5 - 1062 Pennwood Road, Muskoka Lakes, ON P0B 1J0
Medora, Muskoka Lakes · Near Pennwood Rd / Hwy 118 · View map
About this home
Welcome to effortless four-season Muskoka living on the Indian River, where thoughtful design, modern comfort, and a truly exceptional setting come together. Built in 2023 to net-zero/LEED standards, this fully winterized 4-bedroom cottage combines energy efficiency with low-maintenance materials, making year-round enjoyment easy. Positioned along the Indian River, the gateway to Lake Muskoka, this property offers the best of Muskoka at your doorstep. Cruise by boat to Port Carling and beyond, or enjoy the convenience of reaching town by car, with easy access to Muskoka's Big Three lakes. The west-facing setting provides beautiful afternoon light and peaceful sunset views, framed by mature trees and classic Muskoka rock outcroppings.Inside, generous bedrooms and expansive principal rooms create plenty of space for family and friends to gather, relax, and stay awhile. The walkout design seamlessly connects the home to the outdoors, while the level driveway-to-deck access makes arriving and enjoying the property wonderfully convenient.Beautifully finished and completely move-in ready, this is a modern Muskoka retreat designed for spending less time on upkeep and more time enjoying the lake, the outdoors, and the people who matter most.
The home
- Type
- Raised bungalow
- Style
- Bungalow-Raised
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 4
- Basement bedrooms
- 1
- Bathrooms
- 3
- Kitchens
- 1
- Rooms
- 10
- Basement
- Finished with Walk-Out
- Faces
- West
- View
- Trees/Woods, River
- Approximate age
- 0-5 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Carbon Monoxide Detectors, Smoke Detector
- Exterior
- Shingle, Wood
Heating & cooling
- Heating fuel
- Electric
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Driveway spaces
- 6
- Total parking
- 6
- Parking features
- Private
Taxes & other
- Property taxes
- $5,916/yr
- Tax year
- 2025
- Occupancy
- Owner
- Possession
- TBA
- Cross street
- Pennwood Rd / Hwy 118
- Neighbourhood
- Medora
More
- Price per sq ft
- ~$1,457 (at 1,750 sq ft)
- Listed
- Apr 16, 2026 · 179 days ago
- MLS® number
- X13009180
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The home and its surroundings
- Air Exchanger
- ERV/HRV
- On Demand Water Heater
- Sewage Pump
- Storage
- River/Stream
- Lake Access
- Deck
- Year Round Living
- Mortgage
- Property tax
- Maintenance fee
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.
1062 Pennwood Road, Muskoka Lakes, ON P0B 1J0
Medora, Muskoka Lakes · Near Pennwood Rd / Hwy 118
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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.
Frequently asked questions about 5 - 1062 Pennwood Road
Answers come straight from this home’s MLS® listing.
How much is 5 - 1062 Pennwood Road listed for, and what would it cost each month?
5 - 1062 Pennwood Road is listed for $2,549,000. With 20% down ($509,800), the mortgage payment would be roughly $10,282 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $10,775 a month, all in. That figure is an illustration, not a quote.
Is 5 - 1062 Pennwood Road freehold or a condo, and is there a monthly fee?
5 - 1062 Pennwood Road is a raised 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 5 - 1062 Pennwood Road have?
5 - 1062 Pennwood Road has 4 bedrooms, plus 1 more bedroom in the basement, and 3 bathrooms. The listing gives the style as bungalow-raised.
Does 5 - 1062 Pennwood Road have a garage and parking?
The listing does not show a garage. The driveway adds 6 spaces. In total the listing counts 6 parking spaces.
Does 5 - 1062 Pennwood Road have a finished basement?
The listing describes the basement as finished with walk-out. It counts 1 bedroom on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 5 - 1062 Pennwood Road?
5 - 1062 Pennwood Road 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 5 - 1062 Pennwood Road?
The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.
How is 5 - 1062 Pennwood Road heated and cooled?
Heating is forced air (electric). Cooling is central air.
What are the property taxes for 5 - 1062 Pennwood Road?
Property taxes are $5,916 a year (2025), or about $493 a month.
Where is 5 - 1062 Pennwood Road?
5 - 1062 Pennwood Road is in the Medora community of Muskoka Lakes. The nearest main intersection is Pennwood Rd / Hwy 118. The postal code is P0B 1J0.
How long has 5 - 1062 Pennwood Road been on the market?
5 - 1062 Pennwood Road was listed on April 16, 2026. It has been on the market for 179 days. It is an active listing (MLS® X13009180). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 5 - 1062 Pennwood Road asking?
Similar bungalow-style homes for sale nearby right now include 3 - 1062 Pennwood Road at $1,449,000 (2 bed), 1088 Shennamere Road at $2,399,000 (3 bed) and 6 - 4805 MUSKOKA DISTRICT 169 Road at $1,799,000 (4 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 5 - 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.
Similar bungalows nearby
More bungalow-style homes for sale near Medora, picked by style, size and price.
Bungalow$1,449,0003 - 1062 Pennwood Road, Muskoka Lakes2 bed · 1 bath · MedoraCourtesy of: Harvey Kalles Real Estate Ltd.View home →
Raised bungalow$2,399,0001088 Shennamere Road, Muskoka Lakes3 bed · 2 bath · WattCourtesy of: Sotheby's International Realty CanadaView home →
Bungalow$1,799,0006 - 4805 MUSKOKA DISTRICT 169 Road, Muskoka Lakes4 bed · 3 bath · MedoraCourtesy of: CENTURY 21 MILLER REAL ESTATE LTD.View home →Courtesy of: Royal LePage Lakes Of Muskoka - Clarke Muskoka Realty
PropTx MLS® assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.