1111 DWIGHT BEACH Road, Lake of Bays, ON

$59,000
MLS#:X10438118
2 beds
2 baths
1500-2000 sqft
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of Franklin. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $59,000 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 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a spacious lot (Feet)
  • Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient other configuration
  • Notable attributes: Unknown
  • equipped with other central cooling and highly efficient forced air heating via propane

Description

Welcome to Corbett Cove - Your Muskoka Retreat Awaits! Experience the charm and tranquility of Lake of Bays with this premier fractional ownership opportunity at Corbett Cove in Dwight. Each bright and spacious 1,800 sq. ft. villa, designed with attention to comfort and luxury, offers a seamless blend of modern convenience and classic Muskoka ambiance. Each unit features soaring 9-foot ceilings, an all-season octagonal Muskoka room with lake views, and dual gas fireplaces in the living room and primary bedroom. These beautifully appointed, fully equipped units include everything you need for a worry-free stay. Enjoy unlimited fibre internet, and flat-screen TVs in both the living room and primary suite. The modern kitchen is equipped with top-of-the-line appliances—fridge, stove, microwave, dishwasher, A full washer and dryer is included for added convenience. With thoughtful touches like an outdoor gas barbecue, complete sets of dishes, utensils, cookware, towels, and linens, each villa provides a true vacation experience. Accommodating up to 8 guests, each two-bedroom unit features a comfortable pull-out sofa in the main floor den and the great room, ensuring ample space for family and friends. The two bedrooms and a full bathroom are located on the second floor, while the main level offers a three-piece bathroom with a walk-in shower. Corbett Cove’s prime location offers easy access to the charming village of Dwight, with shops, bakeries, and a library within walking distance. Nature enthusiasts will appreciate being just 10 minutes from Algonquin Park and a short 20-minute drive to the lively town of Huntsville, where you’ll find golf courses, ski resorts, theaters, restaurants, and shopping. Corbett Cove offers the perfect balance of peaceful relaxation and outdoor adventure. Five weeks of wonderful vacation annually. Note: This is a no pets allowed unit.

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Property Summary

This townhouse located at 1111 DWIGHT BEACH Road, Lake of Bays is currently for sale and has been available on SousaSells for 617 days. This property is listed at $59,000 with an estimated mortgage of $196* per month. It has 2 beds, 2 bathrooms, and is 1500-2000 square feet. 1111 DWIGHT BEACH Road, Lake of Bays is in the Franklin neighborhood.

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

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusExpired
Listed Date11/6/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural Style2-Storey
ConstructionWood
BasementUnfinished, Full
CountyMuskoka
Annual Tax$0
Legal DescriptionSee LBO for details

Parking & Garage

Parking Spaces6.0
Garage Spaces2
Garage TypeOther

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingOther

Features

Property Features

Interior Features

Unknown

Security Features

Community Features

Location

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1111 DWIGHT BEACH Road, Lake of Bays, 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 1111 DWIGHT BEACH Road 8 Fxd W, Lake of Bays, ON P0A 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.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Lake of Bays.

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Interest Rate4.00%
Down Payment$17,700 (30.0%)
* Minimum Canadian down payment required for this price is $2,950.
Amortization Period30 Years
Estimated Monthly Payment$196Based on a loan of $41,300 over 30 years.
Purchase Price$59,000
Loan Amount$41,300
Provincial Land Transfer Tax:$315
Total Estimated Closing Taxes:$315

About Purchasing a Home in Lake of Bays, ON

For a property listed at $59,000 in Lake of Bays, the legal minimum down payment is $2,950 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 $315 for this transaction. As this listing is in Lake of Bays (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $315.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Franklin, Lake of Bays.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,639,662

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.