7313 534 Highway, Parry Sound Remote Area, ON P0H 2R0
Restoule, Parry Sound Remote Area · Near Hwy 534 & Beaudry Hill Rd · View map
About this home
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.
The home
- Type
- Waterfront cottage
- Style
- 2-Storey
- Square footage
- 2500-3000 sq ft
- Bedrooms
- 5
- Bathrooms
- 4
- Kitchens
- 1
- Rooms
- 16
- Basement
- Finished with Walk-Out
- Lot size
- 551.1 x 70 ft
- Faces
- West
- View
- Lake
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Security System
- Exterior
- Wood, Stone
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Garage
- Carport
- Garage spaces
- 2
- Driveway spaces
- 6
- Total parking
- 8
Taxes & other
- Property taxes
- $4,300/yr
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- Flexible
- Cross street
- Hwy 534 & Beaudry Hill Rd
- Neighbourhood
- Restoule
More
- Price per sq ft
- ~$581 (at 2,750 sq ft)
- MLS® number
- X13523486
No matching details. Ask Will instead
The home and its surroundings
- Built-In Oven
- Countertop Range
- ERV/HRV
- Generator - Partial
- Water Heater Owned
- Water Treatment
- Workbench
- Lake/Pond
- Rec./Commun.Centre
- School Bus Route
- Waterfront
- Deck
- Fishing
- Hot Tub
- Landscape Lighting
- Landscaped
- Patio
- Privacy
- Year Round Living
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
7313 534 Highway, Parry Sound Remote Area, ON P0H 2R0
Restoule, Parry Sound Remote Area · Near Hwy 534 & Beaudry Hill Rd
Get directionsWhat’s nearbySchools nearby
Open this tab to load nearby schools.
Your commute
Enter where you go every day to see real drive times:
Listing history for 7313 534 Highway
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 7313 534 Highway
Answers come straight from this home’s MLS® listing.
How much is 7313 534 Highway listed for, and what would it cost each month?
7313 534 Highway is listed for $1,599,000. With 20% down ($319,800), the mortgage payment would be roughly $6,450 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $6,808 a month, all in. That figure is an illustration, not a quote.
Is 7313 534 Highway freehold or a condo, and is there a monthly fee?
7313 534 Highway is a waterfront cottage in Restoule, Parry Sound Remote Area. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 7313 534 Highway have?
7313 534 Highway has 5 bedrooms and 4 bathrooms. The listing gives the style as 2-storey.
Does 7313 534 Highway have a garage and parking?
Yes. The listing shows the garage as carport, with room for 2 cars. The driveway adds 6 spaces. In total the listing counts 8 parking spaces.
Does 7313 534 Highway have a finished basement?
The listing describes the basement as finished with walk-out. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 7313 534 Highway?
7313 534 Highway is a waterfront cottage. A waterfront cottage has its own shoreline on a lake, river or bay, so the frontage, the shoreline and the way it faces matter as much as the building.
How big is 7313 534 Highway, and what is the lot size?
The listing puts the home between 2,500 and 3,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 551.1 x 70 ft.
How is 7313 534 Highway heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 7313 534 Highway?
Property taxes are $4,300 a year (2026), or about $358 a month.
Where is 7313 534 Highway?
7313 534 Highway is in the Restoule community of Parry Sound Remote Area. The nearest main intersection is Hwy 534 & Beaudry Hill Rd. The postal code is P0H 2R0.
Is 7313 534 Highway still for sale?
Yes. It is an active listing (MLS® X13523486). Listings here update from the board through the day and come down once a home sells.
What are similar cottages near 7313 534 Highway asking?
Similar cottages for sale nearby right now include 919 Limberlost Point Road at $1,499,000 (8 bed), 3 Northshore Drive at $1,377,000 (2+3 bed) and 2464 Smith Bay Road N at $1,500,000 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 7313 534 Highway sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 7313 534 Highway?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar cottages nearby
More cottages for sale near Restoule, picked by style, size and price.
Waterfront cottage$1,499,000919 Limberlost Point Road, Parry Sound Remote Area8 bed · 4 bath · RestouleCourtesy of: Forest Hill Real Estate Inc.View home →
Chalet$1,377,0003 Northshore Drive, Parry Sound Remote Area2+3 bed · 4 bath · RestouleCourtesy of: HOMELIFE EAGLE REALTY INC.View home →
Waterfront cottage$1,500,0002464 Smith Bay Road N, Parry Sound Remote Area3 bed · 3 bath · BlairCourtesy of: Coldwell Banker Thompson Real Estate,View home →Courtesy of: Re/Max Crown Realty (1989) Inc.
PropTx MLS® assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.