Gurvinder Nokwal REALTOR®
For Sale Detached 144 days on market

$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

Minimum for this price: $619,000 (20%)

Amortization, years

Estimated mortgage payment

$13,704 per month

Principal and interest
$13,704
Property tax
$939
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
Total, before legal fees
$682,850
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

1 Cedar Island, Muskoka Lakes, ON P0B 1J0 Wood (Muskoka Lakes), Muskoka Lakes, ON P0B 1J0
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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).

$3,095,000 1 Cedar Island, Muskoka Lakes, ON P0B 1J0
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