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

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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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 20 days

    1098 Hemlock Point Road

    Medora·Muskoka Lakes, ON·P0B 1J0·Near PENINSULA RD AND HEMLOCK PT RD

    • 5 beds
    Muskoka Lakes real estate›X13120948
    • 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

    Set along the coveted shores of Lake Joseph in the prestigious enclave of Avon Bay, this exceptional 5-bedroom luxury cottage offers an unparalleled blend of privacy, craftsmanship, and iconic Muskoka sunsets. With long, unobstructed western views across open water, every evening becomes a front-row experience to some of Muskoka's most breathtaking scenery.The recently renovated interior showcases refined finishes throughout, including a redesigned kitchen, updated flooring, and custom millwork. At the heart of the cottage, the open-concept main floor is anchored by a striking Muskoka stone fireplace, while expansive floor-to-ceiling windows frame the lake and fill the space with natural light. Connected to the kitchen and dining area, the layout is designed for relaxed family living and entertaining.Privately positioned away from the main living areas, the primary suite features a walk-in closet, home office, and spa-inspired 5-piece ensuite. The upper level offers four additional bedrooms, two bathrooms, and a spacious games/media room ideal for family gatherings, guests, or quiet evenings indoors.A true showpiece is the exceptional Muskoka Room designed for three-season enjoyment. Dramatic vaulted ceilings, a grand stone fireplace, and thoughtfully designed dining and lounge areas create a warm atmosphere, while seamless access to the outdoor kitchen makes entertaining effortless.At the shoreline, a newly built three-slip dock is ready for immediate enjoyment, while an approved site for a future two-storey boathouse offers the opportunity to further elevate the waterfront experience. The expansive level lot provides easy access to the water's edge, while more than 28 acres of private wooded forest behind the cottage create a rare sense of seclusion.Ideally located minutes from the shops, restaurants, and amenities of Port Carling, this is a rare opportunity to own a legacy Muskoka property in one of the region's most sought-after locations. A must-see.

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

    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
    May 13, 2026ListedCurrentFor sale$7,495,000 —X13120948This page
    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

      5
      Heating
      Forced Air
      Air conditioning
      Central Air
      Fireplaces
      2
      Water source
    Location & lifestyle

    Getting around, schools & the block

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

    📍 1098 Hemlock Point Road
    What's nearby

    Points of interest classified by the MLS® feed.

    • Golf
    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
    $36,821
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $1,464
    0.23% mill rate · ON
    The market

    How this home sits in the Muskoka Lakes market

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

    The Muskoka Lakes market right now

    Average sold price, days on market, and closed-transaction count for Muskoka Lakes — sourced from MLS®.

    • Avg sold price
      $1,803,416
      Last 30 days
    • Median sold price
      $849,500
      Middle of the market
    • Days on market
      41 d
      Avg from list to close
    • Closed last 30d
      70
      MLS® transactions
    Full Muskoka Lakes market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 1098 Hemlock Point Road — 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 1098 Hemlock Point Road 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 1098 Hemlock Point Road listed for?

      1098 Hemlock Point Road is listed at $7,495,000 on the MLS® (listing X13120948). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 1098 Hemlock Point Road 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. 4 baths
  2. 3500-5000 sqft
  3. Detached
  4. 25-49.99 ac lot
  5. Asking
    $7,495,000
    $0 / sqft · MLS® X13120948
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $2,452,646
    $2,256,434Confidence range$2,648,857
    Asking vs estimate
    ↑↑well-above
    +$5,042,354
    (+205.6%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 5 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Muskoka Lakes sell in about 41 days — this one has been listed 20 days.

    Avg sold price
    $1,803,416
    Median sold
    $849,500
    Avg days on market
    41
    Recently sold
    70
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    AI highlights by Zara
    • At the heart of the cottage, the open-concept main floor is anchored by a striking Muskoka stone fireplace, while expansive floor-to-ceiling windows frame the lake and fill the space with natural light.
    Ask Zara a follow-up
    Well
    Sewer
    Septic
  7. Parking & garage

    3
    Garage
    None
    Parking spaces
    8
    Driveway
    Circular Drive
  8. Interior

    5
    Basement
    None
    Family room
    Y
    Kitchens
    1
    Total rooms
    11
    Laundry level
    Main Level
  9. Exterior & construction

