$1,199,000

For sale

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1019 Old Bala Road, Muskoka Lakes (Wood (Muskoka Lakes)) - Single Family for Sale

1019 Old Bala Road, Muskoka Lakes (Wood (Muskoka Lakes)), Ontario, P0C1A0

3 beds1 bath5 parking ft²

9 Severn River 403, Muskoka Lakes (Wood (Muskoka Lakes)), Ontario, P0C1M0

2 bd1 ba900 ft²Lot size 220 × 574 ft (2.89 acres)

Listed by Century 21 B.J. Roth Realty Ltd.

1025 Section House Road, Muskoka Lakes (Wood (Muskoka Lakes)), Ontario, P0C1M0

For sale

20 days ago

$1.15M

1025 Section House Road, Muskoka Lakes (Wood (Muskoka Lakes)), Ontario, P0C1M0

4 bd2 ba6 pk1,750 ft²Lot size 49 × 224 ft (10,952 sq ft)

Listed by RE/MAX Professionals North

1039 Ann Street, Muskoka Lakes (Wood (Muskoka Lakes)), Ontario, P1P1R2

For sale

30 days ago

$1.18M

1039 Ann Street, Muskoka Lakes (Wood (Muskoka Lakes)), Ontario, P1P1R2

2 bd1 ba4 pk900 ft²Lot size 123 × 258 ft (31,734 sq ft)

Listed by Re/Max Professionals North

1035 Breezy Point Road, Muskoka Lakes (Wood (Muskoka Lakes)), Ontario, P0C1M0

For sale

36 days ago

$2.90M

1035 Breezy Point Road, Muskoka Lakes (Wood (Muskoka Lakes)), Ontario, P0C1M0

9 bd9 ba10 pk4,250 ft²Lot size 1319 × 3795 ft (114.91 acres)

Listed by Royal LePage Lakes Of Muskoka - Clarke Muskoka Realty

Investment analysis

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$1,199,000

Muskoka Lakes

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Overview

This 3-bedroom, 1-bathroom home in Muskoka Lakes is for sale offering roughly 1,300 sq ft of space. Its $1,199,000 asking price sits right in line with the $1,149,000 median in Muskoka Lakes.

Houses for Sale in Muskoka Lakes →All real estate in Muskoka Lakes →

Description

Enjoy the magic of Muskoka year round in this charming, fully winterized three bedroom waterfront home. This offering is essentially turnkey with open concept living with many recent upgrades and spacious primary suite addition to the dwelling. Wood flooring throughout and wood burning stove in Great Room. Spacious Muskoka Room for extended seasonal use and entertaining. Stainless appliances. Quiet protected bay just mere minutes to Bala. A rare and affordable opportunity on Lake Muskoka. Ready for immediate occupancy! (id:66096)

Property Details

MLS®: X13127506
Property Type: Single Family
Zoning: WR6-R
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 5
Interior Size: 1,300 ft²
Storeys: 1
Style: Bungalow
Basement: Crawl space
Heating: Forced air, Propane
Cooling: None
Garage: No Garage
Fireplace: Yes
Waterfront: Yes
Ownership: Freehold
Property Tax: $4,232/yr
Listed: 176 days ago

Rooms

Ground level

Bedroom: 3.47 x 4.12 meters
Bedroom 2: 4.14 x 3.64 meters
Bedroom 3: 2.86 x 2.36 meters
Living room: 4.98 x 4.39 meters
Kitchen: 7.37 x 3.36 meters
Dining room: 4.39 x 3.64 meters
Foyer: 4.05 x 2.81 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Oven - Built-In
Flooring: Hardwood
Foundation: Block
Exterior: Wood
Lot Features: Hillside, Irregular lot size

Services

Water: Lake/River Water Intake
Sewer: Septic System
Utilities: Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

176d

Muskoka Lakes (Wood (Muskoka Lakes)) listings, avg age

112d

Price / ft²

$922

List price

$1.20M

Homes here sell below asking price

Homes in this market sold for an average of 93.8 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Muskoka Lakes (Wood (Muskoka Lakes)) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by Chestnut Park Real Estate · MARILYN MANNION

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0C)

This home lists at $1,199,000, about 15.3× the local median household income of $78,500.

Carrying it typically needs a household income of about $234,207 (20% down, 25-yr amortization, stress-tested) — roughly 198% above the area median.

Median household income: $78,500
Population: 4,824
Median age: 56.8
Owner / renter: 88% / 12%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA P0C)

$1,199,000· $922/ft²

For sale

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Full Cost Breakdown

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Down Payment7.91% · $94,900

Min 7.91%50%

Mortgage payment$6,121/mo

↳ CMHC premium ($44,164 capitalized)

Property tax (est.)$353/mo

Total monthly$6,474

Cash Needed to Close

Down payment (7.91%)$94,900

Land transfer tax$20,455

Est. closing costs$6,097

Total cash needed$121,452

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