$2,250,000

$2,499,000For salePrice drop↓ $249,000 (10%)

#3 1041 Kells Bay Road, Lake of Bays (Sinclair) - Single Family for Sale

#3 1041 Kells Bay Road, Lake of Bays (Sinclair), Ontario, P1H2J6

4 beds4 baths12 parking2,750 ft²477 × 523 ft (5.72 acres) lot sizeListed 55 days ago

Overview

This 4-bedroom, 4-bathroom home in Lake of Bays is for sale offering roughly 2,750 sq ft of space. It has been on the market 55 days, fresher than the Lake of Bays average of 91 days.

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Description

A one-of-a-kind offering on sought-after Rebecca Lake. Set on an impressive, level 4-acre double lot with 477 feet of beautiful shoreline, with natural waterfront & sandy beach areas, this distinguished 4-bedrm, 4-bathrm residence combines exceptional privacy, quality craftsmanship and modern comfort in a remarkable Muskoka setting. Built by True North Log & Timber, the home celebrates the warmth & character of log construction while incorporating thoughtful design, quality finishes & modern conveniences. The open-concept layout connects beautifully with the outdoor spaces. A private boat launch provides convenient lake access, while connected Rebecca and Bella Lks offer wonderful exploring. Main-floor primary suite retreat with lake views, vaulted ceilings & fireplace. Upstairs, 3 bedrms & two bathrms provide comfortable accommodation for family & guests. A spectacular family rm is one of the home's standout spaces, featuring vaulted ceilings, hemlock in-floor heating, a dramatic floor-to-ceiling wood-burning fireplace and windows on three sides framing the lake. The living rm combines classic Muskoka character with modern elegance, anchored by an impressive double-sided wood-burning fireplace. A gourmet kitchen provides a welcoming & functional gathering place. Additional features include in-floor heating throughout the main level and upper bathrms. Professional landscaping incorporates flagstone walkways, cedar decking, driveway pavers and gardens that complement the surroundings. Garage with carport, drive-through doors, with an EV charger. Well, maintained & reflecting pride in ownership. A retreat for every season, spend relaxing summer days on the dock, swimming from the sandy beach, playing games on the expansive lawn and boating Rebecca & Bella Lakes, to crisp winter days outdoors followed by cozy evenings by the fire. Most furnishings are included, allowing you to arrive, settle in & begin enjoying this property. (id:66096)

Property Details

MLS®: X13768334
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 1 above · 3 below
Bathrooms: 4
Half Baths: 1
Parking: 12
Interior Size: 2,750 ft²
Lot Size: 477 × 523 ft (5.72 acres)
Frontage: 477 ft
Storeys: 2
Basement: None
Heating: Radiant heat, Electric, Propane, Wood
Cooling: None
Garage: Detached Garage, Garage
Fireplace: Yes
Waterfront: Yes
Ownership

Rooms

Main level

Family room: 4.8 x 4.42 meters
Living room: 5.79 x 6.76 meters
Kitchen: 4.67 x 3.51 meters
Dining room: 4.8 x 3.28 meters
Primary Bedroom: 4.72 x 3.84 meters
Bathroom: 4.62 x 2.82 meters
Bathroom: 2.62 x 1.93 meters

Second level

Bathroom: 2.62 x 2.35 meters
Bathroom: 4.6 x 3.69 meters
Bedroom 2: 3.6 x 2.47 meters

Features

Appliances: All, Water Heater - Tankless, Water Heater
Foundation: Slab
Exterior: Wood
Lot Features: Level lot, Wooded area, Flat site, Trash compactor, Level

Services

Water: Lake/River Water Intake
Sewer: Septic System
Utilities: Telephone, Wireless

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

55d

Lake of Bays (Sinclair) listings, avg age

91d

Price / ft²

$818

List price

$2.25M

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.

Haho

This 4-bed single family in Lake of Bays (Sinclair) has been listed for 55 days, which is 36 days fresher than the city average of 91. Act while there is still low competition.

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Listed by Royal LePage Lakes Of Muskoka Realty · JANE TIDEMAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P1H)

This home lists at $2,250,000, about 27.4× the local median household income of $82,000.

Carrying it typically needs a household income of about $439,504 (20% down, 25-yr amortization, stress-tested) — roughly 436% above the area median.

Median household income: $82,000
Population: 18,099
Median age: 51.2
Owner / renter: 80% / 20%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA P1H)

$2,250,000· $818/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $450,000

Min 20%50%

Mortgage payment$9,596/mo

Property tax (est.)$540/mo

Total monthly$10,135

Cash Needed to Close

Down payment (20%)$450,000

Land transfer tax$42,725

Est. closing costs$9,250

Total cash needed$501,975

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice