DetachedOn market 140 daysPrice drop · $40,000 off (-9.5%)
8992 Highway 129, Algoma, Unorganized, North Part
Algoma, Unorganized, North Part, ON · · MLS® X13886836Updated
$379,900Est. $1,866/mo mortgage
Bedrooms
3
Bathrooms
1
Living space
700–1100sq ft
Type Detached
Lot 50 acres
Basement None
What you should know
8992 Highway 129 is a 3-bedroom, 1-bathroom detached home in Algoma, Unorganized, North Part, listed for $379,900. It has 700-1100 sq ft of living space.
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3 Bed, 1 Bath Detached Home in Algoma, Unorganized, North Part
About 8992 Highway 129
Charming 3 bedroom cottage nestled in unorganized township offering low property taxes. Jobamageeshig lake has great fishing with Walleye, Brook Trout, Lake Trout, White Fish, Northern Pike & Small Mouth Bass. The cottage has a nice open concept with sunroom overlooking the lake, a wood stove for the cooler season, deck, sand beach & small boat launch. Adjacent to crown land, 2 storage sheds plus a wood shed. Surrounded by 100's of lakes and ATV trails in the area. Close to local trading post for amenities
3 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $543 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 8992 Highway 129
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Basement
None
Features & systems
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
8992 Highway 129 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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
$1,866
/mo
based on the purchase price of $379,900
$75,980 cash
$303,920 financed
$255,980 total interest
Principal54%$303,920
Interest46%$255,980
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 Algoma, Unorganized, North Part
Other 2–3 bed homes for sale in Algoma, Unorganized, North Part around $380K.
8992 Highway 129 is listed at $379,900 (MLS® X13886836). Summitly updates the price as soon as the MLS® record changes.
Has the price of 8992 Highway 129 changed?
Yes — it was first listed at $419,900 and is now $379,900, a drop of $40,000 (9.5%).
How many bedrooms and bathrooms does 8992 Highway 129 have?
8992 Highway 129 has 3 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Algoma, Unorganized, North Part.
How much would the monthly mortgage be on 8992 Highway 129?
About $1,866 a month — principal and interest on $379,900 with 20% down ($75,980), 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.
Has 8992 Highway 129 been sold before?
Summitly has no earlier MLS® sale or lease of 8992 Highway 129 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 8992 Highway 129?
8992 Highway 129 is in Algoma, Unorganized, North Part, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 8992 Highway 129 been on the market?
140 days — 8992 Highway 129 was listed on May 25, 2026.
What is the price per square foot of 8992 Highway 129?
About $345 to $543 per square foot: the asking price of $379,900 over the 700–1,100 sq ft the listing gives as its size range.
Does 8992 Highway 129 have a basement, and is it finished?
The listing says 8992 Highway 129 has no basement.
What is the lot size of 8992 Highway 129?
The lot is 50 acres, as published in the listing.
What is the land transfer tax on 8992 Highway 129?
About $4,174 in Ontario land transfer tax at the asking price of $379,900. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 8992 Highway 129 or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
