Gurvinder Nokwal REALTOR®
For Sale Detached 38 days on market

$1,449,000 ↓ $50,000 from $1,499,000

Est. payment $6,416/moCalculate yours

1062 Pennwood Road 3, Muskoka Lakes, ON P0B 1J0

Medora, Muskoka Lakes, ON P0B 1J0

  • 2 Beds
  • 1 Baths

Listing courtesy of Harvey Kalles Real Estate Ltd. MLS® X13764786

About this home

Updated cottage retreat situated at the mouth of Lake Muskoka and minutes from Port Carling! Enjoy long sun-filled days on this the south-west facing enchanting property, ideally located on the Lake Muskoka side of the Indian River with 185′ of frontage (assessed), providing easy access to the sparkling waters of Lake Muskoka, Lake Rosseau and Lake Joseph. The main cottage features 2 bedrooms and a full bathroom, recently updated to provide a fresh, contemporary feel. Ready for immediate enjoyment the cottage has new flooring throughout, an upgraded kitchen, complemented by stylish Emtek hardware and new laundry area. Every detail has been meticulously attended to, including winterizing for use throughout the seasons. Just steps away, the charming bunkie offers extra sleeping quarters for 6 with a 2pc bath, perfect for guests, teens or family gatherings. The bunkie boasts new flooring and lighting and private deck space. The impressive 2-storey boathouse not only houses your watercraft but also features comfortable accommodations above, complete with 2 bedrooms, a 3pc bath, and a refreshed kitchen. The boathouse has been thoughtfully updated with new flooring, lighting, and hardware, and freshly painted interiors create a warm and welcoming atmosphere. All three buildings have been freshly painted on the exterior to match, boasting new roofs that enhance the overall appeal. This turn-key opportunity comes lavishly furnished with high-end decor, allowing you to enjoy your new oasis immediately. Picture yourself unwinding on the boathouse deck, or the large lakeside fire pit, taking in the lively surroundings of Port Carling while having direct access to boating adventures across ‘The Big 3’. Whether you prefer a leisurely boat ride or a scenic drive, you are perfectly positioned to explore the area. Don’t miss your chance to experience this exceptional property where updates and location come together to create the ultimate cottage that you can enjoy right away.

Property details

Overview

Property Type
Detached
Style
Bungalow
For
For Sale
Status
Price Change
Size
< 700 sqft

Interior

Bedrooms
2
Bathrooms
1
Kitchens
1
Basement
Crawl Space, Partial Basement

Building & Systems

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

Lot & Parking

Lot Size
185 x 328 Feet
Parking
None garage · 4 total
Zoning
WR5-R

Financial

Property Taxes
$4,513 (2026)

Location

Neighbourhood
Medora
Cross Street
118W / Pennwood Road
Direction Faces
West

Listing

MLS® Number
X13764786
Days on Market
38
Listed On
2026-09-10
Possession
Flexible
Listed By
Harvey Kalles Real Estate Ltd.

Rooms

Room Level Dimensions
Living Room In Between 13′ 1″ × 11′ 11″
Kitchen In Between 4′ 4″ × 6′ 3″
Bathroom Flat 4′ 1″ × 4′ 1″
Bedroom Main 8′ 0″ × 6′ 7″
Bathroom Main 4′ 11″ × 7′ 2″
Bathroom In Between 3′ 11″ × 6′ 3″
Kitchen Main 16′ 2″ × 10′ 1″
Bedroom Main 7′ 1″ × 6′ 7″
Living Room Main 13′ 10″ × 17′ 4″
Bedroom Flat 20′ 2″ × 11′ 9″
Laundry Main 4′ 9″ × 9′ 10″

Features

Interior

  • Guest Accommodations

Property

  • Lake/Pond
  • Waterfront
  • Wooded/Treed

Pool

  • None
Included
See chattels list
Excluded
Boat lift

Mortgage calculator

Minimum for this price: $119,900 (8.27%)

Amortization, years

Estimated mortgage payment

$6,416 per month

Principal and interest
$6,416
Property tax
$376
Estimated monthly cost
$6,792

Your mortgage

Mortgage amount
$1,159,200
Mortgage insurance
Not needed
Interest over 25 years
$765,558

Cash to close

Down payment
$289,800
Land transfer tax
$25,455
Total, before legal fees
$315,255
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

1062 Pennwood Road 3, Muskoka Lakes, ON P0B 1J0 Medora, Muskoka Lakes, ON P0B 1J0
Open in Google Maps

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).

$1,449,000 1062 Pennwood Road 3, Muskoka Lakes, ON P0B 1J0
Request a showing