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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 17 days

    Unit 23 — 1020 Ridgeline Drive

    Franklin·Lake of Bays, ON·P1H 2J6·Near Hwy 60 and Echo Hills Rd.

    • 4 beds
    Lake of Bays real estate›X13447386
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Welcome to 1020 Ridgeline Drive, a stunning 4-bedroom Muskoka retreat set on a private 1.75 acre lot in beautiful Lake of Bays. Surrounded by towering trees and breathtaking natural scenery, this exceptional property offers the perfect balance of luxury, comfort, and tranquility. Designed for effortless cottage living, the bright open-concept layout features soaring ceilings, expansive windows, quality finishes, hardwood flooring, and a spacious kitchen ideal for entertaining family and friends. The generous primary suite, multiple guest bedrooms, screened-in porch, and large outdoor living areas provide plenty of space to relax and enjoy the beauty of cottage country. Step outside and immerse yourself in the Muskoka lifestyle with nearby lakes, beaches, hiking trails, wildlife viewing, golf courses, resorts, and over 900 acres of protected nature preserve. Enjoy boating, swimming, fishing, snowmobiling, skiing, and endless four-season recreation just minutes from your doorstep. Conveniently located near Dwight Beach and Huntsville, this property is perfect as a year-round residence, family cottage, weekend escape, or investment opportunity. Experience the peace, privacy, and natural beauty that make Muskoka one of Ontario's most sought-after destinations. Your cottage-country dream starts here.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 15, 2026ListedCurrentFor sale$1,050,000 —X13447386This page
    Jul 4, 2025Previously listedExp$1,099,000 —X12269533View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Forced Air
      Air conditioning
      Central Air
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 Unit 23 — 1020 Ridgeline Drive
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $5,158
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $277
    0.32% mill rate · ON
    The market

    How this home sits in the Lake of Bays market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Lake of Bays market right now

    Average sold price, days on market, and closed-transaction count for Lake of Bays — sourced from MLS®.

    • Avg sold price
      $1,094,266
      Last 30 days
    • Median sold price
      $952,000
      Middle of the market
    • Days on market
      78 d
      Avg from list to close
    • Closed last 30d
      32
      MLS® transactions
    Full Lake of Bays market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Unit 23 — 1020 Ridgeline Drive — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at Unit 23 — 1020 Ridgeline Drive and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is Unit 23 — 1020 Ridgeline Drive listed for?

      Unit 23 — 1020 Ridgeline Drive is listed at $1,050,000 on the MLS® (listing X13447386). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Unit 23 — 1020 Ridgeline Drive have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 3 baths
  2. 2000-2500 sqft
  3. Detached
  4. Asking
    $1,050,000
    $0 / sqft · MLS® X13447386
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,291,234
    $1,187,935Confidence range$1,394,533
    Asking vs estimate
    ↓below
    −$241,234
    (-18.7%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 4 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Lake of Bays sell in about 78 days — this one has been listed 17 days.

    Avg sold price
    $1,094,266
    Median sold
    $952,000
    Avg days on market
    78
    Recently sold
    32
    See comparable sales
    • Welcome to 1020 Ridgeline Drive, a stunning 4-bedroom Muskoka retreat set on a private 1.75 acre lot in beautiful Lake of Bays.
    • Designed for effortless cottage living, the bright open-concept layout features soaring ceilings, expansive windows, quality finishes, hardwood flooring, and a spacious kitchen ideal for entertaining family and friends.
    • The generous primary suite, multiple guest bedrooms, screened-in porch, and large outdoor living areas provide plenty of space to relax and enjoy the beauty of cottage country.
    • Step outside and immerse yourself in the Muskoka lifestyle with nearby lakes, beaches, hiking trails, wildlife viewing, golf courses, resorts, and over 900 acres of protected nature preserve.
    Ask Zara a follow-up
    Septic
  6. Parking & garage

    3
    Garage
    None
    Parking spaces
    4
    Driveway
    Private
  7. Interior

    5
    Basement
    Partially Finished
    Family room
    Y
    Kitchens
    1
    Total rooms
    4
    Laundry level
    Main Level
  8. Exterior & construction

    4
    Exterior
    Vinyl Siding
    Roof
    Shingles
    Foundation
    Concrete
    Pool
    None
  9. Listing & possession

