The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Welcome to your own private island retreat on beautiful Dog Lake, just a two-minute boat ride from the historic Northern Ontario community of Missanabie. This exceptional turnkey property offers a rare opportunity to own a fully developed island getaway where everything is included—boats, motor, furnishings, appliances, tools, equipment, and more. The property features multiple cabins and accommodations, making it ideal for large families, multi-generational ownership, guest retreats, hunting and fishing groups, or future tourism potential. The main two-storey cabin offers an open-concept layout with one bedroom and one bathroom, capturing the true spirit of Northern Ontario living. Nearby, a charming log cabin features two bedrooms plus a loft, an open-concept kitchen and living area, and a screened-in porch perfect for relaxing summer evenings. Additional accommodations include a bunkie, a separate one-bedroom guest cabin, and a detached garage. At the far end of the island, accessible by a scenic trail, you’ll find a storage shed and a partially completed two-storey cabin with two bedrooms, a full bathroom, and open-concept living space ready for your finishing touches. Outdoor living is second to none with expansive two-tier decking, four separate entertaining areas, a dedicated outdoor cooking space, spectacular lake views, and endless opportunities to enjoy the surrounding wilderness. Dog Lake is renowned for its exceptional fishing, boating, and breathtaking scenery. The island also offers subdivision potential, adding future value and development opportunities. Included in the sale are a 16-foot boat, a 12-foot boat, a 20 HP Suzuki outboard motor, all furnishings, appliances, three barbecues, a smoker, cement mixer, scaffolding, and countless additional items. With low taxes, off-grid simplicity, and years of thoughtful improvements, this is a rare chance to own a fully equipped Northern Ontario island property where memories can begin immediately.
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$2,095/mo
Mortgage (principal + interest)$2,057
Property taxFrom listing: $455/yr$38
Minimum $29,990 down for this price; the slider moves in whole percent, starting at 6%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$109,980
Ontario land transfer taxProvincial brackets, no first-time refund$7,473
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$120,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Algoma, Unorganized, North Part has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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.
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