$ 179,000

Fractional Cottage with Private Hot Tub on Lake Joseph in Muskoka Lakes

Property details for Water's Edge W1 - 3876 Muskoka Rd 118 Highway W, Muskoka Lakes

Type
Residential
Bedrooms
3
Bathrooms
4
Stories
2
Basement
Unfinished, N/A
Parking
No Garage
Heating
Forced air, Propane
Cooling
Central air conditioning
Exterior
Vinyl siding
Ownership
Condo/Strata
Condo Fee
$1,323 / Monthly

It's a fractional ownership deal at The Muskokan Resort, so you get a guaranteed summer week plus four more weeks each year for $189,000. This detached 3-bed, 4-bath cottage sleeps up to 10 with two pull-out couches and has a private hot tub right by the lake. Photos show vinyl siding, a 2-story layout with a main-level living room and kitchen, plus an unfinished basement with extra bedrooms and bathrooms. You'll find forced air propane heating and central AC. There's no garage, but parking for 2 cars. The resort covers 36 acres and includes 725 feet of shoreline, a sand beach, an outdoor pool, tennis courts, a gym, a sauna, a games room, a theatre, and a library. Rebecca's Casual Fine Dining is 1.6 km away, and Oliver's Coffee is 1.8 km. Pets aren't allowed. It's a condo/strata setup with no annual tax, so maintenance is handled for you.

About Water's Edge W1 - 3876 Muskoka Rd 118 Highway W, Muskoka Lakes — Property Score

68
Feature Rich Great Location Well Priced
Score: 68/100
Value
75
Priced 77.7% below area median of $848,000 based on 19 comparable properties nearby 100
Stable pricing - no price changes since original listing date 50
Size
66
3 bedrooms - typical for similarly priced homes 60
4 bathrooms - 1 more than similarly priced properties nearby 72
Location
80
$82K median household income - above the Canadian average of $70K 71
85% of residents hold postsecondary credentials - a highly educated neighbourhood 92
87% homeownership rate - indicating a stable, owner-occupied community 91
78% of residents commute under 30 minutes - excellent commuter accessibility 92
6/km² population density - a rural or semi-rural setting 55
Market
47
Just listed - area average is 27 days on market 100
-34.8% median price change over 1 month - declining prices in the area 1
22 months of housing supply - 22 active listings with 1 sold last month (buyer's market) 40
Features
82
2-car garage - area average is 7.6 spots 80
Unfinished, N/A basement - adds valuable living space 85
standard forced air system 75
Central air conditioning - whole-home cooling 90
Waterfront, View - premium features that add significant value 80
Investment
72
0% effective tax rate ($0/yr) - very low tax burden 100
12% renter population - primarily owner-occupied area 44
Quality
50
Condition
50
Listing
80
40 photos provided - 14% more than the area average of 35 photos 92
4 of 7 key property details provided (57%) - some key property details missing 67

* 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.

Full Listing Description

All Property Details

Neighbourhood Census Data

Muskoka Lakes, Ontario

Population
683
Median Age
56.9
Median Income
$40,448
Dwelling Value
$500,539

Housing Tenure

Owners 87%
Renters 12%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.2
Pop. Density: 6.4/km²
Avg Shelter Cost: $1,354/mo
Owners with Mortgage: 40%
Owners Spending 30%+: 21.7%
Tenants Spending 30%+: 80%
English only: 93.4%
English and French: 6.6%
Median Household Income: $82,176
Median Employment Income: $30,592

Price History

Contact Agent Get in touch about Water's Edge W1 - 3876 Muskoka Rd 118 Highway W, Muskoka Lakes

LEA REPRICH
LEA REPRICH
Bracebridge Realty

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