DetachedOn market 48 days

1356 & 1357 Peninsula Rd, Muskoka Lakes

Name: 1356 & 1357 Peninsula Road
SKU: X13743086
Price: 1299000 CAD
Availability: InStock

Muskoka Lakes, ON · · MLS® X13743086Updated September 4, 2026

$1,299,000Est. $6,382/mo mortgage

Bedrooms: 3
Bathrooms: 1
Living space: 1500–2000sq ft
Parking spaces: 3

Type Detached
Basement Crawl Space

What you should know

1356 & 1357 Peninsula Rd is a 3-bedroom, 1-bathroom detached home in Muskoka Lakes, listed for $1,299,000. It has 1500-2000 sq ft of living space.

Welcome to Lake Joseph.
The existing cottage features two bedrooms on the main level plus a cozy loft-style third bedroom, with a spacious wraparound deck overlooking the lake.
Permits are in place for a new double-slip boathouse complete with covered boat slips, rooftop sundeck, and expansive dock space, perfectly positioned to capture all-day sun and beautiful southwest sunsets.

Ask Zara:

3 Bed, 1 Bath Detached Home in Muskoka Lakes

About 1356 & 1357 Peninsula Road

Welcome to Lake Joseph. Set on 260 feet of coveted southwest-facing shoreline, this 3-bedroom cottage offers over 1.5 acres of privacy, excellent exposure, and incredible potential in one of Muskoka's most sought-after locations. The existing cottage features two bedrooms on the main level plus a cozy loft-style third bedroom, with a spacious wraparound deck overlooking the lake. Permits are in place for a new double-slip boathouse complete with covered boat slips, rooftop sundeck, and expansive dock space, perfectly positioned to capture all-day sun and beautiful southwest sunsets. A separate 250 sq. ft. bunkie at the water's edge is also approved for reconstruction, offering additional space for guests or lakeside enjoyment. The waterfront is truly incredible, with a setting you'll appreciate from the end of your dock, and is simply not something you can find at this price point. South Lake Joseph location and located just minutes from Port Sandfield, restaurants, golf, and The Lake Joseph Club, with easy access to everything the Big Three has to offer. Whether you're looking for a Muskoka getaway, family cottage, or the opportunity to create your dream waterfront property, this is a rare chance to secure a prime piece of Lake Joseph with permits already in place and endless possibilities ahead.

3 bedrooms, 1 bathroom, about 1,500 sq ft, works out to roughly $866 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 1356 & 1357 Peninsula Rd

Every detail from the listing, in one place.

Type: Detached
Style: Bungaloft
Living space: 1500-2000 sq ftas stated on the listing
Parking: 3 spaces
Basement: Crawl Space

Features & systems

Parking & garage

Parking spaces: 3

Interior

Basement: Crawl Space

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Bungaloft
Property class: Detached

1356 & 1357 Peninsula Rd Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Sep 3, 2026For saleListedThis listingMLS® X13743086$1,299,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 1356 & 1357 Peninsula Rd Compares to the Muskoka Lakes Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 178 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Muskoka Lakes market, last 90 days

Median sold price: $1,050,000
Average sold price: $2,130,172
Average days on market: 45
Homes sold: 126

Closed sales on the TRREB MLS®.

Full Muskoka Lakes market report

Recently sold nearby in Muskoka Lakes

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

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Home	Sold price	$ / sqft	% of asking	Sold
This home1356 & 1357 Peninsula Road 3 bd · 1 ba · 1,500 sqft	$1,299,000asking	$866	—	—
49 Estates Drive 5 bd · 3 ba · 2,500 sqft
1023 Oak Bank Point Road 4 bd · 5 ba · 2,500 sqft
1211 Foreman Road 3 bd · 2 ba · 1,100 sqft
1375 Peninsula Road 2 bd · 1 ba · 700 sqft
1685 Walkers Pt Road 4 bd · 2 ba · 2,500 sqft
25-1235 Shea Road 3 bd · 3 ba · 2,000 sqft

49 Estates Drive
5 bd · 3 ba · 2,500 sqft
1023 Oak Bank Point Road
4 bd · 5 ba · 2,500 sqft
1211 Foreman Road
3 bd · 2 ba · 1,100 sqft
1375 Peninsula Road
2 bd · 1 ba · 700 sqft
1685 Walkers Pt Road
4 bd · 2 ba · 2,500 sqft
25-1235 Shea Road
3 bd · 3 ba · 2,000 sqft

Living in Muskoka Lakes: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

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How long is your commute?

From 1356 & 1357 Peninsula Rd. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 1356 & 1357 Peninsula Rd

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $6,382; 20% down · 25 years · 5.5% assumed
Property tax: $714; 0.66% mill rate · ON
Total per month: $7,096; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$6,382

/mo

based on the purchase price of $1,299,000

Down payment20%

$259,800 cash

Amortization25 yr

$1,039,200 financed

Rate5.50%

$875,279 total interest

Principal54%$1,039,200

Interest46%$875,279

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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Listing brokerage: CV Real Estate, BrokerageMLS® X13743086 · Listing data last updated September 4, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

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.

For sale· listed Sep 2· $866/sq ft

Estimated monthly mortgage$6,382/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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