Gurvinder Nokwal REALTOR®
For Sale Detached 137 days on market

$999,000

Est. payment $4,423/moCalculate yours

281 Stewart Lake Road, Georgian Bay, ON P0C 1H0

Freeman, Georgian Bay, ON P0C 1H0

  • 4 + 1 Beds
  • 1 Baths
  • 1 Garage
  • 1,500 Sq Ft

Listing courtesy of CV Real Estate MLS® X13237684

About this home

Nestled on the tranquil shores of Stewart Lake, this charming four-bedroom cottage/home offers a seamless blend of natural beauty and refined Muskoka living. Thoughtfully designed, the bright open-concept interior is filled with natural light from expansive windows, creating a warm and inviting atmosphere throughout. The kitchen and dining area feature a stunning vaulted ceiling, a spacious centre island, and a walkout to expansive decks overlooking the lake, perfect for entertaining or relaxing in a peaceful setting. The living room showcases serene water views and a propane fireplace, while the Muskoka room provides an ideal space for reading, games, or unwinding after a day on the lake. Each bedroom is designed with comfort in mind, offering a restful retreat for family and guests alike. Outdoors, enjoy a private waterfront with a sandy, walk-in shoreline and a newly built, expansive dock, perfect for swimming, lounging, and enjoying all that lake life has to offer. The flat, usable lot enhances the overall experience and includes a private hot tub and cedar barrel sauna, creating a true lakeside escape. Additional features include a detached garage for convenient storage, along with a charming bunkie and shed, offering flexibility for guests or additional space. Adding to the property’s long-term value, a new 5-bedroom septic system has just been installed, providing increased capacity and future flexibility. The property also offers excellent rental potential, with a pro-forma statement available outlining forecasted income, making this a compelling opportunity for both personal use and investment. Ideally located just minutes from the charming town of Mactier, this exceptional Stewart Lake offering presents a rare opportunity to own a refined Muskoka property with both lifestyle appeal and income upside.

Property details

Overview

Property Type
Detached
Style
Bungalow
For
For Sale
Status
New
Size
1,500 sqft

Interior

Bedrooms
4 + 1
Bathrooms
1
Kitchens
1
Basement
Crawl Space, Unfinished

Building & Systems

Heating
Baseboard (Electric)
Cooling
Window Unit(s)
Exterior
Vinyl Siding
Foundation
Brick
Roof
Shingles
Water
Other
Sewer
Septic

Lot & Parking

Lot Size
145 x 240 Feet
Parking
Detached garage · 5.5 total

Financial

Property Taxes
$3,769 (2025)

Location

Neighbourhood
Freeman
Cross Street
High Street & Stewart Lake Rd
Direction Faces
East

Listing

MLS® Number
X13237684
Days on Market
137
Listed On
2026-06-03
Possession
Flexible
Listed By
CV Real Estate

Rooms

Room Level Dimensions
Living Room Main 18′ 8″ × 11′ 0″
Foyer Main 17′ 6″ × 6′ 11″
Primary Bedroom Main 15′ 2″ × 11′ 11″
Sunroom Main 20′ 5″ × 11′ 2″
Dining Room - 17′ 6″ × 6′ 11″
Kitchen Main 12′ 6″ × 11′ 10″
Bedroom Main 9′ 5″ × 7′ 5″
Bedroom Main 12′ 2″ × 9′ 5″
Bedroom Main 15′ 11″ × 6′ 11″

Features

Interior

  • Generator - Full

Property

  • Golf
  • Waterfront

Pool

  • None
Included
Fully furnished and turn-key, including hot tub, cedar barrel sauna, outdoor patio furniture, and Generac generator, Muskoka chairs, water toys, kayak, canoe, paddle board, fridge and stove, dishwasher, wine fridge, washer and dryer, heat pump, all light fixtures, all window coverings. *Brand new 5 bedroom septic system with upgraded retaining wall scheduled.

Mortgage calculator

Minimum for this price: $74,900 (7.5%)

Amortization, years

Estimated mortgage payment

$4,423 per month

Principal and interest
$4,423
Property tax
$314
Estimated monthly cost
$4,737

Your mortgage

Mortgage amount
$799,200
Mortgage insurance
Not needed
Interest over 25 years
$527,807

Cash to close

Down payment
$199,800
Land transfer tax
$16,455
Total, before legal fees
$216,255
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

281 Stewart Lake Road, Georgian Bay, ON P0C 1H0 Freeman, Georgian Bay, ON P0C 1H0
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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).

$999,000 281 Stewart Lake Road, Georgian Bay, ON P0C 1H0
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