What $500K gets you in Muskoka

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The very word “Muskoka” has become synonymous with “cottage country.” With more than 1,600 lakes and just a two-hour drive north of Toronto, it has become one of Canada’s premier vacation destinations.

That’s why it’s no surprise that cottages in the area are desirable. Based on 2014 figures, the average of all cottage sales in Muskoka was approximately $750,000. But according to Trevor Docherty, owner of Sutton Group Muskoka Realty, this dollar figure is misleading. “This number includes several large sales, which inflate the number,” he explains.

He believes that the median price of cottages in the area is closer to $500,000 to $700,000, with pricing starting as low as $200,000. “Not all cottages are million dollar cottages and there are plenty of options for the average cottage buyer in the $300,000 to $600,000 range,” says Docherty.

If you are looking for a million dollar property, Hal Johnson and Joanne McLeod’s cottage is currently for sale in the area. But if you fall into the category of the “average” cottage buyer, then we think this property near Dorset on the Lake of Bays might fit the bill. Listed at just under $500,000, 1028 Cliffside Lane is a classic cottage for the area, typifying the Muskoka experience, complete with a wood-burning fireplace, pine cabinetry, and sloping property on the Canadian Shield. However, it does have some standout features—most notably the open-concept living area and a bar right on the dock, eliminating the need to trudge back up to the house for a fresh drink on a hot summer day.

Specs

Address: 1028 Cliffside Lane, Dorset, Ontario

Price: $489,000

Lot Size: 1 acre

Floor Size: 960 square feet

Bedrooms: 3

Bathrooms: 1

Notable Features

  • Fully winterized
  • Lake views from every room
  • Invisible dog fencing system
  • All bedrooms have deck access via sliding glass doors
  • Deck-side bar
  • Open-concept living and dining room