551 & 565 Cooney Island Road, Douro-Dummer, ON K0L 2H0
Douro-Dummer · Near Douro Second Line & Cooney Island Rd · View map
About this home
[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.
The home
- Type
- 2-storey detached home
- Style
- 2-Storey
- Square footage
- 2500-3000 sq ft
- Bedrooms
- 6
- Bathrooms
- 5
- Kitchens
- 2
- Rooms
- 15
- Basement
- Finished with Walk-Out, Full
- Faces
- North
- View
- Bay, Beach, Bridge, Creek/Stream, Forest, Pond, River, Trees/Woods, Water
- Approximate age
- 51-99 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Stucco (Plaster)
Heating & cooling
- Heating fuel
- Electric
- Heating type
- Baseboard
- Air conditioning
- Wall Unit(s)
- Fireplace
- Yes
Garage & parking
- Garage
- Detached
- Garage spaces
- 1
- Driveway spaces
- 30
- Total parking
- 31
- Parking features
- Private
Taxes & other
- Property taxes
- $3,716/yr
- Tax year
- 2025
- Occupancy
- Owner
- Possession
- Flexible
- Cross street
- Douro Second Line & Cooney Island Rd
- Neighbourhood
- Douro-Dummer
More
- Price per sq ft
- ~$1,051 (at 2,750 sq ft)
- MLS® number
- X13589276
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The home and its surroundings
- Guest Accommodations
- Water Heater Owned
- Beach
- Lake/Pond
- Park
- Rec./Commun.Centre
- River/Stream
- Waterfront
- Deck
- Fishing
- Landscaped
- Lighting
- Patio
- Privacy
- Porch
- Recreational Area
- Year Round Living
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
551 & 565 Cooney Island Road, Douro-Dummer, ON K0L 2H0
Douro-Dummer · Near Douro Second Line & Cooney Island Rd
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Listing history for 551 & 565 Cooney Island Road
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 551 & 565 Cooney Island Road
Answers come straight from this home’s MLS® listing.
How much is 551 & 565 Cooney Island Road listed for, and what would it cost each month?
551 & 565 Cooney Island Road is listed for $2,890,000. With 20% down ($578,000), the mortgage payment would be roughly $11,657 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $11,967 a month, all in. That figure is an illustration, not a quote.
Is 551 & 565 Cooney Island Road freehold or a condo, and is there a monthly fee?
551 & 565 Cooney Island Road is a 2-storey detached home in Douro-Dummer. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 551 & 565 Cooney Island Road have?
551 & 565 Cooney Island Road has 6 bedrooms and 5 bathrooms.
Does 551 & 565 Cooney Island Road have a garage and parking?
Yes. The listing shows the garage as detached, with room for 1 car. The driveway adds 30 spaces. In total the listing counts 31 parking spaces.
Does 551 & 565 Cooney Island Road have a finished basement?
The listing describes the basement as finished with walk-out, full. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 551 & 565 Cooney Island Road?
551 & 565 Cooney Island Road is a 2-storey detached home. A 2-storey detached house has its living space on the main floor and the bedrooms upstairs, on its own lot with no shared walls.
How big is 551 & 565 Cooney Island Road?
The listing puts the home between 2,500 and 3,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.
How is 551 & 565 Cooney Island Road heated and cooled?
Heating is baseboard (electric). Cooling is wall unit(s).
What are the property taxes for 551 & 565 Cooney Island Road?
Property taxes are $3,716 a year (2025), or about $310 a month.
Where is 551 & 565 Cooney Island Road?
551 & 565 Cooney Island Road is in Douro-Dummer. The nearest main intersection is Douro Second Line & Cooney Island Rd. The postal code is K0L 2H0.
Is 551 & 565 Cooney Island Road still for sale?
Yes. It is an active listing (MLS® X13589276). Listings here update from the board through the day and come down once a home sells.
What are similar detached homes near 551 & 565 Cooney Island Road asking?
Similar detached homes for sale nearby right now include 1973 Fiddlers Lane at $3,195,000 (5 bed), 1329 Trappers Lane at $2,295,000 (4 bed) and 1718 South Bayshore Road W at $2,100,000 (2+3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 551 & 565 Cooney Island Road sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 551 & 565 Cooney Island Road?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar detached homes nearby
More detached homes for sale near Douro-Dummer, picked by style, size and price.
1½-storey detached home$3,195,0001973 Fiddlers Lane, Douro-Dummer5 bed · 3 bath · Douro-DummerCourtesy of: Royal LePage Frank Real EstateView home →
Detached bungalow$2,295,0001329 Trappers Lane, Douro-Dummer4 bed · 4 bath · Douro-DummerCourtesy of: Ball Real Estate Inc.View home →
Detached bungalow$2,100,0001718 South Bayshore Road W, Douro-Dummer2+3 bed · 3 bath · Douro-DummerCourtesy of: Ball Real Estate Inc.View home →Courtesy of: Royal Lepage Proalliance Realty
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. 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.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.