1005 MCARTHUR POINT Road, Lake of Bays

$749,000
1005 MCARTHUR POINT Road

$749,000

New
21d
DetachedOther

1005 MCARTHUR POINT Road, Lake of Bays

Total Monthly Obligation $3,727

Beds
2
Baths
1
Park
6
Sqft
700-1100
DOM
21d
Yield
3.7%
Cash on Cash
-8.1%
Cap Rate
2.8%
5Y IRR
9.2%
10Y IRR
9.6%
Property Type-Detached
MLS® Number-X13856992
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-546.51 × 491.75 ft
Listed on site-Oct 2, 2026
Style-Other
Building Type-Detached
Age-31-50
Taxes-$3,969 (2026)
Parking-8 - Detached
Basement-Walk-Out, Unfinished
Heating-Other (Wood)
Brokerage-Re/Max All-Stars Realty Inc.
Cooling-None
Laundry-No
Fireplace-Living Room
Pool-None
Facing-West
Exterior-Wood
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Septic
Possession-flexible
Neighbourhood-Ridout
Title-Residential Freehold

No agent assigned

Exceptional privacy on Ril Lake with approximately 546 feet of shoreline and 5.51 acres of mature, naturally wooded land. With northwest exposure and beautiful summer sunsets, this private waterfront retreat offers the space, setting and shoreline that are increasingly hard to find in Muskoka. The charming seasonal cottage is filled with character, featuring soaring ceilings, exposed wood beams, walls of windows and a wood-burning fireplace. Four sliding glass doors bring the outdoors in, including a walkout from the primary bedroom, while providing easy access to the surrounding decks and lake views. The open living space flows into the kitchen and dining area, while the flexible layout includes a main-floor bedroom area, 4-piece bathroom and spacious loft with additional sleeping accommodations. Large deck provides plenty of room to relax and entertain, with new railings recently installed along the deck and side stairs. A direct propane line makes outdoor cooking easy. The full unfinished walkout basement offers excellent storage and future potential, complemented by a detached garage and woodshed. Well-maintained trail leads to the private shoreline with beautiful views, clean water for swimming, a floating dock and waterside cabana/shed for storage and summer lounging. Located on a year-round municipally maintained road just minutes from Baysville for shopping and dining. Ril Lake is known for smallmouth bass fishing and its long-standing cottage association with seasonal community events. Enjoy this classic Muskoka retreat as it is, or explore the potential to update or redevelop and create something truly special.

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Closing Costs

Mortgage Amount
$599,200
Land Transfer Taxes$11,455
Legal Fees (Est.)
$
Total cash required for closing$162,755

Total Monthly Obligation

$3,727/mo
Mortgage $3,021
Monthly Loss $2,932
Principal$795
Interest$2,226
Property Tax$331
Home Insurance$125
Variable Costs$250

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

Comparables

Properties near 1005 MCARTHUR POINT Road

Time

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