5-Bed Muskoka Waterfront with 234ft on Peninsula Lake

Property details for 577 Canal Road, Huntsville

Type: Residential
Bedrooms: 5
Bathrooms: 4
Lot Size: 234 x 984 FT
Stories: 1.5
Basement: Full, Partial, Walk out, N/A
Parking: Detached Garage, Garage
Heating: Heat Pump, Forced air, Other
Cooling: Central air conditioning
Exterior: Wood
Ownership: Freehold
Annual Taxes: $12,638

This is a big one. 5 acres of treed land with 234 feet of frontage on Peninsula Lake, and a 1.5-storey house that's been around a while but has serious character. You'll find 5 bedrooms and 4 bathrooms spread across three levels, plus a triple-car garage that's about 1,200 sq. ft. and heated. Main floor has vaulted ceilings in the living room, a granite fireplace, and a wall of windows facing the water. There's a sunroom right off the living room, and the kitchen has tons of cabinets and counter space. Primary suite sits on the main floor with a walk-in closet and ensuite. Upstairs, you get 3 more bedrooms and a rec room. Lower level is where it's at for entertaining: a big rec room with another fireplace, a wet bar, wine storage, and even a bedroom and full bath. Outside, a trail leads down to the lake with a dock and boat port. Location is killer: you can boat 40 miles into downtown Huntsville, and Deerhurst Resort is less than a kilometre away. It's an estate sale, so it's being sold 'as is' - but for $2,899,000, you're getting a real Muskoka estate. Taxes are about $12,638 a year. There's a drilled well, septic, central air, and a backup generator. Detached garage is a huge bonus. If you're looking for space, privacy, and water access, this is it.

About 577 Canal Road, Huntsville — Property Score

Feature Rich Great Location

Score: 61/100

Value

Priced 158.3% above area median of $1,122,500 based on 40 comparable properties nearby 1

Stable pricing - no price changes since original listing date 50

Size

5 bedrooms - 1 more than similarly priced 4-bedroom homes nearby 72

4 bathrooms - typical for similarly priced properties 60

230,256 sqft lot - an oversized lot for the area 90

Location

$89K median household income - above the Canadian average of $70K 74

84% of residents hold postsecondary credentials - a highly educated neighbourhood 91

97% homeownership rate - indicating a stable, owner-occupied community 98

69% of residents commute under 30 minutes - excellent commuter accessibility 85

26/km² population density - a rural or semi-rural setting 55

Market

Just listed - area average is 24 days on market 100

-30.7% median price change over 1 month - declining prices in the area 1

36 months of housing supply - 108 active listings with 3 sold last month (buyer's market) 40

Features

10-car garage - more than the area average of 7.1 spots 95

Full, Partial, Walk out, N/A basement - potential for additional finished space 70

standard forced air system 75

Central air conditioning - whole-home cooling 90

2 fireplaces - a desirable feature for Canadian winters 85

Waterfront, View - premium features that add significant value 80

Investment

0.44% effective tax rate ($12,638/yr) - very low tax burden 87

3% renter population - primarily owner-occupied area 34

Quality

Condition

Listing

49 photos provided - 26% more than the area average of 39 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.