1051 Truscott Place, Lake of Bays

$3,249,999
1051 Truscott Place

$3,249,999

New
35d
Detached2-Storey

1051 Truscott Place, Lake of Bays

Total Monthly Obligation $14,192

Beds
5
Baths
3
Park
6
Sqft
3500-5000
DOM
35d
Yield
0.8%
Cash on Cash
-18.9%
Cap Rate
0.5%
5Y IRR
1.0%
10Y IRR
3.5%
Property Type-Detached
MLS® Number-X13801334
Beds-5
Bathrooms-3
Size-3500-5000 sqft
Lot Size-510 × 418 ft
Listed on site-Sep 18, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$8,487.38 (2026)
Parking-8 - Detached
Basement-Crawl Space, Full
Heating-Forced Air (Propane)
Brokerage-Cayman Marshall International Realty Inc.
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Wood
Pool-None
Facing-North
Exterior-Wood
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Septic
Possession-Flexible
Neighbourhood-Mclean
Title-Residential Freehold

No agent assigned

A rare opportunity to own an exceptional private retreat on Echo Lake, where 510 feet of waterfront and 2.58 acres of remarkably level land create an extraordinary setting for generations of lakeside living. Mature hemlocks surround the property in natural privacy, while beautiful perennial gardens, expansive lake views, morning light, sun-filled days on the dock and spectacular sunsets define an idyllic Muskoka escape. At the shoreline, a sandy, shallow entry gives way to deeper water off the dock-perfect for swimming, boating and effortless summer days.Custom built and completed in 2017, this 3,600+ sq. ft. residence blends timeless Muskoka character with the comfort and quality of a newer build. Reclaimed hemlock floors, custom millwork, tongue-and-groove finishes and walls of windows create beautifully considered interiors connected to the landscape beyond.At the heart of the home, a sophisticated kitchen features a substantial leathered-stone island, warm butcher block counters, Thermador appliances and wine fridge. Open dining and living spaces overlook the lake, anchored by a striking Muskoka granite Rumford fireplace. The screened Muskoka Room invites lingering dinners, morning coffee and evenings surrounded by the sounds of the lake.The main-floor primary suite is a private sanctuary with two walls of windows, walk-in closet and spa-inspired ensuite with steam shower and soaker tub. Upstairs, four generous bedrooms, a full bath and family room offer exceptional space for family and guests.An oversized detached two-car garage, whole-cottage generator and plans for a future bunkie complete a remarkable property where privacy, craftsmanship and an exceptional waterfront setting come together-just minutes from Baysville.

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Closing Costs

Mortgage Amount
$2,599,999
Land Transfer Taxes$67,725
Legal Fees (Est.)
$
Total cash required for closing$719,225

Total Monthly Obligation

$14,192/mo
Mortgage $13,110
Monthly Loss $10,742
Principal$3,450
Interest$9,660
Property Tax$707
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1051 Truscott Place

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