1059 Hermans Road, Lake of Bays, ON

$1,277,900
MLS#:X9506544
3 beds
1 baths
700-1100 sqft
10.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Franklin. Expertly crafted featuring premium stone and wood construction, this residence presents an exceptional opportunity offered at $1,277,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a spacious lot (Feet)
  • Features a ["partially finished", "walk-out"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available
  • Notable attributes: None
  • equipped with ["none"] central cooling and highly efficient forced air heating via oil

Discover your dream retreat with this exceptional direct waterfront property on the highly desirable Lake of Bays. Spanning 1.72 acres with 230 feet of pristine shoreline, this enchanting haven is surrounded by mature trees, offering breathtaking views and captivating sunsets. This existing bungalow, featuring a partially finished walkout basement, serves as the perfect blueprint to create your ideal cottage or lakeside home. Enjoy year-round water activities with family and friends, whether its boating, fishing, or simply relaxing by the shore. Experience the magical allure of Muskoka lakefront living, where every day can be filled with recreational adventures and serene moments alike. Whether you're seeking a peaceful escape or an active lifestyle, this property delivers it all. Don't miss this fantastic opportunity to embrace the cottage lifestyle you've always dreamed of. Create lasting memories and make Lake of Bays your new Muskoka home this summer!

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Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 29, 2025
Sold price information is available to members only
Listed Date10/23/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionStone, Wood
CountyMuskoka
Annual Tax$5,862
Legal DescriptionPT LT 17 CON 7 FRANKLIN PT 11, 35R4943; LAKE OF BAYS

Parking & Garage

Parking Spaces10.0
Garage Spaces10
Garage TypeNone

Heating & Cooling

Heat SourceOil
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Lake Access, Lake/Pond, Marina, Waterfront, Wooded/Treed

Community Features

Location

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1059 Hermans Road, Lake of Bays, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Franklin, Lake of Bays.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$791,071

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Irwin Memorial
Public1011 Dwight Beach Road, Lake of Bays, Ontario, P0A 1H0
5.6

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1059 Hermans Road, Lake of Bays, ON P0A 1H0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$1,022,320
Monthly Mortgage$5,940
Property Tax (Est.)$489
Utilities & Maint.$350
Total Monthly Cost$6,779

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Lake of Bays.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.