5 - 1062 Pennwood Road
Muskoka Lakes, ON
- 5 bed
- 3 bath
- approx. 1500-2000 sqft
- Detached
- 158 days on market
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.
Listing Details
- Taxes (2025)
- $5,916
- Originally Listed
- $2,949,000
- Listed
- April 15, 2026
Price History
Property
- Style
- Bungalow-Raised
- Age
- 0-5
- Construction
- Shingle, Wood
- Roof
- Asphalt Shingle
- Foundation
- Insulated Concrete Form, Poured Concrete, Slab
- Interior
- Air Exchanger, ERV/HRV, On Demand Water Heater, Sewage Pump, Storage
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 6
Utilities
- Water
- Drilled Well, Sediment Filter
- Sewer
- Septic
- Heat Source
- Electric
Location & Legal
- Cross Street
- Pennwood Rd / Hwy 118
- Zoning
- WR5-R & WR5
- Parcel Number
- 481570619
- Possession
- 30-59 days
- Occupancy
- Owner
Included
- Inclusions
- Refrigerator, stove, dishwasher, microwave upstairs, paddle boat, gazebo, flagstone for path, tv wall mounts (2)
- Exclusions
- Downstairs refrigerator, canoe, kayaks, sea can, antique workbench/kitchen island, dock whips,
- Rental Items
- None
Waterfront
- Water Body
- Lake Muskoka
- Shoreline
- Shallow, Sandy, Deep
- Docking
- Private
Property Insights
AI-generated from listing photos. Not professional advice.
Community
Postal area P0B
- Population
- 9,589
- Private dwellings
- 8,951
- Median age
- 53.2
- Average household size
- 2.3
- Median household income
- $90,000
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
3-piece on Main, 2 × 4-piece on Main
Main
- Bathroom7'4" x 4'8"
- Bathroom8' x 11'
- Bedroom9'9" x 12'9"
- Dining Room13'9" x 10'5"
- Kitchen13'8" x 14'5"
- Living Room23' x 17'5"
- Primary Bedroom13'7" x 13'3"
Lower
- Bathroom4'10" x 8'9"
- Bedroom13'7" x 11'10"
- Bedroom13'3" x 12'1"
- Office13'2" x 12'
- Recreation22'11" x 21'4"
Listed by
Royal LePage Lakes Of Muskoka - Clarke Muskoka Realty
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$519,800
Estimated Monthly Payment
$12,768
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
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $12,768/mo (20% down, 5.5%)
Taxes: $493/mo · Insurance: $650/mo
Estimates only. Consult a financial advisor.
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