1011 PORTAGE Street, Muskoka Lakes, ON

$495,000
MLS#:X12328233
2 beds
1 baths
700-1100 sqft
2.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Medora. Expertly crafted featuring premium board & batten and wood construction, this residence presents an exceptional opportunity offered at $495,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a spacious lot (Feet)
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient other configuration
  • Notable attributes: Water Heater Owned, Carpet Free
  • equipped with ["other"] central cooling and highly efficient baseboard heating via electric

Charming Bala Retreat , Prime Location with Waterfront Proximity & Airbnb Potential! Welcome to 1011 Portage Street, a rare opportunity to own a beautifully maintained property in the heart of Bala, Muskoka's beloved hub of summer charm and natural beauty. Whether you're looking for a successful turnkey Airbnb investment or a cozy year-round home, this versatile retreat offers the best of both worlds. Just steps from the sparkling waters of Lake Muskoka and Moon River, this property offers the ultimate Muskoka lifestyle. Imagine walking to the docks for sunset views, enjoying summer festivals, or take your kayak for a peaceful paddle all just minutes from your front door. This well-appointed home blends rustic charm with modern comfort, featuring bright, open-concept living spaces, an updated kitchen, and a welcoming outdoor space perfect for entertaining or relaxing after a day of adventure. With a solid booking history as a popular Airbnb, it's already a proven income generator or you can choose to make it your private getaway or permanent home in cottage country. Location is everything, and this one delivers you're just a short walk to Downtown Bala's restaurants, shops, the Kee to Bala concert venue, and of course, Don's Bakery, a local institution. From the iconic Bala Cranberry Festival to lakeside dining, everything you need for a vibrant Muskoka lifestyle is close at hand. Don't miss your chance to own a piece of Bala's magic whether you're investing, relocating, or dreaming of cottage life, 1011 Portage Street is ready to welcome you.

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 16, 2025
Sold price information is available to members only
Listed Date8/5/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBoard & Batten , Wood
CountyMuskoka
Annual Tax$1,171.08
Legal DescriptionLT 265 PL 26 MEDORA; PT LT 266 PL 26 MEDORA AS IN DM321506; FORMER TOWN OF BALA, NOW TOWNSHIP OF MUSKOKA LAKES, MUSKOKA

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeOther

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
Cooling["Other"]

Features

Property Features

Community Features

Location

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1011 PORTAGE Street, Muskoka Lakes, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Medora, Muskoka Lakes.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$3,189,363

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

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Secondary Schools

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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 1011 PORTAGE Street 2, Muskoka Lakes, ON P0C 1A0

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.

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Financial Audit

Estimated Costs

Loan Amount$396,000
Monthly Mortgage$2,301
Property Tax (Est.)$98
Utilities & Maint.$350
Total Monthly Cost$2,749

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 Muskoka Lakes.

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.