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Lots & Land in Muskoka Lakes
About 0 Meda Island Lot 3
Capture the best of the Muskoka "Golden Hour" on Lot 3. This exceptional 2-acre property features 400 feet of shoreline with a sought-after North-West exposure, ensuring long summer days and vibrant evening sunsets. The rugged, natural beauty of the island is on full display here, offering a serene environment for those seeking a legacy property.The clean, deep shoreline is perfect for those who prioritize high-quality swimming and docking. Providing the ultimate balance of island seclusion and mainland convenience, this lot comes with designated parking at Mortimer's Point Marina. Whether you envision a modern architectural marvel or a classic cottage retreat, Lot 3 delivers the scale and setting to make it a reality.
Muskoka Lakes land priced at $739,000 — book a tour to see if it fits your search.
Inside 0 Meda Island Lot 3
Every detail from the listing, in one place.
Type
Land
Lot size
x 31682 sq ft
Features & systems
Lot & land
Lot dimensions
x 3168
Lot size (sqft)
2
Listing & possession
Property class
Vacant Land
0 Meda Island Lot 3 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,630
/mo
based on the purchase price of $739,000
$147,800 cash
$591,200 financed
$497,946 total interest
Principal54%$591,200
Interest46%$497,946
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Muskoka Lakes
Other homes for sale in Muskoka Lakes around $739K.
Average days on market46Homes sold in about 46 days on average.
Sale-to-list ratio94.3%On average, homes sold below asking.
Active listings233Homes for sale here right now.
Median vs prior 90 days+23.5%Compared with Apr 25 – Jul 24, 2026: prices up.
Based on 125 sales from Jul 24 – Oct 22, 2026 (73 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 0 Meda Island Lot 3
How much is 0 Meda Island Lot 3 listed for?
0 Meda Island Lot 3 is listed at $739,000 (MLS® X13095062). Summitly updates the price as soon as the MLS® record changes.
Has the price of 0 Meda Island Lot 3 changed?
Yes — it was first listed at $799,000 and is now $739,000, a drop of $60,000 (7.5%).
How many bedrooms and bathrooms does 0 Meda Island Lot 3 have?
The listing for 0 Meda Island Lot 3 doesn't publish its bedroom and bathroom count. It is a lot in Muskoka Lakes.
How much would the monthly mortgage be on 0 Meda Island Lot 3?
About $3,630 a month — principal and interest on $739,000 with 20% down ($147,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 0 Meda Island Lot 3 compare with other homes in Muskoka Lakes?
Its asking price of $739,000 is about 30% below the median sold price in Muskoka Lakes over the last 90 days, $1,050,000, across 125 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 0 Meda Island Lot 3 been sold before?
Summitly has no earlier MLS® sale or lease of 0 Meda Island Lot 3 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 0 Meda Island Lot 3?
0 Meda Island Lot 3 is in Muskoka Lakes, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 0 Meda Island Lot 3 been on the market?
168 days — 0 Meda Island Lot 3 was listed on May 7, 2026.
What is the lot size of 0 Meda Island Lot 3?
The lot measures × 3168 (3.495 acres), as published in the listing.
What is the land transfer tax on 0 Meda Island Lot 3?
About $11,255 in Ontario land transfer tax at the asking price of $739,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 0 Meda Island Lot 3 or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 0 Meda Island Lot 3?
The listing for 0 Meda Island Lot 3 doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Muskoka Lakes.
