$3,095,000
Est. payment $13,704/moCalculate yours
1 Cedar Island, Muskoka Lakes, ON P0B 1J0
Wood (Muskoka Lakes), Muskoka Lakes, ON P0B 1J0
- 2 Beds
- 1 Baths
- 700 Sq Ft
Listing courtesy of Chestnut Park Real Estate MLS® X13190574
About this home
Imagine owning an entire island on Lake Muskoka, and having the freedom to create what comes next. Cedar Island is an extraordinary approx. 3.5 acre private island sanctuary, beautifully positioned within the prestigious West Beaumaris corridor and surrounded by the iconic landmarks of Old Woman and Stonewall Islands. Family held for over 130 years, this storied property presents a rare opportunity to take an exceptional natural setting and reimagine it as a completely bespoke Muskoka estate. The island’s remarkable topography offers a collection of spectacular building sites amongst towering pine and hardwood forests, granite outcroppings and sandy shoreline. Sheltered coves invite morning swims, while rocky points capture sweeping lake vistas and dramatic sunset skies. With panoramic water views and exposures stretching from sunrise to sunset, Cedar Island offers an extraordinary foundation for a sophisticated new Lakehouse and private family compound. Three existing summer cottages offer a connection to the island’s past, while the next owner has the opportunity to thoughtfully craft its future. Whether envisioned as a minimalist architectural retreat, an expansive multi-generational lake house or an intimate private sanctuary, there is an unparalleled sense of freedom that comes with owning the entire island. An opportunity for a Walker’s Point slip offers easy mainland access while still being 2 hours from North Toronto. Rarely does Lake Muskoka present the opportunity to acquire an entire island with this much privacy, provenance and potential. Cedar Island is your blank canvas, and the chance to build something truly extraordinary.
Property details
Overview
- Property Type
- Detached
- Style
- Other
- For
- For Sale
- Status
- New
- Size
- 700 sqft
Interior
- Bedrooms
- 2
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Other (Other)
- Cooling
- None
- Exterior
- Cedar, Metal/Steel Siding
- Foundation
- Block, Steel Frame
- Roof
- Metal, Shingles
- Water
- Other
- Sewer
- Septic
Lot & Parking
- Lot Size
- 2-4.99 acres
- Parking
- None garage
- Zoning
- WR3
Financial
- Property Taxes
- $11,265 (2025)
Location
- Neighbourhood
- Wood (Muskoka Lakes)
- Cross Street
- Lake Muskoka
- Direction Faces
- South
Listing
- MLS® Number
- X13190574
- Days on Market
- 144
- Listed On
- 2026-05-27
- Possession
- Flexible
- Listed By
- Chestnut Park Real Estate
Features
Interior
- Storage
Pool
- None
Mortgage calculator
Estimated mortgage payment
$13,704 per month
- Principal and interest
- $13,704
- Property tax
- $939
- Condo fees
- $0
- Estimated monthly cost
- $14,643
Your mortgage
- Mortgage amount
- $2,476,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $1,635,197
Cash to close
- Down payment
- $619,000
- Land transfer tax
- $63,850
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $682,850
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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