$929,000
Lake of Bays
3650 Muskoka Road 117, 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. Listed at $929,000, it is attractively priced about 7% below the $999,500 median asking price in Lake of Bays. It has been on the market 0 days, fresher than the Lake of Bays average of 83 days.
Carved out of the woods of Muskoka is a two storey three bedroom home located just a short walk or drive to a boat launch and sand beach on Lake of Bays and moments from snowmobile trails. The house is the perfect mix of country charm and modern necessity and has been meticulously maintained. A dedicated mud room leads to the main living space featuring cathedral ceilings and a two-storey airtight fireplace. The dining area has floor to ceiling windows looking out to an idyllic backyard, granite patio and the forest beyond. The kitchen features a large centre island, quartz counters, custom Bateman cupboards, under cabinet lighting, and stainless LG appliances including a true double oven (with purple interior). The bathroom features custom shower and cabinets. But the showcase is the three season timber frame sunroom, where you will definitely spend most of your time. The second floor has a family room overlooking the living room below, plus three bedrooms and 2pc bath. This level features 100-year-old White Oak flooring and a full-length cedar balcony along the rear of the home. A drop-down staircase leads to a third storey, full height attic space. Outside there so much more. Attached 1.5 car garage has built-in air compressor and work benches. Lean-to, storage shed, covered wood storage, Shelter Logic garage - all located off the driveway plus large Shelter Logic on a foundation along the other side of the property. A backyard bunkie has living space on the main floor and queen-sized bed in the loft. Two more storage buildings and a fire pit complete the package. There is so much room to spread out, the property feels much larger than 3.5 acres. Home is heated by a forced air propane furnace plus the option of the airtight fireplace or Napoleon wood stove in the kitchen. New electrical panel and a full home Generac generator installed in 2023. Water system in 2024. There is nothing left to do but move in and enjoy. (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 0 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 3-bed single family in Lake of Bays (Ridout) has been listed for 0 days, which is 83 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 $929,000, about 10.3× the local median household income of $90,000.
Carrying it typically needs a household income of about $181,466 (20% down, 25-yr amortization, stress-tested) — roughly 102% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0B)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.