1465 Falkenburg Road
Muskoka Lakes, ON
- 3 bed
- 1 bath
- approx. 700-1100 sqft
- Detached
Set on a private and beautifully treed 2-acre parcel of land, this 3-bedroom bungalow offers an excellent entry-level opportunity for buyers looking to create value in a peaceful Muskoka setting, just 15 minutes from downtown Bracebridge. The property is surrounded by mature forest and features a fenced area ideal for pets, established gardens, two storage sheds, and a detached garage with workshop space. Inside, the home is fully livable and functional, with a practical layout, one full bath, and a primary bedroom with a walkout to a future deck or patio area. The unfinished walkout basement offers significant future potential for additional living space; buyers should note that water intrusion has occurred during snowmelt and periods of heavy rain and will require remediation, presenting a clear opportunity for improvement and customization. Heated by a newer propane forced-air furnace and priced well below comparable properties, this home is well suited for buyers seeking privacy, land, and the chance to improve and personalize a property over time.
Listing Details
- Taxes (2025)
- $1,942
- Originally Listed
- $449,000
- Listed
- February 9, 2026
Price History
Listing history
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Property
- Style
- Bungalow
- Construction
- Metal/Steel Siding, Wood
- Roof
- Metal
- Foundation
- Concrete Block
- Interior
- Primary Bedroom - Main Floor
- Lot Size
- 330 x 300 Feet
Parking
- Garage
- Detached
- Covered Spaces
- 1
- Total Parking
- 4
Utilities
- Sewer
- Septic
- Heat Source
- Propane
Location & Legal
- Cross Street
- Manitoba St. & Falkenburg Rd.
- Parcel Number
- 481610220
- Possession
- Flexible
- Occupancy
- Owner
Included
- Inclusions
- Fridge, Stove, Washer, Dryer.
Community
Postal area P1L
- Population
- 17,984
- Private dwellings
- 9,535
- Median age
- 51.2
- Average household size
- 2.3
- Median household income
- $86,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Muskoka Lakes · last 12 months
- Median sold price
- $885,000
- Homes sold
- 245
- Median days on market
- 28
- Sale-to-list price
- 93.8%
Based on 245 recorded sales of residential freehold properties in Muskoka Lakes over the last 12 months.
Rooms
4-piece
Main
- Bathroom7' x 7'6"
- Bedroom 27'10" x 10'8"
- Bedroom 310'4" x 7'4"
- Dining Room7'6" x 8'2"
- Kitchen9'8" x 8'2"
- Living Room16'1" x 13'5"
- Primary Bedroom12'2" x 10'7"
Listed by
Re/Max Professionals North
Walk Score
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Location
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Mortgage Calculator
$77,800
Estimated Monthly Payment
$1,911
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
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Mortgage: $1,911/mo (20% down, 5.5%)
Taxes: $162/mo · Insurance: $97/mo
Estimates only. Consult a financial advisor.
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