$659,900

For sale

400 Raymond Road, Muskoka Lakes (Watt) - Single Family for Sale

400 Raymond Road, Muskoka Lakes (Watt), Ontario, P1L1X4

3 beds2 baths8 parking1,750 ft²120 × 422 ft (1.16 acres) lot sizeListed 21 days ago

Overview

This 3-bedroom, 2-bathroom home in Muskoka Lakes is for sale offering roughly 1,750 sq ft of space. Listed at $659,900, it is attractively priced about 22% below the $849,999 median asking price in Muskoka Lakes. It has been on the market 21 days, fresher than the Muskoka Lakes average of 85 days.

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Description

Discover peaceful country living just 10 minutes from Bracebridge in this modern 2024-built bungalow, privately situated on over an acre backing onto beautiful woodlands. Bright and welcoming, the open-concept interior features seamless living and dining spaces alongside a stylish kitchen anchored by an impressive 12-foot quartz island. The main level offers 3 spacious bedrooms and 2 bathrooms, including a serene primary suite with a 4-piece ensuite, plus a versatile den. The partially finished walk-up basement with a separate entrance provides excellent potential for an in-law suite, recreation space, home office or additional living area that could be rented out to generate an income. Outside, enjoy the peaceful natural setting from the 16' x 16' composite deck, along with a detached garage and expansive driveway. Thoughtfully equipped for year-round comfort and peace of mind, this home features a high-efficiency 96% furnace, HRV system, premium R-70 insulation, 200-ampelectrical service with a 60-amp sub-panel, and a full-home Generac backup generator. Additional infrastructure includes a drilled well, water softener, iron filtration system, owned instantaneous hot water heater, and a recently replaced septic field. 400 Raymond Road offers modern comfort, privacy and convenience in the heart of Muskoka. (id:66096)

Property Details

MLS®: X14084402
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 8
Interior Size: 1,750 ft²
Lot Size: 120 × 422 ft (1.16 acres)
Frontage: 120 ft
Storeys: 1
Style: Bungalow
Basement: Partially finished, Full, Separate entrance, Walk-up, N/A, N/A, N/A
Heating: Forced air, Propane
Cooling: None
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $2,485.17/yr

Rooms

Main level

Living room: 6.99 x 7.6 meters
Kitchen: 6.99 x 7.6 meters
Dining room: 5.74 x 3.48 meters
Primary Bedroom: 3.12 x 4.17 meters
Bedroom: 3.34 x 2.89 meters
Bedroom: 2.66 x 3.63 meters
Laundry room: 2.08 x 1.81 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, Water softener, Dishwasher, Stove, Dryer, Water Treatment, Water Heater - Tankless
Foundation: Block
Exterior: Vinyl siding
Lot Features: Wooded area, Flat site, Wheelchair access, Level

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Electricity, Telephone, Wireless

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

Muskoka Lakes (Watt) listings, avg age

85d

Price / ft²

$377

List price

$660K

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 (Watt) has been listed for 21 days, which is 64 days fresher than the city average of 85. Act while there is still low competition.

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Listed by RE/MAX ESCARPMENT REALTY INC. · Matthew Regan

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P1L)

This home lists at $659,900, about 7.7× the local median household income of $86,000.

Carrying it typically needs a household income of about $128,902 (20% down, 25-yr amortization, stress-tested) — roughly 50% above the area median.

Median household income: $86,000
Population: 17,984
Median age: 51.2
Owner / renter: 80% / 20%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA P1L)

$659,900· $377/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment6.21% · $40,990.00

Min 6.21%50%

Mortgage payment$3,431/mo

↳ CMHC premium ($24,756 capitalized)

Property tax (est.)$207/mo

Total monthly$3,638

Cash Needed to Close

Down payment (6.21%)$40,990

Land transfer tax$9,673

Est. closing costs$4,480

Total cash needed$55,143

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