1062 Pennwood Road, Unit 5, Muskoka Lakes, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Medora. Expertly crafted featuring premium shingle and wood construction, this residence presents an exceptional opportunity offered at $2,599,000 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.
- 5 Bedrooms and 3 Bathrooms
- Generous living space spanning 1500-2000 sqft on a spacious lot (Feet)
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: Air Exchanger, ERV/HRV, On Demand Water Heater
- equipped with central air central cooling and highly efficient forced air heating via electric
Description
Welcome to effortless four-season Muskoka living on the Indian River, where thoughtful design, modern comfort, and a truly exceptional setting come together. Built in 2023 to net-zero/LEED standards, this fully winterized 4-bedroom cottage combines energy efficiency with low-maintenance materials, making year-round enjoyment easy. Positioned along the Indian River, the gateway to Lake Muskoka, this property offers the best of Muskoka at your doorstep. Cruise by boat to Port Carling and beyond, or enjoy the convenience of reaching town by car, with easy access to Muskoka's Big Three lakes. The west-facing setting provides beautiful afternoon light and peaceful sunset views, framed by mature trees and classic Muskoka rock outcroppings.Inside, generous bedrooms and expansive principal rooms create plenty of space for family and friends to gather, relax, and stay awhile. The walkout design seamlessly connects the home to the outdoors, while the level driveway-to-deck access makes arriving and enjoying the property wonderfully convenient.Beautifully finished and completely move-in ready, this is a modern Muskoka retreat designed for spending less time on upkeep and more time enjoying the lake, the outdoors, and the people who matter most.
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Property Summary
This detached home located at 1062 Pennwood Road, Muskoka Lakes is currently for sale and has been available on SousaSells for 136 days. This property is listed at $2,599,000 with an estimated mortgage of $8,651* per month. It has 5 beds, 3 bathrooms, and is 1500-2000 square feet. 1062 Pennwood Road, Muskoka Lakes is in the Medora neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Medora, Muskoka Lakes.
- •5 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Medora, Muskoka Lakes.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- River/Stream
- Lake Access
Interior Features
- Air Exchanger
- ERV/HRV
- On Demand Water Heater
- Sewage Pump
- Storage
Security Features
- Carbon Monoxide Detectors
- Smoke Detector
Community Features
None listed
Frequently Asked Questions about 1062 Pennwood Road, Unit 5, Muskoka Lakes, ON
Q.What is the asking price for 1062 Pennwood Road, Unit 5, Muskoka Lakes, ON ?
The current listing price for 1062 Pennwood Road, Unit 5, Muskoka Lakes, ON in Medora, Muskoka Lakes is $2,599,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 1062 Pennwood Road, Unit 5, Muskoka Lakes, ON ?
1062 Pennwood Road, Unit 5, Muskoka Lakes, ON is a Detached (Bungalow-Raised) featuring a Finished with Walk-Out basement.
Q.What key property features does 1062 Pennwood Road, Unit 5, Muskoka Lakes, ON offer?
Key property features include: River/Stream, Lake Access.
Q.What interior features are included in this home?
Interior highlights include: Air Exchanger, ERV/HRV, On Demand Water Heater, Sewage Pump, Storage.
Q.What security features are installed at 1062 Pennwood Road, Unit 5, Muskoka Lakes, ON ?
Security features include: Carbon Monoxide Detectors, Smoke Detector.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via Central Air.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Medora, Muskoka Lakes
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
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.
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.
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 1062 Pennwood Road 5, Muskoka Lakes, ON P0B 1J0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Muskoka Lakes, ON
For a property listed at $2,599,000 in Muskoka Lakes, the legal minimum down payment is $519,800 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 $51,450 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 $51,450.
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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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