113 Southbank Drive, Unit 2, Bracebridge, ON

$499,000
MLS#:X11921892
3 beds
3 baths
1600-1799 sqft
2.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Macaulay. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $499,000 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 3 Bathrooms
  • Generous living space spanning 1600-1799 sqft
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Storage
  • Efficient forced air heating via gas

Description

This beautiful 3-bedroom townhouse is the perfect mix of modern living and natural charm. The bedrooms are bright and spacious, offering plenty of room for everyone. The updated kitchen comes with brand-new appliances, sleek countertops, and lots of storage, perfect for everyday meals or hosting friends. You'll love the convenience of having two parking spaces and a walkout basement that includes a great rec room and a handy half bath. For outdoor living, there's a Juliette balcony off the main floor where you can enjoy your morning coffee, and a walkout stone patio from the basement that's surrounded by trees, giving you privacy and a peaceful spot to relax. Located close to the river, this home is just steps away from scenic walking trails and a touch of nature whenever you need it. If you're looking for a place that's both practical and inviting, this townhouse is a must-see. Reach out today to book your tour - you don't want to miss it!

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Property Summary

This townhouse located at 113 Southbank Drive, Bracebridge is currently for sale and has been available on SousaSells for 548 days. This property is listed at $499,000 with an estimated mortgage of $1,661* per month. It has 3 beds, 3 bathrooms, and is 1600-1799 square feet. 113 Southbank Drive, Bracebridge is in the Macaulay neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
1600-1799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateApril 4, 2025
Sold price information is available to members only
Listed Date1/14/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style2-Storey
ConstructionWood
BasementFinished with Walk-Out
CountyMuskoka
Annual Tax$2,694.13

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Interior Features

Storage

Security Features

Community Features

Location

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113 Southbank Drive, Unit 2, 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 113 Southbank Drive 2, Bracebridge, ON P1L 1G3

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$149,700 (30.0%)
* Minimum Canadian down payment required for this price is $24,950.
Amortization Period30 Years
Estimated Monthly Payment$1,661Based on a loan of $349,300 over 30 years.
Purchase Price$499,000
Loan Amount$349,300
Provincial Land Transfer Tax:$6,455
Total Estimated Closing Taxes:$6,455

About Purchasing a Home in Bracebridge, ON

For a property listed at $499,000 in Bracebridge, the legal minimum down payment is $24,950 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 $6,455 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 $6,455.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Macaulay, Bracebridge.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$699,224

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

Macaulay
Public1270 Cedar Lane, Bracebridge, Ontario, P1L 1W9
8.0
Bracebridge
Public100 Clearbrook Trail, Bracebridge, Ontario, P1L 0A3
5.6
Monck
Public250 Wellington Street North, Bracebridge, Ontario, P1L 1C1
6.6

Secondary Schools

Bracebridge and Muskoka Lakes
Public100 Clearbrook Trail, Bracebridge, Ontario, P1L 0A3
6.7
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.