$1,599,000
Est. payment $7,080/moCalculate yours
7313 534 Highway, Parry Sound Remote Area, ON P0H 2R0
Restoule, Parry Sound Remote Area, ON P0H 2R0
- 5 Beds
- 4 Baths
- 2 Garage
- 2,500 Sq Ft
Listing courtesy of Re/Max Crown Realty (1989) Inc. MLS® X13523486
About this home
Welcome to luxury living on coveted Restoule Lake-an extraordinary 5-bedroom, 4-bath executive waterfront home offering over 4,000 sq. ft. of beautifully designed living space, soaring 10-foot ceilings, and more than 500 feet of spectacular shoreline. For buyers seeking premium waterfront living without Muskoka price tags, this remarkable property delivers exceptional value on one of Northern Ontario’s most desirable lakes. Designed to capture breathtaking lake views, the open-concept living, dining and kitchen area is highlighted by a dramatic wall of windows overlooking the water and flows seamlessly onto an impressive 60-foot deck with sleek glass railings-perfect for entertaining. The chef-inspired galley kitchen is built for everyday living and large gatherings alike, featuring double dishwashers, double wall ovens, two refrigerators, and a spacious walk-in pantry. The main level also offers a private office ideal for working from home, a bright three-season sunroom, and a convenient 3-piece bath. Upstairs you’ll find five spacious bedrooms, including a stunning primary retreat with walk-in closet, ensuite, and private balcony overlooking the lake. A second-floor laundry room and additional bath provide comfort and convenience for family and guests. The fully finished lower level offers exceptional space for relaxation and entertainment with a large recreation/games room, media area, and covered walkout leading directly to the patio and hot tub. Outside, enjoy a beautifully designed interlocking stone patio with fire pit and effortless access to the water from the impressive 50′ x 16′ floating dock just steps away. Experience the caliber of luxury waterfront living often associated with Muskoka, while enjoying greater privacy, expansive shoreline, and outstanding value on beautiful Restoule Lake.
Property details
Overview
- Property Type
- Rural Residential
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 2,500 sqft
Interior
- Bedrooms
- 5
- Bathrooms
- 4
- Kitchens
- 1
- Basement
- Finished with Walk-Out
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Wood , Stone
- Foundation
- Concrete Block
- Roof
- Metal
- Water
- Well
- Sewer
- Septic
Lot & Parking
- Lot Size
- 551.12 x 70 Feet
- Parking
- Carport garage · 8 total
- Zoning
- unorganized
Financial
- Property Taxes
- $4,300 (2026)
Location
- Neighbourhood
- Restoule
- Cross Street
- Hwy 534 & Beaudry Hill Rd
- Direction Faces
- West
Listing
- MLS® Number
- X13523486
- Days on Market
- 107
- Listed On
- 2026-07-03
- Possession
- Flexible
- Listed By
- Re/Max Crown Realty (1989) Inc.
Rooms
Features
Interior
- Built-In Oven
- Countertop Range
- ERV/HRV
- Generator - Partial
- Water Heater Owned
- Water Treatment
- Workbench
Property
- Lake/Pond
- Rec./Commun.Centre
- School Bus Route
- Waterfront
Pool
- None
- Included
- Kitchen Appliances - 2 Dishwashers, 2 Refrigerators, B/I Wall Ovens, Stove Cook Top, Washer, Dryer, Docking, Generator
- Excluded
- Personal items
- Rental items
- Propane Tank
Mortgage calculator
Estimated mortgage payment
$7,080 per month
- Principal and interest
- $7,080
- Property tax
- $358
- Condo fees
- $0
- Estimated monthly cost
- $7,438
Your mortgage
- Mortgage amount
- $1,279,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $844,808
Cash to close
- Down payment
- $319,800
- Land transfer tax
- $28,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $348,255
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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