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Investment signal

$579,900

1078 SOUTH KAHSHE LAKE ROAD E

Beds

Baths

Sqft

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Year

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Location

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About this home

Beautiful Muskoka!!! This Diamond in the rough four-season home offers an exciting and affordable opportunity to enjoy the Muskoka lifestyle in comfort and style. The main floor features a gourmet kitchen with granite counter tops and an open-concept layout, ideal for both everyday living and entertaining. Expansive windows throughout the home showcase serene woodland views from every angle.With four spacious bedrooms and three well-appointed bathrooms in total. The upper level is move-in ready. The partially finished basement provides the flexibility to add your own custom finishes and already includes a walk-out, making it ideal for an in-law suite or potential rental income.Additional highlights include a double car garage with high ceilings , a bunky set back in the yard, well and septic to reduce utilities. *Attached occupancy permit. *Property taxes are subject to reassessment. (id:65958)

Subtype: Single Family
Architectural style: Bungalow
Structure: House
Community: Morrison
Lot dimensions: 204 x 280.6 FT
Bedrooms: 2 above grade, 2 below grade
Parking: 8 total
Stories: 1
On market: Apr 18, 2026
Status changed: Apr 18, 2026
Annual tax: $550
Zoning: single family
Photos: 29
MLS#: X13015564
Area: GRAVENHURST_(MORRISON)

Features and systems

Parking

Attached GarageGarage

Basement

Partially finishedN/A

Heating

Forced airPropane

Exterior

Vinyl siding

Foundation

Insulated Concrete Forms

Lot

Wooded areaFlat siteCountry residential

Utilities

Electricity

Negative cash flow ~$1,162/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-12.02%

Cap rate

3.49%

GRM

16.7

Break-even rent

$4,123

Financing

Down payment$115,980

Loan amount$463,920

Mortgage$2,846/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$266

Insurance$80

Maintenance$483

CapEx reserve$242

Vacancy loss$145

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Gravenhurst (Morrison). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $2,846/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 18, 2026.