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$2,195,000
Available - For Sale
Listing ID: X12043564
Welcome to 1159 Island Park Road, a stunning property on the Lake Rosseau side of the Indian River offering a rare opportunity to own an oversized, grandfathered 2600 + sq ft four-season boathouse/cottage. The property boasts mesmerizing sunsets, a canopy of evergreen trees, 330' of waterfrontage and 1.88 acres of privacy. It's an ideal property with endless development opportunities, ready to use now, all while being accessible year-round. The lovingly maintained cottage contains 4 bedrooms and 2.5 baths, including a main floor primary plus ensuite, 3 guest bedrooms on the second floor, a den, and a family room. With both forced air electric heating and central air, you can enjoy the cottage in comfort year-round. The idyllic shoreline offers a gentle entry with rippled, hard-packed sand, perfect for little ones and four-legged family members, and the spacious lake-side storage shed presents other possibilities for the new owner. Enjoy miles of boating on Lake Rosseau and Joe and access to Lake Muskoka through the locks. This property would also be a great jump-off point for local islanders, with its level parking area right behind the boathouse and easy access to the waterfront. Just pull up to the back door, and with a couple of steps, you'll be at your boat. Only minutes by car or boat to dining and shopping in Port Carling.
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $239,990 $479,980 $719,970 $959,960
First Mortgage $4,559,810 $4,319,820 $4,079,830 $3,839,840
CMHC/GE $125,394.78 $86,396.4 $71,397.03 $0
Total Financing $4,685,204.78 $4,406,216.4 $4,151,227.03 $3,839,840
Monthly P&I $20,066.37 $18,871.48 $17,779.38 $16,445.74
Expenses $0 $0 $0 $0
Total Payment $20,066.37 $18,871.48 $17,779.38 $16,445.74
Income Required $752,488.83 $707,680.62 $666,726.88 $616,715.14

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Johnston & Daniel Rushbrooke Realty

1159 Island Park Road , Muskoka Lakes, P0B 1J0, Muskoka

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: Muskoka
Municipality: Muskoka Lakes
Neighbourhood: Medora
Style: 2-Storey
Lot Size: x 442.00(Feet)
Approximate Age:
Tax: $6,870.78
Maintenance Fee: $0
Beds: 4
Baths: 3
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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