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Investment signal

$469,000

67 GREAT HERON LANE

Save this home

Beds

1

Baths

1

Sqft

Year

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Killaloe, Hagarty and Richards. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Turn-Key Waterfront Investment on Golden Lake | Proven Short-Term Rental Income. A rare opportunity to own a high-performing, fully furnished short-term rental on beautiful Golden Lake-one of the Ottawa Valley's most sought-after destinations for recreation, tourism, and waterfront living.This modern one-bedroom, one-bathroom container-style cottage blends minimalist design with maximum comfort, offering guests a unique lakeside stay that consistently earns five-star reviews on Airbnb and Booking.com. With a strong online presence, repeat guest base, and proven revenue history, this property represents an exceptional opportunity for buyers seeking a cash-flow positive STR investment or an affordable turn-key waterfront getaway.Bright, efficient, and thoughtfully designed, the cottage is fully furnished and ready to operate, making it ideal for investors looking for a low-maintenance income property or buyers dreaming of a vacation cottage that helps pay for itself.The property is equipped with a heat pump for efficient heating and cooling, along with a drilled well and septic system, ensuring reliable utilities and low operating costs. Currently configured as a well-maintained three-season retreat, the cottage also offers excellent potential to convert into a four-season rental with modest upgrades, allowing owners to expand the rental calendar and increase income potential.Situated along the scenic shores of Golden Lake in the Ottawa Valley, the property is surrounded by natural beauty and year-round recreation including swimming, boating, fishing, hiking, and snowmobiling. Known for its clear water, sandy shoreline, and welcoming community, Golden Lake remains a favourite destination for both Canadian and international travellers.Some listing photos have been digitally enhanced to illustrate the property during the summer season.A rare opportunity to own an affordable waterfront cottage, proven short-term rental, and turn-key investment property all in one. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
571 - Killaloe/Round Lake
Common interest
Freehold
Lot dimensions
100 FT
Bedrooms
1 above grade
Parking
4 total
Stories
1
On market
Mar 15, 2026
Status changed
Apr 22, 2026
Annual tax
$3,064 (2025)
Photos
25
MLS#
X12884554
Area
KILLALOE,_HAGARTY_AND_RICHARDS

Features and systems

Parking

No Garage

Basement

None

Appliances

Range

Heating

Heat PumpElectric

Foundation

Wood/Piers

View

Direct Water View
Negative cash flow ~$550/mo at these assumptions

Cash on cash

-7.03%

Cap rate

3.46%

GRM

16.6

Break-even rent

$2,929

Financing

Down payment$93,800
Loan amount$375,200
Mortgage$1,901/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$215
Insurance$80
Maintenance$391
CapEx reserve$195
Vacancy loss$118

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,901/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 22, 2026.

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