$1,500,000
Lake of Bays
1269 Ril Lake Road South, Lake of Bays (Ridout), Ontario, P0B1A0
This 3-bedroom, 2-bathroom home in Lake of Bays is for sale offering roughly 2,250 sq ft of space. It has been on the market 13 days, fresher than the Lake of Bays average of 81 days.
YOUR PRIVATE MUSKOKA WATERFRONT RETREAT AWAITS! Welcome to an exceptional opportunity on the peaceful shores of Ril Lake in Lake of Bays. Set on approximately 6 acres of private, treed property with an impressive 400 feet of waterfront, this new bungalow offers breathtaking lake views, a tranquil natural setting, and the opportunity to create your dream Muskoka escape. Offering approximately 2,142 sq. ft. of main-floor living space, this open-concept home features 3 bedrooms, 2 bathrooms, and expansive windows that fill the living space with natural light while showcasing the surrounding landscape. The kitchen, bathrooms, and flooring are already in place, while the insulated concrete form (ICF) construction provides a solid foundation for this impressive waterfront property. The full walkout basement offers exciting potential for additional living space, with rough-ins already in place. Essential services include a drilled well, septic system, propane forced-air heating, 200-amp electrical service, and on-demand hot water. Outside, enjoy a spacious circular driveway, a large open area surrounded by mature trees, and direct access to the beauty of Ril Lake. Multiple large decks done to enjoy all the outdoors has to offer. .Enjoy the best of Muskoka living with year-round municipal road access and a short drive to the charming village of Baysville. Whether you're looking for a waterfront family retreat, a four-season getaway, or a private lakeside residence, this property offers a rare combination of acreage, shoreline, property and privacy. *Some photos are virtually staged. (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.
Active: 13 days on market, against an average age of 81 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 61 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 3-bed single family in Lake of Bays (Ridout) has been listed for 13 days, which is 68 days fresher than the city average of 81. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,500,000, about 16.7× the local median household income of $90,000.
Carrying it typically needs a household income of about $293,003 (20% down, 25-yr amortization, stress-tested) — roughly 226% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0B)
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