Gurvinder Nokwal REALTOR®
For Sale Detached 54 days on market

$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

Room Level Dimensions
Bedroom 3 Ground 11′ 8″ × 9′ 5″
Kitchen Ground 22′ 1″ × 20′ 5″
Bedroom 2 Ground 15′ 6″ × 15′ 8″
Great Room Basement 25′ 0″ × 30′ 0″
Bedroom 4 Basement 18′ 6″ × 10′ 0″
Bedroom Second 15′ 0″ × 11′ 5″
Living Room Ground 18′ 6″ × 21′ 8″
Bedroom 5 Basement 10′ 1″ × 15′ 7″

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

Minimum for this price: $390,000 (20%)

Amortization, years

Estimated mortgage payment

$8,634 per month

Principal and interest
$8,634
Property tax
$517
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
Total, before legal fees
$425,475
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

42 Todholm Drive Todholm Drive, Muskoka Lakes, ON P0B 1J0 Medora, Muskoka Lakes, ON P0B 1J0
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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).

$1,950,000 42 Todholm Drive Todholm Drive, Muskoka Lakes, ON P0B 1J0
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