1055 CUTLER Road, Muskoka Lakes, ON
Property no longer active
This property was sold on July 22, 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 Watt. Expertly crafted featuring premium wood and stone construction, this residence presents an exceptional opportunity offered at $1,295,000 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 1500-2000 sqft
- Features a walk-out, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available
- Notable attributes: Propane Tank
- equipped with other central cooling and highly efficient heat pump heating via propane
Description
SLEEPS 10!! Discover your dream escape at this stunning year-round cottage on Three Mile Lake in Muskoka. Designed in an octagonal style and offering breathtaking lake views through abundant windows, seamlessly blending indoor-outdoor living. Step inside to soaring ceilings and a custom kitchen opening to a spacious deck for al fresco dining. The lower walkout features a cozy family room with a gas fireplace. Reclaimed hemlock floors add warmth, while outside, a lakeside patio, refurbished sleeping cabin, and a bunkie offer extra sleeping space. Enjoy 207 feet of water frontage on a gently sloping, sunny south-facing property with a newer Nydock for water activities—high-speed internet and an EV Charging Level 2 station complete this perfect retreat. Embrace Muskoka living - own your piece of paradise on Three Mile Lake!
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Property Summary
This detached home located at 1055 CUTLER Road, Muskoka Lakes is currently for sale and has been available on SousaSells for 791 days. This property is listed at $1,295,000 with an estimated mortgage of $4,311* per month. It has 2 beds, 1 bathroom, and is 1500-2000 square feet. 1055 CUTLER Road, Muskoka Lakes is in the Watt 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 Watt, Muskoka Lakes.
- •2 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •1500-2000 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
- Propane Tank
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 1055 CUTLER Road, Muskoka Lakes, ON
Q.What is the asking price for 1055 CUTLER Road, Muskoka Lakes, ON ?
The current listing price for 1055 CUTLER Road, Muskoka Lakes, ON in Watt, Muskoka Lakes is $1,295,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom across approximately 1500-2000 sqft.
Q.What property type and architectural style is 1055 CUTLER Road, Muskoka Lakes, ON ?
1055 CUTLER Road, Muskoka Lakes, ON is a Detached (Bungalow) featuring a Walk-Out, Finished basement.
Q.What interior features are included in this home?
Interior highlights include: Propane Tank.
Q.Is parking available at this property?
Yes, this property offers parking space for 5.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Propane and cooling via Other.
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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 $1,295,000 in Muskoka Lakes, the legal minimum down payment is $259,000 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 $22,375 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 $22,375.
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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.