$350,000
Lot 2 PLAN 6M499, North Munro Lake Road, Black River-Matheson, ON P0K 1N0
18 Beds
5 Baths
5 Parking
Rare waterfront retreat on Munro Lake. Set on 1.98 acres, this unique property features seven buildings, including a main lodge and six cottages, offering plenty of space to gather, unwind, and enjoy the outdoors. The property is serviced by hydro, a well, and a septic system, with water and sewer connected to the main lodge. The cottages are supplied with electricity, and all buildings feature durable tin roofs. The main lodge also benefits from electric heat. Follow the walking path to the lakefront gazebo, where you can enjoy your morning coffee overlooking the water or spend evenings taking in the peaceful surroundings. With year-round road access and a location in an unorganized township, this property offers a rare opportunity to own a multi-building waterfront getaway in Northern Ontario's cottage country. Whether you're spending weekends at the lake or hosting family and friends, Munro Lake provides the perfect backdrop.

Property Summary

Property Type Residential Freehold
Property Sub Type Other
Transaction Type For Sale
Style Bungalow
Approximate Age 31-50
Bedrooms Above Grade 18
Bathrooms 5
Kitchens 1
Basement None
Exposure East
Possession Flexible

Building

Building Type Other
Square Footage < 700
Exterior Aluminum Siding
Foundation Slab
Roof Metal
Heating Radiant
Heat Source Electric
Cooling None
Fireplace No

Measurements

Lot Size 275.72 x 299.57
Lot Size Area 1.98
Lot Size Units Feet
Frontage 275.72
Depth 299.57
Total Living Area < 700

Land

Address Lot 2 PLAN 6M499, North Munro Lake Road, Black River-Matheson, ON P0K 1N0
City Black River-Matheson
Community Matheson Unorganized
County / Area Cochrane
Cross Street Neely Rd and Highway 101
Sewer Septic
Water Source Drilled Well
Pool None
Parcel Number 653670215

Parking and Garage

Total Parking 5
Garage Spaces 0
Garage Type None
Parking Features Private Double

Taxes and Listing Info

List Price $350,000
Annual Taxes $884
Tax Year 2025
Status Active
Listing Date 2025-08-24T19:24:23Z
Updated 2026-05-25T20:38:16Z
MLS Number T12361665
Local Market Insight

What Buyers Should Know About Lot 2 PLAN 6M499, North Munro Lake Road, Black River-Matheson, ON P0K 1N0

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

Lot 2 PLAN 6M499, North Munro Lake Road, Black River-Matheson, ON P0K 1N0 is positioned in Matheson Unorganized, a part of Black River-Matheson where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a Bungalow, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Other should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Neely Rd and Highway 101, public transit options, parking availability, and drive times to employment areas. A property with 5 parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $350,000, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 18 bedrooms, 5 bathrooms, basement details marked as None, and a lot size of 275.72 x 299.57, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Black River-Matheson, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around Matheson Unorganized. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For Lot 2 PLAN 6M499, North Munro Lake Road, Black River-Matheson, ON P0K 1N0, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.