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1 Cedar Island

1 Cedar Island

Muskoka Lakes, ON

  • 2 bed
  • 1 bath
  • approx. 700-1100 sqft
  • Detached
$3,095,000

Imagine owning an entire island on Lake Muskoka, and having the freedom to create what comes next. Cedar Island is an extraordinary approx. 3.5 acre private island sanctuary, beautifully positioned within the prestigious West Beaumaris corridor and surrounded by the iconic landmarks of Old Woman and Stonewall Islands. Family held for over 130 years, this storied property presents a rare opportunity to take an exceptional natural setting and reimagine it as a completely bespoke Muskoka estate. The island's remarkable topography offers a collection of spectacular building sites amongst towering pine and hardwood forests, granite outcroppings and sandy shoreline. Sheltered coves invite morning swims, while rocky points capture sweeping lake vistas and dramatic sunset skies. With panoramic water views and exposures stretching from sunrise to sunset, Cedar Island offers an extraordinary foundation for a sophisticated new Lakehouse and private family compound. Three existing summer cottages offer a connection to the island's past, while the next owner has the opportunity to thoughtfully craft its future. Whether envisioned as a minimalist architectural retreat, an expansive multi-generational lake house or an intimate private sanctuary, there is an unparalleled sense of freedom that comes with owning the entire island. An opportunity for a Walker's Point slip offers easy mainland access while still being 2 hours from North Toronto. Rarely does Lake Muskoka present the opportunity to acquire an entire island with this much privacy, provenance and potential. Cedar Island is your blank canvas, and the chance to build something truly extraordinary.

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Listing Details

Taxes (2025)
$11,265
Listed
May 27, 2026

Price History

Listing history

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Property

Style
Other
Construction
Cedar, Metal/Steel Siding
Roof
Metal, Shingles
Foundation
Block, Steel Frame
Interior
Storage

Parking

Garage
None
Covered Spaces
0
Total Parking
0

Utilities

Sewer
Septic
Heat Source
Other

Location & Legal

Cross Street
Lake Muskoka
Zoning
WR3
Parcel Number
480330423
Possession
Flexible
Occupancy
Owner

Waterfront

Water Body
Lake Muskoka
Shoreline
Clean, Deep, Sandy
Docking
Private

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.

Listed by

Chestnut Park Real Estate

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$619,000

Estimated Monthly Payment

$15,205

Land transfer tax

Estimated land transfer tax$63,850

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: $15,205/mo (20% down, 5.5%)

Taxes: $939/mo · Insurance: $774/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions panoramic water views. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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