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Listed 1 month ago

30 Stephen Road

Medora, Muskoka Lakes

$1,549,000

Detached|1 1/2 Storey
4 | 5 | 7
About this home

Walkable access to Port Carling and exceptional privacy define this meticulously updated 3,477 square foot, four bed, five bath home set on 2.45 beautifully treed acres with partial views of Silver Lake. Natural light fills the home through expansive windows, enhancing the open concept kitchen with heated flooring and custom island, the dining area, and the living room with a propane fireplace. A heated Muskoka Room extends the living space and opens to the deck for effortless indoor outdoor enjoyment. The main floor primary provides a private retreat with a three piece bath with heated flooring, walk in closet, and a secluded balcony. Upstairs, two well appointed bedrooms share a four piece bathroom. The newly finished walkout lower level features hydronic heated flooring throughout, a spacious recreation area with a propane fireplace, powder room, and a generous office with forest views. Above the oversized heated double garage, a newly built private suite offers heated floors and three piece bath, ideal for guests or extended family. Fully transformed from top to bottom, recent upgrades include a new septic system, wired generator, on demand hot water, steel roof, updated floor and ceilings, hot tub and more. A complete list of improvements is available upon request. Low maintenance and beautifully refined, this property is ideal for modern living or cottage overflow. The setting offers a quiet, natural backdrop while keeping you moments from the village with nearby boat launches connecting you to Lake Rosseau and Lake Muskoka for the Big Three boating experience that defines the Muskoka lifestyle.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$3,723
Lot Size202.47 ft x 507.97 ft
mls© NumberX13615628
Listed ByChestnut 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%
$7,928
Property tax
$310
Heat allowance
$150
Housing costs
$8,389 / mo

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

Down payment20% · $309,800
25-yr amortization

Income needed

$258,000

gross annual household income

Payment at 4%
$6,518 / mo
Cash down
$309,800

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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