1067 BRUCE LAKE Drive, Muskoka Lakes, ON

$1,095,000
MLS#:X10896054
4 beds
2 baths
1100-1500 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on September 24, 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 Medora. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $1,095,000 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 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 110 x 174.59 ft lot
  • Features a walk-out, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Sewage Pump, Upgraded Insulation, Water Treatment
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

From the GTA, enjoy an approximate two-hour scenic drive to this TURN KEY, four-season cottage on Bruce Lake. When you arrive, you will note the meticulous upkeep and upgrades to this four-bedroom Muskoka destination. The pleasant colour palette of the cottage is accented with mature trees and a gorgeous panoramic view of Bruce Lake. The cottage has a large lakeside deck with premium metal railings and glass panels that won’t obscure your view. Large living room windows let in natural light which highlights the gleaming pine flooring throughout the cottage. The kitchen features new custom cabinetry with countertops, backsplash, and under-cupboard lighting for easy workflow. This cottage comes FURNISHED for easy move-in cottage enjoyment. See inclusions list for details. Some of the additional upgrades include new attic insulation and hatches, main floor & basement bathrooms, a wide staircase to the basement, new septic, water treatment, sump pump, heated water line, generator, steel roof on the cottage, and single-car garage all give peace of mind while enjoying this lovely northwest exposure cottage. Plenty of parking in the circular driveway for all of your guests and, a gentle slope to the water's edge with a large dock for relaxing, entertaining, and waterfront activities. Situated just minutes to Port Carling or Rosseau, golf courses, restaurants, and entertainment. Watch the virtual tour!

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Property Summary

This detached home located at 1067 BRUCE LAKE Drive, Muskoka Lakes is currently for sale and has been available on SousaSells for 717 days. This property is listed at $1,095,000 with an estimated mortgage of $3,645* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 1067 BRUCE LAKE Drive, Muskoka Lakes is in the Medora 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 2 bathrooms, this home offers ample space and comfort for growing families in Medora, Muskoka Lakes.

Highly Recommended for Families
What We Love About This Home
  • 4 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?

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

Target Buyer Match

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date8/16/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionWood
BasementWalk-Out, Partially Finished
Lot Size110 × 174.59
CountyMuskoka
Annual Tax$3,123.9
Legal DescriptionLT 9 PL 41 MEDORA; MUSKOKA LAKES

Parking & Garage

Parking Total6.0
Parking Space6
Garage TypeDetached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Golf

Interior Features

  • Sewage Pump
  • Upgraded Insulation
  • Water Treatment
  • Water Purifier
  • Water Heater Owned
  • Sump Pump

Security Features

  • Carbon Monoxide Detectors
  • Other
  • Smoke Detector

Community Features

None listed

Frequently Asked Questions about 1067 BRUCE LAKE Drive, Muskoka Lakes, ON

Q.What is the asking price for 1067 BRUCE LAKE Drive, Muskoka Lakes, ON ?

The current listing price for 1067 BRUCE LAKE Drive, Muskoka Lakes, ON in Medora, Muskoka Lakes is $1,095,000.

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

This property features 4 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.

Q.What property type and architectural style is 1067 BRUCE LAKE Drive, Muskoka Lakes, ON ?

1067 BRUCE LAKE Drive, Muskoka Lakes, ON is a Detached (Bungalow) featuring a Walk-Out, Partially Finished basement.

Q.What key property features does 1067 BRUCE LAKE Drive, Muskoka Lakes, ON offer?

Key property features include: Golf.

Q.What interior features are included in this home?

Interior highlights include: Sewage Pump, Upgraded Insulation, Water Treatment, Water Purifier, Water Heater Owned, Sump Pump.

Q.What security features are installed at 1067 BRUCE LAKE Drive, Muskoka Lakes, ON ?

Security features include: Carbon Monoxide Detectors, Other, Smoke Detector.

Q.Is parking available at this property?

Yes, this property offers parking space for 6.0 vehicles (Detached).

Q.What heating and cooling systems are installed?

Heating is provided via Propane and cooling via Central Air.

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1067 BRUCE LAKE 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 1067 BRUCE LAKE Drive, Muskoka Lakes, ON P0B 1G0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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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$328,500 (30.0%)
* Minimum Canadian down payment required for this price is $219,000.
Amortization Period30 Years
Estimated Monthly Payment$3,645Based on a loan of $766,500 over 30 years.
Purchase Price$1,095,000
Loan Amount$766,500
Provincial Land Transfer Tax:$18,375
Total Estimated Closing Taxes:$18,375

About Purchasing a Home in Muskoka Lakes, ON

For a property listed at $1,095,000 in Muskoka Lakes, the legal minimum down payment is $219,000 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 $18,375 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 $18,375.

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Medora, Muskoka Lakes Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Medora, Muskoka Lakes.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$2,836,640

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 Medora, Muskoka Lakes

Elementary Schools

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Secondary Schools

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Medora, 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.