1041 Summit Road, Muskoka Lakes, ON

$1,579,000
MLS#:X13576474
3 beds
2 baths
2000-2500 sqft
8.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Wood (Muskoka Lakes). Expertly crafted featuring premium stone and wood construction, this residence presents an exceptional opportunity offered at $1,579,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 450 x 873.13 ft lot
  • Features a partial basement, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available
  • Notable attributes: Bar Fridge, Water Heater Owned, Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Welcome to your private lakeside retreat on beautiful Bastedo Lake. Set on 9.02 acres of serene, forested land, this peaceful property boasts 450 feet of water frontage on a non-motorized lake, ideal for quiet paddling, swimming, and enjoying the natural beauty around you. The quiet, tree-surrounded setting offers exceptional privacy a true escape from the everyday. This turnkey cottage comes fully furnished, including all interior and exterior furniture plus water toys, making it ready for you to move in and start enjoying immediately. The cozy cottage features everything you need for a relaxing Muskoka getaway, including a steam sauna and a charming outdoor pizza oven, perfect for entertaining family and friends. In addition to personal enjoyment, Bastedo Lodge has generated significant rental income during the high season, with the opportunity to rent year-round, offering excellent investment potential. Located just 15 minutes from Bala and 25 min from Port Carling & Gravenhurst, you'll enjoy a perfect balance of seclusion and nearby amenities. This is more than a cottage-it's a lifestyle. Come experience the peace, privacy, and charm of 1041-1 Summit Road.

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This detached home located at 1041 Summit Road, Muskoka Lakes is currently for sale and has been available on SousaSells for 17 days. This property is listed at $1,579,000 with an estimated mortgage of $5,256* per month. It has 3 beds, 2 bathrooms, and is 2000-2500 square feet. 1041 Summit Road, Muskoka Lakes is in the Wood (Muskoka Lakes) neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Wood (Muskoka Lakes), Muskoka Lakes.

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

Families, couples, or downsizers looking for a well-proportioned home in Muskoka Lakes.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/17/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionStone, Wood
BasementPartial Basement, Unfinished
Lot Size450 × 873.13 Feet
CountyMuskoka
Annual Tax$2,981.03
Legal DescriptionPT LOT 14 CON 13 WOOD AS IN LT7915 EXCEPT PT 1 35R20822 RESERVING A STRIP OF LAND 1 CHAIN IN PERPENDICULAR WIDTH ALONG SHORE OF THE LAKE PARTLY WITHIN THE LIMITS OF SAID LOT; S/T EASEMENT OVER PART 1 35R20452 APPT TO PT 2-4 35R20822 AS IN MT5065; S/T EASEMENT OVER PT 1 35R20452 APPT TO PT 5 35R20822 AS IN MT6925; MUSKOKA LAKES; THE DISTRICT MUNICIPALITY OF MUSKOKA

Parking & Garage

Parking Total8.0
Parking Space8
Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Clear View
  • Golf

Interior Features

  • Bar Fridge
  • Water Heater Owned
  • Central Vacuum

Security Features

  • Alarm System
  • Carbon Monoxide Detectors
  • Smoke Detector

Community Features

None listed

Frequently Asked Questions about 1041 Summit Road, Muskoka Lakes, ON

Q.What is the asking price for 1041 Summit Road, Muskoka Lakes, ON ?

The current listing price for 1041 Summit Road, Muskoka Lakes, ON in Wood (Muskoka Lakes), Muskoka Lakes is $1,579,000.

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

This property features 3 bedrooms and 2 bathrooms across approximately 2000-2500 sqft.

Q.What property type and architectural style is 1041 Summit Road, Muskoka Lakes, ON ?

1041 Summit Road, Muskoka Lakes, ON is a Detached (2-Storey) featuring a Partial Basement, Unfinished basement.

Q.What key property features does 1041 Summit Road, Muskoka Lakes, ON offer?

Key property features include: Clear View, Golf.

Q.What interior features are included in this home?

Interior highlights include: Bar Fridge, Water Heater Owned, Central Vacuum.

Q.What security features are installed at 1041 Summit Road, Muskoka Lakes, ON ?

Security features include: Alarm System, Carbon Monoxide Detectors, Smoke Detector.

Q.Is parking available at this property?

Yes, this property offers parking space for 8.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Propane and cooling via Central Air.

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Location

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1041 Summit Road, 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 1041 Summit Road 1, Muskoka Lakes, ON P0C 1M0

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$473,700 (30.0%)
* Minimum Canadian down payment required for this price is $315,800.
Amortization Period30 Years
Estimated Monthly Payment$5,256Based on a loan of $1,105,300 over 30 years.
Purchase Price$1,579,000
Loan Amount$1,105,300
Provincial Land Transfer Tax:$28,055
Total Estimated Closing Taxes:$28,055

About Purchasing a Home in Muskoka Lakes, ON

For a property listed at $1,579,000 in Muskoka Lakes, the legal minimum down payment is $315,800 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 $28,055 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 $28,055.

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Wood (Muskoka Lakes), Muskoka Lakes Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$2,810,126

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 Wood (Muskoka Lakes), Muskoka Lakes

Elementary Schools

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Secondary Schools

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Wood (Muskoka Lakes), 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.