1108 Buckeye Road, Muskoka Lakes, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Medora. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $499,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 987 x 1370 ft lot size
Description
One of two new waterfront lots at Ricketts Lake with a new private road access from Buckeye Road. This retained lot created by consent is well treed and features 13 acres of land and over 900 feet of shoreline. Ricketts Lake is between Lake Joseph and Stewart Lakes, close to boat launch at Foots Bay, and shopping at Mactier. The lot coms together with and is subject to a right of way access to the lot and the severed lot next door. The property is also subject to an easement and hydro is available from the neigbouring property or from the hydro lines crossing the property. Permission is required to walk the property or to use the new road access to the properties. Please contact the Listing Brokerage for a site visit or for more information.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1108 Buckeye Road, Muskoka Lakes, ON P0C 1H0
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About Purchasing a Home in Muskoka Lakes, ON
For a property listed at $499,000 in Muskoka Lakes, the legal minimum down payment is $24,950 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 $6,455 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 $6,455.
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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.