Cottage of the Week: $4 million for a two-cottage compound on Little Lake Joseph
ADDRESS: 75 Old Portage Road
NEIGHBOURHOOD: Rosseau, Ontario
AGENT: Jamie Blair and Tom McDonald, Chestnut Park Real Estate Ltd., Brokerage and Richard Scully, Harvey Kalles Real Estate Ltd., Brokerage
PRICE: $3,995,000
THE PLACE: Situated on Little Lake Joseph, this Muskoka compound includes two individual cottages and a bunkhouse on the property.
BRAGGING RIGHTS: The cottage has the same rustic elegance as an ad for Ralph Lauren Home—the handy work of Lisa Stevens, head of Lisa Stevens and Co., a Distillery District interior design firm.
BIG SELLING POINT: The compound is made for a large family to share, with seven bedrooms split over three separate sleeping areas.
POSSIBLE DEAL BREAKER: If you and your siblings are the type to squabble over splitting the check, going in on a multimillion-dollar property is probably not in your best interests.
BY THE NUMBERS: • $3,995,000 • $20,519 in 2010 taxes • 728 feet of shoreline • 7 total bedrooms • 5 total bathrooms • 5.5 acres of land • 2 cottages • 1 tennis court • 1 boathouse • 1 bunkhouse
