4 - 1202 Shea Road
Muskoka Lakes, ON
- 4 bed
- 1 bath
- approx. 700-1100 sqft
- Detached
What if your Muskoka cottage could help pay for the fun? Welcome to this thoughtfully updated, four-season retreat on beautiful Three Mile Lake-an inviting place to make memories, escape throughout the year and explore potential rental income when you're not using it yourself. The main cottage offers three comfortable bedrooms, one bathroom and warm, welcoming living spaces designed for relaxed lakeside living. A separate bunkie provides additional accommodation for family and friends. Outside, enjoy a spacious dock for sunny lake days, boating and swimming, followed by evenings in the hot tub beneath the Muskoka stars. When winter arrives, the adventure continues with snowmobiling, ice fishing and cozy weekends by the lake. Currently operated as a short-term rental, this turnkey property offers an exciting opportunity for buyers seeking both a personal getaway and an income-generating investment. Thoughtful upgrades, additional guest space and genuine four-season enjoyment make this more than a summer cottage-it's your chance to live the Muskoka lifestyle all year long. Arrive, unwind and let the lake take care of the rest.
Listing Details
- Taxes (2025)
- $2,367
- Listed
- September 11, 2026
Price History
Listing history
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Property
- Style
- Chalet
- Construction
- Wood
- Roof
- Asphalt Shingle
- Foundation
- Concrete Block
- Interior
- Primary Bedroom - Main Floor, Generator - Full, Propane Tank, Sump Pump
- Lot Size
- 96 x 245 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 6
Utilities
- Water
- Lake/River
- Sewer
- Septic
- Heat Source
- Electric
Location & Legal
- Cross Street
- Windermere Rd and Shea Rd
- Parcel Number
- 481360232
- Possession
- Flexible
- Occupancy
- Owner+Tenant
Included
- Inclusions
- See Schedule C
- Exclusions
- See Schedule C
- Rental Items
- Propane tanks
Waterfront
- Water Body
- Three Mile Lake
- Shoreline
- 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.
Rooms
4-piece
Main
- Bathroom4'3" x 6'11"
- Bedroom7'7" x 11'6"
- Bedroom7'7" x 11'6"
- Dining Room14'5" x 8'10"
- Kitchen8'6" x 11'10"
- Living Room15'1" x 10'2"
- Primary Bedroom7'3" x 11'6"
Flat
- Bedroom7'10" x 11'10"
Listed by
RE/MAX Professionals North
Walk Score
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Location
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Mortgage Calculator
$184,000
Estimated Monthly Payment
$4,520
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: $4,520/mo (20% down, 5.5%)
Taxes: $197/mo · Insurance: $230/mo
Estimates only. Consult a financial advisor.
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