$9,950,000
Muskoka Lakes
1097 Armstrong Point Road, Muskoka Lakes (Medora), Ontario, P0B1J0
This 4-bedroom, 5-bathroom home in Muskoka Lakes is for sale offering roughly 2,750 sq ft of space. It has been on the market 91 days, fresher than the Muskoka Lakes average of 94 days.
Experience the quintessential Muskoka lifestyle on coveted Lake Rosseau. This compound-sized property is walking distance from all that Port Carling has to offer. Spanning 2.49 acres with 476 feet of prime westerly facing shoreline in a quiet bay, this exceptional property offers the perfect blend of privacy, modern convenience, and future potential. A major highlight is the state-of-the-art 3-slip boathouse (the largest allowable size). It features deep water dock, magical sunset exposure, with a gentle path to a hard packed sand beach offering easy entry for effortless swimming. A lower area with 2-piece bath, kitchenette, and expansive indoor/outdoor lower deck space perfect for lakeside entertaining by the waters edge. No expenses spared- sure to impress! Above the boathouse is a spectacular 4 season 650 sq ft living space complete with a bedroom, 3-piece bath, Kitchenette, Laundry and an expansive partly covered upper deck offering breathtaking, elevated open-water sunset and sunrise views. The property also features a lightly renovated 3-bedroom, 2.5-bath cottage radiating nostalgic warmth with its original large fireplace, hand-hewn timbers, and classic old-school Muskoka feel. New, gently graded gravel paths connect the cottage to the boathouse-with no steps to navigate-and are magically lit at night. Steps away is an additional one room Bunkie with 3pc bath providing additional sleeping quarters. Extensive infrastructure updates for future development have already been completed, including an updated full size septic system (to support a new cottage), an oversized backup generator, an in-ground sprinkler system, a new private driveway entrance, and stunning gravel pathways throughout the grounds-all designed with future growth needs in mind. Whether you choose to cherish the nostalgic cottage or bring your architectural vision to life on one of Lake Rosseau's finest shorelines, this turn-key waterfront setting is ready for your family's next chapter. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 91 days on market, against an average age of 94 days across the listings currently for sale in this city
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.
This 4-bed single family in Muskoka Lakes (Medora) has been listed for 91 days, which is 3 days fresher than the city average of 94. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $9,950,000, about 110.6× the local median household income of $90,000.
Carrying it typically needs a household income of about $1,943,583 (20% down, 25-yr amortization, stress-tested) — roughly 2060% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0B)
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