1028 Medora Lake Rd is a 2-bedroom, 2-bathroom detached home in Muskoka Lakes, listed for $999,997. It has 700-1100 sq ft of living space.
1Built in 2012 and thoughtfully updated in 2026, the main home features 2 bedrooms and 1 bathroom, with a warm, comfortable layout designed for easy year-round living.
2BasementApartment, Finished, as described in the listing.
Live, Work and Unwind in the Heart of Muskoka: Welcome to 1028 Medora Lake Road in Port Carling -a unique recently severed property offering 15+ acres of beautifully treed land, privacy, flexibility and an exceptional country lifestyle, just minutes from Bala and close to the shops, services, dining and recreational amenities of the surrounding Muskoka communities. Built in 2012 and thoughtfully updated in 2026, the main home features 2 bedrooms and 1 bathroom, with a warm, comfortable layout designed for easy year-round living. The lower level includes a self-contained 1-bedroom, 1-bathroom apartment with its own separate entrance, creating excellent options for extended family, guests, rental income, staff accommodation or a private home office.For entrepreneurs, tradespeople, contractors, hobbyists or anyone who needs a serious workspace, the impressive two-bay shop is a true highlight. Equipped with in-floor heating and a Heat Recovery Ventilator system for enhanced air quality and comfort, it offers a practical, efficient environment for year-round projects, storage, equipment or business use.The expansive acreage provides room to explore, relax and enjoy nature, with mature trees creating a peaceful sense of seclusion. Imagine quiet mornings, star-filled evenings, space for outdoor recreation and the freedom to shape the property around your lifestyle.Close to amenities yet surrounded by the calm of the countryside, this versatile Muskoka property is ideal for those who want to live and work in one peaceful, private setting. Whether you are seeking a home-based business opportunity, multi-generational living, added income potential or simply more room to breathe, 1028 Medora Lake Road offers the space, flexibility and location to make it possible.
2 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $1,429 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 1028 Medora Lake Rd
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow-Raised
Living space
700-1100 sq ftas stated on the listing
Parking
14 spacesYes garage
Basement
Apartment, Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
14
Interior
Basement
Apartment · Finished
Lot & land
Lot size (sqft)
15.4
Listing & possession
Property style
Bungalow-Raised
Property class
Detached
1028 Medora Lake Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13554866$999,997
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1028 Medora Lake Rd Compares to the Muskoka Lakes Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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
$4,913
/mo
based on the purchase price of $999,997
$199,999 cash
$799,998 financed
$673,808 total interest
Principal54%$799,998
Interest46%$673,808
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.
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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 3–4 bed homes for sale in Muskoka Lakes around $1000K.
Average days on market51Homes sold in about 51 days on average.
Sale-to-list ratio93.6%On average, homes sold below asking.
Active listings171Homes for sale here right now.
Median vs prior 90 days+33.9%Compared with May 16 – Aug 14, 2026: prices up.
Based on 122 sales from Aug 14 – Nov 12, 2026 (80 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1028 Medora Lake Rd
How much is 1028 Medora Lake Rd listed for?
1028 Medora Lake Rd is listed at $999,997 (MLS® X13554866). Summitly updates the price as soon as the MLS® record changes.
Is $999,997 a good price for 1028 Medora Lake Rd?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Muskoka Lakes. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1028 Medora Lake Rd changed?
No — 1028 Medora Lake Rd is still listed at its original asking price of $999,997.
How many bedrooms and bathrooms does 1028 Medora Lake Rd have?
1028 Medora Lake Rd has 2 bedrooms and 2 bathrooms, with about 700–1,100 square feet of living space. It is a detached home in Muskoka Lakes.
How much would the monthly mortgage be on 1028 Medora Lake Rd?
About $4,913 a month — principal and interest on $999,997 with 20% down ($199,999), 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 1028 Medora Lake Rd compare with other homes in Muskoka Lakes?
Its asking price of $999,997 is about 12% below the median sold price in Muskoka Lakes over the last 90 days, $1,138,000, across 122 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 1028 Medora Lake Rd been sold before?
Summitly has no earlier MLS® sale or lease of 1028 Medora Lake Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1028 Medora Lake Rd?
1028 Medora Lake Rd is in Muskoka Lakes, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1028 Medora Lake Rd been on the market?
122 days — 1028 Medora Lake Rd was listed on July 13, 2026.
What is the price per square foot of 1028 Medora Lake Rd?
About $909 to $1,429 per square foot: the asking price of $999,997 over the 700–1,100 sq ft the listing gives as its size range.
Does 1028 Medora Lake Rd have parking or a garage?
Yes — the listing gives 14 parking spaces. Garage: Yes.
Does 1028 Medora Lake Rd have a basement, and is it finished?
The listing describes the basement as: Apartment, Finished.
