$1,095,000
↓ $154,000 from $1,249,000
Est. payment $4,848/moCalculate yours
1140 Cowan Park Road 8, Muskoka Lakes, ON P0B 1M0
Watt, Muskoka Lakes, ON P0B 1M0
- 3 Beds
- 2 Baths
- 700 Sq Ft
Listing courtesy of Chestnut Park Real Estate MLS® X13107724
About this home
Welcome to your turnkey Muskoka retreat on highly sought-after Three Mile Lake. Completely renovated down to the studs and meticulously upgraded and maintained, this exceptional 4-season waterfront property offers the perfect blend of modern comfort, flexibility, and classic Muskoka charm. Located just minutes from Windermere and only 2 hours from the GTA. Set on a gently sloping, family-friendly lot with 100 feet of pristine northwest-facing frontage and just under 1 acre, enjoy breathtaking sunsets, shallow sand beach and deeper water entry, a waterfront concrete patio, fire pit area, and removable dock. The extensively updated main cottage (2021) features new interior finishes, flooring, windows, sliders, updated electrical, heat pumps, new roof, new exterior siding and a full 22Kw Generac generator for year-round peace of mind. Inside, the bright open-concept layout showcases cathedral ceilings, a wall of windows with spectacular lake views, and walkout to an oversized composite lakeside deck. The kitchen and living area are anchored by a high-efficiency wood stove, while two main-floor bedrooms and an upgraded 4-piece bath complete the space. The fully finished walkout lower level functions as a self-contained 1-bedroom suite with its own kitchen, living/dining area, laundry, modern 3-piece bath, and beautiful lake views (new 2025 windows) that ideal for guests, extended family, or rental income potential. Adding to the versatility are two fully winterized lakeside sleeping cabins, both with AC and heat, plus a separate outdoor shower and compost toilet bunkie. Additional highlights include year-round road access, metal roof, ample parking, and a spacious backyard for entertaining or games for the kids. Offered fully furnished and equipped right down to the kitchenware, this rare package is truly move-in ready. Simply pack your suitcase and start making your unforgettable Muskoka memories this summer!
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- Price Change
- Size
- 700 sqft
Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Finished with Walk-Out
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- Other
- Exterior
- Wood
- Foundation
- Concrete Block
- Roof
- Metal
- Water
- Other
- Sewer
- Septic
Lot & Parking
- Lot Size
- 100 x 350.91 Feet
- Parking
- None garage · 10 total
- Zoning
- WR4
Financial
- Property Taxes
- $2,100 (2025)
Location
- Neighbourhood
- Watt
- Cross Street
- Muskoka Road #4 (Windermere Road) & Cowan Park Road
- Direction Faces
- North
Listing
- MLS® Number
- X13107724
- Days on Market
- 163
- Listed On
- 2026-05-08
- Possession
- Flexible Closing
- Listed By
- Chestnut Park Real Estate
Features
Interior
- Primary Bedroom - Main Floor
- Upgraded Insulation
- Water Heater Owned
- Generator - Full
- Guest Accommodations
- Propane Tank
- Water Treatment
- Sump Pump
Property
- Lake Access
- Marina
- Waterfront
Pool
- None
- Included
- All Appliances, window coverings and all furniture and kitchen contents.
- Excluded
- Staging & decor items
- Rental items
- Propane tank
Mortgage calculator
Estimated mortgage payment
$4,848 per month
- Principal and interest
- $4,848
- Property tax
- $175
- Condo fees
- $0
- Estimated monthly cost
- $5,023
Your mortgage
- Mortgage amount
- $876,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $578,527
Cash to close
- Down payment
- $219,000
- Land transfer tax
- $18,375
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $237,375
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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