Listed for:Listed May 25, 2026
$699,000

688A Prevost Road

French River, ON P0M 2N0

Detached House For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 688A Prevost Road, French River

No listing history available

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About 688A Prevost Road, French River

Summarized Description

  • Turnkey 4 season waterfront home on Bear Lake
  • Currently operating as a licensed Airbnb
  • Generated over $50,000 income in 2025
  • Stunning views and year-round comfort
  • Upgraded aluminum and floating docks available
  • 1,600 sq ft garage with finished area
  • Significant upgrades including new roof and septic
  • Located near shops, dining, and services

Turnkey 4 season waterfront home on beautiful Bear Lake! This true 5 bedroom, 2 bathroom home offers stunning views, year-round comfort, and proven income potential. Currently operating as a licensed Airbnb, the property generated $50,000+ in 2025 with significant untapped growth opportunities.Main level offers 3 bedrooms, spacious living space, and lake views. Lower level features 2 additional bedrooms and a large family room with hookup for a wood-fired stove (not currently in use). Upgrades include a new roof, new septic system, new property grading, and a Generac generator. Outdoors, enjoy a upgraded aluminum dock and floating dock, perfect for boating and relaxing. The 1,600 sq ft garage includes a finished area previously used as a storefront, ideal for a workshop, studio, or business.Located just minutes from Noelville with shops, dining, and services nearby. Don't miss your chance to own this rare waterfront gem with income potential on one of the regions most desirable lakes. Showings scheduled around guest bookings.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,407
Land Transfer Tax Fee
$10,455

Rental Items

Rental Equipment
None

Basement Type
Finished

Interior Features

Interior Extras
Generator - Full
Fireplace/Stove
Yes
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
Bungalow

Construction

Exterior Finish
Vinyl Siding, Brick
Roof
Metal
Foundation Details
Block
Special Designation
Unknown

Lot

Lot Front
177.44 ft
Lot Depth
198.45 ft
Lot Size
38007.37

Inclusions

Inclusions
Existing Appliances: Fridge, Stove, Microwave, Dishwasher, Stand Up Freezer

Exclusions

Exclusions
Downstairs: Leather Sectional, Wardrobe & Antique Dresser in Bedrooms

Parking & Garages

Garage Type
Detached
Garage Spaces
2
Parking Spaces
6
Total Garage And Parking Spaces
8

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
None
Water
Other
Sewers
Septic

Bedrooms
3 + 2
Washrooms
2
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Kitchen—
    Main level
  • Living Room—
    Main level
  • Sunroom—
    Main level
  • Primary Bedroom—
    Main level
  • Bedroom—
    Main level
  • Bedroom—
    Main level
  • Laundry—
    Main level
  • Bedroom—
    Lower level
  • Family Room—
    Lower level
  • Bedroom—
    Lower level
  • Bedroom—
    Lower level

Washrooms

  • 3-piece, Main
  • 3-piece, Lower

Municipality
French River
Main cross streets
hwy 535 and Prevost
Directions
Turn onto HWY 64 to Noelville, continue driving straight and the road becomes HWY 535. Continue on HWY 535 to Prevost Rd. Turn right onto Prevost Road and drive to #688A.
Waterfront
Direct

MLS® number
X13168250
Data source
Toronto Regional Real Estate Board
Listed on
2026-05-25
Updated on
2026-05-25
Days on market
143 days
Possession type
Other
Co-op commission
2.5%
Seller
Listed by
eXp Realty

Home Market Value

Current home valuation for 688A Prevost Road, French River, , . Listed for $699,000

HOMEH Estimate

?

$569,783

Estimated Sales Range

?

$438,295 - $813,976

HOMEH Estimate for 688A Prevost Road, French River

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$569,783Low confidence
Based on 2 comparable properties
+ $129,217 (23%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Minimum Down Payment Required:6.4%

5% on first $500K + 10% on $199,000 over $500K

Minimum down payment

$44,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$26,143$19,502$16,636$0
=Total mortgage
$679,708$648,602$610,786$559,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,319monthly$3,167monthly$2,982monthly$2,730monthly
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Land Transfer Tax

Provincial

$10,455

Total Land Transfer Tax

$10,455

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