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 12 acres and over 360 feet of natural granite shoreline. Backing on to crown land 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.
works out to roughly $399 per square foot. Chat with Zara if you'd like a deeper read on whether this land fits your budget and timing.
Inside Part 3 Loon Bay
Every detail from the listing, in one place.
Type
Land
Living space
< 700 sq ftas stated on the listing
Features & systems
Lot & land
Lot size (sqft)
11.66
Listing & possession
Property class
Vacant Land
Part 3 Loon Bay 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
$1,371
/mo
based on the purchase price of $279,000
$55,800 cash
$223,200 financed
$187,993 total interest
Principal54%$223,200
Interest46%$187,993
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 Loon Bay? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of Part 3 Loon Bay 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 Part 3 Loon Bay 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 market43Homes sold in about 43 days on average.
Sale-to-list ratio96.1%On average, homes sold below asking.
Active listings50Homes for sale here right now.
Median vs prior 90 days+28.7%Compared with Apr 24 – Jul 23, 2026: prices up.
Based on 23 sales from Jul 23 – Oct 21, 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 Part 3 Loon Bay
How much is Part 3 Loon Bay listed for?
Part 3 Loon Bay is listed at $279,000 (MLS® X13139020). Summitly updates the price as soon as the MLS® record changes.
Is $279,000 a good price for Part 3 Loon Bay?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Carling. 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 Part 3 Loon Bay changed?
Yes — it was first listed at $295,000 and is now $279,000, a drop of $16,000 (5.4%).
How many bedrooms and bathrooms does Part 3 Loon Bay have?
Part 3 Loon Bay has about 700 square feet of living space. The listing doesn't publish a bedroom or bathroom count. It is a lot in Carling.
How much would the monthly mortgage be on Part 3 Loon Bay?
About $1,371 a month — principal and interest on $279,000 with 20% down ($55,800), 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 Part 3 Loon Bay compare with other homes in Carling?
Its asking price of $279,000 is about 65% below the median sold price in Carling over the last 90 days, $795,000, across 23 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 Part 3 Loon Bay been sold before?
Summitly has no earlier MLS® sale or lease of Part 3 Loon Bay on record from the last two years. Older records aren't shown under TRREB rules.
Where is Part 3 Loon Bay?
Part 3 Loon Bay is in Carling, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has Part 3 Loon Bay been on the market?
161 days — Part 3 Loon Bay was listed on May 13, 2026.
What is the price per square foot of Part 3 Loon Bay?
About $399 per square foot: the asking price of $279,000 over the 700 sq ft the listing gives.
What is the lot size of Part 3 Loon Bay?
The lot is 17.495 acres, as published in the listing.
What is the land transfer tax on Part 3 Loon Bay?
About $2,660 in Ontario land transfer tax at the asking price of $279,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
