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$12.50M · 3+2 bed Detached · Mclean, Lake of Bays | MyPropertyScout

$12,500,000

1085 Austin Lane

50 DOM

3+2550d

Map

⚡ Insider Deal

DOM 50

WaterfrontEstate Sale

$12,500,000

DOM50days

1085 Austin Lane

Lake of Bays · Ontario P0B 1A0

MLS® X13109250 · Mclean · P0B 1A0

3+25OwnerOccupied3000-3500 ft²Detached3-car Built-In50d$3,846/ft²Lot 980 x 2402 ft100 + ac$23,292 tax/yr

50 days on market

About this home

A Once in a Generation Lake of Bays Estate! An extraordinary offering in one of the most coveted locations near Baysville! This rare 200 acre legacy property boasts nearly 1000 feet of pristine shoreline on Lake of Bays, with breathtaking long lake views that stretch endlessly. Arguably one of the finest views in all of the Muskoka's. The property features a unique main cottage complemented by two additional cottages-one beautifully renovated and fully furnished, the other is a rustic retreat re…

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Property details

MLS#: X13109250
Status: Buy Now
Beds: 3+2
Baths: 5 full, 0 half
Size: 3000-3500
Style: 2-Storey
Type: Detached
Year built: —

Roof: Asphalt Shingle
Foundation: Unknown
Other structures: Other, Out Buildings
Property features: Golf, Lake Access, Lake/Pond, Ravine, Waterfront

Fireplaces: 2

Waterfront: Yes
Water view: Direct
Water body: Lake of Bays
Water frontage: 980 ft
Shoreline: Clean
Waterfront features: Other

Garage: 3-car Built-In
Garage spaces: 3
Parking: 9 total
Lot: 980 × 2402
Heating: Forced Air
Heating fuel: Propane
Cooling: None
Pool: No
Exterior: Shingle, Wood
Fronting on: East
Cross street: Austin Lane/
Basement: Finished with Walk-Out, Exposed Rock
Stories: —
Utilities: —
Laundry: —
Interior: Guest Accommodations, Water Heater
Parking features: —

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Level	Room	Dimensions
Main	Foyer	2.35m × 4.11m
Main	Kitchen	5.7m × 5.79m
Main	Bathroom	1.63m × 2.78m
Main	Living Room	5.64m × 10.55m
Second	Bathroom	1.42m × 1.3m
Second	Bathroom	1.05m × 1.87m
Second	Bathroom	2.69m × 3.85m
Second	Bedroom	3.24m × 3.61m
Second	Bedroom	3m × 3.37m
Second	Family Room	8.68m × 11.94m
Second	Primary Bedroom	4.34m × 6.61m
Second	Sunroom	1.9m × 6.64m
Lower	Bathroom	3.73m × 4.49m
—	—	—

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: REAL ESTATE HOMEWARD

Source: TRREB/PROPTX · MLS® X13109250

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$12.50M

1085 Austin Lane · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $12,500,000✓ $23,292 tax✓ Propane✓ 3000-3500 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$85,734/mo

incl. closing costs (yr 1)

Annual total

$1,028,811

year 1

Mortgage only

$47,421/mo

principal + interest

Beyond mortgage

$12,940/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$2,500,000

20%+ required — no CMHC insurance on $1.5M+ homes

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$1,941/mo

Utilities

Hydro / electricity$228/mo

≈ $0.07/ft² × ~3,250 ft² · ON avg ~$228/mo

Propane$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$125,000/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$298,975

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)55% $569,054/yr

Property taxes31% $322,267/yr

Utilities1% $5,790/yr

Insurance & security0% $1,600/yr

Maintenance12% $125,000/yr

Closing costs0% $5,100/yr

Mortgage is 55% of your true cost of ownership. The other 45% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$569,054	$47,421/mo
Government & taxes
Property tax	$23,292	$1,941/mo
Land transfer tax(closing)	$298,975	$24,915/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$2,730	$228/mo
Propane	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$125,000	$10,417/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$1,028,811	$85,734/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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1085 Austin Lane

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs