1006 Youngs Road, Muskoka Lakes, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Medora. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $950,000 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 2 Bathrooms
- Generous living space spanning < 700 sqft on a premium 113 x 160 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Heater Owned
- Efficient baseboard heating via electric
Description
Welcome to beautiful Ada Lake in the heart of Muskoka. Offering 113 feet of pristine, west-facing shoreline, this charming 3-bedroom waterfront cottage enjoys breathtaking sunset views, excellent swimming, and a private dock for endless days on the water. Whether you're boating, paddling, casting a line, or simply relaxing lakeside, this property offers the quintessential Muskoka cottage experience. The bright, open-concept living and dining areas are filled with natural light and showcase picturesque lake views, with walkouts to the wrap-around cedar deck that seamlessly extends your living space outdoors. It's the perfect place to entertain family and friends or unwind while taking in the spectacular sunsets over the lake. The cottage features a convenient 2-piece bathroom on the main level, with a separate shower located in the lower level. The full unfinished basement offers excellent potential to insulate and finish, creating additional living space and transforming the property into a comfortable four-season retreat. A heated detached 2-car garage, built in 2017, provides exceptional space for vehicles, recreational equipment, or a workshop. Recent updates include a 100-amp electrical panel (2022), new baseboard heaters (2024), a Wi-Fi thermostat, cedar wrap-around deck (2014), and updated siding, eavestroughs, and front door (2015), Septic was replaced in 2008 with 800G tank, reflecting years of pride of ownership. Ideally located just minutes from Port Carling, Bala, and Bracebridge, you'll enjoy the privacy and tranquility of lake life while remaining close to shopping, dining, golf, and all the amenities Muskoka is known for. Whether you're looking for a family cottage, a weekend escape, or a property with excellent year-round potential, this well-maintained waterfront retreat is ready to be enjoyed for generations to come.
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Pricing & Value Insights
Data-driven valuation for 1006 Youngs Road Cottage # 9, Muskoka Lakes, ON P0B 1J0
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About Purchasing a Home in Muskoka Lakes, ON
For a property listed at $950,000 in Muskoka Lakes, the legal minimum down payment is $70,000 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 $15,475 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 $15,475.
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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.