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Real Estate

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Cottage of the Week: $4 million for a Lake Muskoka island

ADDRESS: 1327 Peninsula Road, Port Carling

REGION: Lake Muskoka

AGENT: Richard Scully, Harvey Kalles Real Estate Ltd., Brokerage, Port Carling.

PRICE: $3,895,000

THE PLACE: This island cottage is more luxury chalet than quaint getaway. The property includes a main residence with a loft overlooking the living room, a boathouse with a rooftop deck and a separate bunkhouse for visiting guests, all of which blend distinctly contemporary features—stainless steel kitchen appliances, marble countertops, even a heated granite floor in the Muskoka room—and the traditional cottage appeal.

BRAGGING RIGHTS: The perfect party dock. Equipped with a built-in bar and barbecue, it’s a space made to entertain.

BIG SELLING POINT: Um, you’ll own your own island—3,222 square feet of property and another 1,200 square feet of water frontage that’s all yours.

POSSIBLE DEAL BREAKER: With so much deck space, a Muskoka chair addiction is almost inevitable.

BY THE NUMBERS:

• $3,895,000
• $12,299 in property taxes
• 3,222 square feet
• 4 bedrooms
• 3 bathrooms
• 1 cabin
• 1 double-slip boathouse