1138 SKELETON LAKE 2 Road, Muskoka Lakes, ON

$765,000
MLS#:X10436106
5 beds
3 baths
1100-1500 sqft
10.0 parking
Residential Freehold
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Property no longer active

This property was sold on October 31, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Other detached located in the coveted neighborhood of Watt. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $765,000 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.

  • 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 200 x 187 ft lot
  • Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Other, Workbench, Sewage Pump
  • equipped with other central cooling and highly efficient forced air heating via propane

Description

Discover rural living at its finest with this stunning property on a cleared 0.92 acre lot, just minutes from the scenic Skeleton Lake. This over 2000 sqft home offers a perfect blend of space, comfort, and functionality, making it an ideal retreat for families and hobbyists alike. The open-concept layout is filled with natural light, creating a warm and inviting atmosphere. For those who love to tinker or need extra storage, the 960 sqft (28 x 40) heated workshop is a dream come true, perfect for projects year-round. The finished basement apartment, complete with a separate entrance, offers additional living space or rental income potential, ideal for extended family or guests. Enjoy the beauty of nature from the comfort of your home in the 12 x 12 screened Muskoka room, perfect for sipping your morning coffee or unwinding in the evening without the hassle of bugs. Located just a 2-minute drive from the public boat launch and dock, this property is a haven for water enthusiasts. Spend your days boating, fishing, or simply soaking up the sun by the lake. This property is conveniently located within close proximity to several key areas: a short drive to Bracebridge, Huntsville, and Port Sydney. Don't miss out on this unique opportunity to own a piece of paradise close to Skeleton Lake. Whether you're looking for a peaceful retreat, a family home, or a property with rental potential, this rural gem has it all. Contact today to schedule a viewing and experience all this incredible property has to offer!

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Property Summary

This detached home located at 1138 SKELETON LAKE 2 Road, Muskoka Lakes is currently for sale and has been available on SousaSells for 752 days. This property is listed at $765,000 with an estimated mortgage of $2,546* per month. It has 5 beds, 3 bathrooms, and is 1100-1500 square feet. 1138 SKELETON LAKE 2 Road, Muskoka Lakes is in the Watt 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 5 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Watt, Muskoka Lakes.

Highly Recommended for Families
What We Love About This Home
  • 5 spacious bedroom layout offering versatile living space
  • 3 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 Watt, Muskoka Lakes.

Target Buyer Match

Key Features

Bedrooms
5
Bathrooms
3
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date7/12/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleOther
ConstructionWood
BasementSeparate Entrance, Finished
Lot Size200 × 187
CountyMuskoka
Annual Tax$2,074
Legal DescriptionPT LT 4 CON 11 WATT PT 10 RD910; MUSKOKA LAKES

Parking & Garage

Parking Total10.0
Parking Space20
Garage TypeDetached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingOther

Features

Property Features

None listed

Interior Features

  • Other
  • Workbench
  • Sewage Pump
  • Accessory Apartment
  • Water Heater Owned
  • Central Vacuum

Security Features

  • Carbon Monoxide Detectors
  • Smoke Detector

Community Features

None listed

Frequently Asked Questions about 1138 SKELETON LAKE 2 Road, Muskoka Lakes, ON

Q.What is the asking price for 1138 SKELETON LAKE 2 Road, Muskoka Lakes, ON ?

The current listing price for 1138 SKELETON LAKE 2 Road, Muskoka Lakes, ON in Watt, Muskoka Lakes is $765,000.

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

This property features 5 bedrooms and 3 bathrooms across approximately 1100-1500 sqft.

Q.What property type and architectural style is 1138 SKELETON LAKE 2 Road, Muskoka Lakes, ON ?

1138 SKELETON LAKE 2 Road, Muskoka Lakes, ON is a Detached (Other) featuring a Separate Entrance, Finished basement.

Q.What interior features are included in this home?

Interior highlights include: Other, Workbench, Sewage Pump, Accessory Apartment, Water Heater Owned, Central Vacuum.

Q.What security features are installed at 1138 SKELETON LAKE 2 Road, Muskoka Lakes, ON ?

Security features include: Carbon Monoxide Detectors, Smoke Detector.

Q.Is parking available at this property?

Yes, this property offers parking space for 10.0 vehicles (Detached).

Q.What heating and cooling systems are installed?

Heating is provided via Propane and cooling via Other.

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1138 SKELETON LAKE 2 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 1138 SKELETON LAKE 2 Road, 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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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$229,500 (30.0%)
* Minimum Canadian down payment required for this price is $51,500.
Amortization Period30 Years
Estimated Monthly Payment$2,546Based on a loan of $535,500 over 30 years.
Purchase Price$765,000
Loan Amount$535,500
Provincial Land Transfer Tax:$11,775
Total Estimated Closing Taxes:$11,775

About Purchasing a Home in Muskoka Lakes, ON

For a property listed at $765,000 in Muskoka Lakes, the legal minimum down payment is $51,500 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 $11,775 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 $11,775.

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Watt, Muskoka Lakes 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$1,789,423

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 Watt, Muskoka Lakes

Elementary Schools

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Secondary Schools

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Watt, 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.