$475,000
Lake of Bays
1257 Paint Lake Road, Lake of Bays (Ridout), Ontario, P0A1E0
This 2-bedroom, 1-bathroom home in Lake of Bays is for sale offering roughly 350 sq ft of space. It has been on the market 55 days, fresher than the Lake of Bays average of 83 days.
Muskoka cottage with private dock and Lake of Bays access. Exceptional value in a sought-afterlocation. Welcome to 1257 Paint Lake Road . An increasingly rare opportunity to own an affordable cottage with real waterfront use on one of Muskoka's most desirable lake systems. This 2-bedroom, 1-bath cottage is ready to enjoy immediately, offering a warm, inviting interior with a WETT-certified wood-burning fireplace and a bright sunroom for added living and sleeping space. Set back from the road with a forested backdrop, it delivers privacy and a relaxed cottage feel. Your 58 feet of owned shoreline just across the road features a clean, sandy-bottom entry and private dock, ideal for swimming, boating, and long summer days on the water. Paint Lake offers direct boating access into Lake of Bays, unlocking extended exploration, waterfront destinations, and full-day adventures. With year-round access on a municipally maintained paved road, plus a drilled well, septic system, and detached garage for storage, this property is both practical and easy to enjoy from day one. In a market where many options are water-access only, vacant land, or priced significantly higher, this property stands out as a smart entry into Muskoka ownership with immediate use and long-term upside. The lot also offers strong potential to expand or build a larger custom two-storey cottage, whether for personal use or as an investment rental, while still enjoying the existing structure today. Opportunities like this are limited. Secure your place in Muskoka paradise now and start making the most of the seasons ahead. If you're looking for a summer retreat, a family gathering place where cherished memories are made, or a property with future upside, this is your opportunity to step into Muskoka cottage living today, with the flexibility to grow into something more. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 55 days on market, against an average age of 83 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 62 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 93.0 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 2-bed single family in Lake of Bays (Ridout) has been listed for 55 days, which is 28 days fresher than the city average of 83. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $475,000, about 7.0× the local median household income of $68,000.
Carrying it typically needs a household income of about $92,784 (20% down, 25-yr amortization, stress-tested) — roughly 36% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0A)
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