$624,900

For sale

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#BTV-W 101 1869 Muskoka 118 Road West, Muskoka Lakes (Monck (Muskoka Lakes)) - Single Family for Sale

#BTV-W 101 1869 Muskoka 118 Road West, Muskoka Lakes (Monck (Muskoka Lakes)), Ontario, P1L1W8

2 beds2 baths2 parking850 ft²$1,148/mo condo feeListed 249 days ago

Overview

This 2-bedroom, 2-bathroom condo in Muskoka Lakes is for sale offering roughly 850 sq ft of space.

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

Description

Welcome to Touchstone Resort on beautiful Lake Muskoka - a rare opportunity to own a luxurious 2 bedroom, 2bathroom unit in one of Ontario's most coveted vacation destinations. This fully furnished, turn-key property offers the ultimate in maintenance-free ownership, allowing you to enjoy all the beauty and relaxation of Muskoka without the upkeep of a traditional cottage.Whether you're lounging on the private beach, taking in the lake views from your balcony, or enjoying the resort's incredible amenities - including an infinity pool, spa, fitness centre, on-site restaurant, and boat docking - every stay feels like a retreat. When you're not using the unit yourself, it seamlessly enters the resort's rental program, providing consistent rental income throughout the year.This is truly a unique investment in lifestyle and leisure - perfect for those looking to escape to the heart of Muskoka while also enjoying the benefits of passive income. Own your piece of paradise today! (id:66096)

Property Details

MLS®: X12835192
Property Type: Single Family
Zoning: C
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Propane
Cooling: Central air conditioning
Garage: No Garage, Shared
Fireplace: Yes
Waterfront: Yes
Condo Fee: $1,148/mo
Fee Includes: Common Area Maintenance, Cable TV, Insurance, Parking
Ownership: Condo/Strata

Rooms

Flat

Bedroom: 5.3 x 3.5 meters
Kitchen: 2.4 x 5.8 meters
Dining room: 2.4 x 3 meters
Living room: 2.4 x 3.6 meters
Bedroom: 4.4 x 3 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Water meter, Hot Tub, Dryer, Furniture, Window Coverings
Flooring: Hardwood
Foundation: Poured Concrete
Exterior: Wood, Stone
Lot Features: Hillside, Wooded area, Rocky, Waterway, Lighting, Balcony, Guest Suite, Sauna

Services

Utilities: Cable, Wireless

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

249d

Muskoka Lakes (Monck (Muskoka Lakes)) listings, avg age

115d

Price / ft²

$736

List price

$625K

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 2-bed single family in Muskoka Lakes (Monck (Muskoka Lakes)) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES · ADAM LEMPKA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P1L)

This home lists at $624,900, about 7.3× the local median household income of $86,000.

Carrying it typically needs a household income of about $122,065 (20% down, 25-yr amortization, stress-tested) — roughly 42% above the area median.

Median household income: $86,000
Population: 17,984
Median age: 51.2
Owner / renter: 80% / 20%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA P1L)

$624,900· $736/ft²

For sale

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Full Cost Breakdown

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Down Payment6.00% · $37,490

Min 6.00%50%

Mortgage payment$3,257/mo

↳ CMHC premium ($23,496 capitalized)

Property tax (est.)$524/mo

Condo fee$1,148/mo

Total monthly$4,929

Cash Needed to Close

Down payment (6.00%)$37,490

Land transfer tax$8,973

Est. closing costs$4,375

Total cash needed$50,838

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#BTV-W 101 1869 Muskoka 118 Road West, Muskoka Lakes (Monck (Muskoka Lakes)) - Single Family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (P1L)

Book a showing

Full Cost Breakdown