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1003 Elizabeth Street

1003 Elizabeth Street

Muskoka Lakes, ON

  • 5 bed
  • 2 bath
  • approx. 1100-1500 sqft
  • Detached
  • 18 days on market
$799,000

RENOVATED 5-BEDROOM HOME WITH OVER SIZED DETACHED GARAGE IN TORRANCE. Ideally situated on a level corner lot in Torrance, this value-packed property offers a recently renovated 5-BR, 2-bath home with plenty of space, practical updates, and an exceptional detached garage.The home has been freshly painted throughout and features a spacious open-concept main level with a large living room, dining area, and kitchen, creating an inviting space for entertaining and family gatherings. A propane fireplace adds warmth and character to the living area. There is a walkout patio door leading to a fenced concrete patio. The lower level offers even more living space with a large family room featuring a second propane fireplace, two bedrooms, a laundry room. A standout feature of this property is the impressive 26' x 26' -storey detached garage. The over sized 10' wide x 12' high garage door provides excellent access & is equipped with an automatic opener. The garage is insulated, wired, and has its own 100-amp breaker panel, along with a large electric heater-making it ideal for a workshop, storage, recreational vehicles, or a variety of other uses.The rear of the garage includes a 7' x 25' loft storage area, with approximately 7' of height above and a spacious 9' high area below. The 25' width provides plenty of room for equipment, hobbies, storage, or workspace. Location is another major advantage. The property is within walking distance of the Torrance Community Centre & Fire Station, while nearby Sunset Park offers public access to Lake Muskoka. Drive or walk down to enjoy swimming, fishing, picnicking, spectacular sunsets, and relaxing by the water. The park also offers an easy boat launch and a large dock for temporary docking. Enjoy convenient access to the beauty and recreational opportunities of Lake Muskoka, Lake Rosseau, & Lake Joseph-without the lakefront taxes. A versatile home, an exceptional garage, and a great Torrance location make this a property worth seeing.

Listing Details

Taxes (2026)
$2,821
Listed
September 3, 2026

Price History

Property

Style
Bungalow-Raised
Construction
Vinyl Siding
Roof
Metal
Foundation
Concrete Block
Interior
Auto Garage Door Remote
Lot Size
66 x 150 Feet

Parking

Garage
Detached
Covered Spaces
4
Total Parking
10

Utilities

Water
Sand Point Well
Sewer
Septic
Heat Source
Propane

Location & Legal

Cross Street
Torrance Road and Elizabeth Street
Parcel Number
480300672
Possession
Immediate
Occupancy
Vacant

Included

Inclusions
Fridge, Stove, Range Hood, Washer, Dryer, 2 Propane Fireplace remotes, Garage Door Opener Remote
Rental Items
2 Outside Propane Tanks

Community

Postal area P0C

Population
4,824
Private dwellings
6,930
Median age
56.8
Average household size
2.1
Median household income
$78,500

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 In Between, 3-piece on In Between

Main

  • Kitchen21' x 9'1"
  • Living Room48'7" x 19'11"

In Between

  • Bathroom7'6" x 5'1"
  • Bathroom7'6" x 4'9"
  • Bedroom9'2" x 9'11"
  • Bedroom 28'10" x 9'11"
  • Primary Bedroom10'9" x 15'4"

Lower

  • Bedroom 37'8" x 13'3"
  • Bedroom 418'6" x 10'8"
  • Family Room22'10" x 27'11"
  • Laundry10' x 13'7"
  • Utility Room11'1" x 9'10"

Listed by

Sotheby's International Realty Canada

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$159,800

Estimated Monthly Payment

$3,925

Land transfer tax

Estimated land transfer tax$12,455

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: $3,925/mo (20% down, 5.5%)

Taxes: $235/mo · Insurance: $200/mo

Estimates only. Consult a financial advisor.

R

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