1218 MILFORD BAY Road, Muskoka Lakes, ON

$499,000
MLS#:X10439599
2 beds
2 baths
700-1100 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on January 7, 2026. 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 Monck (Muskoka Lakes). Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $499,000 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 700-1100 sqft on a premium 80 x 126 ft lot
  • Features a walk-up, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Heater
  • Efficient forced air heating via propane

Description

Discover this move-in-ready home nestled in the heart of Milford Bay, perfect for first-time home buyers seeking affordability without compromise. With all major updates complete, this property is truly turn-key and ready for day-to-day living. Enjoy peace of mind with a new propane furnace, updated flooring throughout, and renovated bathrooms—just unpack and make yourself at home! The main floor welcomes you with a spacious front foyer, ideal for greeting guests. Natural light flows through every room, and the main level features two comfortable bedrooms and a bright 4-piece bathroom. The generous kitchen offers abundant prep space and ample windows, making it a delightful area to cook and gather. The primary bedroom stands out with vaulted ceilings and direct deck access, while downstairs, the expansive rec room is perfect for family movie nights or cozy gatherings. An additional den and another 4-piece bathroom provide extra flexibility and convenience. Outside, the yard shines as a safe and open space for children to play, easily visible from the deck or kitchen windows. Just steps away, enjoy Right-a-way access to Lake Muskoka for year-round lake enjoyment, as well as nearby beach access, boat launches, and scenic trails like Huckleberry for an evening stroll. The local community center adds even more to love, with a baseball field, playground, and a seasonal ice rink. Proximity to Port Carling, Bracebridge, and daily amenities make this home both functional and conveniently located. COME CHECK IT OUT FOR YOURSELF!

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Property Summary

This detached home located at 1218 MILFORD BAY Road, Muskoka Lakes is currently for sale and has been available on SousaSells for 633 days. This property is listed at $499,000 with an estimated mortgage of $1,661* per month. It has 2 beds, 2 bathrooms, and is 700-1100 square feet. 1218 MILFORD BAY Road, Muskoka Lakes is in the Monck (Muskoka Lakes) 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 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Monck (Muskoka Lakes), Muskoka Lakes.

Highly Recommended for Families
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 700-1100 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date11/8/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionWood
BasementWalk-Up, Partially Finished
Lot Size80 × 126 Acres
CountyMuskoka
Annual Tax$1,262
Legal DescriptionPT ;PT 26 CON 9 MONCK AS IN DM353079, T/W DM353079

Parking & Garage

Parking Total4.0
Parking Space4
Garage TypeDetached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingNone

Features

Property Features

  • Golf

Interior Features

  • Water Heater

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 1218 MILFORD BAY Road, Muskoka Lakes, ON

Q.What is the asking price for 1218 MILFORD BAY Road, Muskoka Lakes, ON ?

The current listing price for 1218 MILFORD BAY Road, Muskoka Lakes, ON in Monck (Muskoka Lakes), Muskoka Lakes is $499,000.

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

This property features 2 bedrooms and 2 bathrooms across approximately 700-1100 sqft.

Q.What property type and architectural style is 1218 MILFORD BAY Road, Muskoka Lakes, ON ?

1218 MILFORD BAY Road, Muskoka Lakes, ON is a Detached (Bungalow) featuring a Walk-Up, Partially Finished basement.

Q.What key property features does 1218 MILFORD BAY Road, Muskoka Lakes, ON offer?

Key property features include: Golf.

Q.What interior features are included in this home?

Interior highlights include: Water Heater.

Q.Is parking available at this property?

Yes, this property offers parking space for 4.0 vehicles (Detached).

Q.What heating and cooling systems are installed?

Heating is provided via Propane and cooling via None.

Location

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1218 MILFORD BAY 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 1218 MILFORD BAY Road 3, Muskoka Lakes, ON P0B 1E0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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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$149,700 (30.0%)
* Minimum Canadian down payment required for this price is $24,950.
Amortization Period30 Years
Estimated Monthly Payment$1,661Based on a loan of $349,300 over 30 years.
Purchase Price$499,000
Loan Amount$349,300
Provincial Land Transfer Tax:$6,455
Total Estimated Closing Taxes:$6,455

About Purchasing a Home in Muskoka Lakes, ON

For a property listed at $499,000 in Muskoka Lakes, the legal minimum down payment is $24,950 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 $6,455 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 $6,455.

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Monck (Muskoka Lakes), Muskoka Lakes Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Monck (Muskoka Lakes), Muskoka Lakes.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$689,000

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 Monck (Muskoka Lakes), Muskoka Lakes

Elementary Schools

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Secondary Schools

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Monck (Muskoka Lakes), 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.