1008 Minto Street, Muskoka Lakes, ON

$549,000
MLS#:X9258984
2 beds
1 baths
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on October 17, 2024. 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 Medora. Expertly crafted featuring premium brick front and wood construction, this residence presents an exceptional opportunity offered at $549,000 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
  • Premium 150 x 160 ft lot size
  • Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Carpet Free, Storage, Primary Bedroom - Main Floor
  • equipped with other central cooling and highly efficient baseboard heating via gas

Description

Discover this charming furnished retreat in Bala, Ontario, featuring two cozy bedrooms, a versatile den for a third bedroom, and a well-appointed bathroom. Nestled in the heart of Muskoka, this property exudes rustic charm with modern comforts. The open-concept living area boasts a warm and inviting atmosphere, highlighted by a wood-burning fireplace and large windows that flood the space with natural light. The kitchen is efficiently designed with contemporary appliances and ample storage. Outside, enjoy the tranquility of the lush, wooded surroundings with a spacious firepit area, perfect for entertaining or relaxing. Just a short walk to Lake Muskoka, this home offers the perfect balance of peaceful living and convenient access to the vibrant community of Bala. Ideal for year-round living or a seasonal getaway, this property is a true gem.

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Property Summary

This detached home located at 1008 Minto Street, Muskoka Lakes is currently for sale and has been available on SousaSells for 716 days. This property is listed at $549,000 with an estimated mortgage of $1,827* per month. It has 2 beds, 1 bathroom, and is unknown square feet. 1008 Minto Street, Muskoka Lakes is in the Medora neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Medora, Muskoka Lakes.

Great for Small Household / Couples
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • Desirable Detached architecture in Medora, Muskoka Lakes
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 17, 2024
Sold price information is available to members only
Listed Date8/17/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick Front, Wood
BasementCrawl Space
Lot Size150 × 160 Feet
CountyMuskoka
Annual Tax$1,708
Legal DescriptionPT LT 15 CON B MEDORA PT 3 35R15126; MUSKOKA LAKES

Parking & Garage

Parking Total4.0
Parking Space4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeBaseboard
CoolingOther

Features

Property Features

None listed

Interior Features

  • Carpet Free
  • Storage
  • Primary Bedroom - Main Floor

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 1008 Minto Street, Muskoka Lakes, ON

Q.What is the asking price for 1008 Minto Street, Muskoka Lakes, ON ?

The current listing price for 1008 Minto Street, Muskoka Lakes, ON in Medora, Muskoka Lakes is $549,000.

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

This property features 2 bedrooms and 1 bathroom.

Q.What property type and architectural style is 1008 Minto Street, Muskoka Lakes, ON ?

1008 Minto Street, Muskoka Lakes, ON is a Detached (Bungalow) featuring a Crawl Space basement.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free, Storage, Primary Bedroom - Main Floor.

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 Gas and cooling via Other.

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Location

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1008 Minto Street, Muskoka Lakes, 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 1008 Minto Street, Muskoka Lakes, ON P0C 1A0

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 Muskoka Lakes.

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Interest Rate4.00%
Down Payment$164,700 (30.0%)
* Minimum Canadian down payment required for this price is $29,900.
Amortization Period30 Years
Estimated Monthly Payment$1,827Based on a loan of $384,300 over 30 years.
Purchase Price$549,000
Loan Amount$384,300
Provincial Land Transfer Tax:$7,455
Total Estimated Closing Taxes:$7,455

About Purchasing a Home in Muskoka Lakes, ON

For a property listed at $549,000 in Muskoka Lakes, the legal minimum down payment is $29,900 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 $7,455 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 $7,455.

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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.