1215 118 Highway E, Bracebridge

$1,350,000
1215 118 Highway E

$1,350,000

New
45d
DetachedBungalow-Raised

1215 118 Highway E, Bracebridge

Total Monthly Obligation $6,260

Beds
3
Baths
3
Park
8
Sqft
3000-3500
DOM
45d
Yield
2.9%
Cash on Cash
-10.5%
Cap Rate
2.3%
5Y IRR
7.4%
10Y IRR
8.2%
Property Type-Detached
MLS® Number-X13755066
Beds-3
Bathrooms-3
Size-3000-3500 sqft
Lot Size-640 × 275 ft
Listed on site-Sep 8, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$5,267.87 (2025)
Parking-8 - None
Basement-Full
Heating-Heat Pump (Ground Source)
Brokerage-RE/MAX Professionals North
Cooling-None
Laundry-No
Fireplace-Other
Pool-None
Facing-North
Exterior-Hardboard
Roof-Fibreglass Shingle
Foundation-Concrete Block
Sewer-Septic
Possession-Flexible
Neighbourhood-Draper
Title-Residential Freehold

No agent assigned

EXECUTIVE WATERFRONT LIVING ON OVER 5 ACRES JUST MINUTES FROM BRACEBRIDGE! Rarely does a property of this calibre become available, offering the perfect combination of privacy, acreage, waterfront enjoyment, and convenience. Situated on the North Branch of the Muskoka River, this exceptional property boasts over 5 acres of beautifully treed land and direct boating access to Spence Lake, where you can enjoy tubing, fishing, kayaking, canoeing, and endless water recreation right from your own backyard.Designed for family living and entertaining, this spacious home offers approximately 4,000 sq. ft. of finished living space, including an impressive 1,800 sq. ft. main level, a 368 sq. ft. loft, and a full walkout lower level. The heart of the home is the stunning great room featuring soaring vaulted ceilings, floor-to-ceiling windows, and views of the river and surrounding natural landscape. The gourmet kitchen is beautifully appointed with granite countertops, ample cabinetry, and an open-concept layout that flows seamlessly into the living and dining areas. Step outside to the expansive deck or relax in the inviting 3-season Muskoka room, the perfect place to enjoy morning coffee or evening sunsets overlooking the water. The main floor also features a spacious primary suite complete with a 3-piece ensuite and walk in closet, two additional bedrooms, and a 4-piece bathroom finish off the main floor. The bright walkout lower level provides exceptional additional living space with a large games and recreation room, four additional rooms currently utilized for family and guest overflow, laundry facilities, and utility/storage space.Whether you're searching for a year-round family residence, executive retreat, or waterfront escape, this property delivers an unmatched lifestyle. Opportunities to own a waterfront home of this size, with acreage and boating access, just minutes from all the amenities, shopping, dining, schools, and services of Bracebridge are rare.

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Closing Costs

Mortgage Amount
$1,080,000
Land Transfer Taxes$23,475
Legal Fees (Est.)
$
Total cash required for closing$294,975

Total Monthly Obligation

$6,260/mo
Mortgage $5,446
Monthly Loss $4,827
Principal$1,433
Interest$4,013
Property Tax$439
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1215 118 Highway E

Time

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