Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Monck (Muskoka Lakes). Expertly crafted featuring premium metal/steel siding and wood construction, this residence presents an exceptional opportunity offered at $399,000 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.
Set on a private and beautifully treed 2-acre parcel of land, this 3-bedroom bungalow offers an excellent entry-level opportunity for buyers looking to create value in a peaceful Muskoka setting, just 15 minutes from downtown Bracebridge. The property is surrounded by mature forest and features a fenced area ideal for pets, established gardens, two storage sheds, and a detached garage with workshop space. Inside, the home is fully livable and functional, with a practical layout, one full bath, and a primary bedroom with a walkout to a future deck or patio area. The unfinished walkout basement offers significant future potential for additional living space; buyers should note that water intrusion has occurred during snowmelt and periods of heavy rain and will require remediation, presenting a clear opportunity for improvement and customization. Heated by a newer propane forced-air furnace and priced well below comparable properties, this home is well suited for buyers seeking privacy, land, and the chance to improve and personalize a property over time.
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Fenced Yard, Wooded/Treed
Primary Bedroom - Main Floor
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1465 Falkenburg Road, Muskoka Lakes, ON P1L 1X4
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 $399,000 in Muskoka Lakes, the legal minimum down payment is $19,950 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 $4,460 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 $4,460.
No current listings found in Muskoka Lakes.
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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.