Looking for a great family compound, multi-generational living, or a property with potential income opportunities? This unique property offers two separate residences on 3.10 acres, providing plenty of space, privacy, and flexibility. The main home is a beautifully renovated 1,300 sq. ft. bungalow featuring 3 bedrooms and 2 bathrooms. Thoughtfully updated throughout, with numerous improvements and upgrades, to name a few: new flooring, an updated kitchen, new siding, new weeping tile and drainage all around the home, and a brand-new deck off the dining room - the perfect spot to relax or entertain. The furnace is only 4 years old, and a brand-new septic system is currently being completed and designed to accommodate both dwellings. Each home also has its own propane tank and separate hydro meter, adding to the convenience and independence of the two residences.The second home is a charming 600 sq. ft., 2-bedroom, 1-bathroom slab-on-grade bungalow with comfortable in-floor heating, making it easy and efficient to heat. Featuring warm wood interior finishes, this cozy space has a rustic, cabin-like feel with plenty of character. It also offers its own 3-piece bathroom, separate laundry, a nice back deck and private side yard entrance, making it a comfortable and independent living space. As an added bonus, the home features an attached 10' x 20' single-bay garage, currently used as a workshop and storage space. Whether you're looking for room for the whole family, a space for extended family to enjoy their own independence, or the opportunity to generate additional income, this property offers a wonderful combination of space, versatility and potential.
Data was last updated November 13, 2026 at 11:15 PM (UTC)
Area Statistics
Listings on market:
23
Avg list price:
$1,149,000
Min list price:
$589,900
Max list price:
$8,990,000
Avg days on market:
71
Min days on market:
1
Max days on market:
226
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.