2787 Muskoka 118 Road W, Muskoka Lakes

$2,195,000
2787 Muskoka 118 Road W

$2,195,000

New
37d
DetachedBungalow

2787 Muskoka 118 Road W, Muskoka Lakes

Total Monthly Obligation $9,527

Beds
4
Baths
3
Park
5
Sqft
1500-2000
DOM
37d
Yield
1.8%
Cash on Cash
-14.1%
Cap Rate
1.5%
5Y IRR
4.6%
10Y IRR
6.1%
Property Type-Detached
MLS® Number-X13790866
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-100 × 166 ft
Listed on site-Sep 16, 2026
Style-Bungalow
Building Type-Detached
Age-6-15
Taxes-$3,572.44 (2025)
Parking-5 - None
Basement-Finished with Walk-Out
Heating-Forced Air (Propane)
Brokerage-Harvey Kalles Real Estate Ltd.
Cooling-Central Air
Laundry-No
Fireplace-Propane
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Insulated Concrete Form
Sewer-Septic
Possession-Flexible
Neighbourhood-Monck (Muskoka Lakes)
Title-Residential Freehold

No agent assigned

Tucked into the calm waters of Turtle Bay within Scarcliffe Bay on Lake Muskoka, this is the kind of property that makes cottage life feel easy. Kids can play safely in the protected bay, mornings start with coffee by the water, and spontaneous boat rides to Port Carling for ice cream or dinner become part of the routine. With easy year-round access, a quiet waterfront setting, southwest exposure, and boating into all three of Muskoka's most iconic lakes-Lake Muskoka, Lake Rosseau, and Lake Joseph, this is a turn-key home or cottage designed for making the most of every season. Constructed for longevity and efficiency, the cottage was designed for comfortable year-round enjoyment with ICF construction, a drilled well, forced-air heating, and in-floor heating roughed in on the lower level. The layout is ideal, with a spacious, functional kitchen featuring abundant storage, an inviting open-concept living space, and a 227 sq. ft. insulated, screened sunroom, overlooking the lake, perfect for rainy-day card games or summer dinners with a view. The main-floor primary suite includes a private 3-piece ensuite and lake views, while the walkout lower level offers three additional guest bedrooms, a large family room with a walkout to the waterfront, and a full 4-piece bathroom for family and visitors.Outside, the attention to detail continues with incredibly curated landscaping, extensive rock work, and durable IPE decking that beautifully complements the waterfront setting. Pride of ownership is evident throughout every inch of this meticulously maintained property. Whether you're searching for a year-round residence or the ultimate Muskoka family retreat, this is a perfect opportunity to enjoy quiet waterfront living with access to the very best of Muskoka.

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Closing Costs

Mortgage Amount
$1,756,000
Land Transfer Taxes$41,350
Legal Fees (Est.)
$
Total cash required for closing$481,850

Total Monthly Obligation

$9,527/mo
Mortgage $8,854
Monthly Loss $7,197
Principal$2,330
Interest$6,524
Property Tax$298
Home Insurance$125
Variable Costs$250

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

Comparables

Properties near 2787 Muskoka 118 Road W

Time

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