7 Ferndale Road, Muskoka Lakes, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Medora. Expertly crafted featuring premium stone and wood construction, this residence presents an exceptional opportunity offered at $439,000 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 211 x 62 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Other
- Efficient baseboard heating via electric
Description
Welcome to this charming three-bedroom bungalow ideally located off Ferndale Road in the heart of the village of Port Carling. Just a five-minute walk to downtown, this home offers convenience in a peaceful setting within one of Muskoka's most sought-after towns.Set on level land, this property is ideal for easy everyday living and outdoor enjoyment. Inside, a functional layout is complemented by a full basement, offering ample storage or potential for additional living space. An attached garage enhances the home's functionality and everyday comfort.A fantastic opportunity for first-time buyers or those seeking a forever home, ideally located close to all that Port Carling has to offer-shops, dining, and waterfront access just minutes from your door.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 7 Ferndale Road, Muskoka Lakes, ON P0B 1J0
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About Purchasing a Home in Muskoka Lakes, ON
For a property listed at $439,000 in Muskoka Lakes, the legal minimum down payment is $21,950 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 $5,255 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 $5,255.
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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.