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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 — RECO Registration #6018570.

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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 132 daysPrice drop · $85,000 off (-4.9%)

    2872 Muskoka Road 118 W

    ·Muskoka Lakes, ON··

    • 5 beds
    Muskoka Lakes real estate›X12898074
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    1 upcoming open house

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Sun, Jul 26
      2026-07-26T18:00:00.000-00:00 – 2026-07-26T20:00:00.000-00:00
      Public
    Walk through online
    Listing agent has provided a interactive tour
    Open virtual tour
    Overview

    What this listing tells us

    Property description

    On the shores of Brandy Lake, where strong rental performance meets a lifestyle people come to Muskoka for, this 4 season waterfront home offers over $150,000 in Airbnb revenue in the most recent season with a history of consistent returns. This is city vibes in beautiful cottage country, where elevated design meets laid back lake life in all the right ways. Inside, sunlight pours through lakeside patio doors, framing the water and filling the main living space with natural light. A sleek fireplace, integrated sound system, and refined finishes create a space that feels both elevated and inviting, perfect for hosting or slowing down after a day on the lake. The kitchen brings everyone together, with a quartz waterfall island that becomes the natural gathering place for morning coffee, shared meals and long evenings that never feel rushed. Three spacious bedrooms on the main level offer comfort and privacy, complemented by a flexible bonus space that easily transforms into a fourth bedroom. The spa inspired bathroom with heated floors adds a layer of comfort that makes four season living feel seamless. A private guest suite doubles as a theatre room with projector, sleeping space, and direct access to the hot tub and exterior TV, creating an experience your guests will never want to leave. Upstairs, a secluded bedroom with stunning lake views & a cozy reading nook offers the perfect escape to start slow mornings or unwind at night. Life here flows naturally. Coffee at the dock, sun filled afternoons on the water, evenings watching the lake settle into glass. Enjoy nearby boat launches connecting you to Brandy Lake, Lake Muskoka, and beyond, adventure is always within reach. Just minutes to Port Carling for dining, shopping & essentials and close enough to catch summer concerts at the iconic Kee to Bala, this is Muskoka living at its best. Fully furnished, completely turnkey, weed-free swimming and an investment backed by proven income!

    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
    Jul 27, 2026Price reducedCurrentReduced$1,650,000−$85,000 (4.9%)X12898074This page
    Mar 18, 2026ListedCurrentFor sale$1,735,000 —X12898074This page
    Feb 13, 2026Previously listedExp$1,750,000 —X12788130View
    Jan 25, 2026Previously listedExp$6,000 —X12741614View
    Dec 1, 2025Previously listedExp$1,750,000 —X12594878View
    Sep 2, 2025Previously listedExp$1,800,000 —X12375641View
    Jun 5, 2025Previously listedTer$2,249,000 —X12199989View
    Apr 19, 2024SoldSold$1,655,555−$44,445 (2.6%)X8065996View
    Feb 12, 2024Previously listedSld$1,700,000 —X8065996View
    May 12, 2023Previously listedExp$1,999,999 —X6110352View
    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

      4
      Heating
      Forced Air
      Air conditioning
      Central Air
      Water source
      Other
      Sewer
    Location & lifestyle

    Getting around, schools & the block

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

    📍 2872 Muskoka Road 118 W
    What's nearby

    Points of interest classified by the MLS® feed.

    • Beach
    • Lake Access
    • Marina
    • Place Of Worship
    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
    $8,106
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $390
    0.28% 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
      $1,884,827
      Last 30 days
    • Median sold price
      $850,000
      Middle of the market
    • Days on market
      40 d
      Avg from list to close
    • Closed last 30d
      88
      MLS® transactions
    Full Muskoka Lakes market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 2872 Muskoka Road 118 W — 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 2872 Muskoka Road 118 W 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 2872 Muskoka Road 118 W listed for?

      2872 Muskoka Road 118 W is listed at $1,650,000 on the MLS® (listing X12898074). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 2872 Muskoka Road 118 W 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. 2 baths
  2. 1100-1500 sqft
  3. Detached
  4. Asking
    $1,650,000
    $0 / sqft · MLS® X12898074
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $2,563,365
    $2,358,296Confidence range$2,768,434
    Asking vs estimate
    ↓below
    −$913,365
    (-35.6%)
    Asking is below estimate
    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 40 days — this one has been listed 132 days.

