This property was sold on July 19, 2024. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Watt. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $899,800 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.
Embrace Cottage Life on Three Mile Lake: A Muskoka Treasure! Welcome to your dream cottage on Three Mile Lake, one of the largest and most picturesque lakes in the Muskoka region. This enchanting property blends rustic charm with modern comforts, offering an idyllic retreat for both relaxation and adventure. Cottage Highlights: Step into a world of cozy elegance with three spacious bedrooms and one charming bathroom. With southwest exposure, you'll be treated to breathtaking lake views and stunning sunsets from your own slice of paradise. The open-concept layout invites you into a warm and welcoming space, where the kitchen flows seamlessly into a spacious living room adorned with cathedral ceilings and illuminated by the warm glow of a wood stove. The kitchen is a true heart of the home, featuring quartz countertops and knotty Alder cabinetry imported from Manitoba, combining rustic charm with modern functionality. Enjoy the beauty of the Muskoka landscape from the comfort of the Muskoka room, perfect for casual dining or entertaining. Step outside onto the large cedar deck or the lakeside bistro patio, ideal for al fresco dining and soaking in the serene lake views. Outdoor Features: Your own private natural sandy beach offers a perfect oasis for swimming and sunbathing. With 208 feet of shoreline and over 50 feet of floating dock, you have ample space for launching kayaks, fishing, or simply enjoying the tranquil waters. Explore the great outdoors with nearby hiking, biking, and ATV trails, or tee off at world-class golf courses set amidst breathtaking scenery. Location: Conveniently located just 20 minutes from Rosseau and Port Carling, this cottage offers the perfect balance of seclusion and accessibility. With a quick closing available, you can start enjoying this beautiful property all summer long. Don't miss the chance to own this hidden gem in Muskoka. Schedule your private viewing today and make your cottage dreams a reality!
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This detached home located at 1054 Cove Road, Muskoka Lakes is currently for sale and has been available on SousaSells for 777 days. This property is listed at $899,800 with an estimated mortgage of $2,995* per month. It has 3 beds, 1 bathroom, and is unknown square feet. 1054 Cove 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 3 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in Watt, Muskoka Lakes.
Families, couples, or downsizers looking for a well-proportioned home in Muskoka Lakes.
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The current listing price for 1054 Cove Road, Muskoka Lakes, ON in Watt, Muskoka Lakes is $899,800.
This property features 3 bedrooms and 1 bathroom.
1054 Cove Road, Muskoka Lakes, ON is a Detached (Bungalow) featuring a Half, Unfinished basement.
Key property features include: Waterfront, Golf, Lake Access, Beach, Clear View.
Interior highlights include: Water Heater.
Yes, this property offers parking space for 6.0 vehicles (None).
Heating is provided via Propane and cooling via Central Air.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1054 Cove Road 8, Muskoka Lakes, ON P0B 1M0
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 $899,800 in Muskoka Lakes, the legal minimum down payment is $64,980 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 $14,471 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 $14,471.
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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.