Welcome to your private lakeside retreat on beautiful Bastedo Lake. Set on 9.02 acres of serene, forested land, this peaceful property boasts 450 feet of water frontage on a non-motorized lake, ideal for quiet paddling, swimming, and enjoying the natural beauty around you. The quiet, tree-surrounded setting offers exceptional privacy a true escape from the everyday. This turnkey cottage comes fully furnished, including all interior and exterior furniture plus water toys, making it ready for you to move in and start enjoying immediately. The cozy cottage features everything you need for a relaxing Muskoka getaway, including a steam sauna and a charming outdoor pizza oven, perfect for entertaining family and friends. In addition to personal enjoyment, Bastedo Lodge has generated significant rental income during the high season, with the opportunity to rent year-round, offering excellent investment potential. Located just 15 minutes from Bala and 25 min from Port Carling & Gravenhurst, you'll enjoy a perfect balance of seclusion and nearby amenities. This is more than a cottage-it's a lifestyle. Come experience the peace, privacy, and charm of 1041-1 Summit Road.
3 bedrooms, 1 bathroom, about 2,000 sq ft, works out to roughly $790 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 1041 Summit Rd #1
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
2000-2500 sq ftas stated on the listing
Parking
8 spaces
Basement
Partial Basement, Unfinished
Features & systems
Parking & garage
Parking spaces
8
Interior
Basement
Partial Basement · Unfinished
Lot & land
Lot size (sqft)
9.02
Listing & possession
Property style
2-Storey
Property class
Detached
1041 Summit Rd #1 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13576474$1,579,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1041 Summit Rd #1 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
$7,757
/mo
based on the purchase price of $1,579,000
$315,800 cash
$1,263,200 financed
$1,063,946 total interest
Principal54%$1,263,200
Interest46%$1,063,946
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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Zara · AI virtual agent
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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 2–5 bed homes for sale in Muskoka Lakes around $1.6M.
Average days on market46Homes sold in about 46 days on average.
Sale-to-list ratio94.3%On average, homes sold below asking.
Active listings234Homes for sale here right now.
Median vs prior 90 days+23.5%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 125 sales from Jul 25 – Oct 23, 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 1041 Summit Rd #1
How much is 1041 Summit Rd #1 listed for?
1041 Summit Rd #1 is listed at $1,579,000 (MLS® X13576474). Summitly updates the price as soon as the MLS® record changes.
Is $1,579,000 a good price for 1041 Summit Rd #1?
Summitly rates it Excellent Deal: the asking price is 10% or more below 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 1041 Summit Rd #1 changed?
No — 1041 Summit Rd #1 is still listed at its original asking price of $1,579,000.
How many bedrooms and bathrooms does 1041 Summit Rd #1 have?
1041 Summit Rd #1 has 3 bedrooms and 1 bathroom, with about 2,000–2,500 square feet of living space. It is a detached home in Muskoka Lakes.
How much would the monthly mortgage be on 1041 Summit Rd #1?
About $7,757 a month — principal and interest on $1,579,000 with 20% down ($315,800), 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 1041 Summit Rd #1 compare with other homes in Muskoka Lakes?
Its asking price of $1,579,000 is about 50% above 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 1041 Summit Rd #1 been sold before?
Summitly has no earlier MLS® sale or lease of 1041 Summit Rd #1 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1041 Summit Rd #1?
1041 Summit Rd #1 is in Muskoka Lakes, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1041 Summit Rd #1 been on the market?
98 days — 1041 Summit Rd #1 was listed on July 17, 2026.
What is the price per square foot of 1041 Summit Rd #1?
About $632 to $790 per square foot: the asking price of $1,579,000 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 1041 Summit Rd #1 have parking or a garage?
Yes — the listing gives 8 parking spaces.
Does 1041 Summit Rd #1 have a basement, and is it finished?
The listing describes the basement as: Partial Basement, Unfinished.
