1028 Inverness Road, Muskoka Lakes, ON
Property no longer active
This property was sold on November 6, 2025. 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 vinyl siding construction, this residence presents an exceptional opportunity offered at $499,900 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 310 x 525 ft lot
- Features a unfinished, partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available
- Notable attributes: Primary Bedroom - Main Floor
- equipped with wall unit(s) central cooling and highly efficient forced air heating via propane
Description
Charming off-water cottage or home on private forested 4.46 acres. Welcome to your peaceful escape in the woods only a short walk to Three Mile Lake! Nestled on an elevated lot, this 2 bedroom, 2 bathroom, 1,036 sq ft home offers complete privacy with no neighbors in sight and is perfect as an off-water cottage, year-round residence, or nature lovers retreat. This property includes a cozy bunkie (2021), a spacious shed (2023), and ample room to build a future garage or expand your outdoor living. A short stroll down the road brings you to beautiful Three Mile Lake for easy water access and recreational fun at the family campground. Inside, the home has seen extensive upgrades including: Ductless heat pumps (2018), New 200 amp service and electrical panel (2018), Updated Juliet balcony (2020), All interior water lines replaced (2021), New furnace, ductwork, generator panel, water heater & bladder (2024), All but five windows replaced (2023) and a refreshed front deck (2024). Enjoy the added bonus of a walk-out basement workshop with storage ideal for hobbyist or tool/mechanical storage. Whether you're sipping coffee on the front deck, relaxing by the bunkie, or exploring the forested of your own backyard, this property offers a rare blend of tranquility, convenience, and move-in-ready comfort at an affordable price.
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Property Summary
This detached home located at 1028 Inverness Road, Muskoka Lakes is currently for sale and has been available on SousaSells for 388 days. This property is listed at $499,900 with an estimated mortgage of $1,664* per month. It has 2 beds, 2 bathrooms, and is 700-1100 square feet. 1028 Inverness Road, Muskoka Lakes is in the Watt neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Watt, Muskoka Lakes.
- •2 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •700-1100 sqft of generous functional square footage
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Primary Bedroom - Main Floor
Security Features
- Smoke Detector
Community Features
None listed
Frequently Asked Questions about 1028 Inverness Road, Muskoka Lakes, ON
Q.What is the asking price for 1028 Inverness Road, Muskoka Lakes, ON ?
The current listing price for 1028 Inverness Road, Muskoka Lakes, ON in Watt, Muskoka Lakes is $499,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 2 bathrooms across approximately 700-1100 sqft.
Q.What property type and architectural style is 1028 Inverness Road, Muskoka Lakes, ON ?
1028 Inverness Road, Muskoka Lakes, ON is a Detached (Bungalow-Raised) featuring a Unfinished, Partial Basement basement.
Q.What interior features are included in this home?
Interior highlights include: Primary Bedroom - Main Floor.
Q.What security features are installed at 1028 Inverness Road, Muskoka Lakes, ON ?
Security features include: Smoke Detector.
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 Wall Unit(s).
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About Purchasing a Home in Muskoka Lakes, ON
For a property listed at $499,900 in Muskoka Lakes, the legal minimum down payment is $24,995 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 $6,473 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 $6,473.
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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.