42 Todholm Drive Todholm Drive
Muskoka Lakes, ON
- 5 bed
- 3 bath
- approx. 1500-2000 sqft
- Detached
Beautiful Unique "A" shaped cottage fully renovated and located in the heart of Muskoka cross from Hanna park and beach. This property offer a large waterfront with a beautiful recently constructed dock with a 700 square feet double deck right on the water. Room for a boat to be covered and stay dry. The glass railing on the deck gives you great space for just enjoying or having a great get together. Being right in town enjoy the shopping for all your needs. The "A" shape will provide you tons and tons of sunlight. The newly renovated kitchen gives you tons of space to cook. The loft on the second floor is beautiful space that gives you scenic views of the waterfront through the "A" shaped windows. Seeing is believing. The Septic system was was replaced in August 2023. Both Septic and Double deck with dock done with City permits. Landscaping done with Muskoka Stone with a fire pit. 3000 square feet gives a large family tons of room. Short term rental can make a great investment to your portfolio. Capable of bringing a cap rate of 18 percent. At present bringing in 10 percent. This property can offer great times and be a great investment. Cap Rate of over 10 percent. Will make it nice retirement property. Force air furnace and air conditioning and Generator are 4 years old. All the furniture is included which is 6 years old. **EXTRAS** Fridge, Built in countertop electric stove, Built in oven, Built in Microwave, Built in Dishwasher, Washer and Dryer. Electrical fixtures. 24 Kwatt Generator. 6 persons Hot tub. Tesla Charger. Will get it in perfect condition as all updates will be completed as per buyer choice. Turn key.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $6,200
- Listed
- August 25, 2026
Price History
Property
- Style
- 2-Storey
- Age
- 31-50
- Construction
- Wood
- Roof
- Asphalt Shingle
- Foundation
- Concrete Block
- Interior
- Countertop Range, Generator - Full, Propane Tank, Suspended Ceilings
- Lot Size
- 212 x 168 Feet
Parking
- Garage
- Detached
- Covered Spaces
- 1
- Total Parking
- 7
Utilities
- Sewer
- Septic
- Heat Source
- Propane
Location & Legal
- Cross Street
- Foreman Road and Hwy 118 west
- Zoning
- Residential
- Parcel Number
- 481500226
- Possession
- Flexible
- Occupancy
- Owner
Included
- Inclusions
- All appliances and all the furniture inside and outdoor. Most of 6 years old.
- Rental Items
- Furance and Air conditioner
Waterfront
- Water Body
- Indian River
- Shoreline
- Shallow
- Docking
- Private
Schools
Elementary
- Glen Orchard Public School4.9 km
Public · Trillium Lakelands DSB · 225 students
Grade 3 reading: 57% met the provincial standard · Grade 6 math: 50% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
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
4-piece on Second, 3-piece on Ground, 3-piece on Basement
Second
- Bedroom15' x 11'5"
Ground
- Bedroom 215'6" x 15'8"
- Bedroom 311'8" x 9'5"
- Kitchen22'1" x 20'5"
- Living Room18'6" x 21'8"
Basement
- Bedroom 418'6" x 10'
- Bedroom 510'1" x 15'7"
- Great Room25' x 30'
Listed by
SAVE MAX REAL ESTATE INC.
Walk Score
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Location
Street View
Mortgage Calculator
$390,000
Estimated Monthly Payment
$9,580
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: $9,580/mo (20% down, 5.5%)
Taxes: $517/mo · Insurance: $488/mo
Estimates only. Consult a financial advisor.
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