Gurvinder Nokwal REALTOR®
For Sale Rural Residential 107 days on market

$1,599,000

Est. payment $7,080/moCalculate yours

7313 534 Highway, Parry Sound Remote Area, ON P0H 2R0

Restoule, Parry Sound Remote Area, ON P0H 2R0

  • 5 Beds
  • 4 Baths
  • 2 Garage
  • 2,500 Sq Ft
Map

Listing courtesy of Re/Max Crown Realty (1989) Inc. MLS® X13523486

About this home

Welcome to luxury living on coveted Restoule Lake-an extraordinary 5-bedroom, 4-bath executive waterfront home offering over 4,000 sq. ft. of beautifully designed living space, soaring 10-foot ceilings, and more than 500 feet of spectacular shoreline. For buyers seeking premium waterfront living without Muskoka price tags, this remarkable property delivers exceptional value on one of Northern Ontario’s most desirable lakes. Designed to capture breathtaking lake views, the open-concept living, dining and kitchen area is highlighted by a dramatic wall of windows overlooking the water and flows seamlessly onto an impressive 60-foot deck with sleek glass railings-perfect for entertaining. The chef-inspired galley kitchen is built for everyday living and large gatherings alike, featuring double dishwashers, double wall ovens, two refrigerators, and a spacious walk-in pantry. The main level also offers a private office ideal for working from home, a bright three-season sunroom, and a convenient 3-piece bath. Upstairs you’ll find five spacious bedrooms, including a stunning primary retreat with walk-in closet, ensuite, and private balcony overlooking the lake. A second-floor laundry room and additional bath provide comfort and convenience for family and guests. The fully finished lower level offers exceptional space for relaxation and entertainment with a large recreation/games room, media area, and covered walkout leading directly to the patio and hot tub. Outside, enjoy a beautifully designed interlocking stone patio with fire pit and effortless access to the water from the impressive 50′ x 16′ floating dock just steps away. Experience the caliber of luxury waterfront living often associated with Muskoka, while enjoying greater privacy, expansive shoreline, and outstanding value on beautiful Restoule Lake.

Property details

Overview

Property Type
Rural Residential
Style
2-Storey
For
For Sale
Status
New
Size
2,500 sqft

Interior

Bedrooms
5
Bathrooms
4
Kitchens
1
Basement
Finished with Walk-Out

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Wood , Stone
Foundation
Concrete Block
Roof
Metal
Water
Well
Sewer
Septic

Lot & Parking

Lot Size
551.12 x 70 Feet
Parking
Carport garage · 8 total
Zoning
unorganized

Financial

Property Taxes
$4,300 (2026)

Location

Neighbourhood
Restoule
Cross Street
Hwy 534 & Beaudry Hill Rd
Direction Faces
West

Listing

MLS® Number
X13523486
Days on Market
107
Listed On
2026-07-03
Possession
Flexible
Listed By
Re/Max Crown Realty (1989) Inc.

Rooms

Room Level Dimensions
Office Main 11′ 2″ × 16′ 0″
Bedroom 3 Second 11′ 0″ × 11′ 0″
Bedroom 2 Second 11′ 0″ × 11′ 0″
Bathroom Lower 7′ 5″ × 7′ 3″
Utility Room Lower 40′ 0″ × 7′ 4″
Bathroom Second 26′ 0″ × 8′ 0″
Bedroom 4 Second 14′ 6″ × 11′ 0″
Bathroom Second 13′ 0″ × 12′ 0″
Primary Bedroom Second 15′ 0″ × 15′ 0″
Sunroom Main 11′ 7″ × 8′ 5″
Kitchen Main 22′ 0″ × 9′ 0″
Foyer Main 7′ 10″ × 7′ 7″
Living Room Main 32′ 0″ × 18′ 1″
Bathroom Main 7′ 1″ × 13′ 9″
Bedroom 5 Second 11′ 1″ × 11′ 0″
Family Room Lower 48′ 0″ × 19′ 0″

Features

Interior

  • Built-In Oven
  • Countertop Range
  • ERV/HRV
  • Generator - Partial
  • Water Heater Owned
  • Water Treatment
  • Workbench

Property

  • Lake/Pond
  • Rec./Commun.Centre
  • School Bus Route
  • Waterfront

Pool

  • None
Included
Kitchen Appliances - 2 Dishwashers, 2 Refrigerators, B/I Wall Ovens, Stove Cook Top, Washer, Dryer, Docking, Generator
Excluded
Personal items
Rental items
Propane Tank

Mortgage calculator

Minimum for this price: $319,800 (20%)

Amortization, years

Estimated mortgage payment

$7,080 per month

Principal and interest
$7,080
Property tax
$358
Estimated monthly cost
$7,438

Your mortgage

Mortgage amount
$1,279,200
Mortgage insurance
Not needed
Interest over 25 years
$844,808

Cash to close

Down payment
$319,800
Land transfer tax
$28,455
Total, before legal fees
$348,255
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

7313 534 Highway, Parry Sound Remote Area, ON P0H 2R0 Restoule, Parry Sound Remote Area, ON P0H 2R0
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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).

$1,599,000 7313 534 Highway, Parry Sound Remote Area, ON P0H 2R0
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