1024 TRILLIUM Drive, Bracebridge, ON

$1,795,000
MLS#:X10894542
3 beds
1 baths
700-1100 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on August 28, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Muskoka (N). Expertly crafted featuring premium board & batten construction, this residence presents an exceptional opportunity offered at $1,795,000 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.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft
  • Features a unfinished, crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Heater Owned
  • Efficient baseboard heating via wood

Description

This property offers the most breathtaking views you will find anywhere. It has great privacy and all day sun. First time offered in almost 50 years. Pride of ownership is clearly evident. The house has grandfathered setbacks located close to water's edge. Sittting on the large entertainment deck, you feel like you're on the water. The cottage is open concept with cathedral ceiling finished in painted MDF board. There is a large stone fireplace in the living room with airtight insert. Floor to ceiling windows with with 2 walkouts from both the living and dining areas giving way to magnificent lake views. The kitchen is open and also provides the same great views. The primary bedroom has full ensuite with walkout to side deck, There are 2 additional bedrooms, one with double bed and the other with 2 singles (previously had bunk beds). The waterfront features open entertaining area, a swim dock (2 yrs old) and separate double boat slips (40 ft long) with boatport and lift. There is also a firepit at water's edge to enjoy. A large winterized 900 sq ft garage rounds out this fantastic package. It has propane furnace, R60 insulation in ceiling and R40 in walls. Outlets wired for 110 & 220. The property is year round accessible. Excellent property for future redevelopment as well.

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Property Summary

This detached home located at 1024 TRILLIUM Drive, Bracebridge is currently for sale and has been available on SousaSells for 736 days. This property is listed at $1,795,000 with an estimated mortgage of $5,975* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 1024 TRILLIUM Drive, Bracebridge is in the Muskoka (N) neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date7/12/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBoard & Batten
BasementUnfinished, Crawl Space
CountyMuskoka
Annual Tax$7,552.07
Legal Description3 PINS were located - 481720368, 481720505, 481720368 Bracebridge Con 13 PT Blk A Plan 513 RDP Lots 36 to 38 Pr Rd Allowance RP 35R 2205 Pt 1 RP 35R 18833 Pts 4-11 RP 35R 1952 See the remaining balance of the Legal Description in the Documents Section.

Parking & Garage

Parking Total6.0
Parking Space6
Garage TypeDetached

Heating & Cooling

Heat SourceWood
Heat TypeBaseboard
CoolingNone

Features

Property Features

Golf, Hospital

Interior Features

Water Heater Owned

Security Features

Community Features

Location

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1024 TRILLIUM Drive, Bracebridge, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1024 TRILLIUM Drive, Bracebridge, ON P1L 1X2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Bracebridge.

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Interest Rate4.00%
Down Payment$538,500 (30.0%)
* Minimum Canadian down payment required for this price is $359,000.
Amortization Period30 Years
Estimated Monthly Payment$5,975Based on a loan of $1,256,500 over 30 years.
Purchase Price$1,795,000
Loan Amount$1,256,500
Provincial Land Transfer Tax:$32,375
Total Estimated Closing Taxes:$32,375

About Purchasing a Home in Bracebridge, ON

For a property listed at $1,795,000 in Bracebridge, the legal minimum down payment is $359,000 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 $32,375 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 $32,375.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Muskoka (N), Bracebridge.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,866,184

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Monck
Public250 Wellington Street North, Bracebridge, Ontario, P1L 1C1
6.6
Muskoka Falls
Public42 Morrow Drive, Bracebridge, Ontario, P1L 0A1
7.5

Secondary Schools

St. Dominic
Catholic955 Cedar Lane, Bracebridge, Ontario, P1L 0A1
5.4

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.