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.
Experience an extraordinary waterfront property at 1054 Fair-Lee Park Rd on Lake Rosseau in the prestigious Muskoka Lakes region, offering a rare opportunity to build or own a piece of prime real estate in one of Ontario's most coveted lakefront locations. This flat, level waterfront lot features southwest exposure, ensuring full sun throughout the day and breathtaking sunsets over the lake, while its quiet, protected bay provides calm waters ideal for swimming, kayaking, paddleboarding, and other recreational water activities. The shoreline includes a shallow, sandy entry with gradually deepening water, complemented by a distinctive half-moon shaped rock point that enhances both the beauty and functionality of the waterfront. Located on road-accessible Royal Muskoka Island, the property benefits from year-round municipal road access, Bell fibre-optic internet, and a forested hillside across the road that offers privacy and shelter from northerly winds. As part of the Royal Muskoka Island community, owners enjoy access to shared recreational amenities, including tennis and pickleball courts, walking trails, picnic areas, and open green spaces, providing the perfect combination of serene lakeside living, an active outdoor lifestyle, and long-term value. This property represents a rare and compelling opportunity for discerning buyers seeking to design and build their dream waterfront retreat or secure a premium investment in one of Muskoka's most sought-after locations.
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$7,668/mo
Mortgage (principal + interest)$7,407
Property taxFrom listing: $3,134/yr$261
Minimum 20% ($396,000 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$396,000
Ontario land transfer taxProvincial brackets, no first-time refund$36,075
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$434,875
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.
