House Hunting in Canada: A Lakeside Super-Cottage in the Muskoka District

A Five-Bedroom House of Wood and Glass in Ontario


This 7.1-acre property, with greater than 1,000 toes of frontage on Manitouwabing Lake, sits 15 miles east of Parry Sound and close to the Muskoka district, a lake-dotted trip haven about two and a half hours north of Toronto, Ontario.

The wooded property is anchored by a five-bedroom cedar-shingle cottage constructed in 2007, and features a indifferent two-car storage and a non-public dock.

The 10,185-square-foot home is reached down a protracted driveway bracketed by pine, oak and maple timber to a clearing and a porte-cochere with uncovered trusses. Massive barn-style doorways flanked by tall glass panes open to a broad lobby and a sitting space dealing with a floor-to-ceiling double-sided hearth of cultured stone. The partitions, ceilings and uncovered trusses all through are clad in pine; the flooring in a lot of the home are hemlock.

“We call it a traditional Muskoka cottage,” stated Jess Kaye, an agent with Cayman Marshall International Realty, which has the itemizing. (Cottage can imply something from a chalet to a bungalow.)

Built in 2007, the 10,185-square-foot, five-bedroom home anchors a 7.1-acre property on the shore of Manitouwabing Lake. The yard space has a number of ranges main all the way down to the water.Credit…Cayman Marshall International Realty

Beyond the hearth, a two-story nice room is accentuated by large home windows and glass doorways overlooking the lake. “You walk in and get the full drama of the house,” stated Brian Gluckstein, the inside designer. Down-filled sofas and cozy chairs “add a very informal, relaxed look,” and the powder-room mirror has an antler encompass. The home is being offered furnished.

The kitchen and eating room share a wood-beam ceiling. Dividing the areas is a sq. middle island with a granite countertop, stained darkish wooden cupboards, a microwave drawer and a wine fridge. A wood-topped eating desk with upholstered seating for 10 is illuminated by a handcrafted iron chandelier.

Left of the nice room, barn doorways slide open to a media room with built-ins on one finish and a wall of home windows on the different. A granite-tiled hallway from the kitchen results in a mud room and a second entrance entrance. To the rear, glass doorways open to the “Muskoka room,” a broad screened-in porch with residing and eating areas, a granite ground, hanging lights and heaters.

The first-floor foremost suite has an workplace, a walk-in closet and a rest room with wooden vanities on reverse partitions, resulting in a free-standing tub in a glassy alcove with lake views. The bed room has a propane hearth, built-in cabinets and glass doorways to a non-public terrace overlooking the dock and lake.

An open half-turn staircase ascends to a mezzanine overlooking the lobby and nice room. Three en suite bedrooms on this stage have wood-beam accents, vaulted ceilings and lake views.

On the decrease stage, a carpeted visitor suite opens to a granite path with steps all the way down to a sizzling tub. A altering room subsequent to the health club has a bathe and a sauna.

A broad lobby and sitting space face a floor-to-ceiling, double-sided hearth of cultured stone. The partitions, ceilings and uncovered trusses all through are clad in pine.Credit…Cayman Marshall International Realty

The yard has 4 ranges, every “with a different use and perspective,” Mr. Gluckstein stated, from a terrace with rough-hewed granite slabs all the way down to an L-shaped dock accommodating a 28-foot boat. Chairs and a hearth pit are near the water, with a couple of extra steps all the way down to a small non-public seaside. “You don’t have a neighbor anywhere except across the lake,” Ms. Kaye stated.

The home is a two-minute drive or boat experience throughout Manitouwabing Lake to the Ridge at Manitou Golf Club. Bed-and-breakfasts, cottage resorts and summer time camps are additionally close by. Water sports activities and climbing dominate in summer time; cross-country snowboarding is favored in winter. The city of Parry Sound has quaint outlets and seafood bistros. With quite a few cities and a few 1,600 lakes, the Muskoka district is wealthy with eating places, artwork galleries, heritage museums and craft breweries. Toronto Pearson International Airport is 140 miles south.

Market Overview

The bucolic Muskoka district, a part of Ontario’s “cottage country,” has lengthy been a summer time vacation spot for Toronto residents, in addition to foreigners. Starting in the late 1800s, house owners of Pennsylvania metal mills started constructing summer time houses on Lake Muskoka, populating the space with 20-bedroom cottages and making a playground for American industrialists.

“This area has been the crème de la crème, the gem since cottages became popular,” stated Cameron White, a gross sales consultant with Chestnut Park Real Estate, an affiliate of Christie’s International Real Estate.

Todd Adair, founder and president of Cayman Marshall International Realty, known as 2020 “the best year ever” for the housing market there, with houses below 5 million Canadian dollars ($four.13 million) “selling very fast while they are exclusive — before we even go to the market.”

