2642 Muskoka Road 169
Muskoka Lakes, P0C 1M0
FOR SALE
$699,000
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BEDROOMS2
BATHROOMS1
KITCHENS7
ROOMSX9509522
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Property Description
A rare opportunity in prime Muskoka to live and work. The 3 bedroom 2 bathroom house has been designed to accommodate a store or business on the ground floor. With tremendous exposure along one of Muskoka's most high traffic corridors. The current business ran sales in excess of $325,000 annually. Close proximity to summer camps, cottages, Bala and a microbrewery across the street, this high traffic area is ideal. There is no shortage of parking and numerous out buildings provide storage. Even a coffee bar and grill shack. The house can be rented out or you could rent the bedrooms and the main floor store. There are many uses. New roof, eavestroughs and soffits, propane furnace, water filtration system, driveway, kitchen, and new coat of paint.
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Property Details
Street
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1100-1500
Fronting
North
Taxes
$1,114 (2024)
Basement
Full, Unfinished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
10
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 25.30' x 7.45' | 3 Pc Bath, Window |
| Dining | Main | 13.91' x 7.64' | Combined W/Kitchen, Fireplace, W/O To Deck |
| Kitchen | Main | 9.88' x 7.32' | Combined W/Dining, Open Concept, Window |
| Other | Main | 23.26' x 13.16' | Window |
| Prim Bdrm | 2nd | 9.02' x 16.01' | Closet, Window |
| Br | 2nd | 7.81' x 8.99' | Closet, Window |
| Br | 2nd | 7.74' x 7.87' | Closet, Window |
| Utility | Bsmt | 20.77' x 18.83' |
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Muskoka Lakes Market Statistics
Muskoka Lakes Price Trend
2642 Muskoka Road 169 is a 3-bedroom 2-bathroom home listed for sale at $699,000, which is $357,250 (33.8%) lower than the average sold price of $1,056,250 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in Muskoka Lakes declined by $3,743,750 (78.0%) compared to the previous 30 day period (September 21 - October 20) and up $668,250 (172.2%) from the same time one year ago.Inventory Change
There were 5 3-bedroom homes listed in Muskoka Lakes over the last 30 days (October 21 - November 19), which is down 0.0% compared with the previous 30 day period (September 21 - October 20) and up ∞ compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Muskoka Lakes typically sold ($41,750) (4.0%) below asking price over the last 30 days (October 21 - November 19), which represents a $153,250 increase compared to the previous 30 day period (September 21 - October 20) and ($11,999) 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 (October 21 - November 19) stood at 80.0%, up from 20.0% over the previous 30 days (September 21 - October 20) and down from ∞ 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 158 days when successfully sold over the last 30 days (October 21 - November 19), compared to 49 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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