$750,000

For sale

1039 Wonder Beach Road, Muskoka Lakes (Watt) - Single Family for Sale

1039 Wonder Beach Road, Muskoka Lakes (Watt), Ontario, P0B1M0

5 beds3 baths10 parking1,750 ft²136 × 176 ft (23,848 sq ft) lot sizeListed 40 days ago

Overview

This 5-bedroom, 3-bathroom home in Muskoka Lakes is for sale offering roughly 1,750 sq ft of space. Listed at $750,000, it is attractively priced about 12% below the $849,999 median asking price in Muskoka Lakes. It has been on the market 40 days, fresher than the Muskoka Lakes average of 83 days.

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Description

A rarely offered waterfront property featuring three separate cottages - perfect for multi-generational family living or as a proven income property with strong Airbnb potential. A beautiful boardwalk through nature to your dock and a hard-packed sandy beach, leading to a shallow shoreline ideal for swimming, set against stunning sunset views on a flat, grassy lot. Surrounded by nature and wildlife, this peaceful escape offers charming, amenity-filled cottages with a proven rental history from May to October. Whether you're looking for a family compound or an investment property, opportunities like this - three cottages, one property - are hard to find. Book your private showing today - waterfront opportunities like this don't last. (id:66096)

Property Details

MLS®: X13826030
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 3
Parking: 10
Interior Size: 1,750 ft²
Lot Size: 136 × 176 ft (23,848 sq ft)
Frontage: 136 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Electric, Other
Cooling: None
Garage: No Garage
Fireplace: Yes
Waterfront: Yes
Ownership

Features

Foundation: Block
Exterior: Wood
Lot Features: Level lot, Wooded area, Irregular lot size, Flat site, Wetlands, Wheelchair access, Level, Marsh

Services

Water: Dug Well
Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

40d

Muskoka Lakes (Watt) listings, avg age

83d

Price / ft²

$429

List price

$750K

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 5-bed single family in Muskoka Lakes (Watt) has been listed for 40 days, which is 43 days fresher than the city average of 83. Act while there is still low competition.

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Listed by EXP REALTY · ANDREW COX

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0B)

This home lists at $750,000, about 8.3× the local median household income of $90,000.

Carrying it typically needs a household income of about $146,501 (20% down, 25-yr amortization, stress-tested) — roughly 63% above the area median.

Median household income: $90,000
Population: 9,589
Median age: 53.2
Owner / renter: 91% / 9%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA P0B)

$750,000· $429/ft²

For sale

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Full Cost Breakdown

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Down Payment6.67% · $50,000

Min 6.67%50%

Mortgage payment$3,881/mo

↳ CMHC premium ($28,000 capitalized)

Property tax (est.)$169/mo

Total monthly$4,050

Cash Needed to Close

Down payment (6.67%)$50,000

Land transfer tax$11,475

Est. closing costs$4,750

Total cash needed$66,225

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

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