$ 290,000
1040 River Street
Aerial view of a detached house surrounded by trees in autumn colors. - 1040 River Street, Muskoka Lakes
47 Photos
Aerial view of a residential area with houses and trees displaying autumn foliage. - 1040 River Street, Muskoka Lakes
Aerial view of a town with a lake and surrounding forest in the fall. - 1040 River Street, Muskoka Lakes
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1040 River Street, Muskoka Lakes

Bring your vision to Bala. Set on a lovely road in the heart of this charming Muskoka community, this 3-bedroom, 1-bathroom home is ready for its next chapter. The house needs significant updating, but it has been completely cleared out, giving you a clean slate to see the possibilities and get straight to work. The single-storey layout offers three bedrooms, one bathroom and practical living space, with an unfinished basement providing additional storage and utility space. The home is heated by a forced-air oil furnace and sits on a nicely sized lot with room to rethink, refresh and make it your own. For renovators, investors, or buyers looking for a project, this property offers an opportunity to transform an existing home in one of Muskoka's most beloved small communities. Whether you are imagining a refreshed full-time residence, an investment project or exploring options to meet a local housing need, there is plenty of potential here. This is not a move-in-ready home, and that is exactly the point. It is a chance to start with a blank canvas, bring your ideas to life and create something special in Bala. (id:1945)
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Property details for 1040 River Street, Muskoka Lakes

Type
Residential
Style
Raised bungalow
Bedrooms
3
Bathrooms
1
Lot Size
155 x 167 FT
Stories
1
Basement
Unfinished, Full
Parking
Carport, No Garage
Heating
Forced air, Oil
Cooling
None
Exterior
Wood
Ownership
Freehold
Annual Taxes
$1,758 (2025)

Nearby Listings Stat

Estimated price and comparable properties near 1040 River Street

Active Listings
1
Min Price
$290,000
Max Price
$290,000
Avg Price
$290,000
Days on Market
0
days
Sold Listings
1
Min Sold Price
$949,000
Max Sold Price
$949,000
Avg Sold Price
$949,000
Days until Sold
21
days

Neighbourhood Census Data

Muskoka Lakes, Ontario

Population
533
Median Age
59.2
Median Income
$34,603
Dwelling Value
$499,981

Housing Tenure

Owners 90%
Renters 9%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.9
Pop. Density: 3.3/km²
Avg Shelter Cost: $1,072/mo
Owners with Mortgage: 42.6%
Owners Spending 30%+: 18.5%
Tenants Spending 30%+: 0%
English only: 95.3%
English and French: 3.7%
Median Household Income: $66,048
Median Employment Income: $20,045

Price History

Listed
October 1, 2026
by Forest Hill Real Estate Inc.
Current Price
$290,000
Type
Residential
For Sale
1040 River Street

Contact Agent Get in touch about 1040 River Street, Muskoka Lakes

HEATHER SCOTT
HEATHER SCOTT
Forest Hill Real Estate Inc.

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