A rare opportunity on the Moon River, offering the ideal combination of expansive waterfront living and town convenience, just a five-minute walk from Bala. Set on full municipal water and sewer services, this spacious five-bedroom, six-bathroom cottage was designed for large gatherings of family and friends, providing the ultimate culinary efficiency with an open concept kitchen appointed with dual high-end refrigerators, dual ovens, and dual dishwashers. Two of the five bedrooms feature private balconies and a third bedroom walks directly out on the deck. The primary bedroom offers a private screened in terrace. Each bedroom features its own private ensuite, while two additional sleeping nooks allow the property to comfortably accommodate up to 14 people. The bright, interior features a double-height living and dining area with warm wood finishes, expansive windows, generous entertaining spaces, and an impressive stone fireplace. A fabulous Muskoka Room leads to the screened in porch, both providing the perfect place to relax while enjoying the surrounding natural beauty. Outside, an expansive deck creates exceptional space for dining, entertaining and enjoying the waterfront setting. The well landscaped property captures both beautiful sunrises and sunsets, while the level lawn and pathway lead to an oversized steel dock featuring a child-friendly wade-in area that transitions into deep-water swimming and boating.. An outstanding Muskoka retreat with excellent accommodations, municipal services and all the shops, dining and amenities of Bala within easy walking distance.