1131 ELGIN HOUSE Road, Muskoka Lakes, ON

$3,895,000
MLS#:X10437416
4 beds
4 baths
2500-3000 sqft
2.0 parking
Residential Freehold
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Property no longer active

This property was sold on October 21, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of Medora. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $3,895,000 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 4 Bathrooms
  • Generous living space spanning 2500-3000 sqft
  • Features a unfinished, crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient outside/surface configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient heating via gas

Description

Escape to the tranquility of this end unit condo, nestled on the shores of Lake Joseph, where breathtaking views and the ease of condo living await. Embrace the allure of a social community of like-minded owners and indulge in the world-class amenities of the Lake Joseph Club. Enjoy year-round recreation with a 3-season gym, tennis and pickleball courts, and the pristine beach perfect for the grandkids to explore. Golf enthusiasts will delight in the proximity to the renowned ClubLink golf course at Lake Joe Club, while nature lovers can venture onto the scenic hiking trails. Boating enthusiasts will relish the unparalleled access to Lake Joseph right from your doorstep. Step inside this haven of elegance and comfort, recently renovated with a tasteful transitional palette. Engineered flooring flows seamlessly throughout, leading you to a spacious kitchen with a center breakfast island, perfect for casual dining or entertaining. The open concept main floor invites relaxation and connection. A cozy wood-fired fireplace anchors the living room, enhanced by post and beam truss detail, custom millwork bookshelves, and a convenient wet bar. The dining room, overlooking the lake, sets the scene for memorable meals with loved ones. Step out onto the Muskoka room, adorned with teak flooring and sliding glass doors, to embrace the beauty of outdoor living. Located minutes from Port Sandfield, this rare and one-of-a-kind offering has been refinished to perfection. It presents an idyllic retreat for those seeking serenity, natural beauty, and the finest amenities Muskoka has to offer. Don't miss this opportunity to own a piece of paradise.

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Property Summary

This townhouse located at 1131 ELGIN HOUSE Road, Muskoka Lakes is currently for sale and has been available on SousaSells for 689 days. This property is listed at $3,895,000 with an estimated mortgage of $12,965* per month. It has 4 beds, 4 bathrooms, and is 2500-3000 square feet. 1131 ELGIN HOUSE Road, 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 4 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
  • 4 well-appointed bathrooms
  • 2500-3000 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
4
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date9/13/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural Style2-Storey
ConstructionWood
BasementUnfinished, Crawl Space
CountyMuskoka
Annual Tax$5,602.75
Legal DescriptionUNIT 1, LEVEL 1, MUSKOKA CONDOMINIUM PLAN NO. 41 AND ITS APPURTENANT INTEREST. THE DESCRIPTION OF THE CONDOMINIUM PROPERTY IS : PT PCL 34258 SEC MUSKOKA; PT LT 20 CON 5 MEDORA PT 4 35R17218; PT LT 21 CON 5 MEDORA CLOSED BY DM36655, DM163462, DM293199, PT 2 35R17218 SAVE AND EXCEPT PT 1 35R17222, MORE FULLY DESCRIBED IN SCHEDULE 'A' OF DECLARATION LT201572; MUSKOKA LAKES T/W LT206843

Parking & Garage

Parking Total2.0
Parking Space2
Garage TypeOutside/Surface

Heating & Cooling

Heat SourceGas
CoolingCentral Air

Features

Property Features

  • Golf

Interior Features

  • Other

Security Features

  • Alarm System

Community Features

None listed

Frequently Asked Questions about 1131 ELGIN HOUSE Road, Muskoka Lakes, ON

Q.What is the asking price for 1131 ELGIN HOUSE Road, Muskoka Lakes, ON ?

The current listing price for 1131 ELGIN HOUSE Road, Muskoka Lakes, ON in Medora, Muskoka Lakes is $3,895,000.

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

This property features 4 bedrooms and 4 bathrooms across approximately 2500-3000 sqft.

Q.What property type and architectural style is 1131 ELGIN HOUSE Road, Muskoka Lakes, ON ?

1131 ELGIN HOUSE Road, Muskoka Lakes, ON is a Att/Row/Townhouse (2-Storey) featuring a Unfinished, Crawl Space basement.

Q.What key property features does 1131 ELGIN HOUSE Road, Muskoka Lakes, ON offer?

Key property features include: Golf.

Q.What interior features are included in this home?

Interior highlights include: Other.

Q.What security features are installed at 1131 ELGIN HOUSE Road, Muskoka Lakes, ON ?

Security features include: Alarm System.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (Outside/Surface).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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1131 ELGIN HOUSE 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 1131 ELGIN HOUSE Road 3, Muskoka Lakes, ON P0B 1J0

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$1,168,500 (30.0%)
* Minimum Canadian down payment required for this price is $779,000.
Amortization Period30 Years
Estimated Monthly Payment$12,965Based on a loan of $2,726,500 over 30 years.
Purchase Price$3,895,000
Loan Amount$2,726,500
Provincial Land Transfer Tax:$83,850
Total Estimated Closing Taxes:$83,850

About Purchasing a Home in Muskoka Lakes, ON

For a property listed at $3,895,000 in Muskoka Lakes, the legal minimum down payment is $779,000 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 $83,850 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 $83,850.

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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.