1009 Village #2 Road, Muskoka Lakes, ON

$299,000
MLS#:X8417408
1 beds
1 baths
< 700 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on June 27, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Watt. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $299,000 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning < 700 sqft on a premium 70 x 124.87 ft lot
  • 4.0 total parking spaces available
  • Notable attributes: None
  • Efficient other heating via wood

Description

Nestled in the picturesque Dee Bank Village, this extraordinary cottage property offers shared access to Three Mile Lake, just a short walk away. Enjoy year-round access and the convenience of being within walking distance to local food markets, or take a scenic bike ride to Windermere House for dining and golfing. The main building boasts a stunningly renovated living space with a kitchenette installed in 2022, a charming dining area, and a cozy woodstove, all overlooking the tranquil Spring Bank pond. For a romantic escape into nature, retreat to the modern sleeping building and outdoor shower space. The bright and newly updated bathroom building (2023) features an eco-compost toilet, perfect for weekends at the cottage. RSA

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Property Summary

This detached home located at 1009 Village #2 Road, Muskoka Lakes is currently for sale and has been available on SousaSells for 787 days. This property is listed at $299,000 with an estimated mortgage of $995* per month. It has 1 bed, 1 bathroom, and is < 700 square feet. 1009 Village #2 Road, Muskoka Lakes is in the Watt 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 Watt, Muskoka Lakes.

Great for Small Household / Couples
What We Love About This Home
  • 1 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • < 700 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

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

Target Buyer Match

Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 27, 2024
Sold price information is available to members only
Listed Date6/7/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionWood
BasementNone
Lot Size70 × 124.87 Feet
CountyMuskoka
Annual Tax$457
Legal DescriptionPT LT 23-24 CON 8 WATT PT 78 RD658; T/W DM109393; MUSKOKA LAKES

Parking & Garage

Parking Total4.0
Parking Space4
Garage TypeNone

Heating & Cooling

Heat SourceWood
Heat TypeOther
CoolingNone

Features

Property Features

  • Golf
  • Lake Access
  • Lake/Pond

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 1009 Village #2 Road, Muskoka Lakes, ON

Q.What is the asking price for 1009 Village #2 Road, Muskoka Lakes, ON ?

The current listing price for 1009 Village #2 Road, Muskoka Lakes, ON in Watt, Muskoka Lakes is $299,000.

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

This property features 1 bedroom and 1 bathroom across approximately < 700 sqft.

Q.What property type and architectural style is 1009 Village #2 Road, Muskoka Lakes, ON ?

1009 Village #2 Road, Muskoka Lakes, ON is a Detached (Bungalow-Raised) featuring a None basement.

Q.What key property features does 1009 Village #2 Road, Muskoka Lakes, ON offer?

Key property features include: Golf, Lake Access, Lake/Pond.

Q.What interior features are included in this home?

Interior highlights include: None.

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 Wood and cooling via None.

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Location

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1009 Village #2 Road, 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 1009 Village #2 Road, Muskoka Lakes, ON P0B 1M0

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$89,700 (30.0%)
* Minimum Canadian down payment required for this price is $14,950.
Amortization Period30 Years
Estimated Monthly Payment$995Based on a loan of $209,300 over 30 years.
Purchase Price$299,000
Loan Amount$209,300
Provincial Land Transfer Tax:$2,960
Total Estimated Closing Taxes:$2,960

About Purchasing a Home in Muskoka Lakes, ON

For a property listed at $299,000 in Muskoka Lakes, the legal minimum down payment is $14,950 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 $2,960 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 $2,960.

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Watt, Muskoka Lakes Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,789,423

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 Watt, Muskoka Lakes

Elementary Schools

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Secondary Schools

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Watt, 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.