$599,000
Muskoka Lakes
#3 1082 Cowan Park Road, Muskoka Lakes (Watt), Ontario, P0B1M0
This 2-bedroom, 1-bathroom home in Muskoka Lakes is for sale offering roughly 350 sq ft of space. Listed at $599,000, it is attractively priced about 30% below the $849,999 median asking price in Muskoka Lakes. It has been on the market 56 days, fresher than the Muskoka Lakes average of 85 days.
What a view! Enjoy full-day sunshine and a coveted south-east exposure from this charming 3-season waterfront cottage on beautiful Three Mile Lake in Utterson, set on approximately acre with 110 feet of frontage and offering classic Muskoka lakefront living in a peaceful, natural setting. This inviting property delivers the true cottage experience with excellent swimming right off the dock or sandy shore, boating and paddling across the lake, and outstanding fishing opportunities for bass and walleye, all from your own shoreline. The cottage features 2 bedrooms plus a 1 bathroom layout, along with additional sleeping accommodations in both an interior bunk-nook and a separate shed bunkie, making it ideal for hosting extended family and friends. Recent upgrades provide added comfort and value, including a brand-new dock system, upgraded electrical panel, and an on-demand hot water tank, allowing for easier extended stays throughout the season. Outdoor living is fully embraced here with a spacious waterfront deck overlooking the lake, a firepit area perfect for evening gatherings, and a floating dock system designed for swimming, lounging, and enjoying long summer days. A rare bonus is ownership of land on both sides of Cowan Park Road, offering added flexibility and privacy, while a boundary survey is available for peace of mind. With quick closing available, this property is ready for immediate enjoyment this season. Three Mile Lake is known for its clean water, quiet cottage atmosphere, and scenic, lightly developed shoreline, providing a more relaxed Muskoka experience compared to larger, busier lakes while still offering great boating and exploration. Conveniently located within easy reach of Port Carling, Bracebridge, Rosseau, and Huntsville, this property offers the perfect balance of privacy, accessibility, and authentic Muskoka cottage lifestyle. (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: 56 days on market, against an average age of 85 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 2-bed single family in Muskoka Lakes (Watt) has been listed for 56 days, which is 29 days fresher than the city average of 85. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $599,000, about 6.7× the local median household income of $90,000.
Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 30% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0B)
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