3978 South Portage Rd

Lake of Bays | | P1H 2J3
  • 4
  • 2
  • 0

$1,899,000

Est. Mtg $6,439 /mo
  • Days on market

    28

  • Status

    New

Listing Broker RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Since listed: 0 views

Home details

MLS #:

X12018214

Property type:
Detached
Style:
Bungalow
Taxes:
$6,118
Possession:
Flexible
Lot Front:
220.24   Feet
Lot Depth:
239.29   Feet
Basement:
Crawl Space |
Driveway Pkg:
10
Heat:
Propane | Forced Air

Description


3978 South Portage Rd, , Lake of Bays, Ontario is a Detached property in Lake of Bays and in the community in the P1H 2J3 postal code


LUXURIOUS LAKEFRONT RETREAT ON OVER HALF AN ACRE WITH 200 FT OF SHORELINE, PRIME SW EXPOSURE, HEATED INSULATED GUEST COTTAGE, & BUNKIE! Experience the ultimate lakeside lifestyle at this incredible property on Lake of Bays! Located near Huntsville, Gravenhurst, Bracebridge, Dorset, and Baysville, this year-round retreat is set on Muskoka's 2nd largest lake, offering miles of boating and outdoor adventure. Take a boat to restaurants, grocery stores, LCBO, Robinson's Hardware, ice cream, Lake of Bays Brewery and Bigwin Island. The property includes 0.86 acres with 200.24 ft of prime southwest exposure, a hard-packed sandy beach, crystal-clear water, and flat access to the lake; no stairs are required! Substantially rebuilt in 2007, it features an open-concept layout that invites natural light and lake views into every corner and comfortably sleeps 13. The kitchen presents wood cabinetry, granite countertops, tile flooring, and a large island with seating. Bright and airy living and dining areas showcase cathedral ceilings, hardwood floors, and stunning lake views through oversized windows. The primary bedroom offers direct access to the deck and stunning lake views, with a full wall of windows showcasing the scenery from wake-up to moon views at bedtime. A bunkie plus a heated and insulated guest cottage provides additional space for guests with a living room, 2 beds, and a bath. Modern conveniences include forced air propane heat, on-demand hot water, a UV filtration system, and heated water lines in both the guest cottage and the main cottage. Multiple new docks and decks provide room for lounging or docking your boat. With the right approvals and licensing, this property holds exciting potential for short-term rentals - a fantastic opportunity for added flexibility and income. An additional lot across the road is cleared and ready for a potential garage, auxiliary building, or parking. Lakeside living at its finest!.

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-10 2024-11 $1,999,000 $1,999,000 Ter X9509258
2024-11 2025-01 $1,999,000 $1,999,000 Ter X10426666
2025-01 2025-03 $1,975,000 $1,975,000 Ter X11906383
2025-03 2025-03 $1,975,000 $1,975,000 Ter X11997710
2025-03 2025-03 $1,899,000 $1,899,000 New X12018214

Comparables

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sold Date Address List Price sold Price DOM
2025-03 508 Greenfield Ave, $700,000 $700,000 17
2025-03 78 Coach Hill Dr, $799,900 $755,000 32
2025-03 3820 Nugent Rd, $1,349,900 $1,300,000 388
2025-03 4576 Sara Lane, $524,900 $505,000 156
2025-03 68 Twelve O'clock Point Rd, $495,000 $500,000 22
2025-03 30 Paudash School Rd, $519,900 $503,000 40
2025-03 1931 Allen Rd, $799,999 $880,000 152
2025-02 7904 NETHERBY Rd, $1,399,000 $1,300,000 133
2025-02 806 Westmount Rd, $1,525,000 $1,480,000 51
2025-02 94 Belmont Ave E, $799,999 $811,000 21
2025-02 269 Deer Ridge Dr, $1,199,900 $1,170,000 10
2025-02 23 McDougall Rd, $825,000 $850,000 17
2025-02 112 RYKERT St, $535,000 $525,000 138
2025-02 52 Tessa Blvd E, $699,000 $695,000 16
2025-02 11616 ELIZABETH Cres, $889,900 $880,000 31

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

Lake of Bays :

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Average sale price
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Municipality activity All Property Types

Sale activity

Lake of Bays :

Average sale price
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Estimated running costs for 3978 South Portage Rd

Based on available 3rd party data

$7084

Approximate costs per month

Mortgage
$6439 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$509 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Golf
  • Lake/Pond
  • Marina
  • Other
  • Place Of Worship
  • School Bus Route
Listing Broker RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Data Source: TRREB

Payment calculator

$6949 monthly. In association with: TD Bank
%
  • Principal and Interest
    6439 /mo
  • Property Taxes
    $509 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Daniela LaFace, Realtor

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