Patio, unknown for 1011 PORTAGE St #2, Muskoka Lakes Ontario P0C 1A0
2 days on Market

1011 PORTAGE St #2, Muskoka Lakes, Ontario P0C 1A0

Detached
2
1
~700-1100 sqft
$519,000
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Detached
2
1
~700-1100 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$606/sqft

Est. Mortgage$2,229/mo

Tax Amount (2024)$1,171/yr

Days On Market2 days


Description

Charming Bala Retreat , Prime Location with Waterfront Proximity & Airbnb Potential! Welcome to 1011 Portage Street, a rare opportunity to own a beautifully maintained property in the heart of Bala, Muskoka's beloved hub of summer charm and natural beauty. Whether you're looking for a successful turnkey Airbnb investment or a cozy year-round home, this versatile retreat offers the best of both worlds. Just steps from the sparkling waters of Lake Muskoka and Moon River, this property offers the ultimate Muskoka lifestyle. Imagine walking to the docks for sunset views, enjoying summer festivals, or take your kayak for a peaceful paddle all just minutes from your front door. This well-appointed home blends rustic charm with modern comfort, featuring bright, open-concept living spaces, an updated kitchen, and a welcoming outdoor space perfect for entertaining or relaxing after a day of adventure. With a solid booking history as a popular Airbnb, it's already a proven income generator or you can choose to make it your private getaway or permanent home in cottage country. Location is everything, and this one delivers you're just a short walk to Downtown Bala's restaurants, shops, the Kee to Bala concert venue, and of course, Don's Bakery, a local institution. From the iconic Bala Cranberry Festival to lakeside dining, everything you need for a vibrant Muskoka lifestyle is close at hand. Don't miss your chance to own a piece of Bala's magic whether you're investing, relocating, or dreaming of cottage life, 1011 Portage Street is ready to welcome you.


Property Details

StyleBungalow
ViewRiver, Water
Age of property-
SqFt~700-1100 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberX12117112
Community NameMuskoka Lakes
Data SourceTRREB
Listing byRE/MAX Professionals North

Features

Heating: Baseboard
Cooling: Other
Fireplace

Main Floor

Br

2.43 x 2.43

Living

4.87 x 3.65

Kitchen

2.74 x 3.65

Br

5.18 x 3.65


Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

May 1, 2025
ListedActive
$519,000
2 days on market
history photo preview25
Listing by trreb®
Property listed by RE/MAX Professionals North, Brokerage
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Market Data - Muskoka Lakes

Geo Zone Map ThumbnailMuskoka Lakes

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

11 days

Compared to

2024

33 days

2023

21 days

2022

19 days

New Listings

Past 30 days

43 listings

Compared to

2024

84 listings

2023

67 listings

2022

55 listings

Units sold

Past 30 days

3 units

Compared to

2024

25 units

2023

27 units

2022

25 units

Median Sold Price

Past 30 days

$588,000

Compared to

2024

$825,000

2023

$1,505,000

2022

$1,550,000


Population and Demographics

Overview

Total population 7424
Average household income $156,060

Age (%)

65 and plus
31%
50 to 64
28%
35 to 49
14%
0 to 19
14%
20 to 34
14%

Household composition (%)

Single family
65%
Single person
31%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
95%
Others
3%
French
1%

House tenancy (%)

Owners
91%
Renters
9%

Schools and amenities

Estimated Budget