This property was sold on October 31, 2025. This listing is for reference purposes only. to view the sold price.
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.
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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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.Yes! Featuring 4 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Watt, Muskoka Lakes.
Growing families needing multi-bedroom flexibility and space in Watt, Muskoka Lakes.
None listed
The current listing price for 1057 MONTGOMERY Drive, Muskoka Lakes, ON in Watt, Muskoka Lakes is $3,290,000.
This property features 4 bedrooms and 3 bathrooms across approximately 3000-3500 sqft.
1057 MONTGOMERY Drive, Muskoka Lakes, ON is a Detached (2-Storey) featuring a Finished, Full basement.
Key property features include: Golf.
Interior highlights include: Bar Fridge, Water Purifier, Water Heater.
Security features include: Alarm System, Smoke Detector.
Yes, this property offers parking space for 5.0 vehicles (None).
Heating is provided via Propane and cooling via None.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1057 MONTGOMERY Drive, Muskoka Lakes, ON P0B 1J0
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 $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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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.