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1075 Leonard Lake 2 Road, Muskoka Lakes, ON P1L 0M5

3 beds · 2 baths · 1 kitchen · 7 rooms · 10 parking spaces · 1500-2000 sq ft · Laundry on the upper level level · Detached
$929,000
Property tax
$2,677 / year

Nestled among granite outcroppings and set above the road, this 25-acre country retreat offers wonderful views of Leonard Lake along with the privacy and serenity Muskoka is famous for, just 15 minutes from Bracebridge and all its conveniences.The open-concept main floor is carpet-free, with easy-maintenance vinyl plank flooring throughout. The living room spans almost the full width of the home, warmed by a pellet stove, and walks out to the wrap-around deck for easy indoor-outdoor living. The updated kitchen features a new stove and fridge, while the spa-like main bath offers a walk-in shower. A third bedroom or office, plus a storage room and utility room, round out this level.Upstairs, the primary suite impresses with hardwood floors, walk-in closet, a 2-piece ensuite, convenient laundry, and a private balcony overlooking the lake. A cozy sitting nook at the top of the stairs is made for curling up with a good book. The newly renovated guest bedroom, finished with Berber carpet, spans the full width of the home's front, with plenty of room for its own sitting area and bed space.Outside, a covered deck runs down one side of the home, framing lovely views over Leonard Lake. Tucked among the trees with 25 acres of green space to enjoy, it's an ideal setting for those seeking privacy, nature, and room to roam.

MLS number
X13570720
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
2
Postal code
P1L 0M5
Photos
47
Laundry
Upper Level level
58days · 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

No previous listings found for this address.

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 Muskoka Lakes — 331 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
$914k$1.30M$1.68M20252026this home’s asking price
$1.11Mlatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
95%97%100%20252026the asking price
96%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d26d53d20252026
20dlatest 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 muskoka lakes. 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 520 people.

$99,000Median household income
91.3%Own their home
54.8Median age
6.4%Born outside Canada
26.3%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35440214 — the few blocks around this address, home to 520 people. It describes the area, not this property.

520Population
48.4Average age
2.2Household size
$196,000Average household income
$99,000Median household income
91%Own their home
9%Rent
0%Condominiums
6%Born outside Canada
26%University degree
$1,030,000Average home value
9%Low income
62%Not in the labour force
20%Never married
Under $5,0003%
$25,000 to $29,9991%
$30,000 to $34,9993%
$35,000 to $39,9991%
$40,000 to $44,9991%
$45,000 to $49,9993%
$50,000 to $59,9994%
$60,000 to $69,9993%
$70,000 to $79,9994%
$80,000 to $89,9993%
$90,000 to $99,9994%
$100,000 and over34%
$100,000 to $124,99910%
$125,000 to $149,9996%
$150,000 to $199,9999%
$200,000 and over9%

Percentages are of the 340 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.

$185,800 · minimum here is $67,900
$4,113.41per month
Borrowed before insurance$743,200
Total borrowed$743,200
Interest over 25 years at 4.5%$490,823

If you rented it out

-$4,336.49per month out of pocket
Rent$0.00
Everything it costs to hold$4,336.49
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.