Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Medora. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $1,495,000 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.
Lake Muskoka Redevelopment Opportunity ~ Just minutes from Port Carling, this exceptional Lake Muskoka property offers 265 feet of sandy shoreline with a finger dock and single-slip boathouse. The existing century-old cottage provides a footprint for future redevelopment, while the one-bedroom bunkie offers comfortable accommodation as you plan and build your dream waterfront retreat. Privately tucked among mature trees, the property enjoys a gentle slope to the water's edge, featuring a beautiful sandy shoreline with a gradual entry that deepens progressively, offering excellent swimming and waterfront enjoyment for all ages. Whether envisioned as a private family compound, a convenient mainland landing for island property owners, a charming rental investment, or the site of a spectacular new cottage, the possibilities are endless. A rare opportunity to secure a prime Lake Muskoka property in a sought-after location just moments from Port Carling.
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Lake/Pond, Library, School Bus Route, Wooded/Treed, Cul de Sac/Dead End, Clear View
Primary Bedroom - Main Floor, Guest Accommodations
None
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1211 Foreman Road S 10, 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 $1,495,000 in Muskoka Lakes, the legal minimum down payment is $299,000 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 $26,375 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 $26,375.
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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.