1521 Old Hwy 117, Lake of Bays

$1,999,000
1521 Old Hwy 117

$1,999,000

New
28d
DetachedBungalow

1521 Old Hwy 117, Lake of Bays

Total Monthly Obligation $9,088

Beds
2
Baths
1
Park
8
Sqft
700-1100
DOM
28d
Property Type-Detached
MLS® Number-X13830728
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-265 × 831 ft
Listed on site-Sep 25, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$7,792.47 (2026)
Parking-8 - None
Basement-None
Heating-Other (Other)
Brokerage-Royal LePage Lakes Of Muskoka Realty
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Wood
Roof-Metal
Foundation-Piers
Sewer-Septic
Possession-Flexible
Neighbourhood-Franklin
Title-Residential Freehold

No agent assigned

An extraordinary two-storey boathouse unlike anything else on Lake of Bays. Approximately 2,200 sq. ft., it features multiple dormers, skylights, balconies, a spacious entertainment deck, upper and lower multipurpose rooms, two boat slips with electric hoists and even a washroom. The true showpiece is the natural stream that flows through the boathouse, passing through two sections of the building connected by a distinctive arched footbridge before continuing to the lake. A remarkable combination of architecture, nature and waterfront living. The property comprises of three parcels totaling approximately 2.16 acres with 265 feet of Lake of Bays shoreline. Abundant table land and a gently sloping building site create an ideal setting for a luxury cottage or year-round home. A demolition permit is already in place for the existing two-bedroom cottage, providing a valuable head start for a new build. Enjoy wide-open big-lake views toward Bigwin Island, all-day sunshine and spectacular western sunset exposure, along with excellent privacy. Access is straightforward, with a private meandering driveway leading directly from Muskoka Highway 117, a year-round municipally maintained road. The driveway winds through mature forest, past the property's distinctive weathered lions and alongside a gentle bubbling stream before opening onto the waterfront. This prime location offers an important advantage: easy highway access and a shorter commute to the city, making it an especially appealing choice for a luxury cottage or year-round home. Close to championship golf, downhill and cross-country skiing, hiking, biking, boating and the charming communities of Muskoka, this is a remarkable opportunity to build your dream on Lake of Bays while keeping the GTA within convenient reach.

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Closing Costs

Mortgage Amount
$1,599,200
Land Transfer Taxes$36,455
Legal Fees (Est.)
$
Total cash required for closing$437,755

Total Monthly Obligation

$9,088/mo
Mortgage $8,063
Monthly Loss $6,966
Principal$2,122
Interest$5,942
Property Tax$649
Home Insurance$125
Variable Costs$250

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

Comparables

Properties near 1521 Old Hwy 117

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