88 JOSEPH Street, Muskoka Lakes, ON

$895,000
MLS#:X10437522
2 beds
1 baths
1100-1500 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 8, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Medora. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $895,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 1100-1500 sqft
  • Features a walk-up, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • equipped with window unit(s) central cooling and highly efficient forced air heating via oil

Description

**Charming Waterfront Home in the Heart of Port Carling** Discover this delightful 2-bedroom, 1-bathroom year-round home with direct access to the scenic Indian River/Lake Rosseau. Located in the heart of Port Carling, this property offers the best of both worlds—small-town charm with the convenience of being steps away from shops, restaurants, and amenities. Enjoy breathtaking water views from your living room, and relax on your private dock just outside your door. With boating access to the Big Three Lakes—Lake Muskoka, Lake Rosseau, and Lake Joseph—you'll have endless opportunities to explore the area's stunning waterways. Whether you're looking for a cozy cottage retreat, a permanent residence, or the perfect in-town launch for island living, this home offers endless possibilities. Don’t miss out on this unique opportunity to own a piece of Port Carling’s vibrant waterfront community!

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Property Summary

This detached home located at 88 JOSEPH Street, Muskoka Lakes is currently for sale and has been available on SousaSells for 726 days. This property is listed at $895,000 with an estimated mortgage of $2,979* per month. It has 2 beds, 1 bathroom, and is 1100-1500 square feet. 88 JOSEPH Street, Muskoka Lakes is in the Medora neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Medora, Muskoka Lakes.

Great for Small Household / Couples
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • 1100-1500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date8/7/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionVinyl Siding
BasementWalk-Up, Unfinished
CountyMuskoka
Annual Tax$2,098
Legal DescriptionPT LT 108 PL; PORT CARLING AS IN DM243917; 71WDM243917; S/T INTEREST IN DM243917; MUSKOKA LAKES

Parking & Garage

Parking Total6.0
Parking Space4
Garage TypeAttached

Heating & Cooling

Heat SourceOil
Heat TypeForced Air
CoolingWindow Unit(s)

Features

Property Features

None listed

Interior Features

None listed

Security Features

  • None

Community Features

None listed

Frequently Asked Questions about 88 JOSEPH Street, Muskoka Lakes, ON

Q.What is the asking price for 88 JOSEPH Street, Muskoka Lakes, ON ?

The current listing price for 88 JOSEPH Street, Muskoka Lakes, ON in Medora, Muskoka Lakes is $895,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 1 bathroom across approximately 1100-1500 sqft.

Q.What property type and architectural style is 88 JOSEPH Street, Muskoka Lakes, ON ?

88 JOSEPH Street, Muskoka Lakes, ON is a Detached (1 1/2 Storey) featuring a Walk-Up, Unfinished basement.

Q.What security features are installed at 88 JOSEPH Street, Muskoka Lakes, ON ?

Security features include: None.

Q.Is parking available at this property?

Yes, this property offers parking space for 6.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Oil and cooling via Window Unit(s).

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Location

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88 JOSEPH Street, 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 88 JOSEPH Street, Muskoka Lakes, ON P0B 1J0

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.

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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 Rate4.00%
Down Payment$268,500 (30.0%)
* Minimum Canadian down payment required for this price is $64,500.
Amortization Period30 Years
Estimated Monthly Payment$2,979Based on a loan of $626,500 over 30 years.
Purchase Price$895,000
Loan Amount$626,500
Provincial Land Transfer Tax:$14,375
Total Estimated Closing Taxes:$14,375

About Purchasing a Home in Muskoka Lakes, ON

For a property listed at $895,000 in Muskoka Lakes, the legal minimum down payment is $64,500 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 $14,375 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 $14,375.

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Medora, Muskoka Lakes Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$2,836,640

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%

Best Schools in Medora, Muskoka Lakes

Elementary Schools

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Secondary Schools

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Medora, Muskoka Lakes Demographic Home information

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.