1057 MONTGOMERY Drive, Muskoka Lakes, ON

$3,290,000
MLS#:X12352712
4 beds
3 baths
3000-3500 sqft
5.0 parking
Residential Freehold
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Property no longer active

This property was sold on October 31, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Watt. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $3,290,000 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.

  • 4 Bedrooms and 3 Bathrooms
  • Generous living space spanning 3000-3500 sqft on a premium 105 x 246 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available
  • Notable attributes: Bar Fridge, Water Purifier, Water Heater
  • Efficient forced air heating via propane

Description

With northerly views up the lake, this 3000+ square foot, 3+1 bedroom/ 4 bath cottage on Lake Rosseau/East Portage Bay, can easily accommodate family and friends with ample room to cosy up on the main floor living area around the gas fireplace. The lower level features a wood burning stove and a walkout. As you descend the stone steps, gather by the firepit on cool evenings and just a few steps away, a single slip dock awaits, inviting you to embark on aquatic adventures, whether it's boating, swimming, or simply basking in the serene waters. The cottage's strategic positioning offers breathtaking northern views that capture the essence of the Lake Rosseau landscape. Imagine waking up to the sight of shimmering waters and evergreen-clad shores. Conveniently located to both Port Carling, known for its boutique shops and local dining, and the historic Windermere House, adding a touch of nostalgia and heritage to your lakeside experience.

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Property Summary

This detached home located at 1057 MONTGOMERY Drive, Muskoka Lakes is currently for sale and has been available on SousaSells for 350 days. This property is listed at $3,290,000 with an estimated mortgage of $10,951* per month. It has 4 beds, 3 bathrooms, and is 3000-3500 square feet. 1057 MONTGOMERY 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 4 bedrooms and 3 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
  • 4 spacious bedroom layout offering versatile living space
  • 3 well-appointed bathrooms
  • 3000-3500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Watt, Muskoka Lakes.

Target Buyer Match

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Living Area
3000-3500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 31, 2025
Sold price information is available to members only
Listed Date8/18/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionWood
BasementFinished, Full
Lot Size105 × 246 Feet
CountyMuskoka
Annual Tax$6,290
Legal DescriptionPCL 15025 SEC MUSKOKA; LT 10 PL M362 WATT; PT RDAL IN FRONT OF LT 28 CON 5 WATT CLOSED BY LT174612, DESIGNATED AS PT 3 35R14968 S/T PT 1 35R14968 AS IN LT178133; MUSKOKA LAKES ; THE DISTRICT MUNICIPALITY OF MUSKOKA

Parking & Garage

Parking Total5.0
Parking Space5
Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingNone

Features

Property Features

  • Golf

Interior Features

  • Bar Fridge
  • Water Purifier
  • Water Heater

Security Features

  • Alarm System
  • Smoke Detector

Community Features

None listed

Frequently Asked Questions about 1057 MONTGOMERY Drive, Muskoka Lakes, ON

Q.What is the asking price for 1057 MONTGOMERY Drive, Muskoka Lakes, ON ?

The current listing price for 1057 MONTGOMERY Drive, Muskoka Lakes, ON in Watt, Muskoka Lakes is $3,290,000.

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

This property features 4 bedrooms and 3 bathrooms across approximately 3000-3500 sqft.

Q.What property type and architectural style is 1057 MONTGOMERY Drive, Muskoka Lakes, ON ?

1057 MONTGOMERY Drive, Muskoka Lakes, ON is a Detached (2-Storey) featuring a Finished, Full basement.

Q.What key property features does 1057 MONTGOMERY Drive, Muskoka Lakes, ON offer?

Key property features include: Golf.

Q.What interior features are included in this home?

Interior highlights include: Bar Fridge, Water Purifier, Water Heater.

Q.What security features are installed at 1057 MONTGOMERY Drive, Muskoka Lakes, ON ?

Security features include: Alarm System, Smoke Detector.

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 None.

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Location

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1057 MONTGOMERY 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 1057 MONTGOMERY Drive, Muskoka Lakes, ON P0B 1J0

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$987,000 (30.0%)
* Minimum Canadian down payment required for this price is $658,000.
Amortization Period30 Years
Estimated Monthly Payment$10,951Based on a loan of $2,303,000 over 30 years.
Purchase Price$3,290,000
Loan Amount$2,303,000
Provincial Land Transfer Tax:$68,725
Total Estimated Closing Taxes:$68,725

About Purchasing a Home in Muskoka Lakes, ON

For a property listed at $3,290,000 in Muskoka Lakes, the legal minimum down payment is $658,000 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 $68,725 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 $68,725.

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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.