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$1,579,000
Muskoka Lakes
#1 1041 Summit Road, Muskoka Lakes (Wood (Muskoka Lakes)), Ontario, P0C1M0
This 3-bedroom, 2-bathroom home in Muskoka Lakes is for sale.
Welcome to your private lakeside retreat on beautiful Bastedo Lake. Set on 9.02 acres of serene, forested land, this peaceful property boasts 450 feet of water frontage on a non-motorized lake, ideal for quiet paddling, swimming, and enjoying the natural beauty around you. The quiet, tree-surrounded setting offers exceptional privacy a true escape from the everyday. This turnkey cottage comes fully furnished, including all interior and exterior furniture plus water toys, making it ready for you to move in and start enjoying immediately. The cozy cottage features everything you need for a relaxing Muskoka getaway, including a steam sauna and a charming outdoor pizza oven, perfect for entertaining family and friends. In addition to personal enjoyment, Bastedo Lodge has generated significant rental income during the high season, with the opportunity to rent year-round, offering excellent investment potential. Located just 15 minutes from Bala and 25 min from Port Carling & Gravenhurst, you'll enjoy a perfect balance of seclusion and nearby amenities. This is more than a cottage-it's a lifestyle. Come experience the peace, privacy, and charm of 1041-1 Summit Road. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 112 days on market, against an average age of 113 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 3-bed single family in Muskoka Lakes (Wood (Muskoka Lakes)) has been listed for 112 days, which is 1 days fresher than the city average of 113. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,579,000, about 20.1× the local median household income of $78,500.
Carrying it typically needs a household income of about $308,434 (20% down, 25-yr amortization, stress-tested) — roughly 293% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0C)
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Loading rates, 30-yr amortization
Cash Needed to Close
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