Gurvinder Nokwal REALTOR®
For Sale Detached 186 days on market

$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
Map

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

Room Level Dimensions
Bathroom Lower 4′ 10″ × 8′ 9″
Living Room Main 23′ 0″ × 17′ 5″
Bathroom Main 7′ 4″ × 4′ 8″
Dining Room Main 13′ 9″ × 10′ 5″
Primary Bedroom Main 13′ 7″ × 13′ 3″
Kitchen Main 13′ 8″ × 14′ 5″
Bedroom Lower 13′ 7″ × 11′ 10″
Recreation Lower 22′ 11″ × 21′ 4″
Bathroom Main 8′ 0″ × 11′ 0″
Office Lower 13′ 2″ × 12′ 0″
Bedroom Lower 13′ 3″ × 12′ 1″
Bedroom Main 9′ 9″ × 12′ 9″

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

Minimum for this price: $509,800 (20%)

Amortization, years

Estimated mortgage payment

$11,286 per month

Principal and interest
$11,286
Property tax
$493
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
Total, before legal fees
$560,000
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

1062 Pennwood Road 5, Muskoka Lakes, ON P0B 1J0 Medora, 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).

$2,549,000 1062 Pennwood Road 5, Muskoka Lakes, ON P0B 1J0
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