1018 Mill Street, Muskoka Lakes, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Medora. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $599,900 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
- Generous living space spanning 700-1100 sqft on a premium 100 x 90 ft lot
- Features a partially finished, exposed rock basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available
- Notable attributes: Carpet Free, Water Heater Owned, Propane Tank
- equipped with central air central cooling and highly efficient forced air heating via propane
Description
Cozy Four-Season Bungalow in the Heart of Bala. Embrace the Muskoka Lifestyle. Welcome to this charming and inviting bungalow, perfectly nestled in the heart of Bala, where cottage country charm meets year round comfort. Whether you're looking for a peaceful retreat or a permanent residence, or Can be a turn key income-generating investment.This well maintained, four season home offers the ideal Muskoka lifestyle. Featuring 3 comfortable bedrooms, 2 full bathrooms, and a fully renovated kitchen, the home is bright, clean, and ready to move in. Enjoy the ease of municipal water and sewer no septic or well to worry about. Step outside and find yourself just across the street from the public dock and boat launch, perfect for morning paddles or sunset cruises. Walk to local shops, restaurants, LCBO, and The KEE to Bala for live music and entertainment. Relax, unwind, and experience the best of Muskoka living in this lovely Bala bungalow.
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Parking & Garage
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Interior Features
Carpet Free, Water Heater Owned, Propane Tank
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1018 Mill Street, Muskoka Lakes, ON P0C 1A0
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About Purchasing a Home in Muskoka Lakes, ON
For a property listed at $599,900 in Muskoka Lakes, the legal minimum down payment is $34,990 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 $8,473 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 $8,473.
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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.