3876 Muskoka Rd 118 Highway West, Muskoka Lakes (Medora), Ontario, P0B1J0

For sale

59 days ago

$179K

3876 Muskoka Rd 118 Highway West, Muskoka Lakes (Medora), Ontario, P0B1J0

3 bd4 ba2 pk2,125 ft²+$1323/mo

Listed by Bracebridge Realty

For sale

65 days ago

$95K

3876 Muskoka Rd 118 Highway West, Muskoka Lakes (Medora), Ontario, P0B1J0

3 bd4 ba2 pk2,125 ft²+$905/mo

Listed by Bracebridge Realty

For sale

97 days ago

$87K

3876 Muskoka Rd 118 Highway West, Muskoka Lakes (Medora), Ontario, P0B1J0

3 bd3 ba2 pk+$768/mo

Listed by Bracebridge Realty

#39 2054 Peninsula Road, Muskoka Lakes (Medora), Ontario, P0B1G0

For sale

107 days ago

$750K

#39 2054 Peninsula Road, Muskoka Lakes (Medora), Ontario, P0B1G0

4 bd3 ba2 pk2,125 ft²+$1224/mo

Listed by The Agency

Investment analysis

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$89,880

Muskoka Lakes

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$89,880

For sale

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3876 Muskoka Rd 118 Highway West, Muskoka Lakes (Medora) - Single Family for Sale

3876 Muskoka Rd 118 Highway West, Muskoka Lakes (Medora), Ontario, P0B1J0

3 beds3 baths2 parking1,700 ft²$7,853/mo condo feeListed 87 days ago

Overview

This 3-bedroom, 3-bathroom condo in Muskoka Lakes is for sale offering roughly 1,700 sq ft of space. Listed at $89,880, it is attractively priced about 5% below the $95,000 median asking price in Muskoka Lakes. It has been on the market 87 days, fresher than the Muskoka Lakes average of 94 days.

Condos for Sale in Muskoka Lakes →All real estate in Muskoka Lakes →

Description

Enjoy effortless cottage living at The Muskokan Resort Club on the shores of beautiful Lake Joseph. Carling 4 is a spacious three-bedroom, three-bathroom villa offering an open-concept kitchen, dining and living area, a cozy Muskoka Room, and a large deck with covered porches overlooking the lake. This 1/10 fractional ownership provides five weeks of use each year, including a highly desirable August summer week. Fully furnished and turnkey, the villa makes it easy to arrive and immediately enjoy everything Muskoka has to offer. Owners have access to an excellent selection of resort amenities, including a natural sand beach, outdoor pool, tennis and basketball courts, fitness centre, sauna, playground and more. The resort is conveniently located between Bala and Port Carling, putting dining, shopping and local attractions within easy reach. Carling 4 is also pet friendly, making this an excellent opportunity to enjoy Lake Joseph cottage life with the whole family-four-legged members included. (id:66096)

Property Details

MLS®: X13659694
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Parking: 2
Interior Size: 1,700 ft²
Storeys: 2
Basement: Unfinished, N/A
Heating: Forced air, Propane
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Waterfront: Yes
Condo Fee: $7,853/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata

Features

Exterior: Vinyl siding
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

87d

Muskoka Lakes (Medora) listings, avg age

94d

Price / ft²

$53

List price

$90K

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 3-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.

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Listed by Bracebridge Realty · LEA REPRICH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0B)

This home lists at $89,880, about 1.0× the local median household income of $90,000.

Carrying it typically needs a household income of about $17,557 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$89,880· $53/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $4,494

Min 5%50%

Mortgage payment$473/mo

↳ CMHC premium ($3,415 capitalized)

Est. property tax$0/mo

Condo fee$7,853/mo

Total monthly$8,327

Cash Needed to Close

Down payment (5%)$4,494

Land transfer tax$624

Est. closing costs$2,770

Total cash needed$7,888

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