1276 East Bay Road, Muskoka Lakes, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Wood (Muskoka Lakes). Offering a sublime balance of structural integrity and modern aesthetic appeal, 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.
- 0 Bedrooms and 0 Bathrooms
- Generous living space spanning < 700 sqft on a premium 1667 x 1794 ft lot
- Notable attributes: None
Description
Endless Possibilities at 1276 East Bay Road, Torrance. Opportunity knocks with this incredible 55+ acre parcel in the heart of Muskoka Lakes. With RU2 zoning, this property offers a wide range of permitted uses, whether you're a contractor, developer, nearby waterfront property owner, or someone dreaming of building a private estate surrounded by nature. The fairly level terrain provides ease of access and a strong foundation for future development or custom home plans. Located in a highly desirable area, you're just minutes from public access to Lake Muskoka, offering all the beauty of waterfront living without the premium price tag. Surrounded by untouched forest, charming year-round homes, and some of the most stunning waterfront properties in Muskoka, this rare offering combines privacy, potential, and a prime location. Whether you're envisioning a family compound, hobby farm, or investment opportunity, this land is your blank canvas. Explore the possibilities and start building your Muskoka dream.
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Key Features
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Property Details
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Features
Property Features
Beach, Lake Backlot, Rec./Commun.Centre, School Bus Route, Wooded/Treed
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 1276 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.
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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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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.