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12 Bigwin Island 118, Lake of Bays, ON P0B 1A0

1 bed · 1 bath · 1 kitchen · 3 rooms · 50 parking spaces · 500-599 sq ft · No locker · Laundry in building · Condo Apartment
$390,000

Utilities includedHeat

Also includedCommon Elements · Building Insurance

Maintenance fee
$685 / month
Property tax
$596 / year
Included in the fee
Heat, Common Elements, Building Insurance

Set along the shoreline of Bigwin Island, this one bedroom waterfront suite offers a front row seat to one of Muskoka's most storied and sought after destinations. Facing the water, the unit captures the essence of island living with calming views and a connection to the lake that carries through every season. Bigwin Island has long been known as a retreat for those seeking something special. Once a destination frequented by Hollywood icons and notable figures, the island still holds that sense of timeless escape and quiet luxury. Today, it offers a rare opportunity to be part of that legacy while enjoying a more relaxed, understated lifestyle.Inside, the layout is both functional and inviting, with a separate bedroom for added comfort and privacy. Whether you are waking up to the shimmer of the lake in the summer or cozying in during the winter months, the space is designed to feel like a true getaway. Life here extends far beyond the warmer months. Summer days are filled with boating, swimming, and long evenings by the water. Fall brings rich colours and peaceful surroundings. In the winter, the island transforms into a serene retreat with snow covered trails, skating, and access across the ice. Spring welcomes a fresh start, as the island comes back to life and another season begins. Accessible by boat, Bigwin offers a unique car free lifestyle with shared water front amenities, docking, and a close knit community feel. Whether you are looking for a personal escape or a place to create lasting memories year round, this waterfront suite captures the spirit of Muskoka living in every season.

MLS number
X13041588
Type
Condo Apartment
Status
Active
Bedrooms
1
Bathrooms
1
Postal code
P0B 1A0
Photos
50
Locker
No
Laundry
Coin Operated, Common Area, Laundry Room
Included in the fee
Heat, Common Elements, Building Insurance
143days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 645 people.

$103,000Median household income
92.9%Own their home
100%Detached houses
59.6Median age
14%Born outside Canada
29.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35440165 — the few blocks around this address, home to 645 people. It describes the area, not this property.

645Population
53.9Average age
2.1Household size
$143,000Average household income
$103,000Median household income
93%Own their home
7%Rent
0%Condominiums
14%Born outside Canada
29%University degree
$1,520,000Average home value
6%Low income
80%Not in the labour force
16%Never married
$20,000 to $24,9991%
$25,000 to $29,9992%
$40,000 to $44,9991%
$45,000 to $49,9993%
$50,000 to $59,9998%
$60,000 to $69,9993%
$70,000 to $79,9993%
$80,000 to $89,9993%
$90,000 to $99,9994%
$100,000 and over34%
$100,000 to $124,99910%
$125,000 to $149,9999%
$150,000 to $199,9997%
$200,000 and over11%

Percentages are of the 455 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$78,000 · minimum here is $19,500
$1,726.84per month
Borrowed before insurance$312,000
Total borrowed$312,000
Interest over 25 years at 4.5%$206,051

If you rented it out

-$2,461.50per month out of pocket
Rent$0.00
Everything it costs to hold$2,461.50
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by ENGEL & VOLKERS TORONTO CITY. Listing data provided by the Toronto Regional Real Estate Board.