1015 River Street, Muskoka Lakes, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Medora. Expertly crafted featuring premium vinyl siding and aluminum siding construction, this residence presents an exceptional opportunity offered at $844,988 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 premium 165 x 92 ft lot
- Features a full, separate entrance, unfinished, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Bar Fridge, Carpet Free, Water Heater Owned
- equipped with wall unit(s) central cooling and highly efficient heat pump heating via electric
Description
Welcome to 1015 River Street, a stunning, well maintained four season waterfront retreat nestled on the beautiful Moon River in the heart of Bala, the Cranberry Capital of Ontario. This unique property perfectly blends modern Muskoka style with timeless cottage charm, offering a peaceful lifestyle in one of Muskoka's most sought-after communities.The open concept layout features a soaring cathedral ceiling over the dining area and an oversized sliding glass door leading to a spacious waterfront BBQ deck with spectacular sunset views. Enjoy the low maintenance side deck complete with a retractable awning and custom metal railings Ideal for relaxing or entertaining. Additional features include municipal water and sewer (no well or septic), central air conditioning, an owned tankless on demand hot water system, and a camera security system. Ideally located within walking distance to Bala's shops, restaurants, LCBO, Don's Bakery, and the famous Kee to Bala. Just minutes from local attractions, including the Muskoka BeerSpa and brewery. Whether you're looking for a year round residence, weekend getaway, or investment opportunity, this exceptional waterfront property offers the very best of Muskoka living.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Clear View, Library, Rec./Commun.Centre, River/Stream, Waterfront, Park
Interior Features
Bar Fridge, Carpet Free, Water Heater Owned, Auto Garage Door Remote, Propane Tank, Separate Heating Controls, Sump Pump
Security Features
Carbon Monoxide Detectors, Smoke Detector, Other
Community Features
Location
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 1015 River Street, Muskoka Lakes, ON P0C 1A0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Muskoka Lakes, ON
For a property listed at $844,988 in Muskoka Lakes, the legal minimum down payment is $59,499 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 $13,375 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 $13,375.
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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.