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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@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 14 days

    1257 Paint Lake Road

    Ridout·Lake of Bays, ON·P0A 1E0·Near Hwy 117

    • 2 beds
    Lake of Bays real estate›X13222778
    • 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

    Muskoka cottage with private dock and Lake of Bays access. Exceptional value in a sought-after location. Welcome to 1257 Paint Lake Road. An increasingly rare opportunity to own an affordable cottage with real waterfront use on one of Muskoka's most desirable lake systems. This 2-bedroom, 1-bath cottage is ready to enjoy immediately, offering a warm, inviting interior with a WETT-certified wood-burning fireplace and a bright sunroom for added living and sleeping space. Set back from the road with a forested backdrop, it delivers privacy and a relaxed cottage feel. Your 58 feet of deeded shoreline just across the road features a clean, sandy-bottom entry and private dock, ideal for swimming, boating, and long summer days on the water. Paint Lake offers direct boating access into Lake of Bays, unlocking extended exploration, waterfront destinations, and full-day adventures. With year-round access on a municipally maintained paved road, plus a drilled well, septic system, and detached garage for storage, this property is both practical and easy to enjoy from day one. In a market where many options are water-access only, vacant land, or priced significantly higher, this property stands out as a smart entry into Muskoka ownership with immediate use and longterm upside. The lot also offers strong potential to expand or build a larger custom two-storey cottage, whether for personal use or as an investment rental, while still enjoying the existing structure today. Opportunities like this are limited. Secure your place in Muskoka paradise now and start making the most of the seasons ahead. If you're looking for a summer retreat, a family gathering place where cherished memories are made, or a property with future upside, this is your opportunity to step into Muskoka cottage living today, with the flexibility to grow into something more.

    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
    Jun 1, 2026ListedCurrentFor sale$499,000 —X13222778This page
    Mar 25, 2026Previously listedTer$509,000 —X12921312View
    Apr 29, 2025Previously listedExp$509,900 —X12114172View
    Jul 5, 2024Previously listedExp$579,000 —X10436623View
    Apr 9, 2024Previously listedExp$599,000 —X10898404View
    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
      Baseboard
      Air conditioning
      None
      Fireplaces
      1
      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.

    📍 1257 Paint Lake Road
    What's nearby

    Points of interest classified by the MLS® feed.

    • Lake/Pond
    • School Bus Route
    • Waterfront
    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
    $2,451
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $118
    0.28% 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
      $1,058,833
      Last 30 days
    • Median sold price
      $929,000
      Middle of the market
    • Days on market
      80 d
      Avg from list to close
    • Closed last 30d
      33
      MLS® transactions
    Full Lake of Bays market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 1257 Paint Lake 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 1257 Paint Lake 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 1257 Paint Lake Road listed for?

      1257 Paint Lake Road is listed at $499,000 on the MLS® (listing X13222778). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 1257 Paint Lake 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. 1 bath
  2. < 700 sqft
  3. Detached
  4. Built 51-99
  5. < .50 ac lot
  6. Asking
    $499,000
    $713 / sqft · MLS® X13222778
    Chat Zara
  7. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $772,948
    $711,112Confidence range$834,784
    Asking vs estimate
    ↓below
    −$273,948
    (-35.4%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 2 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Lake of Bays sell in about 80 days — this one has been listed 14 days.

    Avg sold price
    $1,058,833
    Median sold
    $929,000
    Avg days on market
    80
    Recently sold
    33
    See comparable sales
    AI highlights by Zara
    • Muskoka cottage with private dock and Lake of Bays access.
    • This 2-bedroom, 1-bath cottage is ready to enjoy immediately, offering a warm, inviting interior with a WETT-certified wood-burning fireplace and a bright sunroom for added living and sleeping space.
    • With year-round access on a municipally maintained paved road, plus a drilled well, septic system, and detached garage for storage, this property is both practical and easy to enjoy from day one.
    • The lot also offers strong potential to expand or build a larger custom two-storey cottage, whether for personal use or as an investment rental, while still enjoying the existing structure today.
    Ask Zara a follow-up
    Well
    Sewer
    Septic
  8. Parking & garage

    4
    Garage
    Detached
    Garage spaces
    1
    Parking spaces
    5
    Driveway
    Private
  9. Interior

    4
    Basement
    None
    Family room
    N
    Kitchens
    2
    Total rooms
    7
  10. Exterior & construction

    6
    Exterior
    Wood
    Roof
    Metal
    Foundation
    Unknown
    View
    Forest, Lake
    Waterfront
    Y
    Pool
    None
  11. Lot & land

    2
    Year built
    51-99
    Zoning
    R
  12. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    Bungalow
    Property class
    Detached
  13. Room-by-room · 7 rooms

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

    Room dimensions

    Main level

    7 rooms
    • Living Room
      17.1 × 11.6 ft
    • Bedroom
      7.6 × 6.6 ft
    • Sunroom
      19.0 × 6.2 ft
    • Kitchen
      7.4 × 5.2 ft
    • Kitchen
      11.6 × 7.0 ft
    • Bathroom
      3 Pc Bath
      6.7 × 5.6 ft
    • Bedroom
      7.6 × 8.6 ft
    Combined estimate
    $2,569
    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
    $2,451
    /mo
    based on the purchase price of $499,000
    $99,800 cash
    $399,200 financed
    $336,231 total interest
    Monthly payment$2,451/ month
    Principal54%$399,200
    Interest46%$336,231

    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.

    • 3149 Limberlost Road
      Sold
      Sign in for price
      3149 Limberlost Road
      Detached
    • 1031 Kelly Road
      Sold
      Sign in for price
      1031 Kelly 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
    AddressBd / BaSqftSold$/sqft% of askSold
    1257 Paint Lake RoadThis home2 / 1700$499,000ask$713——
    3149 Limberlost Road2 / 1700—
    1031 Kelly Road2 / 21,100—
    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.

    • 1004 Bellwood Lane
      $470,000
      1004 Bellwood Lane
      Detached 2 1
    • 1003 Kelly Road
      $559,000
      1003 Kelly Road
      Detached 2 2
    • 1034 Old 117 Highway
      $479,999
      1034 Old 117 Highway
      Detached 2 2
    • 4698 Muskoka Rd 117 Highway
      $475,000
      4698 Muskoka Rd 117 Highway
      Detached 3 1
    • 1088 Colony Road
      $424,900
      1088 Colony Road
      Detached 2 1
    • 254 BIGWIN ISLAND
      $550,000
      254 BIGWIN ISLAND
      Detached 3 1
    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.

  14. One team, no handoffs

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

  15. Showings on YOUR schedule

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

  16. Mortgage that closes

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

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

    1257 Paint Lake Road is a 2-bedroom, 1-bath, < 700 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  18. When was 1257 Paint Lake Road built?

    1257 Paint Lake Road was built in 51-99. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  19. What is the property tax for 1257 Paint Lake Road?

    The 'Property tax' tab in the History section shows the most recent annual tax for 1257 Paint Lake Road plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  20. How much would the monthly mortgage be on 1257 Paint Lake Road?

    The affordability calculator on this page shows an estimated monthly mortgage for $499,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  21. Has 1257 Paint Lake Road been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 1257 Paint Lake Road with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  22. What neighbourhood is 1257 Paint Lake Road in?

    1257 Paint Lake Road is in Ridout, 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.

  23. 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.

  24. 1009-2 Arts Road
    3 / 3
    2,000
    —
    1091 North Tooke Lake Road3 / 1700—
    4945 Muskoka 117 Road4 / 63,000—
    3511 Brunel Road3 / 1700—