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Listed 11 months ago

9 Indian Crescent

Medora, Muskoka Lakes

$848,000

Detached|Bungalow-Raised
2 | 2 | 10
About this home

Beautiful Port Carling - ultimate residential / recreational community. This 4 bedroom, 2 bath home is move-in ready, on a beautiful private treed lot, minutes to downtown Port Carling with its amenities, as well as access to lakes, boat launches, trails, and golf courses. Bright and spacious living areas, walk-out to a large rear deck, great yard complete with putting green and garden building. Walk through the woods or on quiet street to an exclusive waterfront park with dock, Indian River swimming and access linking Lakes Joe, Rousseau & Muskoka. The gorgeous sunroom hosts morning coffee and serves any desired purpose gym, office, games - with NEW large windows for year-round sun! The built-in 2-car garage provides ultimate convenience. Recent upgrades include NEW front & rear decks in 2021; full home generator by Sifft Electric in 2022; high speed fiber optic internet at the door; NEW windows and doors including patio door, sunroom and others; NEW blinds throughout; NEW 200AMP electrical panel by Sifft in 2022;NEW LED Lighting; newer Furnace & Central Air (2017); Google Home Devices for remote control and monitoring. This is a superb, easy living family property, walking distance to the Indian River, Port Carling, easy access to the Big Three Lakes, golf, summer/winter activities and all the quality living Muskoka has to offer. A residential family home, an off-water cottage, or a year-round recreational escape, this property is sure to meet your needs and desires. *For Additional Property Details Click The Brochure Icon Below*

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$1,923
Lot Size115 ft x 130 ft
mls© NumberX12464758
Listed ByICI SOURCE REAL ASSET SERVICES INC.

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,340
Property tax
$160
Heat allowance
$150
Housing costs
$4,651 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $169,600
25-yr amortization

Income needed

$143,000

gross annual household income

Payment at 4%
$3,569 / mo
Cash down
$169,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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