
1559 118 Highway E
Bracebridge (Draper), ON P1L 1X1
- 2+2Bedrooms
- 2Bathrooms
- 2Garage
- 1100–1500Sq Ft
- $3,059Tax
- 1,570×574 ftLot Size
- Estimated Value:$865,317See Free Estimate Report

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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.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $799,000 over $500K
$104,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $47,751 | $36,242 | $30,916 | $0 |
=Total mortgage | $1,241,532 | $1,205,342 | $1,135,066 | $1,039,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $6,062monthly | $5,885monthly | $5,542monthly | $5,074monthly |
Land Transfer Tax
$22,455
$22,455
Around this home
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