1010 North Drive, Muskoka Lakes, ON

$2,000,000
MLS#:X10414665
4 beds
2 baths
2000-2500 sqft
15.0 parking
Residential Freehold
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Property no longer active

This property was sold on March 10, 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 Medora. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $2,000,000 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.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 444 x 367.05 ft lot
  • Features a crawl space, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 15.0 total parking spaces available
  • Notable attributes: Water Heater Owned
  • Efficient baseboard heating via other

Description

Bird's Nest Cottage: Expansive Timber Ceilings & Unmatched Lakefront Views on Private Bruce Lake! Perched high above scenic Bruce Lake, this architecturally designed, fully furnished, year-round cottage seamlessly combines rustic elegance w/ breathtaking vistas. Boasting 444 of private shoreline, boathouse, & soaring timber ceilings, this luxurious 7.1-AC retreat offers the ultimate escape for those seeking privacy & natural beauty in the heart of Muskoka. W/ 4 bedrms & 2 full baths, this stunning 2,000+ SF bungalow features panoramic southern lake views from all principal rms. The newly updated central kitchen is accented by dramatic timber frame elements. The open-concept layout integrates living, dining, & lounging areas, w/ a cozy family rm centred around a wood-burning fireplace for those perfect Muskoka evenings. The primary suite, tucked away in its own wing, ensures comfort & privacy w/ 4-pce ensuite. 3 additional bedrms, a 3-pce main bath, & laundry area completes the interior. Walkouts lead to expansive wrap-around decks, perfect for entertaining/relaxing in nature. The property also features a cozy fire pit area, ideal for gathering under the stars. W/ plenty of space available, theres also the potential to add a future garage or bunkie, enhancing the versatility & value of this incredible retreat. Recent updates: modern bathrms, freshly painted exterior, shiplap accent walls, trim, California shutters, light fixtures, & more. The boardwalk leads to the lake & boathouse w/ single slip, spacious interior sitting area, & top deck. An ATV trail provides an alternate route to the water. Perfectly positioned between Lake Joseph & Lake Rosseau, & just over 2 hrs from the GTA, enjoy the best of Muskoka living w/ easy access to all amenities. 10 mins from Rosseau & Port Sandfield, & 15 mins from Downtown Port Carling, providing complete privacy while being close to restaurants, boutiques, groceries, LCBO & more! A once-in-a-lifetime opportunity!

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Property Summary

This detached home located at 1010 North Drive, Muskoka Lakes is currently for sale and has been available on SousaSells for 633 days. This property is listed at $2,000,000 with an estimated mortgage of $6,657* per month. It has 4 beds, 2 bathrooms, and is 2000-2500 square feet. 1010 North Drive, 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?

Yes! Featuring 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Medora, Muskoka Lakes.

Highly Recommended for Families
What We Love About This Home
  • 4 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 2000-2500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Medora, Muskoka Lakes.

Target Buyer Match

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 10, 2025
Sold price information is available to members only
Listed Date11/8/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionWood
BasementCrawl Space, Unfinished
Lot Size444 × 367.05 Feet
CountyMuskoka
Annual Tax$5,559.78
Legal DescriptionPCL 3-1 SEC 35M628; LT 3 PL 35M628 MEDORA ; MUSKOKA LAKES ; THE DISTRICT MUNICIPALITY OF MUSKOKA

Parking & Garage

Parking Total15.0
Parking Space15
Garage TypeNone

Heating & Cooling

Heat SourceOther
Heat TypeBaseboard
CoolingNone

Features

Property Features

  • Golf
  • Greenbelt/Conservation
  • Lake Access
  • Lake/Pond
  • Marina
  • Park

Interior Features

  • Water Heater Owned

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 1010 North Drive, Muskoka Lakes, ON

Q.What is the asking price for 1010 North Drive, Muskoka Lakes, ON ?

The current listing price for 1010 North Drive, Muskoka Lakes, ON in Medora, Muskoka Lakes is $2,000,000.

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

This property features 4 bedrooms and 2 bathrooms across approximately 2000-2500 sqft.

Q.What property type and architectural style is 1010 North Drive, Muskoka Lakes, ON ?

1010 North Drive, Muskoka Lakes, ON is a Detached (Bungalow) featuring a Crawl Space, Unfinished basement.

Q.What key property features does 1010 North Drive, Muskoka Lakes, ON offer?

Key property features include: Golf, Greenbelt/Conservation, Lake Access, Lake/Pond, Marina, Park.

Q.What interior features are included in this home?

Interior highlights include: Water Heater Owned.

Q.Is parking available at this property?

Yes, this property offers parking space for 15.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Other and cooling via None.

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Location

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1010 North Drive, 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 1010 North Drive, 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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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$600,000 (30.0%)
* Minimum Canadian down payment required for this price is $400,000.
Amortization Period30 Years
Estimated Monthly Payment$6,657Based on a loan of $1,400,000 over 30 years.
Purchase Price$2,000,000
Loan Amount$1,400,000
Provincial Land Transfer Tax:$36,475
Total Estimated Closing Taxes:$36,475

About Purchasing a Home in Muskoka Lakes, ON

For a property listed at $2,000,000 in Muskoka Lakes, the legal minimum down payment is $400,000 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 $36,475 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 $36,475.

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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.