$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
Features
Interior
- Guest Accommodations
Property
- Lake/Pond
- Waterfront
- Wooded/Treed
Pool
- None
- Included
- See chattels list
- Excluded
- Boat lift
Mortgage calculator
Estimated mortgage payment
$6,416 per month
- Principal and interest
- $6,416
- Property tax
- $376
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $315,255
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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