1033 Grey Street, Muskoka Lakes, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Medora. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $275,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning < 700 sqft on a premium 150 x 170 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Generator - Full
- Efficient baseboard heating via electric
Description
**Affordable Opportunity in Bala**If you've been waiting for an affordable way to get into the Bala market, this may be the opportunity you've been looking for.This 2-bedroom, 1-bathroom home offers glimpses of Lake Muskoka and is ready for its next chapter. While it does require updating and repairs, it provides a solid starting point for someone with vision who isn't afraid to roll up their sleeves.Notable features include a durable metal roof and the added peace of mind of a Generac backup generator. Priced to reflect the work required, this is a chance to purchase in one of Muskoka's most sought-after communities at an approachable price point. Whether you're looking for a starter home, an investment property, or a renovation project, the potential here is easy to see.
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Property Summary
This detached home located at 1033 Grey Street, Muskoka Lakes is currently for sale and has been available on SousaSells for 6 days. This property is listed at $275,000 with an estimated mortgage of $915* per month. It has 2 beds, 1 bathroom, and is < 700 square feet. 1033 Grey Street, Muskoka Lakes is in the Medora neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Medora, Muskoka Lakes.
- •2 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •< 700 sqft of generous functional square footage
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Beach
- Marina
- Park
- Place Of Worship
- School Bus Route
- Wooded/Treed
Interior Features
- Generator - Full
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 1033 Grey Street, Muskoka Lakes, ON
Q.What is the asking price for 1033 Grey Street, Muskoka Lakes, ON ?
The current listing price for 1033 Grey Street, Muskoka Lakes, ON in Medora, Muskoka Lakes is $275,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom across approximately < 700 sqft.
Q.What property type and architectural style is 1033 Grey Street, Muskoka Lakes, ON ?
1033 Grey Street, Muskoka Lakes, ON is a Detached (Bungalow) featuring a Crawl Space basement.
Q.What key property features does 1033 Grey Street, Muskoka Lakes, ON offer?
Key property features include: Beach, Marina, Park, Place Of Worship, School Bus Route, Wooded/Treed.
Q.What interior features are included in this home?
Interior highlights include: Generator - Full.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 1033 Grey Street, Muskoka Lakes, ON P0C 1A0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Muskoka Lakes, ON
For a property listed at $275,000 in Muskoka Lakes, the legal minimum down payment is $13,750 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 $2,600 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 $2,600.
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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.