$6,495,000
Lake of Bays
1563 South Portage Road, Lake of Bays (Franklin), Ontario, P1H2J3
This 7-bedroom, 5-bathroom home in Lake of Bays is for sale offering roughly 3,250 sq ft of space. It has been on the market 39 days, fresher than the Lake of Bays average of 212 days.
Some places you visit. Others you arrive at. The moment you pass the stone columns & timber-frame entrance at 1563 South Portage Road, you feel it: this is a custom Lake of Bays Lake House built to be lived in, loved & remembered. Luxurious, never ostentatious.Morning begins with sunrise pouring through two storeys of floor-to-ceiling glass, lighting up a wide panoramic sweep of open water. Coffee in hand on the deck off your main-floor primary suite. The house is still quiet.By midday everyone is at the water. A gentle slope leads past perennial gardens to your hard-packed sandy shoreline, clean & weed-free underfoot, with a like-new single-slip boathouse. Mature trees wrap 1.33 acres in privacy that feels far greater than the frontage suggests. Thanks to the topography, sun lingers on the dock until after 7 p.m. in summer, so the last swim of the day is often the best one.As evening settles in, friends gather on the main level stone terrace, retractable screens down and the fireplace glowing. Later the stories move inside to the great room, where a commanding stone fireplace rises beneath soaring ceilings. A billiard game is under way, the children enjoy a movie on the retractable theatre screen in the walkout lower level family room and music flows through every room.With over 7,000 sq. ft., 7 bedrooms & 7 bathrooms, everyone has their place: a main-floor guest suite with ensuite, three spacious lower-level bedrooms where kids & cousins can spread out, plus a private two-bedroom retreat above the insulated oversized three-car garage. Heated floors, dual furnaces & A/C, a backup generator & fibre internet being installed make it as inviting in January as in July. Offered turnkey & fully furnished.Year-round municipal road access, under 10 minutes to Dwight, 15 to Huntsville & 10 to golf at Deerhurst and ClubLink's Mark O'Meara course. A rare South Portage offering, ready for your family's next chapter in Muskoka. This is one to feel in person. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 39 days on market, against an average age of 212 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 7-bed single family in Lake of Bays (Franklin) has been listed for 39 days, which is 173 days fresher than the city average of 212. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $6,495,000, about 79.2× the local median household income of $82,000.
Carrying it typically needs a household income of about $1,268,701 (20% down, 25-yr amortization, stress-tested) — roughly 1447% above the area median.
Source: Statistics Canada, 2021 Census (FSA P1H)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.