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Andrew Ahmed

Executive Homes Realty Inc.

andrew@gta.realestate +1(416) 619-5278

$949,000

Est. payment - /mo

4 Beds

2 Baths

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision Watt

MLS Listing ID X13513586

Style Bungalow

Bedrooms 4

Annual Tax Amount $3,516

Tax Year 2026

Property Sub-Type Detached

Property Description

Waterfront cottage on Three Mile Lake offering over 2,500 sq. ft. of finished living space, with 4 bedrooms and 2 full bathrooms. The upper-level living room captures panoramic lake views, while the walkout lower level provides additional space for family gatherings and entertaining. The well-equipped kitchen, forced-air heating, and security system add to the property's year-round comfort and functionality.Outside, the property features a circular driveway, firepit area, and a new dock, with easy access to the shoreline for swimming, boating, fishing, and enjoying life on the lake. Situated on a municipally maintained road, the cottage offers convenient year-round access.This fully winterized cottage has been meticulously maintained by its current owners, with significant infrastructure improvements completed over the years, including a new well (2026), along with updates to the septic system, front windows, and dock. With solid fundamentals and generous living space, the property is well suited for buyers looking to personalize the interior while benefiting from a well-cared-for waterfront home.Adding to its character, the original cottage was constructed as a classic Panabode. Prior to the current owners purchasing the property in 1990, the previous owner completed a substantial two-storey lakeside addition, expanding the home and creating the spacious lake-facing living areas enjoyed today. This thoughtful evolution blends the timeless appeal of the original Panabode with the functionality and space expected in a modern family cottage.A well-maintained waterfront property offering sunset exposure, ample finished living space, quality infrastructure, and a unique history on one of Muskoka's most beautiful lakes. Fun fact: Three Mile Lake is known for excellent fishing, with walleye (pickerel), smallmouth and largemouth bass, and yellow perch. It's also a popular destination for ice fishing in the winter.

Location

Province ON

County Muskoka

Area Muskoka

Body of Water Three Mile Lake

Rooms

Family Room Yes

Basement Finished with Walk-Out, Full

Kitchen 1

Interior

Interior Features Bar Fridge, Primary Bedroom - Main Floor, Propane Tank, Storage, Sump Pump, Water Heater, Water Treatment

Cooling Central Air

Fireplace Yes

Heat Source Electric

Exterior

Exterior Feature Deck, Fishing, Landscaped, Patio, Porch, Year Round Living

Parking Features Circular Drive, Front Yard Parking

Pool None

Waterfront Description Direct

View Forest, Lake, Trees/Woods, Water

Roof Type Metal

Road Frontage Private Road, Year Round Municipal Road, Year Round Private Road

Lot Frontage 101.0

Lot Depth 177.3

Total Parking Spaces 6

Building

Building Age 51-99

Unit Features Lake Access,Lake/Pond,Marina,Sloping,Waterfront,Wooded/Treed

Foundation Concrete Block

Others

Security Features Alarm System

ParcelsYN No

Virtual Tour https://sites.odyssey3d.ca/1158shearoad17

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Listed by PSR

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1158 Shea RD #17 Muskoka Lakes, ON P0B 1M0