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.
A rare opportunity to acquire approximately 46 acres of pristine Lake Muskoka waterfront land on sought after Mortimer's Point. Deeded to William Mortimer by Queen Victoria in the late 1800's, this exceptional offering consists of three separately deeded parcels, being sold together as a single unified estate holding. Cherished by the same family for decades, this 46 acre waterfront property is one of the few remaining large format holdings on Lake Muskoka. With 800 feet (MPAC) of combined shoreline, these lands offer the space, privacy, and natural beauty that define Muskoka's most enduring family estates.The property features towering pines, natural clearings, and a shoreline that has remained largely untouched, a rare reminder of Muskoka as it once was. The bay is quiet and protected, with warm, shallow sandy bottom waters ideal for children and summer gatherings. The land is divided into three separately deeded parcels, offering flexibility for families seeking multiple cottages, a main residence with guest homes, or long-term generational planning. The western parcel includes enhanced shoreline protections that preserve its natural character, while the eastern parcel provides excellent frontage and classic estate proportions. This is a property meant to be passed down; a place where families gather, traditions form, and memories endure..............Unparalleled 46+ acre legacy estate holding on Lake Muskoka, highlighted by a spectacular 191-foot wide hard-packed sandy beach extending 75 feet out into the bay. Accessed by an engineered private road system, this massive acreage offers unmatched privacy for a flagship estate.
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Estimated Rental Income
Rental estimate coming soon
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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$47,883/mo
Mortgage (principal + interest)$46,762
Property taxFrom listing: $13,448/yr$1,121
Minimum 20% ($2,500,000 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$2,500,000
Ontario land transfer taxProvincial brackets, no first-time refund$298,975
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$2,801,775
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.
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