    Avg sold price
    $1,884,827
    Median sold
    $850,000
    Avg days on market
    40
    Recently sold
    88
    See comparable sales
    AI highlights by Zara
    • Inside, sunlight pours through lakeside patio doors, framing the water and filling the main living space with natural light.
    • A sleek fireplace, integrated sound system, and refined finishes create a space that feels both elevated and inviting, perfect for hosting or slowing down after a day on the lake.
    • The kitchen brings everyone together, with a quartz waterfall island that becomes the natural gathering place for morning coffee, shared meals and long evenings that never feel rushed.
    • Three spacious bedrooms on the main level offer comfort and privacy, complemented by a flexible bonus space that easily transforms into a fourth bedroom.
    Ask Zara a follow-up
    Septic
  6. Parking & garage

    3
    Garage
    None
    Parking spaces
    6
    Driveway
    Available, Front Yard Parking, Private
  7. Interior

    5
    Basement
    Crawl Space
    Family room
    Y
    Kitchens
    1
    Total rooms
    8
    Laundry level
    Main Level
  8. Exterior & construction

    6
    Exterior
    Wood
    Roof
    Asphalt Rolled
    Foundation
    Block
    View
    Lake, Trees/Woods
    Waterfront
    Y
    Pool
    None
  9. Lot & land

    1
    Zoning
    WR1
  10. Listing & possession

    3
    Possession
    2026-02-13T00:00:00.000-00:00
    Property style
    1 1/2 Storey
    Property class
    Detached
  11. School
  12. School Bus Route
  13. Combined estimate
    $8,496
    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
    $8,106
    /mo
    based on the purchase price of $1,650,000
    $330,000 cash
    $1,320,000 financed
    $1,111,786 total interest
    Monthly payment$8,106/ month
    Principal54%$1,320,000
    Interest46%$1,111,786

    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.

    or send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    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.

    • 44 Estate Drive
      Sold
      Sign in for price
      44 Estate Drive
      Detached
    • 1160 Whiteside Road
      Sold
      Sign in for price
      1160 Whiteside Road
      Detached
    • 1111 Hemlock Point Side Road
      Sold
      Sign in for price
      1111 Hemlock Point Side Road
      Detached
    • 53 TODHOLM Drive
      Sold
      Sign in for price
      53 TODHOLM Drive
      Detached
    • 3461 Hwy 141 Highway
      Sold
      Sign in for price
      3461 Hwy 141 Highway
      Detached
    • 1166-2 Morinus Road
      Sold
      Sign in for price
      1166-2 Morinus Road
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    2872 Muskoka Road 118 WThis home5 / 211,001,500$1,650,000ask———
    44 Estate Drive4 / 32,500—
    1160 Whiteside Road4 / 32,000—
    Sold prices are hidden under TRREB rules. to reveal them.

    More detacheds in Muskoka Lakes

    Active listings within ±20% of this asking price.

    • 1435 Juddhaven Road
      $1,498,000
      1435 Juddhaven Road
      Detached 5 4
    • 1106 Stephen Road
      $1,799,900
      1106 Stephen Road
      Detached 4 3
    • 1078 Mckenzie Road
      $1,499,000
      1078 Mckenzie Road
      Detached 4 2
    • 1090 Pineneedle Point Road
      $1,590,000
      1090 Pineneedle Point Road
      Detached 4 2
    • 45 Estate Drive
      $1,549,000
      45 Estate Drive
      Detached 4 4
    • 1093 Cooper Point Road
      $1,649,000
      1093 Cooper Point Road
      Detached 4 2
    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 KELLER WILLIAMS INNOVATION REALTY · displayed on Summitly per MLS® data-share rules

    2872 Muskoka Road 118 W is a 5-bedroom, 2-bath, 1100-1500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  18. When was 2872 Muskoka Road 118 W built?

    The year built for 2872 Muskoka Road 118 W isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  19. What is the property tax for 2872 Muskoka Road 118 W?

    The 'Property tax' tab in the History section shows the most recent annual tax for 2872 Muskoka Road 118 W plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  20. How much would the monthly mortgage be on 2872 Muskoka Road 118 W?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,650,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  21. Has 2872 Muskoka Road 118 W been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 2872 Muskoka Road 118 W with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  22. What neighbourhood is 2872 Muskoka Road 118 W in?

    2872 Muskoka Road 118 W is in Monck (Muskoka Lakes), 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.

  23. 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.

  24. 1111 Hemlock Point Side Road
    4 / 4
    3,500
    —
    53 TODHOLM Drive5 / 32,500—
    3461 Hwy 141 Highway4 / 21,100—
    1166-2 Morinus Road5 / 33,000—