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Featured
Sold ConditionalUpdated 8 hours ago

1743 North Muldrew Lake Road

Wood (Gravenhurst), Gravenhurst

$1,100,000

Detached|Bungalow
3 | 1 | 9.5
About this home

Muldrew Lake Southwest-Facing Muskoka Retreat Wake up to breathtaking southwest lake views from this beautifully treed, park-like property on one of Muskoka's most sought-after recreational lakes. Perfectly positioned on a private road, yet just ten minutes from all the amenities Gravenhurst has to offer and only 90 minutes from the 401 and 400 this is four-season cottage living at its most accessible. The whole cottage has been renovated over the last couple years. Last year the washroom was renovated, the interior walls of all three bedrooms has new siding, the exterior of both the cottage and garage completely painted, Decks were re-built last year and painted. Roof on the main cottage and garage was re-done in 2015.Inside, soaring vaulted ceilings and an open-concept kitchen and living area create a warm, airy feel, while large windows frame stunning lake views from every angle. Rich natural wood finishes on the walls and ceilings add classic Muskoka charm, and a cozy fireplace makes autumn evenings something to look forward to. Step outside onto the cedar deck, where a covered section offers shade on sunny afternoons or can easily be screened in to create your own Muskoka room. A low-maintenance stone patio and level walkways connect the parking area directly to the cottage for easy everyday living. The terraced lot leads you down to the water's edge, where the lake beckons for all your favourite warm-weather pursuits. Three comfortable bedrooms provide plenty of room for family and guests, while a detached garage and workshop, plus a full perimeter block basement, offer generous storage for all your gear and toys. Quality furnishings are included, making this a true turn-key getaway pack your bags and start enjoying.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age31-50
Size700-1100 sq. ft.
Property Tax$5,241
Lot Size130 ft x 0 ft
mls© NumberX13422764
Listed ByROYAL LEPAGE SIGNATURE REALTY

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$5,630
Property tax
$437
Heat allowance
$150
Housing costs
$6,217 / mo

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

Down payment20% · $220,000
25-yr amortization

Income needed

$191,000

gross annual household income

Payment at 4%
$4,629 / mo
Cash down
$220,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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