1221 East Bay Road, Muskoka Lakes, ON
Property Highlights
Welcome to this remarkable 1 Storey/Apt detached located in the coveted neighborhood of Wood (Muskoka Lakes). Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $1,895,000 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 205 x 195 ft lot
- 10.0 total parking spaces available
- Notable attributes: None
- Efficient baseboard heating via electric
Description
A property of genuine consequence on Lake Muskoka. Just under an acre, 205 feet of southwest-facing shoreline, all-day sun, sandy entry, deep-water dockage, level lot, and a setting of rare privacy - the hallmarks of a premier Muskoka holding. A cozy 3 bedroom, 1 bathroom panabode cottage with many recent improvements including roof shingles (2020), heat trace on water line (2019) hot water tank (2019), UV System (2019), washer/dryer (2021), dishwasher (2020), and bunkie (2024). What elevates this listing further is an unparalleled development advantage: the sale includes redevelopment plans for a new cottage, 2-slip boathouse, and coach house. Grandfathered setbacks, an oversized septic already installed, and a development-ready lot ensure the most demanding prerequisites have been met. Ten minutes to Bala. Walking distance to Torrance. Twenty-four minutes to Port Carling. Easy year-round access.
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Key Features
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Property Details
Parking & Garage
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Features
Property Features
Waterfront, Lake/Pond
Interior Features
None
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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 1221 East Bay Road 6, Muskoka Lakes, ON P0C 1M0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Muskoka Lakes, ON
For a property listed at $1,895,000 in Muskoka Lakes, the legal minimum down payment is $379,000 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 $34,375 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 $34,375.
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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.