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.
Move-In Ready Muskoka Bungalow with Massive Commercial & Hobby Workshop Opportunity: Set on 10.86 acres complete with forested trails behind the house, this unique package property features an updated residential home alongside an expansive commercial building, sold together as a single offering. The primary residence offers 1,860 sq ft of finished living space split between the main floor and lower level, featuring a 3-bedroom layout and an efficient wood-burning stove designed to significantly offset heating costs. The home underwent a major renovation in 2014 including plumbing and wiring, followed by a new roof in 2015. Directly adjacent is a 3,698 sq ft commercial building offering 2,541 sq ft of finished space and 1,157 sq ft of unfinished storage-ideal for an end-user business, hobbyist, or turnkey rental stream-equipped with a 2-bay shop, 10,000 lb hoist, air compressor, tire service gear, and flexible office/retail space. For full commercial specifications, zoning details, and equipment inclusions, please reference the commercial listing on MLS# X13617646. This unique property delivers the perfect blend of comfortable rural living and limitless professional potential.
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What’s NearbyDistances approximate
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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$3,904/mo
Mortgage (principal + interest)$3,733
Property taxFrom listing: $2,049/yr$171
Minimum $74,800 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$199,600
Ontario land transfer taxProvincial brackets, no first-time refund$16,435
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$218,835
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.
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