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.
Positioned in the heart of Milford Bay on Lake Muskoka, this waterfront property offers a rare combination of location, accessibility, and versatility. Connected to the Big Three lake chain, this is more than just a cottage or home, it's an opportunity to make the most of Muskoka living. Whether you're looking for a year-round residence, seasonal retreat, income-generating property, or a strategic landing point for island cottagers or a home-based business, the flexibility here is hard to match. With three separate entrances and accommodating zoning, the layout lends itself to multiple living spaces, short-term or long-term rentals, or a business setup serving the surrounding lake community. The home features 4 bedrooms and 2 bathrooms, with a renovated upper level completed within the past three years. A spacious lower-level addition finished in 2020 adds valuable living space and functionality. Enjoy desirable western exposure with full-day sun and beautiful sunset views. The property also includes a boathouse with potential for a single-slip setup and dock space, offering added appeal for boating enthusiasts, rental use, or convenient mainland access for nearby island properties. Located just 10 minutes to Port Carling or Bracebridge by car, or 20 minutes by boat, with easy access to golf, a public beach, marina, community center, scenic trails, and Huckleberry Rock Lookout. A strong offering in one of Muskoka's most sought-after areas, with multiple paths for personal use, investment, or business.
Demographic data is not available for this area yet.
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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$4,544/mo
Mortgage (principal + interest)$4,302
Property taxFrom listing: $2,899/yr$242
Minimum $90,000 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. 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$230,000
Ontario land transfer taxProvincial brackets, no first-time refund$19,475
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$252,275
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.
