$1,950,000
Est. payment $8,634/moCalculate yours
42 Todholm Drive Todholm Drive, Muskoka Lakes, ON P0B 1J0
Medora, Muskoka Lakes, ON P0B 1J0
- 5 Beds
- 3 Baths
- 1 Garage
- 1,500 Sq Ft
Listing courtesy of SAVE MAX REAL ESTATE INC. MLS® X13710672
About this home
Beautiful Unique “A” shaped cottage fully renovated and located in the heart of Muskoka cross from Hanna park and beach. This property offer a large waterfront with a beautiful recently constructed dock with a 700 square feet double deck right on the water. Room for a boat to be covered and stay dry. The glass railing on the deck gives you great space for just enjoying or having a great get together. Being right in town enjoy the shopping for all your needs. The “A” shape will provide you tons and tons of sunlight. The newly renovated kitchen gives you tons of space to cook. The loft on the second floor is beautiful space that gives you scenic views of the waterfront through the “A” shaped windows. Seeing is believing. The Septic system was was replaced in August 2023. Both Septic and Double deck with dock done with City permits. Landscaping done with Muskoka Stone with a fire pit. 3000 square feet gives a large family tons of room. Short term rental can make a great investment to your portfolio. Capable of bringing a cap rate of 18 percent. At present bringing in 10 percent. This property can offer great times and be a great investment. Cap Rate of over 10 percent. Will make it nice retirement property. Force air furnace and air conditioning and Generator are 4 years old. All the furniture is included which is 6 years old. **EXTRAS** Fridge, Built in countertop electric stove, Built in oven, Built in Microwave, Built in Dishwasher, Washer and Dryer. Electrical fixtures. 24 Kwatt Generator. 6 persons Hot tub. Tesla Charger. Will get it in perfect condition as all updates will be completed as per buyer choice. Turn key.
Property details
Overview
- Property Type
- Detached
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 31-50
- Size
- 1,500 sqft
Interior
- Bedrooms
- 5
- Bathrooms
- 3
- Kitchens
- 1
- Basement
- Finished with Walk-Out
Building & Systems
- Heating
- Forced Air (Propane)
- Cooling
- Central Air
- Exterior
- Wood
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Septic
Lot & Parking
- Lot Size
- 212 x 168 Feet
- Parking
- Detached garage · 7 total
- Zoning
- Residential
Financial
- Property Taxes
- $6,200 (2025)
Location
- Neighbourhood
- Medora
- Cross Street
- Foreman Road and Hwy 118 west
- Direction Faces
- South
Listing
- MLS® Number
- X13710672
- Days on Market
- 54
- Listed On
- 2026-08-25
- Possession
- 30 to 90 days
- Listed By
- SAVE MAX REAL ESTATE INC.
Rooms
Features
Interior
- Countertop Range
- Generator - Full
- Propane Tank
- Suspended Ceilings
Pool
- None
- Included
- All appliances and all the furniture inside and outdoor. Most of 6 years old.
- Rental items
- Furance and Air conditioner
Mortgage calculator
Estimated mortgage payment
$8,634 per month
- Principal and interest
- $8,634
- Property tax
- $517
- Condo fees
- $0
- Estimated monthly cost
- $9,151
Your mortgage
- Mortgage amount
- $1,560,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $1,030,253
Cash to close
- Down payment
- $390,000
- Land transfer tax
- $35,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $425,475
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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