Sold for:Sold Aug 22, 2025
$1,299,000

1559 118 Highway E

Bracebridge (Draper), ON P1L 1X1

Detached House SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 1559 118 Highway E, Bracebridge, Draper

2025-07-12
2025-08-23
Sold
Price
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MLS#
x12281481
2025-06-26
2025-07-12
Terminated
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 1559 118 Highway E, Bracebridge, Draper

Turnkey, unique & stunning 35 +/- retreat with 1570 +/- frontage on the Muskoka River. This gorgeous property offers 20 x 30 ft heated garage, plumbed for in-floor heating, new 200 amp pony panel, separate barn, outbuilding, chicken coop & 2 absolutely stunning winterized cabins by the River (turnkey). Also includes a 2019 Argo with the winter tracks & Kabota with tracks for winter. The beautiful open concept home offers vaulted ceilings, amazing kitchen, warm living room with propane fireplace, 2 bdms & office could be converted to 3rd bdm. Pine flooring throughout. All renos on house & cabins within the last 7 years. Outside there is a covered cooking area, hot tub & large firepit. This nature lover paradise has winding trails that lead to the river to cabins previously on Airbnb with high reviews (can be reactivated for the new owners). A great income generating opportunity. Cabin #1 is 266 sq ft. Cabin #2 is 360 sq ft. Both include a kitchen, living room, bedroom, bathroom, dining tent, firepit & brand new docks. The utility cabin includes a 2 pc bath, storage room that houses all the supplies for the cabins (linens, lifejackets, snowshoes), UV light & filters for the cabin water systems (both have individual hot water heaters). Meticulous set up. This beautiful & unique property does not come around too often. Filled with trails, streams, both treed & cleared areas, wetlands, wildlife & peaceful river use. Boat, canoe, kayak, paddleboard for hours. Live in the home & rent out the cabins year round, maybe add yurts, many future uses with foresight. The dream is a reality, with this property. Motivated Sellers & VTB is a possibility. Vendor is open to renting back for a year.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,059
Land Transfer Tax Fee
$22,455

Rental Items

Rental Equipment
Propane Tank

Basement Type
Crawl Space

Interior Features

Laundry Level
Main Level
Interior Extras
Primary Bedroom - Main Floor, Water Heater Owned
View
Trees/Woods, River
Fireplace/Stove
Yes
Fireplace Features
Propane, Fireplace Insert, Freestanding
Elevator
No

Exterior Features

Exterior Extras
Deck, Landscaped, Privacy, Porch Enclosed, Year Round Living
Pool
None
Property Features
Part Cleared, River/Stream, Waterfront, Wooded/Treed
Other Structures
Barn, Workshop, Other, Aux Residences

Building

Building Type
Detached
Building Style
Bungalow
Approx Age
51-99

Construction

Exterior Finish
Wood
Roof
Metal
Foundation Details
Piers
Special Designation
Unknown

Lot

Lot Front
1570.00 ft
Lot Depth
574.00 ft
Lot Size
35
Lot Shape
Irregular

Inclusions

Inclusions
Dishwasher, dryer, gas stove, hot water tank owned, range hood, refrigerator, washer, dining tents, all cabin furniture, cabins turnkey (linens, chairs, dishes etc.) bbq's, 2019 Argo with winter tracks & Kabota with winter tracks, generator for house, chicken coop.

Exclusions

Exclusions
Butcher block island in kitchen

Parking & Garages

Garage Type
Detached
Garage Spaces
2
Parking Spaces
6
Total Garage And Parking Spaces
8

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
Wall Unit(s)
Water
Well
Sewers
Septic
Hydro
Yes
Cable
Available
Telephone
Available

Bedrooms
2 + 2
Washrooms
2
Kitchens
3

Room sizes

  • Foyer—
    Main level
  • Living Room—
    Main level, Carpet Free, Open Concept, Vaulted Ceiling(s)
  • Dining Room—
    Main level, Carpet Free, Vaulted Ceiling(s), W/O To Deck
  • Kitchen—
    Main level, Carpet Free, Vaulted Ceiling(s), Open Concept
  • Sunroom—
    Main level
  • Other—
    Main level
  • Bathroom—
    Main level, 3 Pc Bath, Combined w/Laundry
  • Bedroom—
    Main level, 3 Pc Ensuite, W/O To Deck
  • Bathroom—
    Main level, 3 Pc Ensuite
  • Bedroom 2—
    Main level, Carpet Free
  • Office—
    Main level

Washrooms

  • 3-piece, Main

Municipality
Bracebridge
Neighbourhood
Draper
Main cross streets
118 E & Matthiasville Rd
Zoning
res on water
Directions
Highway 118 E to property
Waterfront
Direct

MLS® number
X12281481
Data source
Toronto Regional Real Estate Board
Status change
2025-08-23
Listed on
2025-07-12
Days on market
42 days
Possession type
Flexible
Co-op commission
2.5%
Seller
Listed by
SUTTON GROUP INCENTIVE REALTY INC.

Home Market Value

Current home valuation for 1559 118 Highway E, Bracebridge, Draper, Bracebridge, ON. Listed for $1,299,000

HOMEH Estimate

?

$865,317

Estimated Sales Range

?

$605,722 - $1,124,912

HOMEH Estimate for 1559 118 Highway E, Bracebridge, Draper

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$865,317Low confidence
Based on 15 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

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Bracebridge, ON
Minimum Down Payment Required:8.1%

5% on first $500K + 10% on $799,000 over $500K

Minimum down payment

$104,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
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+CMHC insurance
$47,751$36,242$30,916$0
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$1,241,532$1,205,342$1,135,066$1,039,200
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$6,062monthly$5,885monthly$5,542monthly$5,074monthly
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Land Transfer Tax

Provincial

$22,455

Total Land Transfer Tax

$22,455

Around this home

2/100Almost All Errands Require a Car
0/100Minimal Transit
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3.8 /10

Muskoka Falls

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