The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Imagine owning an entire island on Lake Muskoka, and having the freedom to create what comes next. Cedar Island is an extraordinary approx. 3.5 acre private island sanctuary, beautifully positioned within the prestigious West Beaumaris corridor and surrounded by the iconic landmarks of Old Woman and Stonewall Islands. Family held for over 130 years, this storied property presents a rare opportunity to take an exceptional natural setting and reimagine it as a completely bespoke Muskoka estate. The island's remarkable topography offers a collection of spectacular building sites amongst towering pine and hardwood forests, granite outcroppings and sandy shoreline. Sheltered coves invite morning swims, while rocky points capture sweeping lake vistas and dramatic sunset skies. With panoramic water views and exposures stretching from sunrise to sunset, Cedar Island offers an extraordinary foundation for a sophisticated new Lakehouse and private family compound. Three existing summer cottages offer a connection to the island's past, while the next owner has the opportunity to thoughtfully craft its future. Whether envisioned as a minimalist architectural retreat, an expansive multi-generational lake house or an intimate private sanctuary, there is an unparalleled sense of freedom that comes with owning the entire island. An opportunity for a Walker's Point slip offers easy mainland access while still being 2 hours from North Toronto. Rarely does Lake Muskoka present the opportunity to acquire an entire island with this much privacy, provenance and potential. Cedar Island is your blank canvas, and the chance to build something truly extraordinary.
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Age Groups
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Owners vs Renters
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Household Type
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What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$12,517/mo
Mortgage (principal + interest)$11,578
Property taxFrom listing: $11,265/yr$939
Minimum 20% ($619,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$619,000
Ontario land transfer taxProvincial brackets, no first-time refund$63,850
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$685,650
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Muskoka Lakes has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
