2054 Peninsula Road, Unit 20, Muskoka Lakes, ON

Expired - Members Only
MLS#:Members Only
5 beds
4 baths
2000-2249 sqft
2.0 parking
Residential Condo & Other
Unavailable Listing

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Listing Status: Expired

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Property Highlights

Welcome to this remarkable 2-Storey common element condo located in the coveted neighborhood of Medora. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $2,088,888 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.

  • 5 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2000-2249 sqft
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Discover Your Dream Cottage And Investment Property All In One With This 5 Bedroom Villa At Legacy Cottages On The Exclusive And High-Demand Lake Rosseau! Located In The Coveted Wallace Bay, Legacy Boasts Over 400 Feet Of Waterfront On Lake Rosseau, Providing Exclusive Access To The Gorgeous Resort Style Pool, Beach, Swimming Area, Boathouse, And Docks. This Villa Is A Brand New Stunning Masterpiece, Offering A Well-Planned Layout And Bright, Open Spaces. The Main Floor Includes The Primary Bedroom With Ensuite And A Walk Out To A Beautiful Porch With Fireplace Overlooking The Lake. Modern Kitchen, A Great Dining Area And A Living Room With Fireplace And A Beautiful Sweeping View Of Lake Rosseau. Upstairs, There Are Two Additional Well Sized Furnished Bedrooms With A Bathroom Just Outside Your Door. The Basement Is Bright And Open Concept With Tons Of Room For The Whole Family To Unwind! With A Walkout To The Rear Porch And More Lake Views This Property Has It All! The Basement Also Includes Two Generously Sized Bedrooms And An Additional Bathroom With Shower! Property Can Be Sold Fully Furnished! **EXTRAS** This Property Includes Brand-New Appliances. Don't Blink As Summer Will Once Again Be Here Before You Know It And This Opportunity Will Not!

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Property Details & Specs Locked

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Key Features

Bedrooms
5
Bathrooms
4
Kitchens
1
Living Area
2000-2249 sqft
Property Type
Residential Condo & Other

Additional Details Locked

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Additional Details

StatusExpired
Listed Date10/9/2024
Transaction TypeFor Sale

Property Details Locked

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Property Details

Property Sub-TypeCommon Element Condo
Architectural Style2-Storey
ConstructionConcrete
BasementFinished with Walk-Out
CountyMuskoka
Annual Tax$0

Parking & Garage

Parking Total2.0
Parking Space2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Lake/Pond
  • Beach
  • Clear View
  • Golf
  • Lake Access
  • Waterfront

Interior Features

  • Primary Bedroom - Main Floor

Security Features

None listed

Community Features

None listed

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Frequently Asked Questions about 2054 Peninsula Road, Unit 20, Muskoka Lakes, ON

Q.What is the asking price for 2054 Peninsula Road, Unit 20, Muskoka Lakes, ON ?

The current listing price for 2054 Peninsula Road, Unit 20, Muskoka Lakes, ON in Medora, Muskoka Lakes is $2,088,888.

Q.How many bedrooms and bathrooms does this property have?

This property features 5 bedrooms and 4 bathrooms across approximately 2000-2249 sqft.

Q.What property type and architectural style is 2054 Peninsula Road, Unit 20, Muskoka Lakes, ON ?

2054 Peninsula Road, Unit 20, Muskoka Lakes, ON is a Common Element Condo (2-Storey) featuring a Finished with Walk-Out basement.

Q.What key property features does 2054 Peninsula Road, Unit 20, Muskoka Lakes, ON offer?

Key property features include: Lake/Pond, Beach, Clear View, Golf, Lake Access, Waterfront.

Q.What interior features are included in this home?

Interior highlights include: Primary Bedroom - Main Floor.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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2054 Peninsula Road, Unit 20, Muskoka Lakes, ON

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Property History

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This could be the first listing for this address.

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Pricing & Value Insights

Data-driven valuation for 2054 Peninsula Road 27, Muskoka Lakes, ON P0B 1G0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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 Rate4.00%
Down Payment$626,666 (30.0%)
* Minimum Canadian down payment required for this price is $417,778.
Amortization Period30 Years
Estimated Monthly Payment$6,953Based on a loan of $1,462,222 over 30 years.
Purchase Price$2,088,888
Loan Amount$1,462,222
Provincial Land Transfer Tax:$38,697
Total Estimated Closing Taxes:$38,697

About Purchasing a Home in Muskoka Lakes, ON

For a property listed at $2,088,888 in Muskoka Lakes, the legal minimum down payment is $417,778 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 $38,697 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 $38,697.

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Medora, Muskoka Lakes Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$2,836,640

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%

Best Schools in Medora, Muskoka Lakes

Elementary Schools

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Secondary Schools

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Medora, Muskoka Lakes Demographic Home information

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.