1018 Cove Road, Unit 7, Muskoka Lakes, ON

$350,000
MLS#:X13421090
0 beds
0 baths
Residential Freehold
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Added:Jun 9, 2026(81 days ago)
Updated:Jun 9, 2026(81 days ago)
Last Checked:14 minutes ago

Property Highlights

Welcome to this remarkable vacant land located in the coveted neighborhood of Watt. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $350,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Spacious lot size measured in Feet

Description

Set on the shores of sought-after Three Mile Lake, this pictureesque 1-acre waterfront property offers approximately 314 feet of south facing frontage and exceptional privacy in a peaceful natural setting. The lot features a gently cleared building area surrounded by mature trees, creating the perfect canvas for a custom cottage or year round home. Enjoy expansive lake views, calm shoreline access and endless opportunities for boating, swimming and fishing on one of Muskoka's largest and most desirable lakes. Located on a municipally maintained road and within easy reach of Huntsville and Bracebridge, the property offers a rare balance of seclusion and convenience. Whether you envision a luxury cottage retreat or a quiet lakeside escape, this beautiful waterfront parcel is ready to bring your vision to life.

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This vacant land located at 1018 Cove Road, Muskoka Lakes is currently for sale and has been available on SousaSells for 81 days. This property is listed at $350,000 with an estimated mortgage of $1,165* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 1018 Cove Road, Muskoka Lakes is in the Watt neighborhood.

Work with the SOUSA TEAM to unlock your .

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Watt, Muskoka Lakes.

Great for Small Household / Couples
What We Love About This Home
  • •Desirable Vacant Land architecture in Watt, Muskoka Lakes
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

000
Property Type
Residential Freehold

Additional Details

StatusActive
AddedJun 9, 2026 (81 days ago)
UpdatedJun 9, 2026 (81 days ago)
Last Checked14 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
CountyMuskoka
Annual Tax$944
Legal DescriptionPT LT 6 CON 7 WATT; PT RDAL IN FRONT OF LT 6 CON 7 WATT CLOSED BY DM247263, PT 3-5 RD837 & PT 1 35R13402, T/W DM145814; MUSKOKA LAKES

Parking & Garage

Heating & Cooling

Features

Property Features

  • Waterfront

Interior Features

None listed

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 1018 Cove Road, Unit 7, Muskoka Lakes, ON

Q.What is the asking price for 1018 Cove Road, Unit 7, Muskoka Lakes, ON ?

The current listing price for 1018 Cove Road, Unit 7, Muskoka Lakes, ON in Watt, Muskoka Lakes is $350,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 0 bedrooms and 0 bathrooms.

Q.What property type and architectural style is 1018 Cove Road, Unit 7, Muskoka Lakes, ON ?

1018 Cove Road, Unit 7, Muskoka Lakes, ON is a Vacant Land () featuring a basement.

Q.What key property features does 1018 Cove Road, Unit 7, Muskoka Lakes, ON offer?

Key property features include: Waterfront.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via .

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Location

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1018 Cove Road, Unit 7, Muskoka Lakes, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Watt, Muskoka Lakes

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–¼ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1018 Cove Road 7, Muskoka Lakes, ON P0B 1J0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Muskoka Lakes.

Configure Loan Settings

Interest Rate4.00%
Down Payment$105,000 (30.0%)
* Minimum Canadian down payment required for this price is $17,500.
Amortization Period30 Years
Estimated Monthly Payment$1,165Based on a loan of $245,000 over 30 years.
Purchase Price$350,000
Loan Amount$245,000
Provincial Land Transfer Tax:$3,725
Total Estimated Closing Taxes:$3,725

About Purchasing a Home in Muskoka Lakes, ON

For a property listed at $350,000 in Muskoka Lakes, the legal minimum down payment is $17,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $3,725 for this transaction. As this listing is in Muskoka Lakes (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $3,725.

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Watt, Muskoka Lakes Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Watt, Muskoka Lakes.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,789,423

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Watt, Muskoka Lakes

Elementary Schools

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Secondary Schools

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Watt, Muskoka Lakes Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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