$449,999
Muskoka Lakes
1219 MEDORA LAKE Road, Muskoka Lakes (Medora), Ontario, P0C1A0
This 2-bedroom, 1-bathroom home in Muskoka Lakes is for sale offering roughly 350 sq ft of space. It has been on the market 23 days, fresher than the Muskoka Lakes average of 94 days.
Welcome to this beautiful approximately 2-acre lot ideally located between Bala and Port Carling, the heart of Muskoka. Offering dry, level land on a year-round municipal road, this property presents an exceptional opportunity to create your family retreat or build your dream home. Zoned RUR, the property permits a variety of uses offering flexibility for your vision. The lot is well-treed with a mix of mature species of trees, providing both privacy and a picturesque natural setting. Clearing has been developed with a permitted driveway installed and a cleared area ready for your future build, should you choose to expand and develop the property further. Adding even more value, the property is equipped with an existing cabin* and several outbuildings ideal for overflow or storage. A drilled well is now in place, and hydro is connected at the property, making this property even more ready for development. Outdoor enthusiasts will appreciate the location - close to the cranberry marsh, skating trails, and close by Crown land for hunting. With the snowmobile trails less than a kilometre away for year-round adventure, there are so many possibilities for this property. Enjoy the tranquility of Muskoka living while being just minutes from the shops, restaurants, and amenities of both Bala and Port Carling. Whether you're looking to build now or invest for the future, 1219 Medora Lake Road offers location, flexibility, and opportunity all in one. Call to discuss the structures, permit statuses, development, and work order process and status of the property with the Township of Muskoka Lakes. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 23 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 2-bed single family in Muskoka Lakes (Medora) has been listed for 23 days, which is 71 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 $449,999, about 5.7× the local median household income of $78,500.
Carrying it typically needs a household income of about $87,901 (20% down, 25-yr amortization, stress-tested) — roughly 12% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0C)
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