1141 Torrance Road, Muskoka Lakes, ON
Property no longer active
This property was sold on February 27, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Wood (Muskoka Lakes). Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $699,900 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 700-1100 sqft on a premium 122.36 x 270.1 ft lot
- 7.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- Efficient other heating via propane
Description
Welcome to Muskoka! Less than a 2 hour drive from the GTA with numerous routes to take, this picturesque waterfront property has the true Muskoka feel adorned with lots of rock and panoramic views of Black Lake. With 104 feet of shoreline and newer floating dock the water awaits. The property is .72 of an acre and is located on easily accessible paved year round road in the village of Torrance. With the Clear Lake Brewery, General store, Hardy Lake Provincial Park and Bala just minutes away there is no shortage of things to do. The spacious 2 bedroom cottage renovations have begun and are awaiting a new buyers ideas to complete. A new 200 amp service was installed in 2020. New roof in 2012. The Septic system was installed in 2008. Propane is run to the home with rental propane tank. Property features a oversized garage with loft perfect for storage and Bunkie type building awaiting finishing to accommodate guests. Property is being sold as is. Bring your finishing touches or build your new dream home!
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Property Summary
This detached home located at 1141 Torrance Road, Muskoka Lakes is currently for sale and has been available on SousaSells for 665 days. This property is listed at $699,900 with an estimated mortgage of $2,330* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 1141 Torrance Road, Muskoka Lakes is in the Wood (Muskoka Lakes) neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Wood (Muskoka Lakes), Muskoka Lakes.
- •2 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •700-1100 sqft of generous functional square footage
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Marina
- Park
- Rec./Commun.Centre
- School Bus Route
- Waterfront
- Wooded/Treed
Interior Features
- None
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 1141 Torrance Road, Muskoka Lakes, ON
Q.What is the asking price for 1141 Torrance Road, Muskoka Lakes, ON ?
The current listing price for 1141 Torrance Road, Muskoka Lakes, ON in Wood (Muskoka Lakes), Muskoka Lakes is $699,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom across approximately 700-1100 sqft.
Q.What property type and architectural style is 1141 Torrance Road, Muskoka Lakes, ON ?
1141 Torrance Road, Muskoka Lakes, ON is a Detached (Bungalow) featuring a None basement.
Q.What key property features does 1141 Torrance Road, Muskoka Lakes, ON offer?
Key property features include: Marina, Park, Rec./Commun.Centre, School Bus Route, Waterfront, Wooded/Treed.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 7.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Propane and cooling via None.
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Pricing & Value Insights
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About Purchasing a Home in Muskoka Lakes, ON
For a property listed at $699,900 in Muskoka Lakes, the legal minimum down payment is $44,990 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 $10,473 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 $10,473.
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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.