$2,549,000
↓ $400,000 from $2,949,000
Est. payment $11,286/moCalculate yours
1062 Pennwood Road 5, Muskoka Lakes, ON P0B 1J0
Medora, Muskoka Lakes, ON P0B 1J0
- 4 + 1 Beds
- 3 Baths
- 1,500 Sq Ft
Listing courtesy of Royal LePage Lakes Of Muskoka - Clarke Muskoka Realty MLS® X13009180
About this home
Welcome to effortless four-season Muskoka living on the Indian River, where thoughtful design, modern comfort, and a truly exceptional setting come together. Built in 2023 to net-zero/LEED standards, this fully winterized 4-bedroom cottage combines energy efficiency with low-maintenance materials, making year-round enjoyment easy. Positioned along the Indian River, the gateway to Lake Muskoka, this property offers the best of Muskoka at your doorstep. Cruise by boat to Port Carling and beyond, or enjoy the convenience of reaching town by car, with easy access to Muskoka’s Big Three lakes. The west-facing setting provides beautiful afternoon light and peaceful sunset views, framed by mature trees and classic Muskoka rock outcroppings.Inside, generous bedrooms and expansive principal rooms create plenty of space for family and friends to gather, relax, and stay awhile. The walkout design seamlessly connects the home to the outdoors, while the level driveway-to-deck access makes arriving and enjoying the property wonderfully convenient.Beautifully finished and completely move-in ready, this is a modern Muskoka retreat designed for spending less time on upkeep and more time enjoying the lake, the outdoors, and the people who matter most.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow-Raised
- For
- For Sale
- Status
- Price Change
- Approximate Age
- 0-5
- Size
- 1,500 sqft
Interior
- Bedrooms
- 4 + 1
- Bathrooms
- 3
- Kitchens
- 1
- Basement
- Finished with Walk-Out
Building & Systems
- Heating
- Forced Air (Electric)
- Cooling
- Central Air
- Exterior
- Shingle , Wood
- Foundation
- Insulated Concrete Form, Poured Concrete, Slab
- Roof
- Asphalt Shingle
- Water
- Well
- Sewer
- Septic
Lot & Parking
- Lot Size
- .50-1.99 acres
- Parking
- None garage · 6 total
- Zoning
- WR5-R & WR5
Financial
- Property Taxes
- $5,916 (2025)
Location
- Neighbourhood
- Medora
- Cross Street
- Pennwood Rd / Hwy 118
- Direction Faces
- West
Listing
- MLS® Number
- X13009180
- Days on Market
- 186
- Listed On
- 2026-04-15
- Possession
- TBA
- Listed By
- Royal LePage Lakes Of Muskoka - Clarke Muskoka Realty
Rooms
Features
Interior
- Air Exchanger
- ERV/HRV
- On Demand Water Heater
- Sewage Pump
- Storage
Property
- River/Stream
- Lake Access
Pool
- None
- Included
- Refrigerator, stove, dishwasher, microwave upstairs, paddle boat, gazebo, flagstone for path, tv wall mounts (2)
- Excluded
- Downstairs refrigerator, canoe, kayaks, sea can, antique workbench/kitchen island, dock whips,
- Rental items
- None
Mortgage calculator
Estimated mortgage payment
$11,286 per month
- Principal and interest
- $11,286
- Property tax
- $493
- Condo fees
- $0
- Estimated monthly cost
- $11,779
Your mortgage
- Mortgage amount
- $2,039,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $1,346,726
Cash to close
- Down payment
- $509,800
- Land transfer tax
- $50,200
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $560,000
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
This photo could not be loaded.