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1521 Old Hwy 117
homes for sale · Lake of Bays · Franklin
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$1,999,000

1521 Old Hwy 117

Franklin, Lake of Bays · MLS® X13830728

218

House · Single Family · 29 days on market

listed by DAVE GOULDEN, Royal LePage Lakes Of Muskoka Realty

realtor's description

An extraordinary two-storey boathouse unlike anything else on Lake of Bays. Approximately 2,200 sq. ft., it features multiple dormers, skylights, balconies, a spacious entertainment deck, upper and lower multipurpose rooms, two boat slips with electric hoists and even a washroom. The true showpiece is the natural stream that flows through the boathouse, passing through two sections of the building connected by a distinctive arched footbridge before continuing to the lake. A remarkable combination of architecture, nature and waterfront living. The property comprises of three parcels totaling approximately 2.16 acres with 265 feet of Lake of Bays shoreline. Abundant table land and a gently sloping building site create an ideal setting for a luxury cottage or year-round home. A demolition permit is already in place for the existing two-bedroom cottage, providing a valuable head start for a new build. Enjoy wide-open big-lake views toward Bigwin Island, all-day sunshine and spectacular western sunset exposure, along with excellent privacy. Access is straightforward, with a private meandering driveway leading directly from Muskoka Highway 117, a year-round municipally maintained road. The driveway winds through mature forest, past the property's distinctive weathered lions and alongside a gentle bubbling stream before opening onto the waterfront. This prime location offers an important advantage: easy highway access and a shorter commute to the city, making it an especially appealing choice for a luxury cottage or year-round home. Close to championship golf, downhill and cross-country skiing, hiking, biking, boating and the charming communities of Muskoka, this is a remarkable opportunity to build your dream on Lake of Bays while keeping the GTA within convenient reach.

similar homes nearby

property details

type
House, Single Family
bedrooms
2
bathrooms
1
parking
8
property tax
$7,792 / yr
days on market
29
MLS®
X13830728

features

  • Irregular lot size

monthly cost

$9,359/mo
Mortgage $8,709 · Tax $649

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$8,709/ monthly
loan $1,599,200
25-year amortization
total interest
$1,013,635
cash to close
$399,800
down payment; transfer tax and fees not included
total paid
$2,612,835

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
DAVE GOULDEN
Royal LePage Lakes Of Muskoka Realty
call DAVE · 705-380-7199
Powered by: REALTOR.ca
▶ virtual tour

location

Franklin, Lake of BaysGoogle Maps ↗

location

Franklin, Lake of BaysGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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