368-3689910_homelife-bayside-realty-ltd-brokerage

Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

Call Now: 416-939-2500 Email: vikas@vikaspalan.com

551 & 565 Cooney Island Road, Douro-Dummer, ON K0L 2H0

$2,890,000
  • Sale
  • Detached
  • 18 days ago
  • Updated: 2026-07-22

Property Overview

Property Type
Detached
Bedrooms
6
Bathrooms
5
Garage
Detached/30
Size
N/A
Age
51-99
[Click Floor Plan + Brochure Icon for More Photos]. An extraordinary opportunity to own approximately 23 riverside acres with not one, but TWO homes, offering endless opportunities for multi-generational living, income potential, or your own private retreat. Set along the beautiful Indian River in Douro-Dummer, this one-of-a-kind property is rich in recreation, history, and natural beauty. Enjoy extensive river frontage with deeded access to shoreline inclusive to the bridge at 2nd Line, as well as land underwater, allowing you to fish, kayak, canoe, tube, paddleboard, or relax and take in all the peaceful surroundings. The property features two separate residences, each with its own unique appeal. 551 Cooney Island Rd is a riverside two-storey home with a covered veranda, offering 2 bedrooms, 3 bathrooms, and overlooking the water. Meanwhile, 565 Cooney Island Rd is a charming A-frame with 4 bedrooms, 2 bathrooms, soaring open-beam ceilings, and a deck overlooking the river. Ideal for extended family, guests, or short-term rental opportunities. Beyond the two homes, the property also features an insulated chicken coop, a heated workshop with an office and an additional bedroom overlooking the rapids, a stone wood-fired outdoor oven with an outdoor kitchen, a detached bunkie, and an impressive event hall/covered bridge extending over the river. These additional buildings further enhance this remarkable property. The property's historic dam and covered bridge also present the potential for future hydroelectric generation with the appropriate turbine system. The original sawmill equipment and infrastructure remains. Modern conveniences include wells & septic systems, high-speed internet, and year-round municipal road access. Whether your vision is a family estate, recreational retreat, investment opportunity, or simply a place to enjoy nature, this remarkable property offers possibilities that are as expansive as the landscape itself.

Key Details

  • X13589276
  • Detached/30
  • $2,890,000
  • Owner
  • None
  • 2 + 2
  • 2-Storey
  • 6
  • 5
  • 2500-3000 Sqft
  • 23.19 Acres
  • 51-99
  • Detached
  • Sale

Additional Details

  • Baseboard / Electric
  • $3716
  • 2025
  • PT LT 2- 3 CON 3 DOURO AS IN R683036, DOURO-DUMMER
  • N/A
  • N
  • 23.19
  • Finished with Walk-Out,Full
  • 1
  • Wall Unit(s)
  • Deck,Fishing,Landscaped,Lighting,Patio,Privacy,Porch,Recreational Area,Year Round Living
  • Beach,Lake/Pond,Park,Rec./Commun.Centre,River/Stream,Waterfront
  • Well

Properties you may like

Est. monthly payment
Edit details
$
%
yr
%

Down payment
Loan amount
Land transfer tax
CMHC premium
Total upfront

Enter your expected mortgage, annual expenses, and rental income to calculate monthly cash flow for this investment property.

$
$
$
Monthly Cash Flow
net per month
Annual Cash Flow
net per year
Monthly Costs
mortgage + expenses
Cost Coverage
costs vs rent

Estimates only. Not financial or investment advice.

FAQ
  • What is the total square footage of the x13589276 - 551 & 565 Cooney Island Road, Douro-Dummer, ON K0L 2H0?

    The total square footage of this property is 2500-3000 SqFt.

Book a Viewing or Contact Us

Ask a question or request a viewing, we’ll respond quickly

Or
Text (416-939-2500) me directly for fastest response
RoofUp
Logo