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Medora, Muskoka Lakes
$10,495,000
Welcome to Onaway Island. This extraordinary property, a true crown jewel in the heart of Muskoka, offers a one-of-a-kind lifestyle, blending the warmth and character of a classic Canadian lodge with the timeless charm of Americana. Set on over 2 acres of a private island with an impressive 1320 feet of frontage, this offering is truly unmatched in its beauty, privacy, and classic elegance. The 4-bedroom cottage, boasting breathtaking views from every room and porch, is a masterpiece of design, where bark-stripped columnsand exposed rafter tails exude a character unrivalled in today's construction. A hand-built custom fireplace, a beautiful Muskoka room,and a separate master wing with a private ensuite provide an idyllic retreat. Outside, the island's natural beauty shines with sunrise-to-sunset views, dotted with picturesque islands. The oversized 3-slip boathouse, complete with second-story living accommodations,extensive docking, and even a helipad landing, adds another layer of luxury to this exceptional property. A bocce ball court on thewesterly side, a trail winding around the island, swim coves, and jumping rocks offer endless opportunities for recreation and relaxation.Offered turnkey, this property is ready for you to step into a life of unparalleled luxury and tranquility on your own private island inMuskoka.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 16-30 |
| Size | 3500-5000 sq. ft. |
| Property Tax | $19,972 |
| Lot Size | 1320 ft x 380 ft |
| mls© Number | X13493762 |
| Listed By | Chestnut Park Real Estate |
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%
- $53,718
- Property tax
- $1,664
- Heat allowance
- $150
- Housing costs
- $55,532 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$1,709,000
gross annual household income
- Payment at 4%
- $44,165 / mo
- Cash down
- $2,099,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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