$990,000

For sale

#10 1326 Windermere Road, Muskoka Lakes (Watt) - Single Family for Sale

#10 1326 Windermere Road, Muskoka Lakes (Watt), Ontario, P0B1M0

5 beds2 baths3 parking2,250 ft²101 × 215 ft (21,715 sq ft) lot sizeListed 70 days ago

Overview

This 5-bedroom, 2-bathroom home in Muskoka Lakes is for sale offering roughly 2,250 sq ft of space. It has been on the market 70 days, fresher than the Muskoka Lakes average of 84 days.

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

Description

Experience Muskoka waterfront living at 1326 Windermere Road, Unit 10. Situated on a private, treed half-acre lot with approximately 100 feet of shoreline, this spacious four-bedroom, two-bathroom retreat features soaring 20-foot ceilings, floor-to-ceiling windows, panoramic lake views and a wood-burning fireplace. Enjoy the expansive deck, six-person hot tub and floating dock-perfect for swimming, fishing and kayaking. Offering excellent potential as a lucrative short-term rental investment, this property is ideal for generating vacation rental income while also enjoying it as your own Muskoka retreat. Surrounded by year-round recreation and conveniently located just 15 minutes from Bracebridge and Huntsville. (id:66096)

Property Details

MLS®: X13715718
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 2
Parking: 3
Interior Size: 2,250 ft²
Lot Size: 101 × 215 ft (21,715 sq ft)
Frontage: 101 ft
Storeys: 3
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Waterfront: Yes
Ownership: Freehold
Property Tax

Features

Foundation: Concrete
Exterior: Aluminum siding
Lot Features: Carpet Free

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

70d

Muskoka Lakes (Watt) listings, avg age

84d

Price / ft²

$440

List price

$990K

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 5-bed single family in Muskoka Lakes (Watt) has been listed for 70 days, which is 14 days fresher than the city average of 84. Act while there is still low competition.

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Listed by FINE HOMES REALESTATE INC. · ROBERT GRIN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0B)

This home lists at $990,000, about 11.0× the local median household income of $90,000.

Carrying it typically needs a household income of about $193,382 (20% down, 25-yr amortization, stress-tested) — roughly 115% 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)

$990,000· $440/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment7.47% · $74,000

Min 7.47%50%

Mortgage payment$5,078/mo

↳ CMHC premium ($36,640 capitalized)

Property tax (est.)$262/mo

Total monthly$5,341

Cash Needed to Close

Down payment (7.47%)$74,000

Land transfer tax$16,275

Est. closing costs$5,470

Total cash needed$95,745

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

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