$1,095,000
Muskoka Lakes
#8 1140 Cowan Park Road, Muskoka Lakes (Watt), Ontario, P0B1M0
This 3-bedroom, 2-bathroom home in Muskoka Lakes is for sale offering roughly 900 sq ft of space.
Welcome to your turnkey Muskoka retreat on highly sought-after Three Mile Lake. Completely renovated down to the studs and meticulously upgraded and maintained, this exceptional 4-season waterfront property offers the perfect blend of modern comfort, flexibility, and classic Muskoka charm. Located just minutes from Windermere and only 2 hours from the GTA. Set on a gently sloping, family-friendly lot with 100 feet of pristine northwest-facing frontage and just under 1 acre, enjoy breathtaking sunsets, shallow sand beach and deeper water entry, a waterfront concrete patio, fire pit area, and removable dock. The extensively updated main cottage (2021) features new interior finishes, flooring, windows, sliders, updated electrical, heat pumps, new roof, new exterior siding and a full 22Kw Generac generator for year-round peace of mind. Inside, the bright open-concept layout showcases cathedral ceilings, a wall of windows with spectacular lake views, and walkout to an oversized composite lakeside deck. The kitchen and living area are anchored by a high-efficiency wood stove, while two main-floor bedrooms and an upgraded 4-piece bath complete the space. The fully finished walkout lower level functions as a self-contained 1-bedroom suite with its own kitchen, living/dining area, laundry, modern 3-piece bath, and beautiful lake views (new 2025 windows) that ideal for guests, extended family, or rental income potential. Adding to the versatility are two fully winterized lakeside sleeping cabins, both with AC and heat, plus a separate outdoor shower and compost toilet bunkie. Additional highlights include year-round road access, metal roof, ample parking, and a spacious backyard for entertaining or games for the kids. Offered fully furnished and equipped right down to the kitchenware, this rare package is truly move-in ready. Simply pack your suitcase and start making your unforgettable Muskoka memories this summer! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 180 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 3-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 $1,095,000, about 12.2× the local median household income of $90,000.
Carrying it typically needs a household income of about $213,892 (20% down, 25-yr amortization, stress-tested) — roughly 138% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0B)
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Loading rates, 30-yr amortization
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