A new hilltop estate on Muskoka’s coveted Lake Rosseau is now up for sale at $22,988,888, offering what agents call a “once-in-a-lifetime opportunity” that may never be built again.
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A new hilltop estate on Muskoka’s coveted Lake Rosseau
is now up for sale at $22,988,888, offering what agents call a “once-in-a-lifetime opportunity” that may never be built again (Corcoran Horizon Real Estate photo).
Designed by celebrity architect Ferris Rafauli, most known for his work on Drake's $100-million mansion, the 11,854-square-foot home is a blend of what agents describe as luxury, seclusion, and one-off craftsmanship. “Essentially, it’s only one of one,” said Claudine Montano of Corcoran Horizon Real Estate (Corcoran Horizon Real Estate photo).
“He said it was so hard to build that he’ll never do it again.” With just two Canadian buyers showing interest so far, the listing has drawn international attention from luxury collectors and ultra-high-net-worth individuals flying in from Dubai and beyond (Corcoran Horizon Real Estate photo).
'Pure expression of my vision': Rafauli — known for his no-expense-spared aesthetic, curated every inch of the home, Montano says. Rafauli is also the same designer who built another estate for hockey legend and Canadian staple, Wayne Gretzky (Corcoran Horizon Real Estate photo). (Rob Gracie)
The property is also fully furnished with more than $5 million in custom pieces, including a 40-foot Italian crystal chandelier, ostrich leather accents, hair-on-hide finishes, and Hermes-inspired dressing rooms (Corcoran Horizon Real Estate photo).
“This home is a pure expression of my vision,” Rafauli said in a statement provided to CTV News Toronto. “Architecture, interiors, and landscape are not treated as separate disciplines, but as one unified, immersive experience… Everything was created in harmony with nature,” (Corcoran Horizon Real Estate photo). (Rob Gracie)
A collector's item: Real estate agents say buyers aren’t just looking for a Muskoka getaway — they’re collecting, Montano says. “People are collecting real estate like they are collecting art,” she said, adding that one group of potential buyers, who own a luxury stone company, said they’d never seen materials of this calibre (Corcoran Horizon Real Estate photo). (Rob Gracie)
“Everything is custom in there,” Montano said. “The dining room table was inspired by a piece of jewelry. It was so heavy they had to install another beam in the basement to support it,” (Corcoran Horizon Real Estate photo). (Rob Holowka)
Spanning three levels, the home includes a double-height great room, a luxe bar, and a private theatre. “This is not a cottage, it’s the castle,” Montano added. (Corcoran Horizon Real Estate photo).
There are also sweeping lake views from every primary suite, an 18-foot bronze-base dining table weighing 3,700 pounds, and kitchen countertops measuring four inches thick (Corcoran Horizon Real Estate photo).
Muskoka's high-end shift: The property also reflects a broader trend, Montano says. Muskoka is moving from cottage country to luxury retreat. “Muskoka has really upped up the real estate,” she said. “It’s the Hamptons of Toronto. It’s the great Canadian haven.” (Corcoran Horizon Real Estate photo).
The estate comes with an infinity pool, hot tub, two boat slips, a dock, and a basketball court, all tucked behind gates with over 500 feet of water frontage. (Corcoran Horizon Real Estate photo).
“Lamborghini wanted to do an event there,” Montano said, “but my people are like, we just don’t need all those people trampling through the property.” (Corcoran Horizon Real Estate photo).
According to agents, LVH Global , which is widely regard as the Airbnb for the ultra wealthy — has expressed strong interest in listing the estate for rental (Corcoran Horizon Real Estate photo).
Montano says the property is projected to command between $15,000 and $20,000 per night during peak season, with annual upkeep estimated at just $75,000 (Corcoran Horizon Real Estate photo).
The current owners, retired transportation executives who’ve worked with Rafauli since his early career, are reportedly ready to move on. “They used it and enjoyed it,” said Montano. “It was always very gently used. Ferris has built all of their homes.” (Corcoran Horizon Real Estate photo). (Rob Holowka)
“Ferris doesn't build for just anybody. You can't just go to him and ask for plans. He's got a want. He doesn't need the money, everything he builds… it's about passion” (Corcoran Horizon Real Estate photo).
While the property is open for tours, Montano says that visits are only permitted for serious buyers, adding that she usually requests "proof of funds" beforehand (Corcoran Horizon Real Estate photo). (Rob Holowka)
For the next buyer, the agents say, it’s not just about luxury but rather a chance to own what may become one of the most iconic residential designs in Canadian history (Corcoran Horizon Real Estate photo).
“This,” Montano said, “is 100 per cent the crown jewel of Muskoka.” (Corcoran Horizon Real Estate photo).
