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Listed 6 months ago

C-103 - 1869 Muskoka Road 118 N/A W

Monck (Muskoka Lakes), Muskoka Lakes

$614,000

Condo Apartment |
2 | 2 | 1 | 0
About this home

Don't miss out on this stunning 2-bedroom, 2-bathroom condo at the prestigious Touchstone Resort on Lake Muskoka! Perfect for families and pet owners, this property allows owners to bring their pets. The unit comes fully furnished with a modern kitchen, offering the ideal Muskoka living experience without the hassle of maintenance. With a back deck steps away from the pool and Lake Muskoka, this condo is a full ownership unit that requires placing it in the rental pool for 8 weeks, with only two weeks needed between May and September. This is your opportunity to own a piece of paradise near the sandy beach on Lake Muskoka. The 2-bedroom unit is an ideal spot to enjoy breathtaking sunsets and a maintenance-free getaway. Take advantage of amenities such as an infinity pool, hot tub, Touch Spa, fitness room, tennis courts, and a beach with an additional pool and hot tub. Enjoy non-motorized water toys while experiencing the best of Muskoka living. Prepare meals in the fully equipped modern kitchen or dine at the on-site Touchstone Grill restaurant or nearby establishments in Bracebridge or Port Carling. Whether you're jumping off the docks, relaxing on the beach, or exploring the lake with a kayak or paddleboard, you'll always have a view of the sparkling Lake Muskoka, creating lasting memories in the stunning Muskoka Lakes area.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$1,047
LockerNone
BalconyTerrace
ExposureEast
Parking TypeNone
Parking Spaces1
Parking FeaturesNone
Property Tax$5,771
mls© NumberX13008552
Listed ByENGEL & VOLKERS OAKVILLE
Building Insurance Included
Water Included
Common Elements Included
Cable TV Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,143
Property tax
$481
Heat allowance
$150
Condo fees, half counted
$523
Housing costs
$4,297 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $122,800
25-yr amortization

Income needed

$132,000

gross annual household income

Payment at 4%
$2,584 / mo
Cash down
$122,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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