1054 DEEWOOD Drive, Muskoka Lakes, ON

$929,000
MLS#:X10439917
3 beds
2 baths
1100-1500 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 27, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Multi-Level detached located in the coveted neighborhood of Watt. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $929,000 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 1100-1500 sqft
  • 6.0 total parking spaces available with a convenient outside/surface configuration
  • Notable attributes: Propane Tank, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Beach House Vibes and Spectacular Sunsets on the shores of Three Mile Lake. This charming 3 Bedroom, 2 Bathroom Cottage comes turn-key, fully furnished and ready for a Summer of fun and adventure. The extensive windows and glass doors at the front of the cottage provide unparalleled views of the lake and vibrant sunlight floods the entire space. The open concept main floor is perfect for entertaining with Dining Room, large spacious Living Room and well thought out Kitchen offering quartz counters and breakfast bar. The wrap around deck boasts a modern glass rail system emphasizing lake views while enjoying great sun exposure throughout the day. The Primary Bedroom offers a sitting area and access to a 3 piece ensuite with trendy tiling, modern finishes and stackable washer/dryer. Two additional bedrooms and another three piece washroom complete this offering. The entire cottage underwent a major transformation in the past 5 years including a full interior/exterior makeover, new septic system and further winterization to allow for year round use. The owners also recently upgraded water system to include tannin/particle filter and U/V light system. Nature surrounds you. The property offers a gentle sloping topography to the water making it the perfect spot to enjoy peaceful evenings around your very own firepit with family and friends. A new docking system was also installed in 2020. Three Mile Lake is a great lake for boating, paddling, watersports and is well known for it's great pickerel fishing. Less than 10 minutes to the iconic Windermere House and 20 minutes to Port Carling. Don't miss out on this wonderful opportunity to create lasting memories as a family in the heart of Muskoka.

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Property Summary

This detached home located at 1054 DEEWOOD Drive, Muskoka Lakes is currently for sale and has been available on SousaSells for 668 days. This property is listed at $929,000 with an estimated mortgage of $3,092* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 1054 DEEWOOD Drive, 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 3 bedrooms and 2 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
  • 3 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1100-1500 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
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 10, 2024
Sold price information is available to members only
Listed Date10/4/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleMulti-Level
ConstructionWood
BasementNone
CountyMuskoka
Annual Tax$2,708.62
Legal DescriptionPT LT 21 CON 8 WATT PT 3 RD884; PT RDAL IN FRONT OF LT 21 CON 8 WATT CLOSED BY DM231660 PT 1 35R12214; MUSKOKA LAKES

Parking & Garage

Parking Total6.0
Parking Space6
Garage TypeOutside/Surface

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Golf

Interior Features

  • Propane Tank
  • Water Heater Owned

Security Features

  • Security System

Community Features

None listed

Frequently Asked Questions about 1054 DEEWOOD Drive, Muskoka Lakes, ON

Q.What is the asking price for 1054 DEEWOOD Drive, Muskoka Lakes, ON ?

The current listing price for 1054 DEEWOOD Drive, Muskoka Lakes, ON in Watt, Muskoka Lakes is $929,000.

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

This property features 3 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.

Q.What property type and architectural style is 1054 DEEWOOD Drive, Muskoka Lakes, ON ?

1054 DEEWOOD Drive, Muskoka Lakes, ON is a Detached (Multi-Level) featuring a None basement.

Q.What key property features does 1054 DEEWOOD Drive, Muskoka Lakes, ON offer?

Key property features include: Golf.

Q.What interior features are included in this home?

Interior highlights include: Propane Tank, Water Heater Owned.

Q.What security features are installed at 1054 DEEWOOD Drive, Muskoka Lakes, ON ?

Security features include: Security System.

Q.Is parking available at this property?

Yes, this property offers parking space for 6.0 vehicles (Outside/Surface).

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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1054 DEEWOOD Drive, 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 1054 DEEWOOD Drive 11, Muskoka Lakes, ON P0B 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$278,700 (30.0%)
* Minimum Canadian down payment required for this price is $67,900.
Amortization Period30 Years
Estimated Monthly Payment$3,092Based on a loan of $650,300 over 30 years.
Purchase Price$929,000
Loan Amount$650,300
Provincial Land Transfer Tax:$15,055
Total Estimated Closing Taxes:$15,055

About Purchasing a Home in Muskoka Lakes, ON

For a property listed at $929,000 in Muskoka Lakes, the legal minimum down payment is $67,900 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 $15,055 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 $15,055.

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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.