228 Stewart Lake Road, Georgian Bay, ON

$1,379,900
MLS#:X12442859
5 beds
3 baths
2500-3000 sqft
8.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 5, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Freeman. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $1,379,900 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 3 Bathrooms
  • Generous living space spanning 2500-3000 sqft on a premium 90 x 156 ft lot
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available
  • Notable attributes: Carpet Free, Primary Bedroom - Main Floor, Propane Tank
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

All Day Sun on Stewart Lake! Welcome to your year-round Muskoka retreat, built in 2022 and thoughtfully designed for modern comfort and relaxed cottage living. This stunning 5-bedroom, 3-bathroom home offers an ideal layout for families and guests, with 3 bedrooms on the main floor (including a private ensuite) and 2 additional bedrooms in the walkout lower level. Soaring vaulted ceilings in the living room, a cozy propane fireplace, and an open-concept design create a bright and inviting gathering space. Step outside to the expansive deck overlooking the lake, perfect for morning coffee or evening entertaining. On the lower level, unwind in the screened-in Muskoka room featuring a private hot tub, nestled in nature.The gently sloping lot leads to a hard-packed sandy beach entry - ideal for children - or take the plunge off the end of the dock into deeper waters. Enjoy the comfort of forced air propane heating, air conditioning, and year-round municipal services including garbage and recycling pickup. Located just minutes from Mactier for all your cottage essentials, with easy highway access for a quick commute to the GTA.This mostly furnished, turn-key property is priced to move - don't miss your chance to own a slice of Muskoka paradise!

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Property Summary

This detached home located at 228 Stewart Lake Road, Georgian Bay is currently for sale and has been available on SousaSells for 287 days. This property is listed at $1,379,900 with an estimated mortgage of $4,593* per month. It has 5 beds, 3 bathrooms, and is 2500-3000 square feet. 228 Stewart Lake Road, Georgian Bay is in the Freeman neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
5
Bathrooms
3
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 5, 2025
Sold price information is available to members only
Listed Date10/3/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementFinished with Walk-Out
Lot Size90 × 156 Feet
CountyMuskoka
Annual Tax$4,408
Legal DescriptionLT 16 PL M228 FREEMAN; GEORGIAN BAY; THE DISTRICT

Parking & Garage

Parking Spaces8.0
Garage Spaces8
Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Golf, Lake Access, Lake/Pond, School, Waterfront

Interior Features

Carpet Free, Primary Bedroom - Main Floor, Propane Tank

Security Features

Community Features

Location

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228 Stewart Lake Road, Georgian Bay, 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 228 Stewart Lake Road, Georgian Bay, ON P0C 1H0

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.

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Mortgage & Affordability Audit

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

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Interest Rate4.00%
Down Payment$413,970 (30.0%)
* Minimum Canadian down payment required for this price is $275,980.
Amortization Period30 Years
Estimated Monthly Payment$4,593Based on a loan of $965,930 over 30 years.
Purchase Price$1,379,900
Loan Amount$965,930
Provincial Land Transfer Tax:$24,073
Total Estimated Closing Taxes:$24,073

About Purchasing a Home in Georgian Bay, ON

For a property listed at $1,379,900 in Georgian Bay, the legal minimum down payment is $275,980 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 $24,073 for this transaction. As this listing is in Georgian Bay (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $24,073.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Freeman, Georgian Bay.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$715,547

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.