387 Watabeag Lake Road, Black River-Matheson, ON

$248,900
MLS#:T13239616
4 beds
0 baths
700-1100 sqft
10.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["1 1/2 Storey"] rural residential located in the coveted neighborhood of Matheson. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $248,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 0 Bathrooms
  • Generous living space spanning 700-1100 sqft on a premium 111.59 x 301.08 ft lot
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available
  • Notable attributes: Generator - Partial, Guest Accommodations
  • equipped with ["none"] central cooling and highly efficient other heating via other

Cottage Fun Starts here...this is a cottage on beautiful Watabeag Lake. Main Cottage built in 1975. Offers 3 bedrooms open concept kitchen dining and living area and a large loft bedroom. Overlooking the lake . A newer Guest cottage was built at the middle of the lot. the property includes everything you see Waterfront lot includes the Crown Reserve. Lot size : 111.59x315.08x110.95x301.08. Watabeag Wildgoose Community Cottager's Association Annual Membership $25.00 per year

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Key Features

Bedrooms
4
0
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/4/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeRural Residential
Architectural Style1 1/2 Storey
ConstructionOther
BasementNone
Lot Size111.59 × 301.08 Feet
CountyCochrane
Annual Tax$432.5
Legal DescriptionPCL 11665 SEC CST; SUMMER RESORT LT 11 PL M269TIM NORDICA; DISTRICT OF TIMISKAMING ; DISTRICT OF TIMISKAMING

Parking & Garage

Parking Spaces10.0
Garage Spaces10
Garage TypeNone

Heating & Cooling

Heat SourceOther
Heat TypeOther
CoolingNone

Features

Property Features

Lake Backlot, Wooded/Treed

Interior Features

Generator - Partial, Guest Accommodations

Security Features

Community Features

Location

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387 Watabeag Lake Road, Black River-Matheson, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 387 Watabeag Lake Road, Black River-Matheson, ON P4N 2G4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$199,120
Monthly Mortgage$1,157
Property Tax (Est.)$36
Utilities & Maint.$350
Total Monthly Cost$1,543

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Matheson, Black River Matheson.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$229,583

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.