1014 Torrance Road, Muskoka Lakes, ON

$479,000
MLS#:X12322910
3 beds
2 baths
1100-1500 sqft
10.0 parking
Residential Freehold
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Property no longer active

This property was sold on October 16, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Wood (Muskoka Lakes). Expertly crafted featuring premium concrete block and vinyl siding construction, this residence presents an exceptional opportunity offered at $479,000 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.

  • 3 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 66 x 350 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available
  • Notable attributes: In-Law Capability
  • Efficient forced air heating via propane

Description

Tucked away in the picturesque Village of Torrance, this charming 2-storey home offers a unique blend of comfort, functionality, and character. With two self-contained living spaces each featuring its own kitchen this home is ideal for multi-generational families, guests, or potential rental income. Offering 3+1 bedrooms and 2 baths and over 2000 sq ft of living space. Step outside to enjoy sunsets from the upper-level deck, a very level property and a generous 20' x 14' shed/bunkie in the backyard providing extra space. This property is conveniently located within walking distance to Lake Muskoka boasting a sand beach and public boat launch, spas, shops restaurants and more! Call, text or email to book your private viewing today!

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Property Summary

This detached home located at 1014 Torrance Road, Muskoka Lakes is currently for sale and has been available on SousaSells for 364 days. This property is listed at $479,000 with an estimated mortgage of $1,594* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 1014 Torrance Road, Muskoka Lakes is in the Wood (Muskoka Lakes) 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 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Wood (Muskoka Lakes), Muskoka Lakes.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1100-1500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Muskoka Lakes.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 16, 2025
Sold price information is available to members only
Listed Date8/4/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionConcrete Block, Vinyl Siding
BasementFinished
Lot Size66 × 350 Feet
CountyMuskoka
Annual Tax$1,171
Legal DescriptionLOT 26 & PART LOT 62 PLAN 6, PART QUEEN STREET PLAN 6 (CLOSED BY DM198638) & PART LOT 23 CONCESSION 8 WOOD PART 1 35R26854 TOWNSHIP OF MUSKOKA LAKES

Parking & Garage

Parking Total10.0
Parking Space10
Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingNone

Features

Property Features

  • Beach
  • Golf
  • Lake Access
  • School
  • Wooded/Treed

Interior Features

  • In-Law Capability

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 1014 Torrance Road, Muskoka Lakes, ON

Q.What is the asking price for 1014 Torrance Road, Muskoka Lakes, ON ?

The current listing price for 1014 Torrance Road, Muskoka Lakes, ON in Wood (Muskoka Lakes), Muskoka Lakes is $479,000.

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

This property features 3 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.

Q.What property type and architectural style is 1014 Torrance Road, Muskoka Lakes, ON ?

1014 Torrance Road, Muskoka Lakes, ON is a Detached (2-Storey) featuring a Finished basement.

Q.What key property features does 1014 Torrance Road, Muskoka Lakes, ON offer?

Key property features include: Beach, Golf, Lake Access, School, Wooded/Treed.

Q.What interior features are included in this home?

Interior highlights include: In-Law Capability.

Q.Is parking available at this property?

Yes, this property offers parking space for 10.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Propane and cooling via None.

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Location

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1014 Torrance 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 1014 Torrance Road, Muskoka Lakes, ON P0C 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$143,700 (30.0%)
* Minimum Canadian down payment required for this price is $23,950.
Amortization Period30 Years
Estimated Monthly Payment$1,594Based on a loan of $335,300 over 30 years.
Purchase Price$479,000
Loan Amount$335,300
Provincial Land Transfer Tax:$6,055
Total Estimated Closing Taxes:$6,055

About Purchasing a Home in Muskoka Lakes, ON

For a property listed at $479,000 in Muskoka Lakes, the legal minimum down payment is $23,950 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 $6,055 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 $6,055.

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Wood (Muskoka Lakes), Muskoka Lakes Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$2,810,126

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 Wood (Muskoka Lakes), Muskoka Lakes

Elementary Schools

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Secondary Schools

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Wood (Muskoka Lakes), 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.