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For Sale

3998 Hwy 141 N/A 12 #12

Watt, Muskoka Lakes, ON
$1,150,000
3Bd
2Ba
2,250+sqft
6Parking
101 ft frontagelot
$511/sqft
DetachedMLS# X13002236Listed 2026-04-1589 DOM
Basement
Unfinished

On the market for 89 days — longer than average. The seller may be open to negotiation.

About this home

Escape to classic Muskoka charm at this beautiful cottage, currently being utilized for 4 seasons, perfectly positioned with serene north-facing views of Lake Rosseau. Originally built in 1967, the cottage retains its timeless appeal while benefiting from a 43-foot by 20-foot addition completed in 2017, expanding the living area and offering even more space to relax and entertain in comfort. Nestled in a waterfront community on a wooded and flat landscape, this inviting 3-bedroom, 2-bath cottage provides plenty of room to gather with family and friends. The sale includes a 1/9th share of 120 acres and a 1/9 share in dock ownership, under homeowners agreement with 8 other shareholders, Enjoy deeded water access with a designated parking spot at a shared dock, and an adjacent free municipal boat launch making lakeside living with access to the Big Three lakes easy and convenient. Inside, the cottage blends traditional Muskoka character with modern amenities, providing cozy yet spacious living areas ideal for unwinding after a day on the lake. Outside, spend time by the water or take in the stunning views from the decks. A separate workshop on site adds functionality and flexibility. Located just minutes from Rosseau and Bent River, your'e never far from local restaurants, shopping, and essential amenities. In the winter, snowmobile trails are within walking distance, offering year-round outdoor adventure. Whether you're seeking a peaceful getaway or a lively family retreat, this charming cottage offers the very best of cottage country living.

Waterfront

Rooms

Main Floor
Kitchen2.42 × 3.76 m
Breakfast3.04 × 3.73 m
Dining Room4.27 × 3.93 m
Living Room3.38 × 10.36 m
Bathroom1.97 × 2.73 m
Laundry2.96 × 3.77 m
Bathroom2.62 × 2.73 m
Bedroom3.56 × 3.75 m
Primary Bedroom5.13 × 3.75 m
Bedroom2.80 × 4.87 m
Family Room5.88 × 4.16 m
Second Floor
Other4.59 × 5.59 m

Features

  • Carpet Free
  • In-Law Capability
  • Primary Bedroom - Main Floor
  • Deck
  • Landscaped
  • Lighting
  • Porch
  • Recreational Area
  • Seasonal Living
  • Crawl Space
  • Unfinished
  • None
  • Bungalow

Financials

Annual Taxes
$2,655.36

Estimated Rental Income

Entire property$3,200 – $4,800/mo
Rental yield3.3% – 5.0%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Muskoka Lakes

Days on market89 days
Buyer's MarketSeller's Market

Based on active listings in Muskoka Lakes. Data updates daily.

Our estimate for this home

Priced 17.2% below estimate
Estimated range
$1.28M$1.49M
Mid-point $1.39M · ~$617/sqft
How this listing compares
$1.28MList · $1.15M$1.49M
High confidence·Based on 13140 gta-wide comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$1,150,000
3998 Hwy 141 N/A 12, Muskoka Lakes
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