Draper · P1L 1X1
$899,999
$450 / sq ft1 months on market
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$749,000
Draper
Two Cottages. One Carefree Summer Story. Tucked along the shores of Prospect Lake with coveted southwest exposure, this rare lakeside package delivers something almost unheard of two fully equipped cottages on one beautiful lot. Its the kind of setup families dream about. One for you. One for them. Both with kitchens, bathrooms & bedrooms so everyone can come together without being on top of each other. At the heart of the property sits the main cottage: warm, welcoming & surrounded by tall pines. With 5 bedrooms & 2 baths, theres space to sleep a crowd & gather for games, meals, & early-morning coffee. A short stroll away, the 2nd cottage offers 3 bedrooms, a 3PC bath, its own kitchen, and a peaceful retreat just far enough for privacy but close enough to stay connected. Across the quiet lane, the shoreline invites you in. A 40' dock reaches out into the lake, with approx. 12' of depth off the end ideal for swimming, docking, or diving into summer. The sun-drenched, gently sandy shoreline is perfect for all ages. This is cottage life, uncomplicated where sand ends up in bedsheets, dinners are BBQd, & no ones fussing over perfect. Evenings settle into bonfires, marshmallows, & picture-perfect starry nights. Multiple upgrades add peace of mind, including a new septic system installed in 2021. A detached garage currently houses laundry & adds storage for the toys that make lake life even better. With two self-contained cottages, this property also presents a strong investment opportunity ideal for short-term vacation rentals, long-term tenants, or simply a shared family investment with excellent potential for rental income. Whether shared between siblings, passed down through generations, or held close as your own retreat, this is the kind of property that becomes part of your family story. Sun-soaked dock days. Campfire nights. Room for everyone. This is the cottage you've been waiting for.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 55% of comparable detached listings in Draper are asking less.
Based on 20 comparable active detached listings in Draper. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $899,999. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of Peryle Keye Real Estate Brokerage. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of Chestnut Park Real Estate
$975,000
Draper
Listing courtesy of Royal LePage Lakes Of Muskoka Realty
$1,074,900
Draper
Listing courtesy of RE/MAX Parry Sound Muskoka Realty Ltd
$999,900
Draper
Listing courtesy of Cayman Marshall International Realty Inc.
$925,000
Draper
Listing courtesy of Keller Williams Experience Realty
$987,000
Draper
Listing courtesy of Royal LePage Lakes Of Muskoka Realty
