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Coldwell Banker Summit Realty

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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 169 days

    Part 5 Loon Bay

    Carling·Carling, ON·P0G 1G0·Near Carling Bay Marina west to Loon Bay. Head north until end of bay. Northwest piece of land.

    • < 700 sqft
    Carling real estate›X12156455
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Welcome to this newly subdivided private water access building lot nestled in prestigious Loon Bay of Georgian Bay in the Parry Sound area. This property boasts almost 23 acres and almost 350 feet of natural granite shoreline. Large neighbouring parcels for maximum privacy. Enjoy deep water docking and multiple building sites throughout the property. Easy boat access to nearby marinas including Killbear Marina and Carling Bay Marina. 15 minutes by boat to Parry Sound. This property is ready for you to build your dream Northern Ontario home on the crystal clear waters of Georgian Bay surrounded by its natural beauty. The possibilities are endless on Loon Bay and the journey is yours to create.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    • Welcome to this newly subdivided private water access building lot nestled in prestigious Loon Bay of Georgian Bay in the Parry Sound area.
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    May 13, 2026Previously listedNew$290,000 —X13133498View
    May 15, 2025ListedCurrentFor sale$290,000 —X12156455This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      2
      Water source
      None
      Sewer
      None
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 Part 5 Loon Bay
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $1,425
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $222
    0.92% mill rate · ON
    The market

    How this home sits in the Carling market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Carling market right now

    Average sold price, days on market, and closed-transaction count for Carling — sourced from MLS®.

    • Avg sold price
      $797,909
      Last 30 days
    • Median sold price
      $905,000
      Middle of the market
    • Days on market
      65 d
      Avg from list to close
    • Closed last 30d
      11
      MLS® transactions
    Full Carling market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Part 5 Loon Bay — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at Part 5 Loon Bay and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is Part 5 Loon Bay listed for?

      Part 5 Loon Bay is listed at $290,000 on the MLS® (listing X12156455). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Part 5 Loon Bay have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. Vacant Land
  2. 10-24.99 ac lot
  3. Asking
    $290,000
    $414 / sqft · MLS® X12156455
    Chat Zara
    Part 5 Loon Bay — photo 3
  4. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $797,909
    $734,076Confidence range$861,742
    Asking vs estimate
    ↓below
    −$507,909
    (-63.7%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price (limited data on this listing).

    Market analytics

    Homes like this in Carling sell in about 65 days — this one has been listed 169 days.

    Avg sold price
    $797,909
    Median sold
    $905,000
    Avg days on market
    65
    Recently sold
    11
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    This property boasts almost 23 acres and almost 350 feet of natural granite shoreline.
  5. Large neighbouring parcels for maximum privacy.
  6. Enjoy deep water docking and multiple building sites throughout the property.
  7. Ask Zara a follow-up

    Exterior & construction

    1
    Waterfront
    Y
  8. Lot & land

    1
    Zoning
    WF1
  9. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    Other
    Property class
    Vacant Land
  10. Combined estimate
    $1,647
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $1,425
    /mo
    based on the purchase price of $290,000
    $58,000 cash
    $232,000 financed
    $195,405 total interest
    Monthly payment$1,425/ month
    Principal54%$232,000
    Interest46%$195,405

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable vacant lands that just sold in Carling

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 7 Mowat Island
      Sold
      Sign in for price
      7 Mowat Island
      Vacant Land
    • 44 Ridgeway Drive
      Sold
      Sign in for price
      44 Ridgeway Drive
      Vacant Land
    • 48 Ridgeway Drive
      Sold
      Sign in for price
      48 Ridgeway Drive
      Vacant Land
    • 46 Ridgeway Drive
      Sold
      Sign in for price
      46 Ridgeway Drive
      Vacant Land
    • 42 Ridgeway Drive
      Sold
      Sign in for price
      42 Ridgeway Drive
      Vacant Land
    • LT 22 CON 10
      Sold
      Sign in for price
      LT 22 CON 10
      Vacant Land
    AddressBd / BaSqftSold$/sqft% of askSold
    Part 5 Loon BayThis home0 / 0700$290,000ask$414——
    7 Mowat Island0 / 0——
    44 Ridgeway Drive0 / 0——
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More vacant lands in Carling

    Active listings within ±20% of this asking price.

    • 27 WA Loon Bay
      $324,900
      27 WA Loon Bay
      Vacant Land
    • 27 WA Loon Bay
      $324,900
      27 WA Loon Bay
      Vacant Land
    • Part 4 Loon Bay
      $315,000
      Part 4 Loon Bay
      Vacant Land
    • Part 3 Loon Bay
      $295,000
      Part 3 Loon Bay
      Vacant Land
    • Part 5 Loon Bay
      $290,000
      Part 5 Loon Bay
      Vacant Land
    • 8 Worsley Lane
      $264,999
      8 Worsley Lane
      Vacant Land
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  11. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  12. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  13. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  14. Public listing courtesy of Engel & Volkers Parry Sound · displayed on Summitly per MLS® data-share rules

    Part 5 Loon Bay is a < 700 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  15. When was Part 5 Loon Bay built?

    The year built for Part 5 Loon Bay isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  16. What is the property tax for Part 5 Loon Bay?

    The 'Property tax' tab in the History section shows the most recent annual tax for Part 5 Loon Bay plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  17. How much would the monthly mortgage be on Part 5 Loon Bay?

    The affordability calculator on this page shows an estimated monthly mortgage for $290,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  18. Has Part 5 Loon Bay been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Part 5 Loon Bay with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  19. What neighbourhood is Part 5 Loon Bay in?

    Part 5 Loon Bay is in Carling, Carling. The 'Neighbourhood' section below links to the live Carling real estate hub with average sold price, days on market, and current inventory.

  20. Is Carling a good place to live?

    Carling is one of ON's actively-tracked Summitly markets. The full Carling real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  21. 48 Ridgeway Drive
    0 / 0
    —
    —
    46 Ridgeway Drive0 / 0——
    42 Ridgeway Drive0 / 0——
    LT 22 CON 100 / 0——