653 CEDAR Lane, Unit Call LBO, Bracebridge, ON
Property Highlights
Welcome to this remarkable 3-Storey condo townhouse located in the coveted neighborhood of Macaulay. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $289,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-799 sqft
- 1.0 total parking spaces available with a convenient outside/surface configuration
- Notable attributes: Water Heater Owned
- equipped with wall unit(s) central cooling and highly efficient baseboard heating via electric
Description
Welcome to 653 Cedar Lane! This 2 bedroom, 1 bathroom condo unit in the "Joseph Building" epitomizes the carefree low-maintenance Muskoka lifestyle! The building and grounds are well-maintained, with landscaping and snow removal taken care of for you! Residents have use of many on-site amenities, such as: common BBQ's, gazebo, gardens and picnic tables, coined-laundry, exercise/games room, exclusive storage locker, convenient indoor mailbox in the foyer, assigned parking space, and plenty of visitor parking!! An excellent option as a "starter home", as a "downsize" for retirees, or as an investment opportunity. Featuring a cozy eat-in kitchen, large living room with bright windows offering an elevated view, and plenty of closet space in the bedrooms. Situated a short 3 minute drive from Hwy.11, and equal distance to downtown Bracebridge - "Muskoka's Downtown", this truly is a superior location. Discover the comfort and convenience of condo living, with everything Muskoka has to offer at your doorstep! (Sewer and water charges included in condo fees. Condo fees: $475/month) Some images have been virtually staged.
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Property Summary
This townhouse located at 653 CEDAR Lane, Bracebridge is currently for sale and has been available on SousaSells for 685 days. This property is listed at $289,000 with an estimated mortgage of $962* per month. It has 2 beds, 1 bathroom, and is 700-799 square feet. 653 CEDAR Lane, Bracebridge is in the Macaulay 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 653 CEDAR Lane 302B, Bracebridge, ON P1L 1P2
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 $289,000 in Bracebridge, the legal minimum down payment is $14,450 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 $2,810 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 $2,810.
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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.