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Price Change$2,949,000

5 - 1062 Pennwood Road

Medora, Muskoka Lakes

$2,599,000

Detached|Bungalow-Raised
4 | 3 | 6 | 0
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.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow-Raised
Approx. Age0-5
Size1500-2000 sq. ft.
Property Tax$5,916
mls© NumberX13009180
Listed ByRoyal LePage Lakes Of Muskoka - Clarke Muskoka Realty

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%
$13,303
Property tax
$493
Heat allowance
$150
Housing costs
$13,946 / mo

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

Down payment20% · $519,800
25-yr amortization

Income needed

$429,000

gross annual household income

Payment at 4%
$10,937 / mo
Cash down
$519,800

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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