1178 FRASERBURG Road, Bracebridge, ON
Property no longer active
This property was sold on December 2, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Draper. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $598,000 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 on a spacious lot (Acres)
- Features a partially finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 15.0 total parking spaces available with a convenient outside/surface configuration
- equipped with central air central cooling and highly efficient forced air heating via propane
Description
Location, location, location! This 10+ acre rural property with Sharpes Creek and 1996 raised bungalow is only 2 minutes to town on a well maintained year-round road. With 1056sqft, 3 bedrooms, 1 bathroom and a full partially finished basement this home has many great applications including potential in-law suite. The Den in the basement provides additional sleeping quarters for overflow guests and there is excellent development potential throughout. Newer rental furnace and A/C provide hassle free heating and cooling with 24/7 on call service and annual maintenance for only $156/month. There is a long driveway with the home set back from the road atop a flat plateau, great for privacy, quiet and parking with over 15+ car parking and a circular drive so you do not have to back out onto the road. Lots of room for all your toys, RV's, boats, storage buildings and plenty of space for a future garage build. Landscaped and partially cleared with natural greenspace along the creek which wraps around the neighboring home. Live, work and play from home at this excellent rural residence close to town!
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Property Summary
This detached home located at 1178 FRASERBURG Road, Bracebridge is currently for sale and has been available on SousaSells for 731 days. This property is listed at $598,000 with an estimated mortgage of $1,991* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 1178 FRASERBURG Road, Bracebridge is in the Draper neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1178 FRASERBURG Road, Bracebridge, ON P1L 0G9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Bracebridge, ON
For a property listed at $598,000 in Bracebridge, the legal minimum down payment is $34,800 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 $8,435 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 $8,435.
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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.