This property was sold on November 7, 2025. This listing is for reference purposes only. to view the sold price.
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.
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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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.Yes! Featuring 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Wood (Muskoka Lakes), Muskoka Lakes.
Growing families needing multi-bedroom flexibility and space in Wood (Muskoka Lakes), Muskoka Lakes.
None listed
The current listing price for 1241 EAST BAY Road, Muskoka Lakes, ON in Wood (Muskoka Lakes), Muskoka Lakes is $699,900.
This property features 4 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.
1241 EAST BAY Road, Muskoka Lakes, ON is a Detached (Bungalow-Raised) featuring a Finished, Full basement.
Key property features include: Golf.
Interior highlights include: Propane Tank, Water Treatment, Water Heater Owned.
Security features include: Alarm System.
Yes, this property offers parking space for 8.0 vehicles (Detached).
Heating is provided via Propane and cooling via Central Air.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1241 EAST BAY Road, Muskoka Lakes, ON P0C 1M0
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 $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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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.