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1048 West Black Lake Road, Muskoka Lakes, ON P0C 1M0

2 beds · 1 bath · 1 kitchen · 7 rooms · 3 parking spaces · < 700 sq ft · Detached
$630,000
Property tax
$1,600 / year

It's true...good things can come in small packages! This cute two bedroom cottage features a clean and bright interior ready for you to just move your stuff in and start enjoying cottage life. The ample sized kitchen has space for family members to work together to create summer culinary classics that can be grilled to perfection and open lake views will be a focal point while enjoying a meal at the dining table, lounging in the living room or while you sit back with your feet up on the front deck overlooking the water. The great, almost level lot will be a hit with the young and young at heart providing ample space for the kids to play or watch the stars at night. Black Lake offers good fishing including large and small mouth bass, pike and pickerel amongst others as well as room for tubing and waterskiing while being close to Torrance, Bala and Gravenhurst means all your shopping, dining and entertainment wants and needs can be met in a timely fashion.

MLS number
X13654668
Type
Detached
Status
Active
Bedrooms
2
Bathrooms
1
Postal code
P0C 1M0
Photos
42
Laundry
Not in the unit
35days · 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 Lakes331 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
$609k$1.15M$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 539 people.

$86,000Median household income
87.8%Own their home
100%Detached houses
59.6Median age
8.6%Born outside Canada
23.2%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35440222 — the few blocks around this address, home to 539 people. It describes the area, not this property.

539Population
52.5Average age
2.1Household size
$182,000Average household income
$86,000Median household income
88%Own their home
12%Rent
0%Condominiums
9%Born outside Canada
23%University degree
$1,190,000Average home value
10%Low income
20%Never married
Under $5,0003%
$15,000 to $19,9991%
$20,000 to $24,9991%
$25,000 to $29,9995%
$30,000 to $34,9993%
$35,000 to $39,9993%
$40,000 to $44,9993%
$45,000 to $49,9993%
$50,000 to $59,9994%
$60,000 to $69,9994%
$70,000 to $79,9994%
$80,000 to $89,9994%
$90,000 to $99,9995%
$100,000 and over28%
$100,000 to $124,9999%
$125,000 to $149,9997%
$150,000 to $199,9997%
$200,000 and over7%

Percentages are of the 375 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.

$126,000 · minimum here is $38,000
$2,789.50per month
Borrowed before insurance$504,000
Total borrowed$504,000
Interest over 25 years at 4.5%$332,851

If you rented it out

-$2,922.84per month out of pocket
Rent$0.00
Everything it costs to hold$2,922.84
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 Forest Hill Real Estate Inc.. Listing data provided by the Toronto Regional Real Estate Board.