Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

4 Spruce Street E, Lake of Bays, ON P0B 1A0

3 beds · 2 baths · 1 kitchen · 8 rooms · 5 parking spaces · 1500-2000 sq ft · Laundry on the upper level level · Detached
$659,500
Property tax
$1,527 / year

Fall in love with this recreational residence nestled in the heart of the adorable and charming village of Baysville. Serviced by municpal water and sewer making this a more desirable property. This gorgeous 1890 built farm house is a pleasure to view and comes pretty much the way you see it. Step into this dream lifestyle either as a home, cottage, airbnb or a mix that works with your ideal new life. Wide plank style flooring, exposed beams, tongue and groove pine ceilings, exposed brick, with all of the amenities you expect. The property has ample privacy from neighbours and a Lake of Bays view from your yard. The beach and marina are a stroll away for a swim, paddle board, kayak or go explore beautiful lake of bays on your boat that you access conveniently at your nearby marina. A little general store, bakery, restaurants, brewery, gazebo on the water iat the park, andscenic dam are all a block or two away. The spacious sunlit residence features a grand living room with a propane fireplace, kitchen perfect for entertaining with your family/guests with ample space and ability to stay connected while cooking together. Main level family room features a walk out door to a large deck with a quintessential screened in room. Upstairs does not disappoint with the library in the loft for quiet moments of reflection. The 3 generous family size bedrooms and large 3 piece bathroom includes glass shower and laundry. The basement is dry, clean and full height offering a good storage and utility area and has been upgraded and sealed to keep moisture out of the residence. The home and garage have low maintenance vinyl siding and metal roofs for year round easy care. Part of the yard is fenced for kids, dogs and ideal for a veggie garden. A view from the yard to Lake of Bays is a bonus and reminder that you are just down the street from one of the most sought after lakes in Muskoka. Please watch the online video.

MLS number
X13449238
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
2
Postal code
P0B 1A0
Photos
49
Laundry
Upper Level level
89days · 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 3 times.

Sale history is for registered usersSee what this address sold for and when, across all 3 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.

The market around this home

Detached houses in Lake of Bays — 140 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$604k$829k$1.05M20252026this home’s asking price
$889klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
94%97%100%20252026the asking price
96%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d33d66d20252026
27dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in lake of bays. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 593 people.

$82,000Median household income
85.2%Own their home
94.6%Detached houses
56.8Median age
11.1%Born outside Canada
26.3%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35440247 — the few blocks around this address, home to 593 people. It describes the area, not this property.

593Population
49.9Average age
2.1Household size
$104,000Average household income
$82,000Median household income
85%Own their home
15%Rent
0%Condominiums
11%Born outside Canada
26%University degree
$1,060,000Average home value
10%Low income
98%Not in the labour force
18%Never married
$15,000 to $19,9993%
$20,000 to $24,9993%
$25,000 to $29,9994%
$30,000 to $34,9991%
$35,000 to $39,9993%
$45,000 to $49,9993%
$50,000 to $59,9998%
$60,000 to $69,9996%
$70,000 to $79,9995%
$80,000 to $89,9993%
$90,000 to $99,9995%
$100,000 and over29%
$100,000 to $124,9999%
$125,000 to $149,9995%
$150,000 to $199,9996%
$200,000 and over8%

Percentages are of the 385 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.

$131,900 · minimum here is $40,950
$2,920.12per month
Borrowed before insurance$527,600
Total borrowed$527,600
Interest over 25 years at 4.5%$348,437

If you rented it out

-$3,047.37per month out of pocket
Rent$0.00
Everything it costs to hold$3,047.37
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 Royal LePage Lakes Of Muskoka Realty. Listing data provided by the Toronto Regional Real Estate Board.