$4,399,000
Muskoka Lakes
1216 Hamills Point Road, Muskoka Lakes (Medora), Ontario, P0B1J0
This 4-bedroom, 2-bathroom home in Muskoka Lakes is for sale offering roughly 1,300 sq ft of space. It has been on the market 87 days, fresher than the Muskoka Lakes average of 94 days.
Welcome to an extraordinary opportunity on prestigious Lake Joseph, where timeless Muskoka charm meets one of the region's most coveted waterfront settings. Boasting 200 feet of prime south-facing shoreline, this exceptional four-season retreat captures breathtaking panoramic views and features a private sandy beach, offering an unparalleled lakeside lifestyle in one of Canada's most exclusive destinations. Offering approximately 2,500 square feet of living space across two levels, the cottage features four spacious bedrooms, two full bathrooms, a bright walk-out lower level, and inviting living spaces designed for both relaxing weekends and unforgettable gatherings. The open dining area extends effortlessly onto an expansive waterfront deck, creating the perfect backdrop for entertaining, dining al fresco, or simply taking in the beauty of Lake Joseph. Thoughtfully maintained and extensively improved, the property features new upper and lower-level bathrooms, a new washer and dryer, new kitchen vinyl flooring, a new dishwasher, and a water filtration system, allowing you to enjoy the cottage from day one. The current owner has also invested over $600,000 into the permanent oversized grandfathered Deckorators Voyage composite dock-an incredibly rare and valuable feature on Lake Joseph that enhances both the property's legacy and long-term appeal. Whether you envision enjoying the cottage exactly as it is, creating a beautifully renovated retreat, or designing a custom luxury waterfront estate, this remarkable property offers endless potential. With the possibility of a two-slip boathouse (subject to approvals) and convenient year-round access via a municipally maintained road, opportunities like this are becoming increasingly rare.A true South Lake Joseph offering, this is your chance to own an exceptional piece of Muskoka waterfront and create a legacy property that will be enjoyed for generations. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 87 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 87 days, which is 7 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 $4,399,000, about 48.9× the local median household income of $90,000.
Carrying it typically needs a household income of about $859,279 (20% down, 25-yr amortization, stress-tested) — roughly 855% 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.