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 669 Rye Road, South River - where opportunity meets urgency. The seller is motivated and ready to deal, so if you've been waiting for a sign to make an offer... this is it. Set on a massive 75.35 acres in unorganized Lount Township (Parry Sound District), this property isn't just big - it's wide-open potential. The 2-storey brick home (built 1992, nearly 2,000 sq ft) includes a self-contained apartment with separate entrance, making it ideal for multi-generational living, rental income, or on-site staff housing. Outside, you've got a detached double garage, a large livestock barn ready to be reimagined as storage (antique cars, equipment), a workshop, business space, or even a barn-style residential conversion. Think barndominium vibes with real acreage to back it up. The land itself? Straight out of a brochure: two stocked fish ponds, forested acreage, and a private lake - all delivering serious retreat, recreational, or income-generating potential. This property works whether you're an entrepreneur, investor, developer, or someone who just wants space and freedom. And here's where it gets interesting There's an option to purchase the adjoining 61 acres, complete with a licensed granite quarry. Continue quarry operations or pivot to campground, rental cottages, or residential development. Buy both parcels and you unlock the rare ability to live on site while running a business, or house management and staff right on the property. Location seals the deal: Sawmill only 1 km away Major lumber yard in Sundridge. Access to experienced local trades and workforce Former trout-farming ponds. Excellent hunting for small and big game. This is a true work-live-play setup, and opportunities like this do not sit forever - especially with a seller ready to move on due to health reasons. Seller is motivated. Bring an offer. Adjacent property X12353767 is also available. All buyers and agents to verify measurements.
Property Details
Listing
MLS® number
X12353410
Status
For Sale
Listed
Aug 19, 2025
Last updated
Jun 24, 2026
Possession
Flexible
Building
Type
Detached
Style
2-Storey
Approx. age
Not provided by brokerage
Approx. size
1,500–2,000 ft²
Basement
Finished with Walk-Out, Separate Entrance
Lot
Frontage
Not provided by brokerage
Depth
Not provided by brokerage
Lot area
Not provided by brokerage
View
South
Community
Lount
Parking & utilities
Garage
Detached, Garage, 2 spaces
Driveway
Circular Drive, 8 spaces
Heating
Other
Cooling
None
Water / sewer
Not provided by brokerage
Taxes
Property tax
$315 / 2024
Condo fee
N/A
Source
Data source
TRREB (VOW feed)
Listed by
CENTURY 21 B.J. ROTH REALTY LTD.
Interior
Level
Room
Size
Features
Loading rooms…
Interior Features
Bedrooms above grade: 4
Kitchens: 2 above grade
Basement: Finished with Walk-Out, Separate Entrance
Heating: Other
Cooling: None
Fireplace: Yes
Exterior
Waterfront features: None
Pool features: None
Property features: Golf, Greenbelt/Conservation, Hospital, Marina, Place Of Worship, School
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
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$6,685/mo
Mortgage (principal + interest)$6,659
Property taxFrom listing: $315/yr$26
Minimum 20% ($356,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. 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$356,000
Ontario land transfer taxProvincial brackets, no first-time refund$32,075
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$390,875
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Parry Sound Remote Area 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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
