$849,000
Est. payment $3,759/moCalculate yours
1378 THREE MILE LAKE Road 3, Muskoka Lakes, ON P0B 1M0
Watt, Muskoka Lakes, ON P0B 1M0
- 4 + 1 Beds
- 3 Baths
- 2 Garage
- 2,000 Sq Ft
Listing courtesy of EXP REALTY MLS® X13828088
About this home
SUPREME VALUE ON THREE MILE LAKE - AN EXCEPTIONAL MUSKOKA WATERFRONT OPPORTUNITY. Wake to quiet mornings on Three Mile Lake as the sun dances across the water. In the evening, retreat to the Muskoka Room and watch the sun set over Hammell’s Bay from the spectacular west-facing vantage point. Set on beautiful shoreline, this custom-built 5-bedroom, 3-bathroom home offers a coveted Muskoka setting. The waterfront suits every generation, with a gentle shallow entry for children and deeper water off the dock for swimming, boating and summer days on the lake.Inside, bright, welcoming spaces are designed for relaxed cottage living and comfortable year-round use. Open-concept living areas showcase water views from nearly every window, while the five-bedroom layout provides ample room for family, guests and extended stays.The full walk-out lower level features a self-contained suite with its own kitchen, living area and bathroom-ideal for extended family, private guests or potential income use.Multi-level decks invite outdoor dining and entertaining, while the fire pit sets the scene for evenings under the stars. The oversized two-car garage/workshop and generous parking add everyday convenience. Located on a year-round road with easy access to Bracebridge, Huntsville and Windermere, this property offers the rare combination of a peaceful cottage escape and a comfortable full-time home. A family residence. A legacy cottage. An investment opportunity. Boating, swimming, fishing and sunset evenings on the water-this is Three Mile Lake living at its finest. VALUE PLUS PLUS Call for your private viewing.
Property details
Overview
- Property Type
- Detached
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 31-50
- Size
- 2,000 sqft
Interior
- Bedrooms
- 4 + 1
- Bathrooms
- 3
- Kitchens
- 2
- Basement
- Finished with Walk-Out, Full
Building & Systems
- Heating
- Forced Air (Oil)
- Cooling
- Central Air
- Exterior
- Wood , Board & Batten
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Water
- Other
- Sewer
- Septic
Lot & Parking
- Lot Size
- 100 x 190 Feet
- Parking
- Detached garage · 7 total
- Zoning
- WR4
Financial
- Property Taxes
- $3,266 (2025)
Location
- Neighbourhood
- Watt
- Cross Street
- Three Mile Lake Rd 1
- Direction Faces
- North
Listing
- MLS® Number
- X13828088
- Days on Market
- 24
- Listed On
- 2026-09-24
- Listed By
- EXP REALTY
Rooms
Features
Interior
- Water Heater Owned
Property
- Waterfront
- Terraced
- Part Cleared
- Clear View
Pool
- None
Mortgage calculator
Estimated mortgage payment
$3,759 per month
- Principal and interest
- $3,759
- Property tax
- $272
- Condo fees
- $0
- Estimated monthly cost
- $4,031
Your mortgage
- Mortgage amount
- $679,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $448,556
Cash to close
- Down payment
- $169,800
- Land transfer tax
- $13,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $183,255
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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