1036 Phyllimar Lane, Muskoka Lakes, ON

$1,249,000
MLS#:X9311443
5 beds
3 baths
2000-2500 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on April 17, 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 Watt. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $1,249,000 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.

  • 5 Bedrooms and 3 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 120 x 129 ft lot
  • Features a finished with walk-out, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Central Vacuum
  • Efficient baseboard heating via electric

Description

Discover your perfect four-season family cottage on highly sought-after Brandy Lake in Muskoka. Boasting 120 feet of private shoreline, this retreat offers tranquil lake views and breathtaking sunsets. With over 2,100 square feet of thoughtfully designed space, the cottage features 5 bedrooms and 3 full bathrooms across two levels - perfect for family gatherings or entertaining friends. The heart of the home is the spacious open-concept kitchen, complete with generous storage and a large island with seating. Step out from the dining room onto the deck, where you can light the BBQ and enjoy stunning lake vistas. The main floor includes a large primary bedroom with a beautiful ensuite, a second bedroom, and an additional full bathroom. The lower level offers a cozy family room with a walkout, three additional bedrooms, and another full bathroom, ensuring ample privacy for family and guests. An attached single-car garage and a large shed provide convenient storage for water toys and gardening equipment. At the waterfront, unwind on the lounging deck, take advantage of the extensive dock space, and delight in deep water ideal for swimming, boating, and water sports. This fully furnished Muskoka gem is ready for immediate enjoyment and is conveniently located just minutes from Port Carlings dining and shopping, and only a 2-hour drive from Toronto.

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Property Summary

This detached home located at 1036 Phyllimar Lane, Muskoka Lakes is currently for sale and has been available on SousaSells for 693 days. This property is listed at $1,249,000 with an estimated mortgage of $4,157* per month. It has 5 beds, 3 bathrooms, and is 2000-2500 square feet. 1036 Phyllimar Lane, Muskoka Lakes is in the Watt 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 5 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Watt, Muskoka Lakes.

Highly Recommended for Families
What We Love About This Home
  • 5 spacious bedroom layout offering versatile living space
  • 3 well-appointed bathrooms
  • 2000-2500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Watt, Muskoka Lakes.

Target Buyer Match

Key Features

Bedrooms
5
Bathrooms
3
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 13, 2024
Sold price information is available to members only
Listed Date9/9/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionAluminum Siding, Brick
BasementFinished with Walk-Out, Full
Lot Size120 × 129 Acres
CountyMuskoka
Annual Tax$2,919.35
Legal DescriptionLT 7 PL 11 WATT; MUSKOKA LAKES

Parking & Garage

Parking Total6.0
Parking Space5
Garage TypeAttached

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

  • Golf
  • Lake/Pond
  • Library
  • Rec./Commun.Centre
  • Waterfront
  • Wooded/Treed

Interior Features

  • Central Vacuum

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 1036 Phyllimar Lane, Muskoka Lakes, ON

Q.What is the asking price for 1036 Phyllimar Lane, Muskoka Lakes, ON ?

The current listing price for 1036 Phyllimar Lane, Muskoka Lakes, ON in Watt, Muskoka Lakes is $1,249,000.

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

This property features 5 bedrooms and 3 bathrooms across approximately 2000-2500 sqft.

Q.What property type and architectural style is 1036 Phyllimar Lane, Muskoka Lakes, ON ?

1036 Phyllimar Lane, Muskoka Lakes, ON is a Detached (2-Storey) featuring a Finished with Walk-Out, Full basement.

Q.What key property features does 1036 Phyllimar Lane, Muskoka Lakes, ON offer?

Key property features include: Golf, Lake/Pond, Library, Rec./Commun.Centre, Waterfront, Wooded/Treed.

Q.What interior features are included in this home?

Interior highlights include: Central Vacuum.

Q.Is parking available at this property?

Yes, this property offers parking space for 6.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via None.

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Location

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1036 Phyllimar Lane, 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 1036 Phyllimar Lane, Muskoka Lakes, ON P0B 1J0

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$374,700 (30.0%)
* Minimum Canadian down payment required for this price is $249,800.
Amortization Period30 Years
Estimated Monthly Payment$4,157Based on a loan of $874,300 over 30 years.
Purchase Price$1,249,000
Loan Amount$874,300
Provincial Land Transfer Tax:$21,455
Total Estimated Closing Taxes:$21,455

About Purchasing a Home in Muskoka Lakes, ON

For a property listed at $1,249,000 in Muskoka Lakes, the legal minimum down payment is $249,800 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 $21,455 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 $21,455.

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Watt, Muskoka Lakes Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,789,423

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 Watt, Muskoka Lakes

Elementary Schools

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Secondary Schools

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Watt, 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.