$2,249,000

For sale

#6 8091 Lake Joseph Road, Muskoka Lakes (Medora) - Single Family for Sale

#6 8091 Lake Joseph Road, Muskoka Lakes (Medora), Ontario, P0C1H0

4 beds3 baths15 parking2,750 ft²214 × 1362 ft (6.69 acres) lot sizeListed 37 days ago

Overview

This 4-bedroom, 3-bathroom home in Muskoka Lakes is for sale offering roughly 2,750 sq ft of space. It has been on the market 37 days, fresher than the Muskoka Lakes average of 93 days.

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Description

Private Muskoka Retreat on Ricketts Lake. Tucked away on more than 6 forested acres with northwest exposure and exceptional privacy, this custom-built four-season cottage offers the quintessential Muskoka experience. With no immediate neighbours on either side, the property is a peaceful sanctuary surrounded by mature trees, striking granite outcroppings and breathtaking sunset views.Designed for gathering family and friends, the beautifully appointed residence features 4 bedrooms, 3 full bathrooms, a soaring vaulted great room anchored by a dramatic two-storey stone fireplace, a warm and inviting Muskoka room with a second fireplace, an open loft overlooking the living space, and a walkout lower level offering additional room to relax and entertain.Outdoor living is equally impressive, with multiple decks positioned to capture lake views and the natural beauty of the landscape. A gentle walk leads to the waterfront, where a floating dock provides access to swimming, paddling and endless days on family-friendly Ricketts Lake. Offered furnished and move-in ready, this is an exceptional opportunity to enjoy privacy, nature and classic Muskoka charm in one remarkable package. (id:66096)

Property Details

MLS®: X13836688
Property Type: Single Family
Zoning: 391
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 3
Parking: 15
Interior Size: 2,750 ft²
Lot Size: 214 × 1362 ft (6.69 acres)
Frontage: 214 ft
Storeys: 2
Basement: Partially finished, Walk out, N/A, N/A
Heating: Heat Pump, Radiant heat, Forced air, Electric
Cooling: Central air conditioning, Air exchanger
Garage: No Garage
Fireplace: Yes
Waterfront: Yes

Rooms

Ground level

Foyer: 2.4 x 4.9 meters
Great room: 6.4 x 5.9 meters
Dining room: 3 x 4.1 meters
Kitchen: 3 x 4 meters
Other: 3.4 x 3.5 meters
Primary Bedroom: 4 x 3.6 meters
Bedroom 2: 3.5 x 4 meters
Mud room: 2.7 x 2.9 meters

Upper Level

Loft: 5.3 x 4.4 meters
Bedroom 3: 4 x 8.8 meters

Features

Appliances: All, Furniture, Window Coverings, Water Heater
Foundation: Poured Concrete
Exterior: Aluminum siding, Hardboard
Lot Features: Wooded area, Sloping, Partially cleared, Lighting, Dry

Services

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

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

37d

Muskoka Lakes (Medora) listings, avg age

93d

Price / ft²

$818

List price

$2.25M

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 4-bed single family in Muskoka Lakes (Medora) has been listed for 37 days, which is 56 days fresher than the city average of 93. Act while there is still low competition.

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Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA · ROSS HALLORAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0C)

This home lists at $2,249,000, about 28.6× the local median household income of $78,500.

Carrying it typically needs a household income of about $439,308 (20% down, 25-yr amortization, stress-tested) — roughly 460% above the area median.

Median household income: $78,500
Population: 4,824
Median age: 56.8
Owner / renter: 88% / 12%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA P0C)

$2,249,000· $818/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $449,800

Min 20%50%

Mortgage payment$9,591/mo

Property tax (est.)$468/mo

Total monthly$10,060

Cash Needed to Close

Down payment (20%)$449,800

Land transfer tax$42,700

Est. closing costs$9,247

Total cash needed$501,747

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