96 Joseph Street, Muskoka Lakes

$3,888,888
96 Joseph Street

$3,888,888

New
29d
Detached2-Storey

96 Joseph Street, Muskoka Lakes

Total Monthly Obligation $16,488

Beds
3
Baths
3
Park
6
Sqft
2500-3000
DOM
29d
Yield
0.8%
Cash on Cash
-18.4%
Cap Rate
0.6%
5Y IRR
1.4%
10Y IRR
3.8%
Property Type-Detached
MLS® Number-X13825394
Beds-3
Bathrooms-3
Size-2500-3000 sqft
Lot Size-71 × 200.02 ft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,110.96 (2026)
Parking-6 - None
Basement-Unfinished, Development Potential, Walk-Out
Heating-Baseboard (Electric)
Brokerage-ENGEL & VOLKERS TORONTO CENTRAL
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Vinyl Siding, Wood
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-TBD
Neighbourhood-Medora
Title-Residential Freehold

No agent assigned

EXCEPTIONAL WATERFRONT COMMERCIAL OPPORTUNITY IN THE HEART OF PORT CARLING set on a 200-ft-deep lot in a waterfront setting. This approx. 3,800 SF freestanding building presents an exceptional opportunity to own a versatile commercial property in the heart of Port Carling.The 1,500 SF street-level retail space features 2 storage areas and 2 baths. The approx. 1,500 SF upper level, with a separate entrance, offers 3 BRs, 3-pc bath, kitchen and laundry - ideal for owner use, additional income or a live/work setup.The approx. 800 SF unfinished walkout basement provides additional expansion potential and direct access to the rear of the property, with the waterfront and the Locks connecting Lake Muskoka & Lake Rosseau.Winterized for year-round use, the property offers the flexibility to generate income throughout the year while providing the option to live and work here full-time. Enjoy summers in Port Carling with your own Muskoka pied-à-terre, spend winters down south, or make Muskoka home year-round - a chance to enjoy the freedom and tranquility of waterfront living away from the city.An exceptional opportunity to diversify your investment portfolio with a property that brings together business, income potential, waterfront and lifestyle in one of Muskoka's most sought-after communities.

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Closing Costs

Mortgage Amount
$3,111,110
Land Transfer Taxes$83,697
Legal Fees (Est.)
$
Total cash required for closing$862,975

Total Monthly Obligation

$16,488/mo
Mortgage $15,687
Monthly Loss $12,360
Principal$4,128
Interest$11,559
Property Tax$426
Home Insurance$125
Variable Costs$250

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

Comparables

Properties near 96 Joseph Street

Time

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