Soak up the nights watching the sunset
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Primary with walk out to deck
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Laundry ensuite
Outdoor oasis
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Oversized patio door
Bunkie
outside of bunkie
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extra storage for the toys
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1202 Shea Road Unit 4

Watt / Muskoka Lakes, ON P0B 1M0

ActiveFor Sale
4 Beds
1 Baths
700 Sq Ft
Single Family Home
Virtual Tour Available

About This Property

What if your Muskoka cottage could help pay for the fun? Welcome to this thoughtfully updated, four-season retreat on beautiful Three Mile Lake-an inviting place to make memories, escape throughout the year and explore potential rental income when you're not using it yourself. The main cottage offers three comfortable bedrooms, one bathroom and warm, welcoming living spaces designed for relaxed lakeside living. A separate bunkie provides additional accommodation for family and friends. Outside, enjoy a spacious dock for sunny lake days, boating and swimming, followed by evenings in the hot tub beneath the Muskoka stars. When winter arrives, the adventure continues with snowmobiling, ice fishing and cozy weekends by the lake. Currently operated as a short-term rental, this turnkey property offers an exciting opportunity for buyers seeking both a personal getaway and an income-generating investment. Thoughtful upgrades, additional guest space and genuine four-season enjoyment make this more than a summer cottage-it's your chance to live the Muskoka lifestyle all year long. Arrive, unwind and let the lake take care of the rest.

Property Details

StatusActive
Property TypeSingle Family Home
Listing TypeFor Sale
Interior Size700 sq ft
Bedrooms4
Bathrooms1
Taxes (2025)$2,367
Postal CodeP0B 1M0
Last UpdatedOct 8, 2026 · 8:39 a.m.

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Features & Amenities

  • Waterfront
  • View
  • Fireplace
  • Air Conditioning
  • Basement

Buying or selling in Muskoka Lakes?

Filipe & Isabel Ferreira and the Team Filipe (RE/MAX Ultimate Realty Inc., Brokerage) represent buyers and sellers here. Local guides and live listings below.

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TRREB MLS® Attribution

MLS® X13782274

Listed by RE/MAX Professionals North

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$899,000

asking price

MLS®X13782274
TypeSingle Family Home
CityMuskoka Lakes
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$4,390

/month · $719,200 mortgage

Down Payment20% — $179,800
Interest Rate5.5%

Amortization

Total Interest

$597,781

Total Cost

$1,316,981

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

RE/MAX Professionals North