For sale

DetachedOn market 124 daysPrice drop · $30,000 off (-5.7%)

Garden Lake, Algoma, Unorganized, North Part

Name: Garden Lake
SKU: X13887342
Price: 499900 CAD
Availability: InStock

Algoma, Unorganized, North Part, ON · · MLS® X13887342Updated August 18, 2026

$499,900Est. $2,456/mo mortgage

Bedrooms: 3
Bathrooms: 1
Living space: 700–1100sq ft

Type Detached
Lot 25.995 acres
Garage Yes
Basement None

What you should know

Garden Lake is a 3-bedroom, 1-bathroom detached home in Algoma, Unorganized, North Part, listed for $499,900. It has 700-1100 sq ft of living space.

Exquisite beachfront property on beautiful Garden Lake.
Watch the sunrise with your morning coffee on your deck or in your 2-bed custom-log-made, cozy cabin, and if guests are staying over, they can stay in the self-sustaining bunkie.
Keep all your toys in the large garage, hang out with friends in the workshop outbuilding, or roast marshmallows right by the water at night.

Ask Zara:

3 Bed, 1 Bath Detached Home in Algoma, Unorganized, North Part

Make this 3-season resort your own! Exquisite beachfront property on beautiful Garden Lake. Pride of ownership shows with every door you open. Watch the sunrise with your morning coffee on your deck or in your 2-bed custom-log-made, cozy cabin, and if guests are staying over, they can stay in the self-sustaining bunkie. Keep all your toys in the large garage, hang out with friends in the workshop outbuilding, or roast marshmallows right by the water at night. Enjoy the days relaxing on the soft sandy beach running from the sauna to the lake, while being surrounded by moose, deer, and turkeys—the best of nature at your doorstep! Four wheelers, boat, motors, sleds, all negotiable! Book today to see this hidden gem, just a quick drive from Searchmont Resort, Mountainview Lodge, and great hiking spots to capture all that Northern Ontario has to offer!

3 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $714 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside Garden Lake

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

Parking & garage

Garage: Yes

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Bungalow
Property class: Detached

Garden Lake Price & Sale History

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

—ReducedPrice reducedThis listingMLS® X13887342−$30,000 (5.7%)$499,900
Jun 10, 2026For saleListedThis listingMLS® X13887342$529,900

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

What's it worth?

How Garden 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

There isn’t enough local sales data to estimate this home’s value yet. The comparable sales and market numbers are the best guide.

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

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

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Loading schools, parks, groceries and more nearby…

How long is your commute?

From Garden Lake. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for Garden Lake

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

Mortgage: $2,456; 20% down · 25 years · 5.5% assumed
Property tax: $275; 0.66% mill rate · ON
Total per month: $2,731; 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.

Mortgage payments

Mortgage financingPowered by

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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

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$2,456

/mo

based on the purchase price of $499,900

Down payment20%

$99,980 cash

Amortization25 yr

$399,920 financed

Rate5.50%

$336,838 total interest

Principal54%$399,920

Interest46%$336,838

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

Want rate-drop alerts and a saved shortlist?

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.

For homeowners nearby

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A licensed local agent

Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.

Find an agent (905) 553-8500 (main line)

MLS® X13887342 · Listing data last updated August 18, 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 Jun 9· $714/sq ft

Estimated monthly mortgage$2,456/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

Similar homes for sale nearby in Algoma, Unorganized, North Part

Other 3–4 bed homes for sale in Algoma, Unorganized, North Part around $500K.

3 Bed, 1 Bath Detached Home in Algoma, Unorganized, North Part

3 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $714 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Garden Lake Price & Sale History

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

—ReducedPrice reducedThis listingMLS® X13887342−$30,000 (5.7%)$499,900
Jun 10, 2026For saleListedThis listingMLS® X13887342$529,900

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

How Garden 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

There isn’t enough local sales data to estimate this home’s value yet. The comparable sales and market numbers are the best guide.

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

Market pulse · Algoma, Unorganized, North Part

Active listings91Homes for sale here right now.

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

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Loading schools, parks, groceries and more nearby…

How long is your commute?

From Garden Lake. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for Garden Lake

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

Mortgage: $2,456; 20% down · 25 years · 5.5% assumed
Property tax: $275; 0.66% mill rate · ON
Total per month: $2,731; 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.

Mortgage payments

Mortgage financingPowered by

Lock in a low rate before you offer

Compare today's rates across lenders, lock yours in, and get pre-qualified in about 2 minutes.

Lock in my rate

Call now

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

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$2,456

/mo

based on the purchase price of $499,900

Down payment20%

$99,980 cash

Amortization25 yr

$399,920 financed

Rate5.50%

$336,838 total interest

Principal54%$399,920

Interest46%$336,838

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

Want rate-drop alerts and a saved shortlist?

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

Questions About Garden Lake

How much is Garden Lake listed for?

Garden Lake is listed at $499,900 (MLS® X13887342). Summitly updates the price as soon as the MLS® record changes.

Has the price of Garden Lake changed?

Yes — it was first listed at $529,900 and is now $499,900, a drop of $30,000 (5.7%).

How many bedrooms and bathrooms does Garden Lake have?

Garden Lake 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 Garden Lake?

About $2,456 a month — principal and interest on $499,900 with 20% down ($99,980), 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 Garden Lake been sold before?

Summitly has no earlier MLS® sale or lease of Garden Lake on record from the last two years. Older records aren't shown under TRREB rules.

Where is Garden Lake?

Garden Lake is in Algoma, Unorganized, North Part, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has Garden Lake been on the market?

124 days — Garden Lake was listed on June 10, 2026.

What is the price per square foot of Garden Lake?

About $454 to $714 per square foot: the asking price of $499,900 over the 700–1,100 sq ft the listing gives as its size range.

Does Garden Lake have parking or a garage?

Garage: Yes.

Does Garden Lake have a basement, and is it finished?

The listing says Garden Lake has no basement.

What is the lot size of Garden Lake?

The lot is 25.995 acres, as published in the listing.

What is the land transfer tax on Garden Lake?

About $6,473 in Ontario land transfer tax at the asking price of $499,900. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.

Garden Lake, Algoma, Unorganized, North Part

What you should know

3 Bed, 1 Bath Detached Home in Algoma, Unorganized, North Part