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.
Discover the rare magic of Onaway Island, an iconic private retreat in the heart of Muskoka. Encompassing over 2 acres and an astounding 1,320 feet of pristine shoreline, this island sanctuary offers an unrivalled blend of classic Canadian lodge craftsmanship and timeless Americana charm.The main four-bedroom cottage is a work of artwhere bark-stripped columns, exposed rafter tails, and a hand-laid stone fireplace evoke the character and warmth of a bygone era. Expansive lake views fill every room and porch, while a Muskoka room and a private master wing with ensuite elevate the living experience with comfort and privacy.Outdoors, enjoy breathtaking sunrises and sunsets, explore scenic island trails, and spend your days swimming in hidden coves or leaping from sun-soaked rocks. The oversized three-slip boathouse includes second-storey living space and extensive docking, offering room for guests and watercraft alike. Arrive with ease by boat or by airyour private helipad awaits.With a bocce court nestled on the western side, winding pathways, and panoramic vistas in every direction, Onaway Island is more than a propertyits a lifestyle of heritage, tranquility, and refined recreation. Offered fully turnkey, this once-in-a-generation offering invites you to live Muskoka at its most memorable.
Demographic data is not available for this area yet.
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Age Groups
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Owners vs Renters
Ownership data is not available.
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$46,537/mo
Mortgage (principal + interest)$44,873
Property taxFrom listing: $19,972/yr$1,664
Minimum 20% ($2,399,000 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$2,399,000
Ontario land transfer taxProvincial brackets, no first-time refund$286,350
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$2,688,150
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.