    6
    Exterior
    Wood
    Roof
    Asphalt Shingle
    Foundation
    Slab
    View
    Bay, Clear, Lake
    Waterfront
    Y
    Pool
    None
  10. Lot & land

    1
    Zoning
    WR-4/WR4-R/WC1B/EP1
  11. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    2-Storey
    Property class
    Detached
  12. Room-by-room · 16 rooms

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

    Room dimensions

    Main level

    9 rooms
    • Dining Room
      15.9 × 11.3 ft
    • Office
      14.1 × 13.6 ft
    • Bathroom
      2 Pc Bath
      5.5 × 4.2 ft
    • Sunroom
      38.1 × 20.1 ft
    • Bathroom
      Combined w/Primary
      17.7 × 9.1 ft
    • Kitchen
      19.6 × 11.4 ft
    • Living Room
      20.8 × 23.3 ft
    • Primary Bedroom
      15.5 × 12.2 ft
    • Laundry
      11.6 × 7.8 ft

    Second level

    7 rooms
    • Bedroom
      15.3 × 12.2 ft
    • Bedroom
      15.3 × 13.7 ft
    • Bedroom
      15.0 × 11.8 ft
    • Bedroom
      15.0 × 14.3 ft
    • Bathroom
      11.1 × 6.0 ft
    • Bathroom
      10.9 × 5.8 ft
    • Sitting
      20.9 × 15.7 ft
    Combined estimate
    $38,285
    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
    $36,821
    /mo
    based on the purchase price of $7,495,000
    $1,499,000 cash
    $5,996,000 financed
    $5,050,206 total interest
    Monthly payment$36,821/ month
    Principal54%$5,996,000
    Interest46%$5,050,206

    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 Muskoka Lakes

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

    • 1086 Pennwood Road
      Sold
      Sign in for price
      1086 Pennwood Road
      Detached
    • 1198 & 1188 Hemlock Point Road
      Sold
      Sign in for price
      1198 & 1188 Hemlock Point Road
      Detached
    • 1028 Oak Street
      Sold
      Sign in for price
      1028 Oak Street
      Detached
    • 1083 Hurling Point Road
      Sold
      Sign in for price
      1083 Hurling Point Road
      Detached
    • 1016 Keeler Road
      Sold
      Sign in for price
      1016 Keeler Road
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    1098 Hemlock Point RoadThis home5 / 435,005,000$7,495,000ask———
    1086 Pennwood Road4 / 32,000—
    1198 & 1188 Hemlock Point Road9 / 115,000—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Muskoka Lakes

    Active listings within ±20% of this asking price.

    • 1302 Acton Island Road
      $6,295,000
      1302 Acton Island Road
      Detached 4 5
    • 10 Wyldewood Road
      $8,195,000
      10 Wyldewood Road
      Detached 4 5
    • 1074 Woodington Road
      $7,995,000
      1074 Woodington Road
      Detached 4 6
    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.

  13. One team, no handoffs

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

  14. Showings on YOUR schedule

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

  15. Mortgage that closes

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

  16. Public listing courtesy of Royal LePage Lakes Of Muskoka - Clarke Muskoka Realty · displayed on Summitly per MLS® data-share rules

    1098 Hemlock Point Road is a 5-bedroom, 4-bath, 3500-5000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  17. When was 1098 Hemlock Point Road built?

    The year built for 1098 Hemlock Point Road isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  18. What is the property tax for 1098 Hemlock Point Road?

    The 'Property tax' tab in the History section shows the most recent annual tax for 1098 Hemlock Point Road plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  19. How much would the monthly mortgage be on 1098 Hemlock Point Road?

    The affordability calculator on this page shows an estimated monthly mortgage for $7,495,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  20. Has 1098 Hemlock Point Road been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 1098 Hemlock Point Road with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  21. What neighbourhood is 1098 Hemlock Point Road in?

    1098 Hemlock Point Road is in Medora, Muskoka Lakes. The 'Neighbourhood' section below links to the live Muskoka Lakes real estate hub with average sold price, days on market, and current inventory.

  22. Is Muskoka Lakes a good place to live?

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

  23. 1028 Oak Street
    4 / 3
    1,500
    —
    1083 Hurling Point Road6 / 43,000—
    1016 Keeler Road6 / 83,500—