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Rural Whitchurch-Stouffville, Whitchurch-Stouffville
$985,000
Welcome to 73 Cedarvale Boulevard - a rare opportunity to own a beautiful direct waterfront retreat on sought-after privately owned Musselman's Lake. Offering nearly 40' of breathtaking south-facing shoreline this charming board and batten lake house captures unobstructed panoramic views and endless possibilities for year-round enjoyment, investment, or future expansion. Inside the thoughtfully updated 1-bed, 1-bath home exudes chic lakeside charm with vaulted ceilings, an open concept layout, and sun-drenched living spaces designed to maximize the breathtaking water views. The spacious main living area seamlessly flows to a large waterfront sun deck creating the perfect setting for entertaining, relaxing with your morning coffee, or taking in spectacular sunsets over the lake. Ensuite laundry adds everyday convenience while recent upgrades provide peace of mind including PEX plumbing, updated drywall/insulation, owned gas instant hot water tank and an updated 100AMP breaker panel. The property is serviced by municipal water and features a legal non-conforming septic system - offering added practicality for waterfront living. This exceptional property comes fully complete with a detached 28' x 14' garage equipped with 100AMP power and electric heat presenting incredible potential for a workshop, studio, home-based business or future in-law-suite conversion, and 2 additional 10'x10' sheds for all your storage needs. Whether you love swimming, boating, fishing, kayaking, cycling, skating, or snowmobiling, outdoor adventure awaits right in your own backyard. Immerse yourself in the natural beauty, wildlife and vibrant tucked-away community of Musselman's Lake while enjoying the flexibility to live comfortably as-is, renovate and expand, rebuild your dream waterfront home, or capitalize on an exceptional short-term rental opportunity.The views are truly spectacular, the lifestyle is unmatched, and the possibilities are endless at this one-of-a-kind waterfront property!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | < 700 sq. ft. |
| Property Tax | $3,650 |
| Lot Size | 40 ft x 208 ft |
| mls© Number | N13526204 |
| Listed By | MAIN STREET REALTY LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,042
- Property tax
- $304
- Heat allowance
- $150
- Housing costs
- $5,496 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$169,000
gross annual household income
- Payment at 4%
- $4,145 / mo
- Cash down
- $197,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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