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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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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | 0-5 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,916 |
| mls© Number | X13009180 |
| Listed By | Royal LePage Lakes Of Muskoka - Clarke Muskoka Realty |
Listing History
- No recent sale history for this listing.
- 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 checkInvestment Analysis
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