7313 534 Highway, Parry Sound Remote Area

$1,599,000
7313 534 Highway

$1,599,000

New
112d
Rural Residential2-Storey

7313 534 Highway, Parry Sound Remote Area

Total Monthly Obligation $7,183

Beds
5
Baths
4
Park
6
Sqft
2500-3000
DOM
112d
Property Type-Rural Residential
MLS® Number-X13523486
Beds-5
Bathrooms-4
Size-2500-3000 sqft
Lot Size-551.12 × 70 ft
Listed on site-Jul 3, 2026
Style-2-Storey
Building Type-Rural Residential
Taxes-$4,300 (2026)
Parking-8 - Carport
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-Re/Max Crown Realty (1989) Inc.
Cooling-Central Air
Laundry-No
Fireplace-Propane, Living Room
Pool-None
Facing-West
Exterior-Wood , Stone
Roof-Metal
Foundation-Concrete Block
Sewer-Septic
Possession-Flexible
Neighbourhood-Restoule
Title-Residential Freehold

No agent assigned

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.

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Closing Costs

Mortgage Amount
$1,279,200
Land Transfer Taxes$28,455
Legal Fees (Est.)
$
Total cash required for closing$349,755

Total Monthly Obligation

$7,183/mo
Mortgage $6,450
Monthly Loss $5,486
Principal$1,697
Interest$4,753
Property Tax$358
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 7313 534 Highway

Time

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