Gurvinder Nokwal REALTOR®
For Sale Detached 23 days on market

$1,999,000

Est. payment $8,851/moCalculate yours

1521 Old Hwy 117, Lake of Bays, ON P0B 1A0

Franklin, Lake of Bays, ON P0B 1A0

  • 2 Beds
  • 1 Baths
  • 700 Sq Ft

Listing courtesy of Royal LePage Lakes Of Muskoka Realty MLS® X13830728

About this home

An extraordinary two-storey boathouse unlike anything else on Lake of Bays. Approximately 2,200 sq. ft., it features multiple dormers, skylights, balconies, a spacious entertainment deck, upper and lower multipurpose rooms, two boat slips with electric hoists and even a washroom. The true showpiece is the natural stream that flows through the boathouse, passing through two sections of the building connected by a distinctive arched footbridge before continuing to the lake. A remarkable combination of architecture, nature and waterfront living. The property comprises of three parcels totaling approximately 2.16 acres with 265 feet of Lake of Bays shoreline. Abundant table land and a gently sloping building site create an ideal setting for a luxury cottage or year-round home. A demolition permit is already in place for the existing two-bedroom cottage, providing a valuable head start for a new build. Enjoy wide-open big-lake views toward Bigwin Island, all-day sunshine and spectacular western sunset exposure, along with excellent privacy. Access is straightforward, with a private meandering driveway leading directly from Muskoka Highway 117, a year-round municipally maintained road. The driveway winds through mature forest, past the property’s distinctive weathered lions and alongside a gentle bubbling stream before opening onto the waterfront. This prime location offers an important advantage: easy highway access and a shorter commute to the city, making it an especially appealing choice for a luxury cottage or year-round home. Close to championship golf, downhill and cross-country skiing, hiking, biking, boating and the charming communities of Muskoka, this is a remarkable opportunity to build your dream on Lake of Bays while keeping the GTA within convenient reach.

Property details

Overview

Property Type
Detached
Style
Bungalow
For
For Sale
Status
New
Approximate Age
51-99
Size
700 sqft

Interior

Bedrooms
2
Bathrooms
1
Kitchens
1
Basement
None

Building & Systems

Heating
Other (Other)
Cooling
None
Exterior
Wood
Foundation
Piers
Roof
Metal
Water
Other
Sewer
Septic

Lot & Parking

Lot Size
265 x 831 Feet
Parking
None garage · 8 total
Zoning
Waterfront Service Commercial

Financial

Property Taxes
$7,792 (2026)

Location

Neighbourhood
Franklin
Cross Street
Hwy 117 and Old Hwy 117
Direction Faces
West

Listing

MLS® Number
X13830728
Days on Market
23
Listed On
2026-09-25
Possession
Flexible
Listed By
Royal LePage Lakes Of Muskoka Realty

Features

Interior

  • Primary Bedroom - Main Floor

Pool

  • None

Mortgage calculator

Minimum for this price: $399,800 (20%)

Amortization, years

Estimated mortgage payment

$8,851 per month

Principal and interest
$8,851
Property tax
$649
Estimated monthly cost
$9,501

Your mortgage

Mortgage amount
$1,599,200
Mortgage insurance
Not needed
Interest over 25 years
$1,056,142

Cash to close

Down payment
$399,800
Land transfer tax
$36,455
Total, before legal fees
$436,255
Talk to me about financing

Estimates 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

1521 Old Hwy 117, Lake of Bays, ON P0B 1A0 Franklin, Lake of Bays, ON P0B 1A0
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,999,000 1521 Old Hwy 117, Lake of Bays, ON P0B 1A0
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