New
31
34
$1,950,000
42 Todholm Drive Todholm Drive, Muskoka Lakes, ON P0B 1J0
Medora
5 bd
3 ba
1,500 sf
7
2 weeks on marketMLS® X13710672
Listing courtesy of SAVE MAX REAL ESTATE INC.
Medora · P0C 1A0
$1,995,000
$570 / sq ft4 months on market
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A rare opportunity to own a unique, commercially zoned waterfront resort on The Moon River, offering endless potential for investors, family compounds, or a turn-key short-term rental business. Set on approximately 200 feet of southwest-facing shoreline, this exceptional property enjoys all-day sun on the water and a sprawling sandy beach that's perfect for swimming, lounging, and riverside enjoyment. The main residence is a traditional-style farmhouse brimming with warmth, charm, and character. With four bedrooms and inviting living spaces, it provides the perfect central hub for family gatherings or guest entertaining. Surrounding the main cottage are four self-contained two-bedroom cabins, each with its own unique layout and personality. Every cabin is positioned to take full advantage of river views, with private decks that overlook the water- ideal for morning coffee or sunset relaxation. Thoughtfully spaced, the cabins also offer just the right amount of privacy for guests or renters to feel at ease. Located just minutes from the vibrant town of Bala, and also close to the charming community of Port Carling, this property offers easy access to fantastic dining, shopping, live entertainment at Kee to Bala, and all the amenities of Muskoka. Whether you're looking to host large families, run a boutique riverside business, or develop a thriving short-term rental portfolio, this property is loaded with opportunity. Commercial zoning allows for a wide range of uses and long-term growth potential in one of Ontario's most desirable destinations. *Please note projected pro forma & investor summary available.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 63% of comparable detached listings in Medora are asking less.
Based on 64 comparable active detached listings in Medora. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $1,995,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of CV Real Estate. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of CENTURY 21 MILLER REAL ESTATE LTD.
$1,950,000
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Listing courtesy of SAVE MAX REAL ESTATE INC.
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Listing courtesy of CENTURY 21 B.J. ROTH REALTY LTD.
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