1082 Cowan Park Road, Muskoka Lakes, ON

$625,000
MLS#:X13238130
2 beds
1 baths
< 700 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Watt. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $625,000 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 < 700 sqft on a premium 110 x 306 ft lot
  • 3.0 total parking spaces available
  • Notable attributes: On Demand Water Heater, Water Heater Owned
  • Efficient other heating via other

Description

What a view! Enjoy full-day sunshine and a coveted south-east exposure from this charming 3-season waterfront cottage on beautiful Three Mile Lake in Utterson, set on approximately acre with 110 feet of frontage and offering classic Muskoka lakefront living in a peaceful, natural setting. This inviting property delivers the true cottage experience with excellent swimming right off the dock or sandy shore, boating and paddling across the lake, and outstanding fishing opportunities for bass and walleye, all from your own shoreline. The cottage features 2 bedrooms plus a 1 bathroom layout, along with additional sleeping accommodations in both an interior bunk-nook and a separate shed bunkie, making it ideal for hosting extended family and friends. Recent upgrades provide added comfort and value, including a brand-new dock system, upgraded electrical panel, and an on-demand hot water tank, allowing for easier extended stays throughout the season. Outdoor living is fully embraced here with a spacious waterfront deck overlooking the lake, a firepit area perfect for evening gatherings, and a floating dock system designed for swimming, lounging, and enjoying long summer days. A rare bonus is ownership of land on both sides of Cowan Park Road, offering added flexibility and privacy, while a boundary survey is available for peace of mind. With quick closing available, this property is ready for immediate enjoyment this season. Three Mile Lake is known for its clean water, quiet cottage atmosphere, and scenic, lightly developed shoreline, providing a more relaxed Muskoka experience compared to larger, busier lakes while still offering great boating and exploration. Conveniently located within easy reach of Port Carling, Bracebridge, Rosseau, and Huntsville, this property offers the perfect balance of privacy, accessibility, and authentic Muskoka cottage lifestyle.

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/4/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionWood
BasementNone
Lot Size110 × 306 Feet
CountyMuskoka
Annual Tax$1,888.87
Legal DescriptionPCL 18383 SEC MUSKOKA; PT LT 20 CON 7 WATT PT 2 BR612; T/W PT 1, 5, 9 BR612 AS IN LT41165; T/W PT 10 BR612 AS IN LT41165; MUSKOKA LAKES ; THE DISTRICT MUNICIPALITY OF MUSKOKA

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceOther
Heat TypeOther
CoolingNone

Features

Property Features

Lake/Pond, Waterfront, Wooded/Treed, Marina, Lake Access, Beach

Interior Features

On Demand Water Heater, Water Heater Owned

Security Features

Community Features

Location

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1082 Cowan Park Road, 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 1082 Cowan Park Road 3, 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.

Market Trend
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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 Rate5.25%
Down Payment$37,500 (6.0%)
* Minimum Canadian down payment required for this price is $37,500.
Amortization Period25 Years
Estimated Monthly Payment$3,501Based on a loan of $587,500 over 25 years.
Purchase Price$625,000
Loan Amount$587,500
Provincial Land Transfer Tax:$8,975
Total Estimated Closing Taxes:$8,975

About Purchasing a Home in Muskoka Lakes, ON

For a property listed at $625,000 in Muskoka Lakes, the legal minimum down payment is $37,500 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 $8,975 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 $8,975.

Nearby Listings

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No current listings found in Muskoka Lakes.

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City & 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$1,120,756

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%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

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.