7313 534 Highway
Parry Sound Remote Area, ON
- 5 bed
- 4 bath
- approx. 2500-3000 sqft
- Rural Residential
- 79 days on market
Welcome to luxury living on coveted Restoule Lake-an extraordinary 5-bedroom, 4-bath executive waterfront home offering over 4,000 sq. ft. of beautifully designed living space, soaring 10-foot ceilings, and more than 500 feet of spectacular shoreline. For buyers seeking premium waterfront living without Muskoka price tags, this remarkable property delivers exceptional value on one of Northern Ontario's most desirable lakes. Designed to capture breathtaking lake views, the open-concept living, dining and kitchen area is highlighted by a dramatic wall of windows overlooking the water and flows seamlessly onto an impressive 60-foot deck with sleek glass railings-perfect for entertaining. The chef-inspired galley kitchen is built for everyday living and large gatherings alike, featuring double dishwashers, double wall ovens, two refrigerators, and a spacious walk-in pantry. The main level also offers a private office ideal for working from home, a bright three-season sunroom, and a convenient 3-piece bath. Upstairs you'll find five spacious bedrooms, including a stunning primary retreat with walk-in closet, ensuite, and private balcony overlooking the lake. A second-floor laundry room and additional bath provide comfort and convenience for family and guests. The fully finished lower level offers exceptional space for relaxation and entertainment with a large recreation/games room, media area, and covered walkout leading directly to the patio and hot tub. Outside, enjoy a beautifully designed interlocking stone patio with fire pit and effortless access to the water from the impressive 50' x 16' floating dock just steps away. Experience the caliber of luxury waterfront living often associated with Muskoka, while enjoying greater privacy, expansive shoreline, and outstanding value on beautiful Restoule Lake.
Listing Details
- Taxes (2026)
- $4,300
- Listed
- July 3, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Wood, Stone
- Roof
- Metal
- Foundation
- Concrete Block
- Interior
- Built-In Oven, Countertop Range, ERV/HRV, Generator - Partial, Water Heater Owned, Water Treatment, Workbench
- Lot Size
- 551.12 x 70 Feet
Parking
- Garage
- Carport
- Covered Spaces
- 2
- Total Parking
- 8
Utilities
- Water
- Drilled Well
- Sewer
- Septic
- Heat Source
- Gas
Location & Legal
- Cross Street
- Hwy 534 & Beaudry Hill Rd
- Zoning
- unorganized
- Parcel Number
- 522250377
- Possession
- Flexible
- Occupancy
- Owner
Included
- Inclusions
- Kitchen Appliances - 2 Dishwashers, 2 Refrigerators, B/I Wall Ovens, Stove Cook Top, Washer, Dryer, Docking, Generator
- Exclusions
- Personal items
- Rental Items
- Propane Tank
Waterfront
- Water Body
- Lake Restoule
- Shoreline
- Clean, Hard Bottom, Sandy
- Docking
- Private
Community
Postal area P0H
- Population
- 31,909
- Private dwellings
- 17,044
- Median age
- 50.8
- Average household size
- 2.4
- Median household income
- $80,000
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 Parry Sound Remote Area · last 12 months
- Median sold price
- $412,500
- Homes sold
- 77
- Median days on market
- 49
- Sale-to-list price
- 92.6%
Based on 77 recorded sales of residential freehold properties in Parry Sound Remote Area over the last 12 months.
Rooms
3-piece, 3-piece, 3-piece, 2-piece
Second
- Bathroom26' x 8'
- Bathroom13' x 12'
- Bedroom 211' x 11'
- Bedroom 311' x 11'
- Bedroom 414'6" x 11'
- Bedroom 511'1" x 11'
- Primary Bedroom15' x 15'
Main
- Bathroom7'1" x 13'9"
- Foyer7'10" x 7'7"
- Kitchen22' x 9'
- Living Room32' x 18'1"
- Office11'2" x 16'
- Sunroom11'7" x 8'5"
Lower
- Bathroom7'5" x 7'3"
- Family Room48' x 19'
- Utility Room40' x 7'4"
Listed by
Re/Max Crown Realty (1989) Inc.
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$319,800
Estimated Monthly Payment
$7,855
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: $7,855/mo (20% down, 5.5%)
Taxes: $358/mo · Insurance: $400/mo
Estimates only. Consult a financial advisor.
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