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For saleListed Sep 10MLS® X13764786

3 - 1062 Pennwood Road, Muskoka Lakes, ON P0B 1J0

Medora, Muskoka Lakes · Near 118W / Pennwood Road · View map

$1,449,000
2Beds
1Baths
< 700Sq ft
BungalowType
4 totalParking
Crawl Space, Partial BasementBasement
$4,513/yrTaxes
Call / Text Will
$1,449,000
FreeholdNo monthly condo fee
Parking for 4Comes with the home
Lot 185 x 328 ftThe land comes with the home
WaterfrontOn the water
FireplaceCozy winters

About this home

Updated cottage retreat situated at the mouth of Lake Muskoka and minutes from Port Carling! Enjoy long sun-filled days on this the south-west facing enchanting property, ideally located on the Lake Muskoka side of the Indian River with 185' of frontage (assessed), providing easy access to the sparkling waters of Lake Muskoka, Lake Rosseau and Lake Joseph. The main cottage features 2 bedrooms and a full bathroom, recently updated to provide a fresh, contemporary feel. Ready for immediate enjoyment the cottage has new flooring throughout, an upgraded kitchen, complemented by stylish Emtek hardware and new laundry area. Every detail has been meticulously attended to, including winterizing for use throughout the seasons. Just steps away, the charming bunkie offers extra sleeping quarters for 6 with a 2pc bath, perfect for guests, teens or family gatherings. The bunkie boasts new flooring and lighting and private deck space. The impressive 2-storey boathouse not only houses your watercraft but also features comfortable accommodations above, complete with 2 bedrooms, a 3pc bath, and a refreshed kitchen. The boathouse has been thoughtfully updated with new flooring, lighting, and hardware, and freshly painted interiors create a warm and welcoming atmosphere. All three buildings have been freshly painted on the exterior to match, boasting new roofs that enhance the overall appeal. This turn-key opportunity comes lavishly furnished with high-end decor, allowing you to enjoy your new oasis immediately. Picture yourself unwinding on the boathouse deck, or the large lakeside fire pit, taking in the lively surroundings of Port Carling while having direct access to boating adventures across 'The Big 3'. Whether you prefer a leisurely boat ride or a scenic drive, you are perfectly positioned to explore the area. Don't miss your chance to experience this exceptional property where updates and location come together to create the ultimate cottage that you can enjoy right away.

The home

Type
Bungalow
Style
Bungalow
Square footage
< 700 sq ft
Bedrooms
2
Bathrooms
1
Kitchens
1
Rooms
6
Basement
Crawl Space, Partial Basement
Lot size
185 x 328 ft
Faces
West

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Exterior
Wood

Heating & cooling

Heating fuel
Electric
Heating type
Baseboard
Fireplace
Yes

Garage & parking

Driveway spaces
4
Total parking
4
Parking features
Private, Lane

Taxes & other

Property taxes
$4,513/yr
Tax year
2026
Occupancy
Owner
Possession
Flexible
Cross street
118W / Pennwood Road
Neighbourhood
Medora

More

Listed
Sep 10, 2026 · 32 days ago
MLS® number
X13764786

The home and its surroundings

  • Guest Accommodations
  • Lake/Pond
  • Waterfront
  • Wooded/Treed
  • Deck
  • Fishing
  • Porch Enclosed
Want to know something that isn’t listed?
Estimated monthly cost$6,221per 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.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
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    1062 Pennwood Road, Muskoka Lakes, ON P0B 1J0

    Medora, Muskoka Lakes · Near 118W / Pennwood Road

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    Sold history

    Listing history for 1062 Pennwood Road

    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 3 - 1062 Pennwood Road

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

    How much is 3 - 1062 Pennwood Road listed for, and what would it cost each month?

    3 - 1062 Pennwood Road is listed for $1,449,000. With 20% down ($289,800), the mortgage payment would be roughly $5,845 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $6,221 a month, all in. That figure is an illustration, not a quote.

    Is 3 - 1062 Pennwood Road freehold or a condo, and is there a monthly fee?

    3 - 1062 Pennwood Road is a bungalow in Medora, 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 3 - 1062 Pennwood Road have?

    3 - 1062 Pennwood Road has 2 bedrooms and 1 bathroom.

    Does 3 - 1062 Pennwood Road have a garage and parking?

    The listing does not show a garage. The driveway adds 4 spaces. In total the listing counts 4 parking spaces.

    Does 3 - 1062 Pennwood Road have a finished basement?

    The listing describes the basement as crawl space, partial basement.

    What style of home is 3 - 1062 Pennwood Road?

    3 - 1062 Pennwood Road is a bungalow. A bungalow has all of its main living space, including the bedrooms, on one floor, usually over a full basement.

    How big is 3 - 1062 Pennwood Road, and what is the lot size?

    The lot is listed as 185 x 328 ft.

    How is 3 - 1062 Pennwood Road heated and cooled?

    Heating is baseboard (electric). The listing does not show air conditioning.

    What are the property taxes for 3 - 1062 Pennwood Road?

    Property taxes are $4,513 a year (2026), or about $376 a month.

    Where is 3 - 1062 Pennwood Road?

    3 - 1062 Pennwood Road is in the Medora community of Muskoka Lakes. The nearest main intersection is 118W / Pennwood Road. The postal code is P0B 1J0.

    How long has 3 - 1062 Pennwood Road been on the market?

    3 - 1062 Pennwood Road was listed on September 10, 2026. It has been on the market for 32 days. It is an active listing (MLS® X13764786). Listings here update from the board through the day and come down once a home sells.

    What are similar bungalows near 3 - 1062 Pennwood Road asking?

    Similar bungalow-style homes for sale nearby right now include 5 - 1062 Pennwood Road at $2,549,000 (4+1 bed), 25-1160 Whiteside Road at $1,495,000 (3 bed) and 24 - 1213 Camp Jackson Road at $1,499,023 (3+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 1062 Pennwood Road 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 3 - 1062 Pennwood Road?

    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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