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For saleListed Sep 3MLS® X13739678

1003 Elizabeth Street, Muskoka Lakes, ON P0C 1M0

Wood (Muskoka Lakes), Muskoka Lakes · Near Torrance Road and Elizabeth Street · View map

$699,000
5Beds
2Baths
1100–1500Sq ft
Raised bungalowType
Detached · 4 spacesGarage
10 totalParking
FinishedBasement
$2,821/yrTaxes
Call / Text Will
$699,000
FreeholdNo monthly condo fee
Detached garage10 parking spaces in total
Finished basementExtra living space
Lot 66 x 150 ftThe land comes with the home
Central airCool all summer
FireplaceCozy winters

About this home

RENOVATED 5-BEDROOM HOME WITH OVER SIZED DETACHED GARAGE IN TORRANCE. Ideally situated on a level corner lot in Torrance, this value-packed property offers a recently renovated 5-BR, 2-bath home with plenty of space, practical updates, and an exceptional detached garage.The home has been freshly painted throughout and features a spacious open-concept main level with a large living room, dining area, and kitchen, creating an inviting space for entertaining and family gatherings. A propane fireplace adds warmth and character to the living area. There is a walkout patio door leading to a fenced concrete patio. The lower level offers even more living space with a large family room featuring a second propane fireplace, two bedrooms, a laundry room. A standout feature of this property is the impressive 26' x 26' -storey detached garage. The over sized 10' wide x 12' high garage door provides excellent access & is equipped with an automatic opener. The garage is insulated, wired, and has its own 100-amp breaker panel, along with a large electric heater-making it ideal for a workshop, storage, recreational vehicles, or a variety of other uses.The rear of the garage includes a 7' x 25' loft storage area, with approximately 7' of height above and a spacious 9' high area below. The 25' width provides plenty of room for equipment, hobbies, storage, or workspace. Location is another major advantage. The property is within walking distance of the Torrance Community Centre & Fire Station, while nearby Sunset Park offers public access to Lake Muskoka. Drive or walk down to enjoy swimming, fishing, picnicking, spectacular sunsets, and relaxing by the water. The park also offers an easy boat launch and a large dock for temporary docking. Enjoy convenient access to the beauty and recreational opportunities of Lake Muskoka, Lake Rosseau, & Lake Joseph-without the lakefront taxes. A versatile home, an exceptional garage, and a great Torrance location make this a property worth seeing.

The home

Type
Raised bungalow
Style
Bungalow-Raised
Square footage
1100-1500 sq ft
Bedrooms
5
Bathrooms
2
Kitchens
1
Rooms
13
Basement
Finished
Lot size
66 x 150 ft
Faces
North

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Exterior
Vinyl Siding

Heating & cooling

Heating fuel
Propane
Heating type
Forced Air
Air conditioning
Central Air
Fireplace
Yes

Garage & parking

Garage
Detached
Garage spaces
4
Driveway spaces
6
Total parking
10

Taxes & other

Property taxes
$2,821/yr
Tax year
2026
Occupancy
Vacant
Possession
Immediate
Cross street
Torrance Road and Elizabeth Street
Neighbourhood
Wood (Muskoka Lakes)

More

Price per sq ft
~$538 (at 1,300 sq ft)
Listed
Sep 3, 2026 · 39 days ago
MLS® number
X13739678

The home and its surroundings

  • Auto Garage Door Remote
  • Deck
  • Patio
  • Year Round Living
Want to know something that isn’t listed?
Estimated monthly cost$3,055per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    1003 Elizabeth Street, Muskoka Lakes, ON P0C 1M0

    Wood (Muskoka Lakes), Muskoka Lakes · Near Torrance Road and Elizabeth Street

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    Sold history

    Listing history for 1003 Elizabeth Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 1003 Elizabeth Street

    Answers come straight from this home’s MLS® listing.

    How much is 1003 Elizabeth Street listed for, and what would it cost each month?

    1003 Elizabeth Street is listed for $699,000. With 20% down ($139,800), the mortgage payment would be roughly $2,820 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,055 a month, all in. That figure is an illustration, not a quote.

    Is 1003 Elizabeth Street freehold or a condo, and is there a monthly fee?

    1003 Elizabeth Street is a raised bungalow in Wood (Muskoka Lakes), Muskoka Lakes. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    How many bedrooms and bathrooms does 1003 Elizabeth Street have?

    1003 Elizabeth Street has 5 bedrooms and 2 bathrooms. The listing gives the style as bungalow-raised.

    Does 1003 Elizabeth Street have a garage and parking?

    Yes. The listing shows the garage as detached, with room for 4 cars. The driveway adds 6 spaces. In total the listing counts 10 parking spaces.

    Does 1003 Elizabeth Street have a finished basement?

    The listing describes the basement as finished. Finished basement space is usually not counted in the square footage shown.

    What style of home is 1003 Elizabeth Street?

    1003 Elizabeth Street is a raised bungalow. A raised bungalow has its main floor set about half a level above the ground, so the basement has bigger windows and more light than in a regular bungalow.

    How big is 1003 Elizabeth Street, and what is the lot size?

    The listing puts the home between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 66 x 150 ft.

    How is 1003 Elizabeth Street heated and cooled?

    Heating is forced air (propane). Cooling is central air.

    What are the property taxes for 1003 Elizabeth Street?

    Property taxes are $2,821 a year (2026), or about $235 a month.

    Where is 1003 Elizabeth Street?

    1003 Elizabeth Street is in the Wood (Muskoka Lakes) community of Muskoka Lakes. The nearest main intersection is Torrance Road and Elizabeth Street. The postal code is P0C 1M0.

    How long has 1003 Elizabeth Street been on the market?

    1003 Elizabeth Street was listed on September 3, 2026. It has been on the market for 39 days. It is an active listing (MLS® X13739678). Listings here update from the board through the day and come down once a home sells.

    What are similar bungalows near 1003 Elizabeth Street asking?

    Similar bungalow-style homes for sale nearby right now include 5 Severn River 406 at $729,000 (3 bed), 1048 West Black Lake Road at $630,000 (2 bed) and 11 Harris Street at $599,000 (5 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 1003 Elizabeth Street sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 1003 Elizabeth Street?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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