551 & 565 Cooney Island Road
Douro-Dummer, ON
6 bed • 5 bath • approx. 2500-3000 sqft • Detached • 37 days on market
[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.
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Listing Details
- Taxes (2025)
- $3,716
- Listed
- July 21, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Age
- 51-99
- Construction
- Stucco (Plaster)
- Roof
- Asphalt Shingle
- Foundation
- Block, Slab
- Interior
- Guest Accommodations, Water Heater Owned
Utilities
- Water
- Dug Well
- Sewer
- Septic
- Heat Source
- Electric
Location & Legal
- Cross Street
- Douro Second Line & Cooney Island Rd
- Parcel Number
- 281710100
- Possession
- Flexible
Commercial
- Occupancy
- Owner
Included
- Inclusions
- Refrigerator x2, Stove x2, Dishwasher x2, Washer x2, Dryer x2, Window Coverings, Electric Light Fixtures
- Rental Items
- N/A
Waterfront
- Water Body
- Indian River
- Shoreline
- Clean, Mixed, Natural
- Docking
- Private
Schools
Elementary
- St. Joseph Catholic Elementary School1.7 km
Catholic · Peterborough Victoria Northum Clarington CDSB · 205 students
Grade 3 reading: 92% met the provincial standard · Grade 6 math: 84% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K0L
- Population
- 78,142
- Private dwellings
- 48,786
- Median age
- 54
- Average household size
- 2.3
- Median household income
- $79,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Douro-Dummer · last 12 months
- Median sold price
- $680,000
- Homes sold
- 102
- Median days on market
- 29
- Sale-to-list price
- 94.8%
Based on 102 recorded sales of residential freehold properties in Douro-Dummer over the last 12 months.
Rooms
2 × 3-piece on Second, 2-piece on Second, 3-piece on Main, 4-piece on Basement
Second
- Bathroom6'4" x 7'5"
- Bathroom4'9" x 7'
- Bathroom11'6" x 11'3"
- Bedroom10'8" x 11'3"
- Bedroom6'4" x 10'8"
- Bedroom13'11" x 17'7"
- Primary Bedroom10'7" x 11'5"
Main
- Bathroom8' x 10'2"
- Bedroom9'7" x 10'4"
- Dining Room7'6" x 7'
- Kitchen13' x 19'6"
- Kitchen8'9" x 10'10"
- Living Room16'3" x 14'11"
- Living Room7'10" x 12'10"
Basement
- Bathroom8' x 9'9"
- Recreation
Listed by
Royal Lepage Proalliance Realty
Location
Mortgage Calculator
$578,000
Estimated Monthly Payment
$14,198
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $14,198/mo (20% down, 5.5%)
Taxes: $310/mo · Insurance: $723/mo
Estimates only. Consult a financial advisor.
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