This 12 months “will be as good or better,” Mr. Adair predicted, as long as stock, which diminished throughout the current feeding frenzy, bounces again and foreigners return to the market post-pandemic.

The kitchen and eating room share a wood-beam ceiling. Dividing the areas is a sq. middle island with a granite countertop and a breakfast bar with stools.Credit…Cayman Marshall International Realty

Despite rumblings a few plateau, Mr. White stated he not too long ago accomplished a deal on a home on Lake Muskoka that had 15 provides. In the previous, he stated, costs elevated “perhaps 1 or 2 percent a year.” After Covid-19 hit final winter, the Canadian authorities banned touring to view actual property, which delayed the 2020 spring season. The pent-up demand exploded in the fall, pushing costs up by 30 % from September by way of November.

Since the market picked up once more this February, sooner than typical, “it’s been crazy,” Mr. White stated. “The housing market is the strongest I have ever seen.”

Lakefront properties are “very few and far between,” Mr. Adair stated. Muskoka’s three foremost lakes — Lake Muskoka, Lake Joseph and Lake Rosseau — are the most coveted spots for a second residence.

In April, the median value for a residential waterfront property was 890,000 Canadian ($736,000), a report and a 70.5 % improve over April 2020, in response to information from the Lakelands Association of Realtors, a neighborhood realtor board protecting a lot of Ontario’s cottage nation.

Residential nonwaterfront property gross sales additionally jumped, although not fairly as dramatically. Transactions greater than doubled from April 2020, and the median value reached 580,000 Canadian ($480,000), up 46 % 12 months over 12 months. “We are seeing a bump, but not to the same degree on recreational homes or riverfront that don’t have the same access to water,” stated Ross Halloran, a dealer and senior vice chairman of gross sales at Halloran & Associates, an affiliate of Sotheby’s International Realty Canada.

As the pandemic set in, patrons sought turnkey or not too long ago constructed houses, Mr. Halloran stated. As stock depleted, they shifted to cottages to renovate or tear down, or island houses solely accessible by boat. With lumber costs greater than doubling and builders booked into 2022 and 2023, these investing in vacant land are land banking, holding it for future use.

“Because of Covid, people want to buy or build four-season cottages,” Mr. Halloran stated. “Last year, it was three-season.”

The first-floor foremost suite has a walk-in closet, a propane hearth, built-in cabinets and glass doorways to a non-public terrace overlooking the lake.Credit…Cayman Marshall International Realty

New residence building can be “booming,” Mr. Adair stated: “Spec homes are constantly being built.” And leases are hovering, with cottages fetching 20,000 to 50,000 Canadian dollars ($16,500 to $41,000) every week.

Covid-19 might have accelerated the transfer to cottage nation, Mr. Halloran stated, however main infrastructure grants made it doable. In the previous 12 months, 5G web connectivity and new cell towers “eliminated the final objection to moving north full time,” he stated. “If they have a year-round cottage or a three-season and winterize it, they are ready to go.”

Added Mr. Adair, “People made lifestyle changes, and I don’t think they are temporary. You don’t invest $10 million to sell once you have your vaccine.”

Who Buys in Muskoka

Most Muskoka patrons come from Toronto, although the area “has become a world-class destination,” Mr. White stated, noting that patrons additionally come from Europe and Israel.

Others are expatriates with household nonetheless in Canada, or these from Asian, together with traders “looking to monetize property and rent it out” or have an “event venue,” Mr. Halloran stated.

Americans characterize about 10 % of patrons in Muskoka, stated Mr. Halloran, and so they “are starting to come back” to Canada in the wake of Covid-19 journey restrictions, stated Mr. Adair.

A dock behind the home accommodates a 28-foot boat. Chairs and a hearth pit are near the water, with a couple of extra steps all the way down to a small non-public seaside. Credit…Cayman Marshall International Realty

Buying Basics

There are not any restrictions on international patrons. The Muskoka district, apart from the cities of Orillia and Barrie, will not be affected by Ontario’s 15 % Nonresident Speculation Tax.

Many patrons pay money, however mortgages can be found for Americans placing a minimum of 25 % down, Mr. Adair stated.

Buyers pay a land switch tax primarily based on 2.5 % of the property’s worth. Variable prices run one other 1 %. Lawyer charges in Muskoka are about 5,000 Canadian ($four,100), Mr. Adair stated.


Canada authorities website:

Canada tourism:

Muskoka tourism:

Languages and Currency

English, French; Canadian greenback (1 CDN = $zero.83)

Taxes and Fees

Property taxes on this home have been 14,667 Canadian dollars ($12,100) in 2017, the most up-to-date 12 months obtainable.


Todd Adair, Cayman Marshall International Realty, 705-787-1611;

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