1042 Packers Bay Road, Muskoka Lakes, ON
Property no longer active
This property was sold on October 15, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Wood (Muskoka Lakes). Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,495,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a spacious lot (Feet)
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: Water Heater
- Efficient baseboard heating via electric
Description
SOLD FIRM - Awaiting the deposit. Welcome to your lakeside getaway at 1042 Packers Bay Road on Lake Muskoka. This cozy 988 sq ft cottage sits on 160 feet of beautiful, quiet bay lake frontage and features 2 bedrooms, 1 bathroom, and an additional bathroom in the bunkhouse, all supported by a new septic system installed in 2021. Enjoy the outdoors with a sandy walk-in beach, deep water at the end of the dockperfect for swimming and boating. The cottage is south-facing, letting in plenty of natural light and offering stunning lake views. Located just 10 minutes from Bala and 15 minutes from Gravenhurst, you're close to scenic trails, golf courses, local restaurants, and Clear Lake Brewing Co. A nearby marina adds even more convenience for your boating adventures. This property offers the perfect mix of relaxation, natural beauty, and easy access to all that Muskoka has to offer. With its prime location and spacious lakefront, this property also presents a fantastic redevelopment opportunity for those looking to build their dream home on the shores of Lake Muskoka.
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Property Summary
This detached home located at 1042 Packers Bay Road, Muskoka Lakes is currently for sale and has been available on SousaSells for 661 days. This property is listed at $1,495,000 with an estimated mortgage of $4,976* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 1042 Packers Bay Road, Muskoka Lakes is in the Wood (Muskoka Lakes) neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Wood (Muskoka Lakes), Muskoka Lakes.
- •2 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •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
- Water Heater
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 1042 Packers Bay Road, Muskoka Lakes, ON
Q.What is the asking price for 1042 Packers Bay Road, Muskoka Lakes, ON ?
The current listing price for 1042 Packers Bay Road, Muskoka Lakes, ON in Wood (Muskoka Lakes), Muskoka Lakes is $1,495,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom across approximately 700-1100 sqft.
Q.What property type and architectural style is 1042 Packers Bay Road, Muskoka Lakes, ON ?
1042 Packers Bay Road, Muskoka Lakes, ON is a Detached (Bungalow) featuring a Full, Unfinished basement.
Q.What interior features are included in this home?
Interior highlights include: Water Heater.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via None.
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Pricing & Value Insights
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Muskoka Lakes, ON
For a property listed at $1,495,000 in Muskoka Lakes, the legal minimum down payment is $299,000 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 $26,375 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 $26,375.
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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.