1357 Russ Hammell Road, Muskoka Lakes, ON

$674,900
MLS#:X13523068
3 beds
1 baths
< 700 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Watt. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $674,900 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.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning < 700 sqft on a premium 84 x 267 ft lot
  • Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Water Heater Owned, Water Treatment, Primary Bedroom - Main Floor
  • Efficient baseboard heating via electric

Description

Turn-key, 3 season family cottage on popular Three Mile Lake! Cherished by the original family for 50 years, this charming property sits on a gorgeous, level "park-like" lot just steps from a natural sandy shoreline with a shallow entry-perfect for families. Enjoy breathtaking, west-facing sunset views over Hammell's Bay through a soaring wall of windows in the bright, open-concept living area. Features 3 bedrooms, a 2pc bath, plus a separate lower-level shower room. The screened dining room walks out to a full-width deck with a sun awning for effortless outdoor living. Includes a full concrete block basement for excellent storage, a detached 12'x16' storage shed/garage, a drilled well, and a recently updated septic bed. Located under 2.5 hours from the GTA and minutes to Windermere, Port Carling, and prestigious golf courses. Large, flat backyard is ideal for summer games. Ready to enjoy this season with most furnishings included! Cottage itself offers potential for 4 season use as it does have baseboard heaters and a woodstove (not WETT certified) however the road access is only open during the summer currently.

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Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/4/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionWood
BasementFull
Lot Size84 × 267 Feet
CountyMuskoka
Annual Tax$2,374.77
Legal DescriptionPT LT 12 CON 9 WATT AS IN DM102843; MUSKOKA LAKES

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

Beach, Clear View, Level, Waterfront

Interior Features

Water Heater Owned, Water Treatment, Primary Bedroom - Main Floor

Security Features

Community Features

Location

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1357 Russ Hammell 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 1357 Russ Hammell Road, Muskoka Lakes, ON P0B 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.

Market Trend
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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 Rate5.25%
Down Payment$42,490 (6.3%)
* Minimum Canadian down payment required for this price is $42,490.
Amortization Period25 Years
Estimated Monthly Payment$3,769Based on a loan of $632,410 over 25 years.
Purchase Price$674,900
Loan Amount$632,410
Provincial Land Transfer Tax:$9,973
Total Estimated Closing Taxes:$9,973

About Purchasing a Home in Muskoka Lakes, ON

For a property listed at $674,900 in Muskoka Lakes, the legal minimum down payment is $42,490 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 $9,973 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 $9,973.

Nearby Listings

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,120,756

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%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

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.