$1,049,000
Est. payment $4,645/moCalculate yours
1011 Ridgeline Drive, Lake of Bays, ON P1H 2J6
Franklin, Lake of Bays, ON P1H 2J6
- 3 Beds
- 3 Baths
- 1,800 Sq Ft
Listing courtesy of RE/MAX GOLD REALTY INC. MLS® X13210062
About this home
ONE TIME INVESTMENT - LIFETIME MONEY MAKER! Welcome to this stunning, fully furnished four-season cottage in the heart of Muskoka (Huntsville), currently operating as a successful Airbnb with excellent reviews and high rental income over the past 2 years, offering outstanding future income potential. Located within an exclusive 1,300-acre estate community, this luxurious home is set on a prime 1-2 acre island-backing lot and offers approximately 2,156 sq. ft. of beautifully designed living space featuring 3 spacious bedrooms,2.5 bathrooms, a bright open-concept great room, an eat-in kitchen, a Muskoka room, mudroom/laundry area. covered front porch. Expansive windows provide breathtaking panoramic views and fill the home with natural light, while elegant modern finishes, neutral tones, and quartz countertops add sophistication throughout. Enjoy outdoor living with a large deck, walkout access, and proximity to scenic walking trails and the lake, just one minute away. Residents enjoy access to a remarkable 900-acre private nature preserve ideal for hiking, biking, skiing, kayaking, canoeing, and year-round outdoor activities. The upcoming SignatureClub, opening Spring 2026, will feature premium resort-style amenities, including an infinity pool overlooking a tranquil lake. Conveniently located only 6 minutes from Dwight Beach and Lake of Bays, and 20 minutes to downtown Huntsville, this property offers the perfect combination of luxury, privacy, and accessibility. The monthly maintenance fee of $170 include property management, shared area insurance, road snow clearing, and centralized garbage collection. Property serviced by well and septic, and forms part of Muskoka Vacant Land Condominium Corporation No. 101.Extra beautiful deck, Approx 12x30ft.
Property details
Overview
- Property Type
- Detached Condo
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 1,800 sqft
Interior
- Bedrooms
- 3
- Bathrooms
- 3
- Kitchens
- 1
- Basement
- Unfinished, Walk-Out
Building & Systems
- Heating
- Forced Air (Propane)
- Cooling
- Central Air
- Exterior
- Vinyl Siding
Lot & Parking
- Parking
- None garage · 8 total
Financial
- Property Taxes
- $2,936 (2025)
- Condo Fee
- $170/mo
- Fee Includes
- Parking Included, CAC Included
- Pets
- Yes-with Restrictions
Location
- Neighbourhood
- Franklin
- Cross Street
- HWY 60 & Echo Hills Rd
Listing
- MLS® Number
- X13210062
- Days on Market
- 143
- Listed On
- 2026-05-28
- Possession
- 30 TO 90 DAYS
- Listed By
- RE/MAX GOLD REALTY INC.
Rooms
Features
Interior
- Carpet Free
- Included
- Stainless Steel Fridge, Stainless Steel Stove, Dishwasher, Microwave,1 extra fridge, allcameras, Brand new barbecue, fire pit, Family room 65" Smart TV, Custom-made sofas & PremiumFurniture.All the decoration and crockery. Top quality Generac Generator.
- Rental items
- Water Filter & Water Tank.
Mortgage calculator
Estimated mortgage payment
$4,645 per month
- Principal and interest
- $4,645
- Property tax
- $245
- Condo fees
- $170
- Estimated monthly cost
- $5,059
Your mortgage
- Mortgage amount
- $839,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $554,224
Cash to close
- Down payment
- $209,800
- Land transfer tax
- $17,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $227,255
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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