42 TODHOLM DRIVE TODHOLM DRIVE, Muskoka Lakes (Medora)

$1,950,000

For sale: Detached

Detached at 42 TODHOLM DRIVE TODHOLM DRIVE, Muskoka Lakes (Medora)
Property type
Detached
Bedrooms / bathrooms
5 bedrooms, 3 bathrooms
Living area
2,000 sqft
MLS®
MLS® X13710672
Neighbourhood
Medora

Beautiful Unique "A" shaped cottage fully renovated and located in the heart of Muskoka cross from Hanna park and beach. This property offer a large waterfront with a beautiful recently constructed dock with a 700 square feet double deck right on the water. Room for a boat to be covered and stay dry. The glass railing on the deck gives you great space for just enjoying or having a great get together. Being right in town enjoy the shopping for all your needs. The "A" shape will provide you tons and tons of sunlight. The newly renovated kitchen gives you tons of space to cook. The loft on the second floor is beautiful space that gives you scenic views of the waterfront through the "A" shaped windows. Seeing is believing. The Septic system was was replaced in August 2023. Both Septic and Double deck with dock done with City permits. Landscaping done with Muskoka Stone with a fire pit. 3000 square feet gives a large family tons of room. Short term rental can make a great investment to your portfolio. Capable of bringing a cap rate of 18 percent. At present bringing in 10 percent. This property can offer great times and be a great investment. Cap Rate of over 10 percent. Will make it nice retirement property. Force air furnace and air conditioning and Generator are 4 years old. All the furniture is included which is 6 years old. **EXTRAS** Fridge, Built in countertop electric stove, Built in oven, Built in Microwave, Built in Dishwasher, Washer and Dryer. Electrical fixtures. 24 Kwatt Generator. 6 persons Hot tub. Tesla Charger. Will get it in perfect condition as all updates will be completed as per buyer choice. Turn key.

Sold data

Detached homes in Muskoka Lakes (Medora) — recent sold market

Detached homes in Muskoka Lakes (Medora) took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 61, across 81 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 37 days.

The median sale price was $1,549,000.

Homes sold for about 3.8% below asking on average, so there was room to negotiate.

About 9% of sales closed above the list price.

Around 28% of sellers reduced their price before finding a buyer.

Median days to sell
27
Median sale price
$1,549,000
Sale-to-list ratio
96.2%
Sold above asking
9%

Based on 81 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 42 TODHOLM DRIVE TODHOLM DRIVE