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Featured
Listed 2 months ago

1216 Hamills Point Road

Medora, Muskoka Lakes

$4,399,000

Detached|Bungalow
4 | 2 | 6
About this home

Welcome to an extraordinary opportunity on prestigious Lake Joseph, where timeless Muskoka charm meets one of the region's most coveted waterfront settings. Boasting 200 feet of prime south-facing shoreline, this exceptional four-season retreat captures breathtaking panoramic views and features a private sandy beach, offering an unparalleled lakeside lifestyle in one of Canada's most exclusive destinations. Offering approximately 2,500 square feet of living space across two levels, the cottage features four spacious bedrooms, two full bathrooms, a bright walk-out lower level, and inviting living spaces designed for both relaxing weekends and unforgettable gatherings. The open dining area extends effortlessly onto an expansive waterfront deck, creating the perfect backdrop for entertaining, dining al fresco, or simply taking in the beauty of Lake Joseph. Thoughtfully maintained and extensively improved, the property features new upper and lower-level bathrooms, a new washer and dryer, new kitchen vinyl flooring, a new dishwasher, and a water filtration system, allowing you to enjoy the cottage from day one. The current owner has also invested over $600,000 into the permanent oversized grandfathered Deckorators Voyage composite dock-an incredibly rare and valuable feature on Lake Joseph that enhances both the property's legacy and long-term appeal. Whether you envision enjoying the cottage exactly as it is, creating a beautifully renovated retreat, or designing a custom luxury waterfront estate, this remarkable property offers endless potential. With the possibility of a two-slip boathouse (subject to approvals) and convenient year-round access via a municipally maintained road, opportunities like this are becoming increasingly rare.A true South Lake Joseph offering, this is your chance to own an exceptional piece of Muskoka waterfront and create a legacy property that will be enjoyed for generations.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$10,141
Lot Size105.26 ft x 248.76 ft
mls© NumberX13664878
Listed ByROYAL LEPAGE SIGNATURE 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%
$22,516
Property tax
$845
Heat allowance
$150
Housing costs
$23,511 / mo

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

Down payment20% · $879,800
25-yr amortization

Income needed

$723,000

gross annual household income

Payment at 4%
$18,512 / mo
Cash down
$879,800

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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