Listed for:Listed 19 days ago
$949,900

771 Limberlost Point Road

Parry Sound Remote Area (Restoule), ON P0H 2R0

Rural Residential For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 771 Limberlost Point Road, Parry Sound Remote Area, Restoule

No listing history available

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About 771 Limberlost Point Road, Parry Sound Remote Area, Restoule

Summarized Description

  • Exceptional waterfront property on Commanda Lake.
  • Newly built home with five bedrooms and four bathrooms.
  • Includes a separate self-contained apartment for rental income.
  • Heated garage and insulated shop for hobbyists.
  • Open-concept design with large windows and lake views.
  • Expansive deck perfect for outdoor entertaining.
  • Hot tub installed in 2024 with wind protection.
  • Quality construction with modern insulation features.

Exceptional waterfront, a heated garage and shop, and a separate apartment-discover outstanding value on beautiful Commanda Lake! Built in 2022, this year-round home combines quality construction with a fabulous hard-packed sandy shoreline, gradual water entry, and approximately 10 feet of water at the end of the floating dock. Whether you enjoy swimming, boating, or simply relaxing by the lake, this waterfront is the heart of the property. Offering five bedrooms and four bathrooms, including a self-contained one-bedroom apartment, the home provides plenty of space for family and guests, with potential rental income adding to its versatility. The open-concept main floor features warm wood finishes, generous living space, main-floor laundry, and a primary bedroom with an ensuite bath. Large windows frame beautiful lake views, while the expansive 40' x 10' deck is an inviting spot for outdoor dining and entertaining. The fully finished walkout lower level includes an impressive 40'6" x 12'4" family room with room for everyone to gather. For hobbyists and those needing space for vehicles, tools, and projects, the detached heated garage and separate heated, insulated shop are standout features. Both have hydro, and the shop includes engineered point-load pads designed to accommodate a future vehicle hoist, along with sealed-combustion heaters with fresh-air intakes. Additional features include GenerLink connection, Honeywell Wi-Fi thermostats with remote monitoring in all three buildings, R60 attic insulation, R24 wall insulation, an ICF home foundation and shop curb wall, and a hot tub installed in 2024 with a Lexan wind and snow screen. An under-deck metal roof and eavestrough system add further practicality. With its exceptional sandy waterfront, modern home, separate apartment, and impressive garage and shop, this Commanda Lake property delivers an outstanding combination of lifestyle, flexibility, and value.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$900
Land Transfer Tax Fee
$15,473

Rental Items

Rental Equipment
Propane Tank
Under Contract
Propane Tank

Basement Type
Finished with Walk-Out, Separate Entrance

Interior Features

Laundry Level
Main Level
Interior Extras
Air Exchanger, Carpet Free, Generator - Full, Guest Accommodations, In-Law Suite, Primary Bedroom - Main Floor, Water Heater Owned
View
Lake
Security Features
Security System
Fireplace/Stove
Yes
Fireplace Features
Living Room, Wood Stove
Elevator
No

Exterior Features

Exterior Extras
Deck, Fishing, Hot Tub, Recreational Area, Year Round Living
Pool
None
Property Features
Beach, Lake/Pond, Place Of Worship, Rec./Commun.Centre, School Bus Route, Waterfront
Other Structures
Additional Garage(s), Workshop

Building

Building Type
Rural Residential
Building Style
Bungalow

Construction

Exterior Finish
Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Insulated Concrete Form, Concrete
Special Designation
Unknown

Lot

Lot Front
104.27 ft
Lot Depth
204.00 ft
Lot Size
0.48
Lot Shape
Rectangular

Inclusions

Inclusions
Refrigerator, Stove Dishwasher, Microwave, Washer & Dryer, Refrigerator & Stove in Guest/In-Law apartment, Hot Tub, Docking, Work Bench in garage, Generlink & Wood Shed

Exclusions

Exclusions
Personal items

Parking & Garages

Garage Type
Detached
Garage Spaces
2
Parking Spaces
4
Total Garage And Parking Spaces
6

Heating & Cooling

Heat Source
Propane
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Well
Sewers
Septic
Natural Gas
No
Hydro
Yes
Cable
No
Telephone
Yes

Bedrooms
5
Washrooms
4
Kitchens
2
Family / bonus room
Yes

Room sizes

  • Kitchen—
    Second level
  • Bathroom—
    Second level, 3 Pc Bath
  • Bathroom—
    Main level, 4 Pc Bath
  • Utility Room—
    Lower level
  • Family Room—
    Lower level, Walk-Out
  • Living Room—
    Second level, Gas Fireplace, Open Concept
  • Bedroom 5—
    Second level
  • Bedroom 3—
    Lower level
  • Laundry—
    Main level
  • Foyer—
    Main level, Large Closet
  • Living Room—
    Main level, Wood Stove, Open Concept, W/O To Deck
  • Bathroom—
    Lower level, 3 Pc Bath
  • Primary Bedroom—
    Main level, 3 Pc Ensuite
  • Kitchen—
    Main level, Centre Island, Open Concept
  • Bathroom—
    Main level, 3 Pc Ensuite
  • Bedroom 2—
    Main level
  • Bedroom 4—
    Lower level

Washrooms

  • 3-piece, Main
  • 4-piece, Main
  • 3-piece, Lower
  • 3-piece, Second

Municipality
Parry Sound Remote Area
Neighbourhood
Restoule
Main cross streets
Limberlost Point Rd & Reeves Dr
Zoning
Unorganized
Directions
Hwy 534 to Restoule - cross single lane bridge to Hawthorne Dr then left onto Limberlost Point Road to SOP #771
Waterfront
Direct

MLS® number
X13846914
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-01
Updated on
2026-10-01
Days on market
19 days
Possession type
Immediate
Co-op commission
2%+HST
Seller
Listed by
Re/Max Crown Realty (1989) Inc.

Home Market Value

Current home valuation for 771 Limberlost Point Road, Parry Sound Remote Area, Restoule, Parry Sound Remote Area, ON. Listed for $949,900

HOMEH Estimate

?

$950,000

Estimated Sales Range

?

$570,000 - $1,330,000

HOMEH Estimate for 771 Limberlost Point Road, Parry Sound Remote Area, Restoule

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

$950,000Low confidence
Based on 1 comparable property
− $100 (0%) below our estimate — Good deal!
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

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Parry Sound Remote Area, ON
Minimum Down Payment Required:7.4%

5% on first $500K + 10% on $449,900 over $500K

Minimum down payment

$69,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$35,184$26,502$22,608$0
=Total mortgage
$914,791$881,412$830,023$759,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$4,466monthly$4,303monthly$4,053monthly$3,710monthly
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Land Transfer Tax

Provincial

$15,473

Total Land Transfer Tax

$15,473

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