This property was sold on November 7, 2024. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Medora. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $5,395,000 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.
This well-maintained 7-bedroom, 6-bathroom cottage offers 6,200 square feet of comfortable living space with plenty of natural light and luxury finishes. Key features include a detached two-car garage with an electric car outlet, a perennial frog pond, and a large sandy beach. The property also boasts a 3-slip boathouse with spacious docks for sunbathing and stunning bay views, perfect for deep water diving.Set on 19.88 acres with 470 feet of waterfront, the cottage has South and East-facing water exposure, providing beautiful sunrises and all day sun. An automatic sprinkler system ensures easy maintenance of the lush grounds.Located just 10 minutes from Port Carling and 5 minutes from Bala, youll enjoy nearby amenities such as golf courses and walking trails.
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This detached home located at 1032 Mortimers Point Road, Muskoka Lakes is currently for sale and has been available on SousaSells for 657 days. This property is listed at $5,395,000 with an estimated mortgage of $17,958* per month. It has 7 beds, 5 bathrooms, and is 5000 + square feet. 1032 Mortimers Point Road, Muskoka Lakes is in the Medora neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 7 bedrooms and 5 bathrooms, this home offers ample space and comfort for growing families in Medora, Muskoka Lakes.
Growing families needing multi-bedroom flexibility and space in Medora, Muskoka Lakes.
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The current listing price for 1032 Mortimers Point Road, Muskoka Lakes, ON in Medora, Muskoka Lakes is $5,395,000.
This property features 7 bedrooms and 5 bathrooms across approximately 5000 + sqft.
1032 Mortimers Point Road, Muskoka Lakes, ON is a Detached (1 1/2 Storey) featuring a Full, Finished basement.
Interior highlights include: Air Exchanger.
Yes, this property offers parking space for 8.0 vehicles (Detached).
Heating is provided via Propane and cooling via Central Air.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1032 Mortimers Point Road 7, Muskoka Lakes, ON P0B 1J0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Muskoka Lakes.
About Purchasing a Home in Muskoka Lakes, ON
For a property listed at $5,395,000 in Muskoka Lakes, the legal minimum down payment is $1,079,000 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 $121,350 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 $121,350.
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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.