Gurvinder Nokwal REALTOR®
For Sale Detached 101 days on market

$1,799,000 ↓ $200,000 from $1,999,000

Est. payment $7,966/moCalculate yours

1 Merlin (Island M91) Island, Muskoka Lakes, ON P1P 1R2

Wood (Muskoka Lakes), Muskoka Lakes, ON P1P 1R2

  • 4 Beds
  • 3 Baths
  • 1,100 Sq Ft
Map

Listing courtesy of Chestnut Park Real Estate MLS® X13552974

About this home

Private islands almost never come up for sale on Lake Muskoka. This is your shot.Tucked into Shanty Bay - one of the lake’s best-kept secrets. Solid community, epic paddling and waterskiing water, and close to town and the city - yet most boaters have never even come back this far. 1.2 acres of flat, usable land with sun from sunrise to sunset and views in every direction. Deep water on one side for diving and docking, a shallow sandy entry on the other for kids, grandparents, and dogs - this island works for every generation of your family. Same family for over 40 years, now ready for its next chapter. Septic and services are already in - a head start most vacant island lots can’t offer. The existing 4-bed, 2.5-bath cottage and bunkie w bath are fully livable right now while you plan your next move, whether that’s a renovation or eventually building new. This is the kind of island that inspired Sterling Point - no script required to live it. Paddle it, ski it, fish it.

Property details

Overview

Property Type
Detached
Style
1 1/2 Storey
For
For Sale
Status
Price Change
Approximate Age
31-50
Size
1,100 sqft

Interior

Bedrooms
4
Bathrooms
3
Kitchens
1
Basement
None

Building & Systems

Heating
Baseboard (Electric)
Cooling
None
Exterior
Wood
Foundation
Piers
Roof
Cedar
Water
Other
Sewer
Septic

Lot & Parking

Parking
None garage
Zoning
WR3-7 / WR3-7R

Financial

Property Taxes
$10,937 (2026)

Location

Neighbourhood
Wood (Muskoka Lakes)
Cross Street
Highway 169/Villas Marina
Direction Faces
South

Listing

MLS® Number
X13552974
Days on Market
101
Listed On
2026-07-09
Listed By
Chestnut Park Real Estate

Features

Interior

  • Primary Bedroom - Main Floor
  • Water Heater Owned

Property

  • Marina
  • Lake/Pond
  • Waterfront
  • Island

Pool

  • None
Excluded
Personal Items and furniture at seller's discretion

Mortgage calculator

Minimum for this price: $359,800 (20%)

Amortization, years

Estimated mortgage payment

$7,966 per month

Principal and interest
$7,966
Property tax
$911
Estimated monthly cost
$8,877

Your mortgage

Mortgage amount
$1,439,200
Mortgage insurance
Not needed
Interest over 25 years
$950,475

Cash to close

Down payment
$359,800
Land transfer tax
$32,455
Total, before legal fees
$392,255
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

1 Merlin (Island M91) Island, Muskoka Lakes, ON P1P 1R2 Wood (Muskoka Lakes), Muskoka Lakes, ON P1P 1R2
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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).

$1,799,000 1 Merlin (Island M91) Island, Muskoka Lakes, ON P1P 1R2
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