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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Lots & Land in McDougall
About Lot 1 Loch Erne Road
Private 8.93-acre treed rural lot on Loch Erne Road in the Township of McDougall. This peaceful property offers a quiet setting to build your dream home or getaway retreat. Electricity is available at the lot line, and municipal year-round road maintenance ensures easy access in all seasons. Enjoy the natural surroundings while being just a short drive to Parry Sound, lakes, trails, and recreational amenities. A great opportunity to own land in a desirable rural area with excellent development potential.
McDougall land priced at $119,900 — book a tour to see if it fits your search.
Inside Lot 1 Loch Erne Rd
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
8.93
Listing & possession
Property class
Vacant Land
Lot 1 Loch Erne Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14004182$119,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How Lot 1 Loch Erne Rd Compares to the McDougall Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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
$589
/mo
based on the purchase price of $119,900
$23,980 cash
$95,920 financed
$80,790 total interest
Principal54%$95,920
Interest46%$80,790
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
Own a home on Loch Erne Road? See what yours is worth
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Book a tour of Lot 1 Loch Erne Rd with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about Lot 1 Loch Erne Rd day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
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.
Average days on market55Homes sold in about 55 days on average.
Sale-to-list ratio96.2%On average, homes sold below asking.
Active listings53Homes for sale here right now.
Median vs prior 90 days+28.9%Compared with Apr 16 – Jul 15, 2026: prices up.
Based on 25 sales from Jul 15 – Oct 13, 2026 (16 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About Lot 1 Loch Erne Rd
How much is Lot 1 Loch Erne Rd listed for?
Lot 1 Loch Erne Rd is listed at $119,900 (MLS® X14004182). Summitly updates the price as soon as the MLS® record changes.
Has the price of Lot 1 Loch Erne Rd changed?
No — Lot 1 Loch Erne Rd is still listed at its original asking price of $119,900.
How many bedrooms and bathrooms does Lot 1 Loch Erne Rd have?
The listing for Lot 1 Loch Erne Rd doesn't publish its bedroom and bathroom count. It is a lot in McDougall.
How much would the monthly mortgage be on Lot 1 Loch Erne Rd?
About $589 a month — principal and interest on $119,900 with 20% down ($23,980), 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.
How does Lot 1 Loch Erne Rd compare with other homes in McDougall?
Its asking price of $119,900 is about 82% below the median sold price in McDougall over the last 90 days, $664,000, across 25 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 Lot 1 Loch Erne Rd been sold before?
Summitly has no earlier MLS® sale or lease of Lot 1 Loch Erne Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is Lot 1 Loch Erne Rd?
Lot 1 Loch Erne Rd is in McDougall, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has Lot 1 Loch Erne Rd been on the market?
1 day — Lot 1 Loch Erne Rd was listed on October 12, 2026.
What is the lot size of Lot 1 Loch Erne Rd?
The lot is 7.495 acres, as published in the listing.
What is the land transfer tax on Lot 1 Loch Erne Rd?
About $924 in Ontario land transfer tax at the asking price of $119,900. 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 Lot 1 Loch Erne Rd 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.
What is the property tax for Lot 1 Loch Erne Rd?
The listing for Lot 1 Loch Erne Rd doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for McDougall.
