1042 S Menominee Road, Lake of Bays, ON

$1,279,900
MLS#:X12177697
3 beds
2 baths
1100-1500 sqft
8.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungaloft detached located in the coveted neighborhood of Mclean. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $1,279,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 225 x 292 ft lot
  • Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Heater Owned
  • Efficient baseboard heating via electric

Description

Tucked away on the peaceful shores of highly coveted Menominee Lake, this 3-bed, 2-bath, fully winterized cottage is where cozy comfort meets year-round adventure. Inside, the open-concept layout features a wood-burning stove that anchors the space with warmth, soaring ceilings, and a lofted bedroom that feels like a quiet hideaway. A full wall of lakeside windows brings the outside in, offering front-row views of 255 of private shoreline framed by mature trees.Set on approximately 1.5 acres of privacy just 5km to Baysville, 15 minutes to downtown Huntsville, and less than 2 hours from the 401this turn-key retreat lets you unplug without being out of reach.The 2-car detached garage (built in 2021) is a standout, with extended 12-ft ceilings and a hoist perfect for hobbyists, tinkerers, or gear storage. Evenings are made for al fresco dining in the custom timber-framed screened-in gazebo, followed by stargazing and lakeside campfires.Menominee Lake is a quiet, low-traffic gem with no public boat launch small enough to paddle end to end, yet large enough for unforgettable adventures (and even the occasional floatplane landing). Known for its calm waters, great fishing, and peaceful paddling, its a highly desirable hideaway for those craving privacy, nature, and a slower pace of life.Private. Peaceful. Perfectly placed. Your Muskoka lifestyle starts here.

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Property Summary

This detached home located at 1042 S Menominee Road, Lake of Bays is currently for sale and has been available on SousaSells for 414 days. This property is listed at $1,279,900 with an estimated mortgage of $4,260* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 1042 S Menominee Road, Lake of Bays is in the Mclean neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusTerminated
Listed Date5/28/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungaloft
ConstructionWood
BasementCrawl Space
Lot Size225 × 292 Feet
CountyMuskoka
Annual Tax$2,963.13
Legal DescriptionPT LT 14 CON 12 MCLEAN PT 3 35R9005; T/W DM359858; LAKE OF BAYS

Parking & Garage

Parking Spaces8.0
Garage Spaces6
Garage TypeDetached

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

Waterfront, Lake Access

Interior Features

Water Heater Owned

Security Features

Community Features

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Location

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1042 S Menominee Road, Lake of Bays, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1042 S Menominee Road, Lake of Bays, ON P0B 1A0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Lake of Bays.

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Interest Rate4.00%
Down Payment$383,970 (30.0%)
* Minimum Canadian down payment required for this price is $255,980.
Amortization Period30 Years
Estimated Monthly Payment$4,260Based on a loan of $895,930 over 30 years.
Purchase Price$1,279,900
Loan Amount$895,930
Provincial Land Transfer Tax:$22,073
Total Estimated Closing Taxes:$22,073

About Purchasing a Home in Lake of Bays, ON

For a property listed at $1,279,900 in Lake of Bays, the legal minimum down payment is $255,980 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $22,073 for this transaction. As this listing is in Lake of Bays (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $22,073.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Mclean, Lake of Bays.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,061,300

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.