268 Loch Erne Road, McDougall, ON P2A 2W7
McDougall · Near Lorimer Lake Road · View map
About this home
A proven income property with the kind of rural setting tenants and future owners can appreciate. Located just across the road from Vowels Lake and within easy reach of Parry Sound, this 3-bedroom, 1-bathroom home sits on 8.3 acres and has been a consistent rental property for the past 10 years. The home is currently rented for a one-year term beginning November 1, 2026, creating an opportunity for an investor looking to add an established property to their portfolio and begin earning income from day one. Surrounded by trees and set along a year-round municipally maintained road, the property offers privacy without giving up reliable four-season access. Inside, a wood stove adds warmth and character, while an attached garage, drilled well and septic system provide the practical features needed for comfortable country living. With approximately 8.3 acres to explore and Vowels Lake just across the road, the setting offers plenty of appeal beyond the numbers. Whether held as a long-term investment or considered for personal use in the future, this is a straightforward opportunity to own a versatile Northern Ontario property close to Parry Sound, with an established rental history and room to enjoy the outdoors.
The home
- Type
- Bungalow
- Style
- Bungalow
- Square footage
- 700-1100 sq ft
- Bedrooms
- 3
- Bathrooms
- 1
- Kitchens
- 1
- Rooms
- 8
- Basement
- None
- Lot size
- 332.4 x 1175.7 ft
- Faces
- North
- View
- Trees/Woods
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Carbon Monoxide Detectors, Smoke Detector
- Exterior
- Vinyl Siding
Heating & cooling
- Heating fuel
- Electric
- Heating type
- Baseboard
- Fireplace
- Yes
Garage & parking
- Garage
- Attached
- Garage spaces
- 1
- Driveway spaces
- 4
- Total parking
- 5
- Parking features
- Available
Taxes & other
- Property taxes
- $1,850/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- Negotiable
- Cross street
- Lorimer Lake Road
- Neighbourhood
- McDougall
More
- Price per sq ft
- ~$499 (at 900 sq ft)
- Listed
- Jul 23, 2026 · 81 days ago
- MLS® number
- X13597058
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The home and its surroundings
- Carpet Free
- Generator - Partial
- Primary Bedroom - Main Floor
- Separate Heating Controls
- Upgraded Insulation
- Water Heater Owned
- Workbench
- Golf
- Hospital
- Lake Access
- Wooded/Treed
- Deck
- Privacy
- Recreational Area
- Year Round Living
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
268 Loch Erne Road, McDougall, ON P2A 2W7
McDougall · Near Lorimer Lake Road
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Listing history for 268 Loch Erne Road
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 268 Loch Erne Road
Answers come straight from this home’s MLS® listing.
How much is 268 Loch Erne Road listed for, and what would it cost each month?
268 Loch Erne Road is listed for $449,000. With 20% down ($89,800), the mortgage payment would be roughly $1,811 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,965 a month, all in. That figure is an illustration, not a quote.
Is 268 Loch Erne Road freehold or a condo, and is there a monthly fee?
268 Loch Erne Road is a bungalow in McDougall. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 268 Loch Erne Road have?
268 Loch Erne Road has 3 bedrooms and 1 bathroom.
Does 268 Loch Erne Road have a garage and parking?
Yes. The listing shows the garage as attached, with room for 1 car. The driveway adds 4 spaces. In total the listing counts 5 parking spaces.
Does 268 Loch Erne Road have a finished basement?
No. The listing shows no basement for this home.
What style of home is 268 Loch Erne Road?
268 Loch Erne Road is a bungalow. A bungalow has all of its main living space, including the bedrooms, on one floor, usually over a full basement.
How big is 268 Loch Erne Road, and what is the lot size?
The listing puts the home between 700 and 1,100 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 332.4 x 1175.7 ft.
How is 268 Loch Erne Road heated and cooled?
Heating is baseboard (electric). The listing does not show air conditioning.
What are the property taxes for 268 Loch Erne Road?
Property taxes are $1,850 a year (2026), or about $154 a month.
Where is 268 Loch Erne Road?
268 Loch Erne Road is in McDougall. The nearest main intersection is Lorimer Lake Road. The postal code is P2A 2W7.
How long has 268 Loch Erne Road been on the market?
268 Loch Erne Road was listed on July 23, 2026. It has been on the market for 81 days. It is an active listing (MLS® X13597058). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 268 Loch Erne Road asking?
Similar bungalow-style homes for sale nearby right now include 120 Hammel Avenue at $525,000 (2+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 268 Loch Erne Road sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 268 Loch Erne Road?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this home and get an answer, usually within the hour.
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Courtesy of: Royal LePage Team Advantage Realty
PropTx MLS® assumes no responsibility for the accuracy of any information shown. 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.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.