1143 Butterfly Road, Muskoka Lakes, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Medora. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $739,000 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 130 x 200 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available
- Notable attributes: Primary Bedroom - Main Floor
- Efficient baseboard heating via electric
Description
Classic Muskoka cottage living on the shores of Butterfly Lake! Set among mature trees with a gentle slope to the water, this charming 3-season cottage offers a peaceful setting in an excellent location between Port Carling and Bala. Built in 1967, the approximately 900 sq. ft. cottage features 2 bedrooms, a 3-piece bath, electric baseboard heat and a wood-burning fireplace. A side deck with gazebo extends the living space outdoors, while a separate bunkie provides additional sleeping accommodation for guests. The property is serviced by lake water with a newer pump system and sediment filter (water is non-potable), an original septic system and electric hot water tank. The cottage sits on a block foundation (updated in 1998) with an unfinished lower level currently used for storage, providing useful additional space. Also included are a storage shed, paddleboat and furnishings, making this an easy cottage getaway from day one. TURN-KEY! DOCK remains in year-round. Boating, paddling, swimming and fishing from right outside your door. The road is municipally maintained, adding convenient access to this traditional cottage setting. Port Carling and Bala are close by for shopping, dining and services, while the Township of Muskoka Lakes offers public docks and boat launches, beaches, parks and hiking trails. Spend your days on the water, explore nearby Muskoka communities, or simply relax by the lake and enjoy the quiet surroundings. A wonderful opportunity to own a classic Muskoka retreat in a central Muskoka location.
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Property Summary
This detached home located at 1143 Butterfly Road, Muskoka Lakes is currently for sale and has been available on SousaSells for 0 days. This property is listed at $739,000 with an estimated mortgage of $2,460* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 1143 Butterfly Road, Muskoka Lakes is in the Medora neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in Medora, Muskoka Lakes.
- •3 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •700-1100 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Muskoka Lakes.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Waterfront
Interior Features
- Primary Bedroom - Main Floor
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 1143 Butterfly Road, Muskoka Lakes, ON
Q.What is the asking price for 1143 Butterfly Road, Muskoka Lakes, ON ?
The current listing price for 1143 Butterfly Road, Muskoka Lakes, ON in Medora, Muskoka Lakes is $739,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 1 bathroom across approximately 700-1100 sqft.
Q.What property type and architectural style is 1143 Butterfly Road, Muskoka Lakes, ON ?
1143 Butterfly Road, Muskoka Lakes, ON is a Detached (Bungalow) featuring a Full, Unfinished basement.
Q.What key property features does 1143 Butterfly Road, Muskoka Lakes, ON offer?
Key property features include: Waterfront.
Q.What interior features are included in this home?
Interior highlights include: Primary Bedroom - Main Floor.
Q.Is parking available at this property?
Yes, this property offers parking space for 5.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Electric 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 $739,000 in Muskoka Lakes, the legal minimum down payment is $48,900 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 $11,255 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 $11,255.
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