This property was sold on November 14, 2024. This listing is for reference purposes only. to view the sold price.
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 $9,999,999 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.
Exemplary custom new construction cottage with 460 feet of frontage on Lake Rosseau, nestled in the heart of Port Carling! Ideally located at the end of a paved municipally maintained road for convenient year- round access. This is an entertainer’s delight featuring a perfect blend of bespoke, luxurious contemporary design in a quintessential classic Muskoka setting with North West exposure. Avail the opportunity to be in the middle of all the action. There’s a wow factor from the moment you drive through the entry gates and walk through the front doors with light drenched, mesmerizing views of coveted south Lake Rosseau. The main cottage property boasts 5,308 sq ft with five luxurious bedrooms, including upper and lower level primary suites, five bathrooms, engineered white oak and custom tile flooring, ample storage as well as four propane burning fireplaces. Breathtaking, open concept, sleek chef’s kitchen with a 14 foot oversized island featuring high end Thermador and Jennair appliances. There is an adjacent smartly equipped large butler’s pantry. There are dramatically high ceiling heights as well as impressive, principal living and entertaining spaces on both levels. Perfectly located within walking distance to Port Carling “the hub of Muskoka” and just minutes to the lakes’ finest clubs and dining. This property features tall, mature, pines, exceptional landscaping with extensive flagstone pathways and generous deck spaces for entertaining as well as a nestled private hot tub. Flagstone steps lead to a large newly constructed two-story expansive boat house with living accommodations and stunning open lake views. There is even a golf cart path incorporated into the landscape design. No detail has been overlooked to create Muskoka perfection for the discerning cottage connoisseur!
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This detached home located at 1160 ISLAND PARK Road, Muskoka Lakes is currently for sale and has been available on SousaSells for 766 days. This property is listed at $9,999,999 with an estimated mortgage of $33,286* per month. It has 5 beds, 6 bathrooms, and is 2500-3000 square feet. 1160 ISLAND PARK Road, Muskoka Lakes is in the Medora neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 6 bathrooms, this home offers ample space and comfort for growing families in Medora, Muskoka Lakes.
Growing families needing multi-bedroom flexibility and space in Medora, Muskoka Lakes.
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The current listing price for 1160 ISLAND PARK Road, Muskoka Lakes, ON in Medora, Muskoka Lakes is $9,999,999.
This property features 5 bedrooms and 6 bathrooms across approximately 2500-3000 sqft.
1160 ISLAND PARK Road, Muskoka Lakes, ON is a Detached (Bungalow) featuring a Walk-Out, Finished basement.
Interior highlights include: Bar Fridge, Water Treatment, On Demand Water Heater, Water Heater Owned, Air Exchanger.
Security features include: Carbon Monoxide Detectors, Smoke Detector.
Yes, this property offers parking space for 12.0 vehicles (Outside/Surface).
Heating is provided via Propane and cooling via Central Air.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1160 ISLAND PARK Road, Muskoka Lakes, ON P0B 1J0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Muskoka Lakes.
About Purchasing a Home in Muskoka Lakes, ON
For a property listed at $9,999,999 in Muskoka Lakes, the legal minimum down payment is $2,000,000 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 $236,475 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 $236,475.
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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.