Listed for:Listed Jul 3, 2026
$1,599,000

7313 534 Highway

Parry Sound Remote Area (Restoule), ON P0H 2R0

Rural Residential For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 7313 534 Highway, Parry Sound Remote Area, Restoule

No listing history available

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About 7313 534 Highway, Parry Sound Remote Area, Restoule

Summarized Description

  • Luxury waterfront home on Restoule Lake
  • Spacious 5 bedrooms and 4 baths
  • Open-concept design with dramatic lake views
  • Chef's kitchen with double appliances
  • Private office and three-season sunroom
  • Finished lower level for entertainment
  • Impressive 60-foot deck for gatherings
  • Access to floating dock and hot tub

Welcome to luxury living on coveted Restoule Lake-an extraordinary 5-bedroom, 4-bath executive waterfront home offering over 4,000 sq. ft. of beautifully designed living space, soaring 10-foot ceilings, and more than 500 feet of spectacular shoreline. For buyers seeking premium waterfront living without Muskoka price tags, this remarkable property delivers exceptional value on one of Northern Ontario's most desirable lakes. Designed to capture breathtaking lake views, the open-concept living, dining and kitchen area is highlighted by a dramatic wall of windows overlooking the water and flows seamlessly onto an impressive 60-foot deck with sleek glass railings-perfect for entertaining. The chef-inspired galley kitchen is built for everyday living and large gatherings alike, featuring double dishwashers, double wall ovens, two refrigerators, and a spacious walk-in pantry. The main level also offers a private office ideal for working from home, a bright three-season sunroom, and a convenient 3-piece bath. Upstairs you'll find five spacious bedrooms, including a stunning primary retreat with walk-in closet, ensuite, and private balcony overlooking the lake. A second-floor laundry room and additional bath provide comfort and convenience for family and guests. The fully finished lower level offers exceptional space for relaxation and entertainment with a large recreation/games room, media area, and covered walkout leading directly to the patio and hot tub. Outside, enjoy a beautifully designed interlocking stone patio with fire pit and effortless access to the water from the impressive 50' x 16' floating dock just steps away. Experience the caliber of luxury waterfront living often associated with Muskoka, while enjoying greater privacy, expansive shoreline, and outstanding value on beautiful Restoule Lake.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,300
Land Transfer Tax Fee
$28,455

Rental Items

Rental Equipment
Propane Tank
Under Contract
Propane Tank

Basement Type
Finished with Walk-Out

Interior Features

Interior Extras
Built-In Oven, Countertop Range, ERV/HRV, Generator - Partial, Water Heater Owned, Water Treatment, Workbench
View
Lake
Security Features
Security System
Fireplace/Stove
Yes
Fireplace Features
Propane, Living Room
Elevator
No

Exterior Features

Exterior Extras
Deck, Fishing, Hot Tub, Landscape Lighting, Landscaped, Patio, Privacy, Year Round Living
Pool
None
Property Features
Lake/Pond, Rec./Commun.Centre, School Bus Route, Waterfront
Other Structures
Workshop

Building

Building Type
Rural Residential
Building Style
2-Storey

Construction

Exterior Finish
Wood , Stone
Roof
Metal
Foundation Details
Concrete Block
Special Designation
Unknown

Lot

Lot Front
551.12 ft
Lot Depth
70.00 ft
Lot Size
0.724
Lot Shape
Irregular

Inclusions

Inclusions
Kitchen Appliances - 2 Dishwashers, 2 Refrigerators, B/I Wall Ovens, Stove Cook Top, Washer, Dryer, Docking, Generator

Exclusions

Exclusions
Personal items

Parking & Garages

Garage Type
Carport
Garage Spaces
2
Parking Spaces
6
Total Garage And Parking Spaces
8

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Well
Sewers
Septic
Natural Gas
No
Hydro
Yes
Cable
No
Telephone
Yes

Bedrooms
5
Washrooms
4
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Office—
    Main level, W/O To Deck, West View
  • Bedroom 3—
    Second level, Vaulted Ceiling(s), Overlook Water
  • Bedroom 2—
    Second level, Vaulted Ceiling(s), Overlook Water
  • Bathroom—
    Lower level, 2 Pc Bath
  • Utility Room—
    Lower level
  • Bathroom—
    Second level, Combined w/Laundry, Double Sink
  • Bedroom 4—
    Second level, Vaulted Ceiling(s), Overlook Water
  • Bathroom—
    Second level, 3 Pc Ensuite, Walk-In Closet(s), Separate Shower
  • Primary Bedroom—
    Second level, Vaulted Ceiling(s), W/O To Balcony, 3 Pc Ensuite
  • Sunroom—
    Main level, Vaulted Ceiling(s), W/O To Deck
  • Kitchen—
    Main level, Galley Kitchen, Pantry, B/I Appliances
  • Foyer—
    Main level, Pocket Doors, Closet, Tile Floor
  • Living Room—
    Main level, W/O To Deck, Fireplace, Combined w/Dining
  • Bathroom—
    Main level, 3 Pc Bath
  • Bedroom 5—
    Second level
  • Family Room—
    Lower level, W/O To Water, B/I Bookcase

Washrooms

  • 3-piece
  • 3-piece
  • 3-piece
  • 2-piece

Municipality
Parry Sound Remote Area
Neighbourhood
Restoule
Main cross streets
Hwy 534 & Beaudry Hill Rd
Zoning
unorganized
Directions
Hwy 534 to Restoule to #7313
Waterfront
Direct

MLS® number
X13523486
Data source
Toronto Regional Real Estate Board
Listed on
2026-07-03
Updated on
2026-09-06
Days on market
115 days
Possession type
Flexible
Co-op commission
2%+HST
Seller
Listed by
Re/Max Crown Realty (1989) Inc.

Home Market Value

Current home valuation for 7313 534 Highway, Parry Sound Remote Area, Restoule, Parry Sound Remote Area, ON. Listed for $1,599,000

HOMEH Estimate

?

$1,220,000

Estimated Sales Range

?

$732,000 - $1,708,000

HOMEH Estimate for 7313 534 Highway, Parry Sound Remote Area, Restoule

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$1,220,000Low confidence
Based on 3 comparable properties
+ $379,000 (31%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Parry Sound Remote Area, ON
Minimum Down Payment Required:20.0%

20% required for homes $1.5M or more

Minimum down payment

$319,800

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$1,279,200$1,199,250$1,119,300$1,039,350
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$6,246monthly$5,855monthly$5,465monthly$5,075monthly
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Land Transfer Tax

Provincial

$28,455

Total Land Transfer Tax

$28,455

Around this home

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