$719,000
Muskoka Lakes
#5 1117 Bert Sims Road North, Muskoka Lakes (Watt), Ontario, P0B1M0
This 2-bedroom, 1-bathroom home in Muskoka Lakes is for sale offering roughly 900 sq ft of space. Listed at $719,000, it is attractively priced about 15% below the $849,999 median asking price in Muskoka Lakes.
Welcome to one of Skeleton Lake's most unique waterfront properties. Known for its crystal clear water, incredible boating, and easy drive from the GTA, Skeleton Lake has long been one of Muskoka's premier destinations. Opportunities like this are rarely available. Positioned on a private peninsula, this exceptional property features waterfront on both sides and includes two separately deeded waterfront lots, each with its own PIN. This rare combination provides outstanding privacy, investment potential, and flexibility for the future. Enjoy the existing cottage exactly as it is, build a custom four-season waterfront retreat, or preserve the property as a legacy family compound for generations to come. Perched above the shoreline, the classic Muskoka cottage offers timeless charm with thoughtful updates throughout. The bright, open concept living space is designed to capture panoramic lake views while flowing effortlessly onto expansive outdoor entertaining areas. Inside, you'll find a spacious primary bedroom, a second bedroom with built-in bunk beds, and a convenient Murphy bed to comfortably accommodate family and friends. Recent upgrades include a new septic system (2008), a beautifully renovated bathroom, new storage shed, updated shingles, and a new hot water heater (2020), allowing you to enjoy cottage life with peace of mind. The outdoor setting is equally impressive. Beautiful natural stone landscaping, handcrafted by renowned Muskoka stonemason Bert Sims, blends seamlessly into the Canadian Shield. Spend your days swimming and boating from the private dock, gather around the lakeside fire pit in the evenings, and take in spectacular west-facing sunsets that paint the sky each night. This is far more than a cottage. It is a rare opportunity to own one of Skeleton Lake's most distinctive waterfront properties, combining privacy, unmatched future potential, and the timeless Muskoka lifestyle in one extraordinary package. (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: 105 days on market, against an average age of 84 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) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $719,000, about 8.0× the local median household income of $90,000.
Carrying it typically needs a household income of about $140,446 (20% down, 25-yr amortization, stress-tested) — roughly 56% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0B)
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