1003 MATTHEWS Drive, Muskoka Lakes, ON

$199,000
MLS#:X13511332
3 beds
3 baths
2000-2500 sqft
2.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Watt. Expertly crafted featuring premium wood and stone construction, this residence presents an exceptional opportunity offered at $199,000 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 3 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a spacious lot (Feet)
  • Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Central Vacuum, Guest Accommodations, Storage
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

CHECK OUT THIS AFFORDABLE WAY TO ENJOY A LUXURY MUSKOKA COTTAGE LIFESTYLE - Overlooking beautiful Lake Rosseau, The Cottages at Windermere is a pet-free EQUITY fractional ownership property. Now available in Cottage #2 is a 7-week fraction which includes back-to-back summer weeks, and for those seeking quarter-ownership please inquire about the possibilities. IMAGINE having COMPLETELY CAREFREE time at the cottage where someone else looks after all of the maintenance and you just get to relax & enjoy. South-west exposure, amazing lake views & sunsets abound. Sand beach, public docking, marina amenities & golf course are also conveniently at hand. Plenty of room for family and friends - sleeps 8 with 3BRs plus den. 2,275 sq.ft. interior plus over 800 sq.ft. of outdoor space to enjoy. Property sits adjacent to the historic Windermere House lakeside resort where 5-star service at restaurants, spa and more are only steps away & now open 4 seasons. How does it work? YOU WILL ENJOY the same FOUR (4) Fixed weeks EVERY YEAR with TWO (2) in the summer, plus there are THREE (3) MORE floating weeks included with Cottage 2 Fraction 7C in every calendar year. That's SEVEN (7) WEEKS of Muskoka luxury every year. A detailed schedule of weeks and FAQ's are available upon request. Act fast and your family, friends and/or renters can start enjoying all that Muskoka has to offer - right from this prime location on Lake Rosseau shores!

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Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/1/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural Style2-Storey
ConstructionWood , Stone
BasementCrawl Space
CountyMuskoka
Annual Tax$0
Legal Description(7 weeks) Fraction 7C in Cottage 2 at 1003 Matthews Drive Drive (PT LT 30 CON 8 WATT PT 3, 7, 8 35R10165 EXCEPT PT 1 & 2 35R19767; MUSKOKA LAKES)

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Beach, Clear View, Cul de Sac/Dead End, Marina, Waterfront

Interior Features

Central Vacuum, Guest Accommodations, Storage

Security Features

Concierge/Security

Community Features

Location

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1003 MATTHEWS Drive, Muskoka Lakes, 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 1003 MATTHEWS Drive C2 7C, Muskoka Lakes, ON P0B 1P0

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.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Muskoka Lakes.

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Interest Rate5.25%
Down Payment$9,950 (5.0%)
* Minimum Canadian down payment required for this price is $9,950.
Amortization Period25 Years
Estimated Monthly Payment$1,127Based on a loan of $189,050 over 25 years.
Purchase Price$199,000
Loan Amount$189,050
Provincial Land Transfer Tax:$1,715
Total Estimated Closing Taxes:$1,715

About Purchasing a Home in Muskoka Lakes, ON

For a property listed at $199,000 in Muskoka Lakes, the legal minimum down payment is $9,950 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 $1,715 for this transaction. As this listing is in Muskoka Lakes (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,715.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Watt, Muskoka Lakes.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,120,756

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.