1108 Milford Bay Rd
Muskoka Lakes, P0B 1J0
FOR SALE
$564,500
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3
BEDROOMS2
BATHROOMS1
KITCHENS8 + 1
ROOMSX8206600
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Property Description
Affordable home or cottage in the community of Milford Bay in the heart of Muskoka. Just steps to Baycliffe Park, which features a beach and public dock with a boat ramp giving access to Lake Muskoka. Minutes away from the breathtaking views of Huckleberry Rock Lookout Trail. 3 bedrooms and 1.5 baths with an enclosed porch. Pine floors on the main level and refinished hardwood on the upper level, which features a 4 piece bath and laundry. Newer forced air propane furnace, water filtration system and water heater. Deep lot with fire pit that backs onto a public 9 hole Golf course. 15 minutes away from the town of Bracebridge with some of the best hospitals in Ontario and all of its amenities. Property comes fully furnished and ready to enjoy this summer.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-03-20 | 2024-04-04 | 15 | $579,000 | - | Terminated |
| 2024-03-20 | 2024-04-04 | 15 | $579,000 | - | Terminated |
| 2024-02-22 | 2024-03-22 | 29 | $579,000 | - | Terminated |
Property Features
Beach, Golf
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Property Details
Street
City
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
1100-1500
Lot Size
69' x 222'
Acreage
< .50
Lot Irregularities
Irregular
Fronting
West
Taxes
$1,184 (2023)
Basement
Unfinished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
None
Water
Well
Parking Spaces
4
Driveway
Front Yard
Garage Type
None
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Muskoka Lakes Market Statistics
Muskoka Lakes Price Trend
1108 Milford Bay Rd is a 3-bedroom 2-bathroom home listed for sale at $564,500, which is $550,500 (49.4%) lower than the average sold price of $1,115,000 in the last 30 days (April 1 - April 30). During the last 30 days the average sold price for a 3 bedroom home in Muskoka Lakes increased by $525,000 (89.0%) compared to the previous 30 day period (March 2 - March 31) and up $265,000 (31.2%) from the same time one year ago.Inventory Change
There were 9 3-bedroom homes listed in Muskoka Lakes over the last 30 days (April 1 - April 30), which is up 200.0% compared with the previous 30 day period (March 2 - March 31) and up 50.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Muskoka Lakes typically sold ($45,900) (4.1%) below asking price over the last 30 days (April 1 - April 30), which represents a $25,900 decrease compared to the previous 30 day period (March 2 - March 31) and $25,100 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Muskoka Lakes over the last 30 days (April 1 - April 30) stood at 44.4%, down from 100.0% over the previous 30 days (March 2 - March 31) and up from 16.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Muskoka Lakes stood at 12 days when successfully sold over the last 30 days (April 1 - April 30), compared to 53 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Chay Realty
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