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42 TODHOLM DRIVE TODHOLM DRIVE, Muskoka Lakes (Medora) — listed at $1,950,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Beautiful Unique "A" shaped cottage fully renovated and located in the heart of Muskoka cross from Hanna park and beach. This property offer a large waterfront with a beautiful recently constructed dock with a 700 square feet double deck right on the water. Room for a boat to be covered and stay dry. The glass railing on the deck gives you great space for just enjoying or having a great get together. Being right in town enjoy the shopping for all your needs. The "A" shape will provide you tons and tons of sunlight. The newly renovated kitchen gives you tons of space to cook. The loft on the second floor is beautiful space that gives you scenic views of the waterfront through the "A" shaped windows. Seeing is believing. The Septic system was was replaced in August 2023. Both Septic and Double deck with dock done with City permits. Landscaping done with Muskoka Stone with a fire pit. 3000 square feet gives a large family tons of room. Short term rental can make a great investment to your portfolio. Capable of bringing a cap rate of 18 percent. At present bringing in 10 percent. This property can offer great times and be a great investment. Cap Rate of over 10 percent. Will make it nice retirement property. Force air furnace and air conditioning and Generator are 4 years old. All the furniture is included which is 6 years old. **EXTRAS** Fridge, Built in countertop electric stove, Built in oven, Built in Microwave, Built in Dishwasher, Washer and Dryer. Electrical fixtures. 24 Kwatt Generator. 6 persons Hot tub. Tesla Charger. Will get it in perfect condition as all updates will be completed as per buyer choice. Turn key. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Second level | 4.56 x 3.49 meters |
| Bedroom 2 | Ground level | 4.72 x 4.77 meters |
| Bedroom 3 | Ground level | 3.55 x 2.87 meters |
| Bedroom 4 | Basement | 5.65 x 3.04 meters |
| Bedroom 5 | Basement | 3.08 x 4.76 meters |
| Kitchen | Ground level | 6.74 x 6.22 meters |
| Great room | Basement | 7.61 x 9.15 meters |
| Living room | Ground level | 5.65 x 6.6 meters |
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
How many fireplaces are there, and what type?+
This home has 2 fireplaces. Confirm the fuel type (wood, gas, or electric) and have it inspected — especially wood-burning, which needs a WETT certification for insurance.
How is the home heated? Is it efficient?+
Heating is forced air, propane. Ask for past utility bills to understand real heating costs.
Is 42 TODHOLM DRIVE TODHOLM DRIVE a good fit for a growing family?+
With 5 bedrooms and 3 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $6,200, heating is forced air, propane. Always verify the latest figures with your agent before making an offer — these change yearly.
Does it have a basement, and is it finished?+
Yes — Finished, Walk out, N/A. A finished basement adds meaningful living space beyond the listed square footage.
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