29 KILTY BAY ROAD

There are waterfront properties you buy for what they are today, and others you buy because you can see what they could become. This one offers a little of both. Set on a large, private property on Stewart Lake near MacTier, this older three-bedroom cottage has the kind of character that is increasingly hard to find.

It is dated-very dated-but that's also part of what makes it interesting. Inside, old windows frame the lake from two sunrooms; original-feeling woodwork adds warmth and a fireplace, while not currently operational, remains a natural focal point. The three-level layout is unique, and throughout the cottage there are reminders of an earlier era of Muskoka cottage life.

It won't be for the buyer looking for something newly renovated and ready to impress. It's for someone who appreciates what is already here and can imagine thoughtfully bringing it forward. Enjoyed year round or seasonally.

Outside, mature trees, established stonework and approximately 1. 21 acres create a wonderfully private setting, while the cottage's position close to the water keeps Stewart Lake very much a part of everyday life. With approximately 256 feet of waterfront, there's room here to enjoy the property as it is, improve and potentially expand the existing cottage, or explore the possibilities of the site for something entirely new, subject to the appropriate approvals.

Stewart Lake offers the quieter side of Muskoka waterfront living, with opportunities for swimming, paddling and days spent simply enjoying the lake. And when the day is over, those old sunroom windows might just be the best seat in the house. This isn't a polished cottage pretending to be new.

It's an old one with character, privacy and possibilities-and for the right buyer, that's exactly the point.