Breathtaking southwest open-water views on Lake Muskoka! Nestled on desirable Hemlock Point between Gravenhurst and Bala-under 2 hours from the GTA-this cherished, multi-generational property offers a rare waterfront footprint. Boasting over 1,860 sq. ft. of finished living space, the unique two-storey on-water boathouse/cottage features a bright open-concept kitchen, living, and dining area overlooking the lake, with a seamless walkout to a large side deck. The main level also includes a bedroom and 4-piece bath, while the upper backsplit level hosts two spacious bedrooms, including a impressive 21' primary suite complete with a 3-piece ensuite and walk-in closet. The expansive lower deck includes two boat slips (one covered, one enclosed) with shallow and deep water entry. Additional highlights include a partial walkout basement with laundry, utility, and storage space, plus a detached 12' x 21' Bunkie/storage building. Set on a lovely 0.42-acre lot with 134' of frontage (116' straight line), this property presents an incredible redevelopment opportunity with an unmatched, grandfathered footprint. Property being sold "AS IS". Buyer encouraged to confirm with Township of Muskoka Lakes regarding any redevelopment potential.
Data was last updated August 4, 2026 at 10:15 PM (UTC)
Area Statistics
Listings on market:
30
Avg list price:
$1,499,000
Min list price:
$370,000
Max list price:
$13,450,000
Avg days on market:
64
Min days on market:
1
Max days on market:
649
These statistics are generated based on the current listing's property type
and located in
Wood (Muskoka Lakes). Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.