    3
    Occupancy
    TBD
    Property style
    2-Storey
    Property class
    Detached
  10. Room-by-room · 9 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    6 rooms
    • Primary Bedroom
      4 pc ensuite · double sink · broadloom
      15.8 × 15.2 ft
    • Laundry
      laundry sink · tile floor
      11.3 × 5.5 ft
    • Dining Room
      combined w/kitchen · w/o to deck
      20.8 × 15.4 ft
    • Foyer
      Tile Floor
      9.0 × 5.5 ft
    • Living Room
      fireplace · vaulted ceiling(s)
      17.6 × 18.9 ft
    • Kitchen
      combined w/dining · pantry
      20.8 × 15.4 ft

    Second level

    3 rooms
    • Bedroom 2
      large closet · window · broadloom
      18.0 × 9.8 ft
    • Bedroom 3
      closet · window · broadloom
      11.0 × 10.0 ft
    • Bedroom 4
      closet · window · broadloom
      12.0 × 10.0 ft
    Combined estimate
    $5,435
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $5,158
    /mo
    based on the purchase price of $1,050,000
    $210,000 cash
    $840,000 financed
    $707,500 total interest
    Monthly payment$5,158/ month
    Principal54%$840,000
    Interest46%$707,500

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in Lake of Bays

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 1183 Golf Course Road
      Sold
      Sign in for price
      1183 Golf Course Road
      Detached
    • 1009-2 Arts Road
      Sold
      Sign in for price
      1009-2 Arts Road
      Detached
    • 1091 North Tooke Lake Road
      Sold
      Sign in for price
      1091 North Tooke Lake Road
      Detached
    • 4945 Muskoka 117 Road
      Sold
      Sign in for price
      4945 Muskoka 117 Road
      Detached
    • 3511 Brunel Road
      Sold
      Sign in for price
      3511 Brunel Road
      Detached
    • 1078 Owls Court Lane
      Sold
      Sign in for price
      1078 Owls Court Lane
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    Unit 23 — 1020 Ridgeline DriveThis home4 / 320,002,500$1,050,000ask———
    1183 Golf Course Road4 / 31,500—
    1009-2 Arts Road3 / 32,000—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Lake of Bays

    Active listings within ±20% of this asking price.

    • 1162 Burlmarie Road
      $849,900
      1162 Burlmarie Road
      Detached 3 2
    • 1040 Greensview Drive
      $849,900
      1040 Greensview Drive
      Detached 3 4
    • 1087 Glenmount Road
      $1,149,000
      1087 Glenmount Road
      Detached 4 3
    • 11 Carol Street
      $874,900
      11 Carol Street
      Detached 3 2
    • 2391 Limberlost Road
      $1,225,000
      2391 Limberlost Road
      Detached 4 3
    • 1056 Inawendawin Road
      $1,245,000
      1056 Inawendawin Road
      Detached 3 2
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  11. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  12. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  13. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  14. Public listing courtesy of RE/MAX WEST REALTY INC. · displayed on Summitly per MLS® data-share rules

    Unit 23 — 1020 Ridgeline Drive is a 4-bedroom, 3-bath, 2000-2500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  15. When was Unit 23 — 1020 Ridgeline Drive built?

    The year built for Unit 23 — 1020 Ridgeline Drive isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  16. What is the property tax for Unit 23 — 1020 Ridgeline Drive?

    The 'Property tax' tab in the History section shows the most recent annual tax for Unit 23 — 1020 Ridgeline Drive plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  17. How much would the monthly mortgage be on Unit 23 — 1020 Ridgeline Drive?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,050,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  18. Has Unit 23 — 1020 Ridgeline Drive been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Unit 23 — 1020 Ridgeline Drive with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  19. What neighbourhood is Unit 23 — 1020 Ridgeline Drive in?

    Unit 23 — 1020 Ridgeline Drive is in Franklin, Lake of Bays. The 'Neighbourhood' section below links to the live Lake of Bays real estate hub with average sold price, days on market, and current inventory.

  20. Is Lake of Bays a good place to live?

    Lake of Bays is one of ON's actively-tracked Summitly markets. The full Lake of Bays real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  21. 1091 North Tooke Lake Road
    3 / 1
    700
    —
    4945 Muskoka 117 Road4 / 63,000—
    3511 Brunel Road3 / 1700—
    1078 Owls Court Lane5 / 21,100—