Lake Muskoka is located between Port Carling and Gravenhurst. The lake is dotted with cottages and is primarily within the Township of Muskoka Lakes, with the southeast corner in the Town of Gravenhurst. Lake Muskoka is at a different lake level than Rosseau and Joseph and can be accessed through the locks at Port Carling. Large passenger ships operate primarily on Lake Muskoka, however do venture to both Lake Rosseau and Lake Joseph.
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