1124 Coate Road, Muskoka Lakes, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Cardwell. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $11,695,000 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
- Generous living space spanning 1500-2000 sqft on a spacious lot (Feet)
- 16.0 total parking spaces available
- Notable attributes: Storage
Description
Presenting immense opportunity that flawlessly connects nature's tranquility with unmatched potential. Exceptional sunset exposures to the north-west and south with expansive acreage and vast frontage. This Lake Rosseau estate boasts 6.5 acres and an impressive 1369 feet of private water frontage. A testament to heritage, the historic Muskoka cottage graces the landscape with generous privacy and a desirable location. This estate provides gentle sand entries, deeper waters, & multiple points for swimming. Sunrise to sunset,the property bathes in an abundance of natural light, southern sun-rays, and offering panoramic views. Awaiting your creative direction for luxury residences, the natural build sites are apparent; sever the landscape into multiple waterfront lots, or create one exclusive family compound.This property offers good severance potential, a space for crafting a family haven of utmost privacy, or consider expanding your lakeside portfolio. A legacy property that is truly one of a Kind with only a few parcels available this large in size on the Muskoka Lakes.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Waterfront, Wooded/Treed
Interior Features
Storage
Security Features
Community Features
Location
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 1124 Coate Road 8, Muskoka Lakes, ON P0C 1J0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Muskoka Lakes, ON
For a property listed at $11,695,000 in Muskoka Lakes, the legal minimum down payment is $2,339,000 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 $278,850 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 $278,850.
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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.