3 - 1062 Pennwood Road
Muskoka Lakes, ON
- 2 bed
- 1 bath
- approx. < 700 sqft
- Detached
- 10 days on market
Updated cottage retreat situated at the mouth of Lake Muskoka and minutes from Port Carling! Enjoy long sun-filled days on this the south-west facing enchanting property, ideally located on the Lake Muskoka side of the Indian River with 185' of frontage (assessed), providing easy access to the sparkling waters of Lake Muskoka, Lake Rosseau and Lake Joseph. The main cottage features 2 bedrooms and a full bathroom, recently updated to provide a fresh, contemporary feel. Ready for immediate enjoyment the cottage has new flooring throughout, an upgraded kitchen, complemented by stylish Emtek hardware and new laundry area. Every detail has been meticulously attended to, including winterizing for use throughout the seasons. Just steps away, the charming bunkie offers extra sleeping quarters for 6 with a 2pc bath, perfect for guests, teens or family gatherings. The bunkie boasts new flooring and lighting and private deck space. The impressive 2-storey boathouse not only houses your watercraft but also features comfortable accommodations above, complete with 2 bedrooms, a 3pc bath, and a refreshed kitchen. The boathouse has been thoughtfully updated with new flooring, lighting, and hardware, and freshly painted interiors create a warm and welcoming atmosphere. All three buildings have been freshly painted on the exterior to match, boasting new roofs that enhance the overall appeal. This turn-key opportunity comes lavishly furnished with high-end decor, allowing you to enjoy your new oasis immediately. Picture yourself unwinding on the boathouse deck, or the large lakeside fire pit, taking in the lively surroundings of Port Carling while having direct access to boating adventures across 'The Big 3'. Whether you prefer a leisurely boat ride or a scenic drive, you are perfectly positioned to explore the area. Don't miss your chance to experience this exceptional property where updates and location come together to create the ultimate cottage that you can enjoy right away.
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Listing Details
- Taxes (2026)
- $4,513
- Listed
- September 10, 2026
Price History
Listing history
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Property
- Style
- Bungalow
- Construction
- Wood
- Roof
- Asphalt Shingle
- Foundation
- Piers
- Interior
- Guest Accommodations
- Lot Size
- 185 x 328 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 4
Utilities
- Water
- Lake/River
- Sewer
- Septic
- Heat Source
- Electric
Location & Legal
- Cross Street
- 118W / Pennwood Road
- Zoning
- WR5-R
- Parcel Number
- 481570041
- Possession
- Flexible
- Occupancy
- Owner
Included
- Inclusions
- See Schedule C
- Exclusions
- Boat lift
Waterfront
- Water Body
- Indian River
- Shoreline
- Hard Bottom
- 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.
Rooms
4-piece on Main
Main
- Bathroom4'11" x 7'2"
- Bedroom8' x 6'7"
- Bedroom7'1" x 6'7"
- Kitchen16'2" x 10'1"
- Laundry4'9" x 9'10"
- Living Room13'10" x 17'4"
In Between
- Bathroom3'11" x 6'3"
- Kitchen4'4" x 6'3"
- Living Room13'1" x 11'11"
Flat
- Bathroom4'1" x 4'1"
- Bedroom20'2" x 11'9"
Listed by
Harvey Kalles Real Estate Ltd.
Walk Score
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Location
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Mortgage Calculator
$299,800
Estimated Monthly Payment
$7,364
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: $7,364/mo (20% down, 5.5%)
Taxes: $376/mo · Insurance: $375/mo
Estimates only. Consult a financial advisor.
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