For Sale
Just Listed
1 Merlin (Island M91) Island
Wood (Muskoka Lakes), Muskoka Lakes, ON
$1,999,000
4Bd
3Ba
1,300+sqft
0Parking
853.02 ft frontagelot
$1538/sqft
DetachedMLS# X13552974Listed 2026-07-112 DOM
Heating
Water Heater Owned
Just listed! New listings in Muskoka Lakes often receive offers within the first week.
About this home
Private Island. Lake Muskoka. Rare. Private islands almost never hit the Muskoka market - this is your shot. 1.2 acres, tucked into a peaceful, quiet bay with sweeping views and sun from sunrise to sunset. Flat, usable land with winding paths, deep water off one side, shallow sandy entry on the other - perfect for kids, grandparents, dogs, all of it. Same family for 40+ years. A blank canvas with a head start: 4-bed, 2.5-bath cottage plus bunkie, septic and services already in place. Keep it as-is or build your legacy estate from scratch.Paddle it, ski it, fish it. Bring your vision - the island's ready.
Features
- Primary Bedroom - Main Floor
- Water Heater Owned
- None
- 1 1/2 Storey
Financials
Annual Taxes
$10,937
Estimated Rental Income
Entire property$4,000 – $6,500/mo
Rental yield2.4% – 3.9%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Muskoka Lakes
Days on market2 days
Buyer's MarketSeller's Market
Based on active listings in Muskoka Lakes. Data updates daily.
Our estimate for this home
Estimated range
$687K – $799K
Mid-point $743K · ~$571/sqft
How this listing compares
$687KList · $2.00M$799K
High confidence·Based on 16752 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.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
51
/ 100
Walk Score
Somewhat Walkable
48
/ 100
Transit Score
Some Transit
55
/ 100
Bike Score
Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
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.
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