1158 Shea Road, Unit 17, Muskoka Lakes, ON

$949,000
MLS#:X13513586
4 beds
2 baths
1100-1500 sqft
6.0 parking
Residential Freehold
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Added:Jul 2, 2026(58 days ago)
Updated:Aug 13, 2026(16 days ago)
Last Checked:15 minutes ago

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Watt. Expertly crafted featuring premium board & batten construction, this residence presents an exceptional opportunity offered at $949,000 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.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 101 x 177.3 ft lot
  • Features a finished with walk-out, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: Bar Fridge, Primary Bedroom - Main Floor, Propane Tank
  • equipped with central air central cooling and highly efficient forced air heating via electric

Description

Waterfront cottage on Three Mile Lake offering over 2,500 sq. ft. of finished living space, with 4 bedrooms and 2 full bathrooms. The upper-level living room captures panoramic lake views, while the walkout lower level provides additional space for family gatherings and entertaining. The well-equipped kitchen, forced-air heating, and security system add to the property's year-round comfort and functionality.Outside, the property features a circular driveway, firepit area, and a new dock, with easy access to the shoreline for swimming, boating, fishing, and enjoying life on the lake. Situated on a municipally maintained road, the cottage offers convenient year-round access.This fully winterized cottage has been meticulously maintained by its current owners, with significant infrastructure improvements completed over the years, including a new well (2026), along with updates to the septic system, front windows, and dock. With solid fundamentals and generous living space, the property is well suited for buyers looking to personalize the interior while benefiting from a well-cared-for waterfront home.Adding to its character, the original cottage was constructed as a classic Panabode. Prior to the current owners purchasing the property in 1990, the previous owner completed a substantial two-storey lakeside addition, expanding the home and creating the spacious lake-facing living areas enjoyed today. This thoughtful evolution blends the timeless appeal of the original Panabode with the functionality and space expected in a modern family cottage.A well-maintained waterfront property offering sunset exposure, ample finished living space, quality infrastructure, and a unique history on one of Muskoka's most beautiful lakes. Fun fact: Three Mile Lake is known for excellent fishing, with walleye (pickerel), smallmouth and largemouth bass, and yellow perch. It's also a popular destination for ice fishing in the winter.

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Property Summary

This detached home located at 1158 Shea Road, Muskoka Lakes is currently for sale and has been available on SousaSells for 58 days. This property is listed at $949,000 with an estimated mortgage of $3,159* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 1158 Shea Road, Muskoka Lakes is in the Watt neighborhood.

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

Yes! Featuring 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Watt, Muskoka Lakes.

Highly Recommended for Families
What We Love About This Home
  • •4 spacious bedroom layout offering versatile living space
  • •2 well-appointed bathrooms
  • •1100-1500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Watt, Muskoka Lakes.

Target Buyer Match

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
AddedJul 2, 2026 (58 days ago)
UpdatedAug 13, 2026 (16 days ago)
Last Checked15 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBoard & Batten
BasementFinished with Walk-Out, Full
Lot Size101 Ă— 177.3 Feet
CountyMuskoka
Annual Tax$3,516
Legal DescriptionPT LT 14 CON 6 WATT PT 1 RD742, T/W DM242154; S/T INTEREST IN DM242154; MUSKOKA LAKES

Parking & Garage

Parking Total6.0
Parking Space6
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Lake Access
  • Lake/Pond
  • Marina
  • Sloping
  • Waterfront
  • Wooded/Treed

Interior Features

  • Bar Fridge
  • Primary Bedroom - Main Floor
  • Propane Tank
  • Storage
  • Sump Pump
  • Water Heater
  • Water Treatment

Security Features

  • Alarm System

Community Features

None listed

Frequently Asked Questions about 1158 Shea Road, Unit 17, Muskoka Lakes, ON

Q.What is the asking price for 1158 Shea Road, Unit 17, Muskoka Lakes, ON ?

The current listing price for 1158 Shea Road, Unit 17, Muskoka Lakes, ON in Watt, Muskoka Lakes is $949,000.

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

This property features 4 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.

Q.What property type and architectural style is 1158 Shea Road, Unit 17, Muskoka Lakes, ON ?

1158 Shea Road, Unit 17, Muskoka Lakes, ON is a Detached (Bungalow) featuring a Finished with Walk-Out, Full basement.

Q.What key property features does 1158 Shea Road, Unit 17, Muskoka Lakes, ON offer?

Key property features include: Lake Access, Lake/Pond, Marina, Sloping, Waterfront, Wooded/Treed.

Q.What interior features are included in this home?

Interior highlights include: Bar Fridge, Primary Bedroom - Main Floor, Propane Tank, Storage, Sump Pump, Water Heater, Water Treatment.

Q.What security features are installed at 1158 Shea Road, Unit 17, Muskoka Lakes, ON ?

Security features include: Alarm System.

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.

Location

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1158 Shea Road, Unit 17, 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–Ľ 6%

Improving vs previous year

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

Formula: (Annual Occurrences / Population) Ă— 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 1158 Shea Road 17, Muskoka Lakes, ON P0B 1M0

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$284,700 (30.0%)
* Minimum Canadian down payment required for this price is $69,900.
Amortization Period30 Years
Estimated Monthly Payment$3,159Based on a loan of $664,300 over 30 years.
Purchase Price$949,000
Loan Amount$664,300
Provincial Land Transfer Tax:$15,455
Total Estimated Closing Taxes:$15,455

About Purchasing a Home in Muskoka Lakes, ON

For a property listed at $949,000 in Muskoka Lakes, the legal minimum down payment is $69,900 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 $15,455 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 $15,455.

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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%

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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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