Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Draper. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $1,595,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
PUBLIC OPEN HOUSE SAT JULY 4TH @ NOON - 3 PM. Stunning custom built (2023) 4 season, 2,736 sq ft lakefront Home/Cottage on the peaceful spring fed waters of McKay Lake just minutes to Bracebridge. Nestled on a private, beautifully treed 2.1 acre lot with 257 ft of southeast facing shoreline, this property offers exceptional privacy, serene surroundings, and year-round access.The thoughtfully designed contemporary open concept layout blends modern style with comfortable living, ideal for both entertaining and everyday use. A dramatic wall of windows captures breathtaking lake views and fills the home with natural light. Walk out to a spacious covered front deck with glass panels and aluminum railings-perfect for relaxing or hosting.The main level features quality finishes throughout, including a striking granite faced propane fireplace, custom cabinetry, stunning 4'x8' island with seating for 4 , integrated dishwasher, sink, and space for wine fridge. Quartz countertops and backsplash, maple hardwood and spanish tile flooring and warm pine tongue-and-groove ceilings complete the kitchen and living space. A walk-in pantry and dining area with lake views add function and charm.The primary suite offers a peaceful lakeview space with a custom 5 piece ensuite with soaker tub, walk-in shower, and spacious walk in closet. Also on the main floor, a 2nd bedroom, versatile 3rd bedroom or office/den, full 4 piece bath and convenient laundry with sink and cabinetry.The walkout ICF lower level features 9+ ft ceilings and large windows, and is partially finished with a spacious family/rec room (fireplace rough-in), 4th bdrm, roughed-in bthrm and ample storage. Walk outs to covered and open decking with hot tub for year-round enjoyment. Additional features include a 24'x26' detached garage, drilled well, HRV system, on demand hot water, high-efficiency Heat Pump/Propane furnace heat and central air system, 22 kW Generac backup generator and deck/dock system at the shore.
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Lake/Pond, Part Cleared, Terraced, Waterfront, Wooded/Treed
Carpet Free, ERV/HRV, Floor Drain, Generator - Full, On Demand Water Heater, Primary Bedroom - Main Floor, Propane Tank, Upgraded Insulation, Water Heater Owned
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Data-driven valuation for 1011 Old Cottage Road, Bracebridge, ON P1L 1X3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Bracebridge.
About Purchasing a Home in Bracebridge, ON
For a property listed at $1,595,000 in Bracebridge, the legal minimum down payment is $319,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $28,375 for this transaction. As this listing is in Bracebridge (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $28,375.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.