Part 5 Axe Lake Rd is a land in McMurrich/Monteith, listed for $349,900.
1With beautiful mature trees and a stream running along the west side of the lot, this property offers privacy and serenity.
2A driveway has been installed and a cleared area created near the water so it's ready for immediately use.
3Another perk is that it's only 2Km from the Horn Lake boat launch and with 1000's of acres of crownland in the area, this property offers peace, natural beauty and lots of opportunity to explore and enjoy.
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Lots & Land in McMurrich/Monteith
About Part 5 Axe Lake Road
Whether envisioning a year-round residence or a seasonal sanctuary, this 9.847 acre waterfront lot provides the perfect backdrop for your dream home or cottage located on peaceful Meadow Lake which is mostly surrounded by Crown Land and is a great place to be. With beautiful mature trees and a stream running along the west side of the lot, this property offers privacy and serenity. A driveway has been installed and a cleared area created near the water so it's ready for immediately use. Another perk is that it's only 2Km from the Horn Lake boat launch and with 1000's of acres of crownland in the area, this property offers peace, natural beauty and lots of opportunity to explore and enjoy. The seller will hold a mortgage with 20% down at 5% if desired. HYDRO poles being placed soon throughout area. HST in addition to purchase price.
McMurrich/Monteith land priced at $349,900 — book a tour to see if it fits your search.
Inside Part 5 Axe Lake Rd
Every detail from the listing, in one place.
Type
Land
Lot size
x 3009.847 sq ft
Features & systems
Lot & land
Lot dimensions
x 300
Lot size (sqft)
9.847
Listing & possession
Property class
Vacant Land
Part 5 Axe Lake 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® X13167292$349,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How Part 5 Axe Lake Rd Compares to the McMurrich/Monteith 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
$1,719
/mo
based on the purchase price of $349,900
$69,980 cash
$279,920 financed
$235,766 total interest
Principal54%$279,920
Interest46%$235,766
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.
For homeowners nearby
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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 McMurrich/Monteith
Other homes for sale in McMurrich/Monteith around $350K.
Average days on market69Homes sold in about 69 days on average.
Sale-to-list ratio90.1%On average, homes sold below asking.
Active listings39Homes for sale here right now.
Median vs prior 90 days−50.5%Compared with Apr 26 – Jul 25, 2026: prices down.
Based on 14 sales from Jul 25 – Oct 23, 2026 (6 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About Part 5 Axe Lake Rd
How much is Part 5 Axe Lake Rd listed for?
Part 5 Axe Lake Rd is listed at $349,900 (MLS® X13167292). Summitly updates the price as soon as the MLS® record changes.
Has the price of Part 5 Axe Lake Rd changed?
No — Part 5 Axe Lake Rd is still listed at its original asking price of $349,900.
How many bedrooms and bathrooms does Part 5 Axe Lake Rd have?
The listing for Part 5 Axe Lake Rd doesn't publish its bedroom and bathroom count. It is a lot in McMurrich/Monteith.
How much would the monthly mortgage be on Part 5 Axe Lake Rd?
About $1,719 a month — principal and interest on $349,900 with 20% down ($69,980), 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 Part 5 Axe Lake Rd compare with other homes in McMurrich/Monteith?
Its asking price of $349,900 is about 22% above the median sold price in McMurrich/Monteith over the last 90 days, $286,527, across 14 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 5 Axe Lake Rd been sold before?
Summitly has no earlier MLS® sale or lease of Part 5 Axe Lake Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is Part 5 Axe Lake Rd?
Part 5 Axe Lake Rd is in McMurrich/Monteith, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has Part 5 Axe Lake Rd been on the market?
153 days — Part 5 Axe Lake Rd was listed on May 23, 2026.
What is the lot size of Part 5 Axe Lake Rd?
The lot measures × 300 (7.495 acres), as published in the listing.
What is the land transfer tax on Part 5 Axe Lake Rd?
About $3,724 in Ontario land transfer tax at the asking price of $349,900. 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 Part 5 Axe Lake 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 Part 5 Axe Lake Rd?
The listing for Part 5 Axe Lake Rd doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for McMurrich/Monteith.
