1241 EAST BAY Road, Muskoka Lakes, ON

$699,900
MLS#:X12299366
4 beds
2 baths
1100-1500 sqft
8.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 7, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Wood (Muskoka Lakes). Expertly crafted featuring premium concrete and wood construction, this residence presents an exceptional opportunity offered at $699,900 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.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a spacious lot (Feet)
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Propane Tank, Water Treatment, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Escape to the tranquility of Muskoka with this tastefully renovated 2-bedroom, 2-bathroom family home set on a private and scenic 2.57-acre lot just minutes from the renowned Torrance Barrens Dark-Sky Preserve. Ideal for year-round living or a peaceful country retreat, this property offers modern upgrades, ample space, and a strong connection to nature. Recent upgrades include a brand-new septic system (approved for up to 4 bedrooms), new RHEEM high-efficiency propane furnace, whole-home 20 KW backup generator & transfer switch, and a fully renovated basement - perfect for extra living space, a media room, or guest suite. Enjoy peace of mind with a drilled well and dependable utilities in place. Outdoors, the possibilities are endless. A heated detached workshop provides space for hobbies, storage, or a home-based business. Surrounded by mature trees and open sky, the property offers privacy, stargazing opportunities, and endless natural beauty. Located on a quiet year-round road with easy access to trails, lakes, and the charming village of Torrance, this turn-key home is the perfect blend of rural serenity and modern comfort.

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Property Summary

This detached home located at 1241 EAST BAY Road, Muskoka Lakes is currently for sale and has been available on SousaSells for 377 days. This property is listed at $699,900 with an estimated mortgage of $2,330* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 1241 EAST BAY Road, Muskoka Lakes is in the Wood (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 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Wood (Muskoka Lakes), Muskoka Lakes.

Highly Recommended for Families
What We Love About This Home
  • 4 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1100-1500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Wood (Muskoka Lakes), Muskoka Lakes.

Target Buyer Match

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 22, 2025
Sold price information is available to members only
Listed Date7/22/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionConcrete, Wood
BasementFinished, Full
CountyMuskoka
Annual Tax$1,532.99
Legal DescriptionPT LT 24 CON 5 WOOD PT 2, 35R19184; MUSKOKA LAKES

Parking & Garage

Parking Total8.0
Parking Space8
Garage TypeDetached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Golf

Interior Features

  • Propane Tank
  • Water Treatment
  • Water Heater Owned

Security Features

  • Alarm System

Community Features

None listed

Frequently Asked Questions about 1241 EAST BAY Road, Muskoka Lakes, ON

Q.What is the asking price for 1241 EAST BAY Road, Muskoka Lakes, ON ?

The current listing price for 1241 EAST BAY Road, Muskoka Lakes, ON in Wood (Muskoka Lakes), Muskoka Lakes is $699,900.

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

This property features 4 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.

Q.What property type and architectural style is 1241 EAST BAY Road, Muskoka Lakes, ON ?

1241 EAST BAY Road, Muskoka Lakes, ON is a Detached (Bungalow-Raised) featuring a Finished, Full basement.

Q.What key property features does 1241 EAST BAY Road, Muskoka Lakes, ON offer?

Key property features include: Golf.

Q.What interior features are included in this home?

Interior highlights include: Propane Tank, Water Treatment, Water Heater Owned.

Q.What security features are installed at 1241 EAST BAY Road, Muskoka Lakes, ON ?

Security features include: Alarm System.

Q.Is parking available at this property?

Yes, this property offers parking space for 8.0 vehicles (Detached).

Q.What heating and cooling systems are installed?

Heating is provided via Propane and cooling via Central Air.

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Location

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1241 EAST 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 1241 EAST BAY Road, Muskoka Lakes, ON P0C 1M0

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$209,970 (30.0%)
* Minimum Canadian down payment required for this price is $44,990.
Amortization Period30 Years
Estimated Monthly Payment$2,330Based on a loan of $489,930 over 30 years.
Purchase Price$699,900
Loan Amount$489,930
Provincial Land Transfer Tax:$10,473
Total Estimated Closing Taxes:$10,473

About Purchasing a Home in Muskoka Lakes, ON

For a property listed at $699,900 in Muskoka Lakes, the legal minimum down payment is $44,990 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 $10,473 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 $10,473.

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Wood (Muskoka Lakes), Muskoka Lakes Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$2,810,126

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 Wood (Muskoka Lakes), Muskoka Lakes

Elementary Schools

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Secondary Schools

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Wood (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.