2054 Peninsula Road, Muskoka Lakes, ON
Property Highlights
Welcome to this remarkable 2-Storey detached condo located in the coveted neighborhood of Medora. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $799,000 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.
- 4 Bedrooms and 4 Bathrooms
- Generous living space spanning 2000-2249 sqft
- 1.0 total parking spaces available
- Notable attributes: Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via propane
Description
Located in the Legacy Cottages community on Lake Rosseau in Minett, this turn-key, four-bedroom, three-and-a-half-bathroom cottage offers a refined lakeside retreat tailored for both investors and owners who wish to enjoy the lake. The main level centres on an open-concept living area with a well-appointed kitchen, a welcoming dining space, and a comfortable lounge area with a fireplace plus a walkout to the covered deck and hot tub. Two main-level bedrooms with ensuite baths provide privacy and comfort for guests. The upper level features two additional bedrooms that share a full bathroom, creating a flexible space for family or visiting guests. Ready for year-round use, the property comes with an obligation to rent the unit for a set number of weeks, including a portion during the high season, with the option to extend rentals to maximize revenue if desired. Investors can savour lake life while the property manager handles marketing, reservations and more.Community amenities enhance the overall appeal: a communal pool and shared waterfront access offer residents and guests a serene setting for swimming, boating, and sunset moments on Lake Rosseau. Thoughtful finishes and natural light create a calm, contemporary ambience throughout, with clear sight lines between living, dining, and culinary areas for easy daily living and memorable gatherings. HST is in addition to the sale price
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Lake Access, Waterfront
Interior Features
Primary Bedroom - Main Floor
Security Features
Community Features
Location
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 2054 Peninsula Road 15, Muskoka Lakes, ON P0B 1G0
Based on 0 recent similar sales in the pocket.
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 $799,000 in Muskoka Lakes, the legal minimum down payment is $54,900 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 $12,455 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 $12,455.
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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.