$1,299,000
Est. payment $5,752/moCalculate yours
1356 & 1357 Peninsula Road, Muskoka Lakes, ON P0B 1J0
Medora, Muskoka Lakes, ON P0B 1J0
- 3 Beds
- 1 Baths
- 1,500 Sq Ft
Listing courtesy of CV Real Estate MLS® X13743086
About this home
Welcome to Lake Joseph. Set on 260 feet of coveted southwest-facing shoreline, this 3-bedroom cottage offers over 1.5 acres of privacy, excellent exposure, and incredible potential in one of Muskoka’s most sought-after locations. The existing cottage features two bedrooms on the main level plus a cozy loft-style third bedroom, with a spacious wraparound deck overlooking the lake. Permits are in place for a new double-slip boathouse complete with covered boat slips, rooftop sundeck, and expansive dock space, perfectly positioned to capture all-day sun and beautiful southwest sunsets. A separate 250 sq. ft. bunkie at the water’s edge is also approved for reconstruction, offering additional space for guests or lakeside enjoyment. The waterfront is truly incredible, with a setting you’ll appreciate from the end of your dock, and is simply not something you can find at this price point. South Lake Joseph location and located just minutes from Port Sandfield, restaurants, golf, and The Lake Joseph Club, with easy access to everything the Big Three has to offer. Whether you’re looking for a Muskoka getaway, family cottage, or the opportunity to create your dream waterfront property, this is a rare chance to secure a prime piece of Lake Joseph with permits already in place and endless possibilities ahead.
Property details
Overview
- Property Type
- Detached
- Style
- Bungaloft
- For
- For Sale
- Status
- New
- Size
- 1,500 sqft
Interior
- Bedrooms
- 3
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- Crawl Space
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- Wall Unit(s)
- Exterior
- Vinyl Siding, Wood
- Foundation
- Piers
- Roof
- Asphalt Shingle
- Water
- Other
- Sewer
- Septic
Lot & Parking
- Lot Size
- 260 x 353 Feet
- Parking
- None garage · 3 total
Financial
- Property Taxes
- $3,732 (2025)
Location
- Neighbourhood
- Medora
- Cross Street
- Muskoka Rd 118 & Peninsula
- Direction Faces
- West
Listing
- MLS® Number
- X13743086
- Days on Market
- 45
- Listed On
- 2026-09-03
- Possession
- Flexible
- Listed By
- CV Real Estate
Rooms
Features
Interior
- Guest Accommodations
- Other
- Storage
Property
- Clear View
- Golf
- Lake Access
- Marina
- Waterfront
Pool
- None
- Included
- LG refrigerator; Frigidaire stove; Maytag dishwasher; Kenmore washer; Kenmore dryer; Danby mini fridge in shed; Kenmore refrigerator in shed.
- Excluded
- Sellers personal items
Mortgage calculator
Estimated mortgage payment
$5,752 per month
- Principal and interest
- $5,752
- Property tax
- $311
- Condo fees
- $0
- Estimated monthly cost
- $6,063
Your mortgage
- Mortgage amount
- $1,039,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $686,307
Cash to close
- Down payment
- $259,800
- Land transfer tax
- $22,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $282,255
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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