square foot of 730 124 Hwy?
About $600 to $750 per square foot: the asking price of $1,499,000 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 730 124 Hwy have parking or a garage?
Yes — the listing gives 12 parking spaces. Garage: Yes.
Does 730 124 Hwy have a basement, and is it finished?
The listing describes the basement as: Crawl Space.