$1,100,000
Muskoka Lakes
38 Joseph Street, Muskoka Lakes (Medora), Ontario, P0B1J0
This 4-bedroom, 2-bathroom home in Muskoka Lakes is for sale offering roughly 900 sq ft of space. Listed at $1,100,000, it is attractively priced about 24% below the $1,449,000 median asking price in Muskoka Lakes. It has been on the market 8 days, fresher than the Muskoka Lakes average of 93 days.
Discover an exceptional opportunity to enjoy waterfront living in the heart of Port Carling. Beautifully renovated, this four-bedroom, two-bathroom home on Silver Lake combines the charm of Muskoka cottage life with the convenience of being just steps from the village's shops, restaurants and amenities.Designed for relaxed, year-round enjoyment, the home features inviting living spaces, a fireplace and a walkout lower level providing easy access to the outdoors. Whether entertaining family and friends or enjoying a quiet weekend escape, the layout offers comfort and flexibility.The waterfront is a highlight, with approximately 97 feet of shoreline, a dock, a small sandy beach area and excellent swimming. Spend summer afternoons on the water, gather around the lakeside firepit as the sun sets, or enjoy outdoor dining and barbecues in the seating area near the house. Beautiful sunset views provide a memorable backdrop to everyday living.Ideally situated on Port Carling's main street, the property offers the freedom to leave the car behind and explore the village on foot. Its central location, four-bedroom accommodation and waterfront amenities also present an appealing opportunity for buyers seeking an investment property with potential rental income, subject to applicable regulations.Whether envisioned as a full-time residence, a weekend retreat or an income-producing investment, 38 Joseph Street offers a versatile Muskoka lifestyle in a highly desirable village setting. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 8 days on market, against an average age of 93 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 8 days, which is 85 days fresher than the city average of 93. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,100,000, about 12.2× the local median household income of $90,000.
Carrying it typically needs a household income of about $214,869 (20% down, 25-yr amortization, stress-tested) — roughly 139% 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.