$945,000

For sale

3962 169 Muskoka Road, Muskoka Lakes (Medora) - Single Family for Sale

3962 169 Muskoka Road, Muskoka Lakes (Medora), Ontario, P0B1J0

3 beds1 bath10 parking1,750 ft²836 × 907 ft (17.40 acres) lot sizeListed 37 days ago

Overview

This 3-bedroom, 1-bathroom home in Muskoka Lakes is for sale offering roughly 1,750 sq ft of space. Listed at $945,000, it is attractively priced about 35% below the $1,449,000 median asking price in Muskoka Lakes. It has been on the market 37 days, fresher than the Muskoka Lakes average of 94 days.

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Description

Large private 10 acre property featuring one floor bungalow living with an inground pool and Cabana. The house has a fireplace with a wood insert, 3 sides of decking, is carpet free, the house has been updated, has a large kitchen and dining area with good sized windows. In the full basement there is a wood stove and a drive in garage door to drive your toys into it in and keep them out of the weather. There is a bedroom looking out to the pool area and the primary bedroom looks out to the back yard forest. There is a detached 25x36 shop , garage with level table land around it for lots of storage. The property sits back a couple hundred feet from the road for privacy, and is surrounded by a fully treed lot . The pool area also offers privacy as it has a wood fence around it. Zoning amendment to By-law 87-134 are: a residential dwelling unit, accessory buildings and structures, contractor's yards, service shops, boat repair ships,1 business offices and retail sales accessory thereto. This is a great central location for quick access to the lakes , and local towns of Port Carling , Bala and Gravenhurst. (id:66096)

Property Details

MLS®: X13842014
Property Type: Single Family
Zoning: R3 87-HHHH
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 10
Interior Size: 1,750 ft²
Lot Size: 836 × 907 ft (17.40 acres)
Frontage: 836 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, Full
Heating: Forced air, Propane, Wood
Cooling: None
Garage: Detached Garage, Garage
Fireplace: Yes
Pool

Rooms

Ground level

Bathroom: 4.13 x 6.12 meters
Living room: 8.4 x 4.73 meters
Foyer: 2.97 x 2.2 meters
Dining room: 5.25 x 3.49 meters
Kitchen: 3.49 x 3.47 meters
Primary Bedroom: 4.59 x 3.74 meters
Bedroom 2: 3.51 x 3.25 meters
Bedroom 3: 3.42 x 2.41 meters
Laundry room: 2.38 x 1.5 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Microwave
Foundation: Block
Exterior: Wood
Lot Features: Wooded area, Irregular lot size, Carpet Free

Services

Sewer: Septic System
Utilities: Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

37d

Muskoka Lakes (Medora) listings, avg age

94d

Price / ft²

$540

List price

$945K

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 37 days, which is 57 days fresher than the city average of 94. Act while there is still low competition.

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Listed by Re/Max Professionals North · JOHN BYRNE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0B)

This home lists at $945,000, about 10.5× the local median household income of $90,000.

Carrying it typically needs a household income of about $184,592 (20% down, 25-yr amortization, stress-tested) — roughly 105% above 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)

$945,000· $540/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment7.35% · $69,500

Min 7.35%50%

Mortgage payment$4,854/mo

↳ CMHC premium ($35,020 capitalized)

Property tax (est.)$266/mo

Total monthly$5,120

Cash Needed to Close

Down payment (7.35%)$69,500

Land transfer tax$15,375

Est. closing costs$5,335

Total cash needed$90,210

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