661 Cedar Lane, Unit 2, Bracebridge, ON

$345,000
MLS#:X12236439
2 beds
1 baths
700-799 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Macaulay. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $345,000 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
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Carpet Free, Separate Heating Controls, Separate Hydro Meter
  • equipped with wall unit(s) central cooling and highly efficient baseboard heating via electric

Description

Welcome to 202C-661 Cedar Lane - a recently renovated 2-bedroom, 1-bath condo, perfect for first-time buyers, retirees, or investors. This bright and inviting unit offers open-concept living and dining, southwest views of lush greenery, an updated kitchen, laminate floors that flow seamlessly through both bedrooms, each with generous closet space, and an updated 3-piece bathroom. Additional upgrades include new windows (2020) and a new air conditioning unit (2024). Truly turnkey and maintenance-free, with the condo fees covering snow removal, lawn care, water and sewer. Resident amenities include community BBQs, a gazebo, gardens with picnic tables, coin laundry, gym, exclusive storage locker, convenient indoor mailbox in the foyer, assigned parking space right outside the door, and ample visitor parking. Conveniently located close to town, public transportation, and in the coveted Macaulay School district - just three minutes from Hwy 11 and equally close to downtown Bracebridge. Don't miss this fantastic opportunity for easy, carefree condo living at its best!

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Property Summary

This condo apartment located at 661 Cedar Lane, Bracebridge is currently for sale and has been available on SousaSells for 391 days. This property is listed at $345,000 with an estimated mortgage of $1,148* per month. It has 2 beds, 1 bathroom, and is 700-799 square feet. 661 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

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJune 30, 2025
Sold price information is available to members only
Listed Date6/20/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementFull, Partially Finished
CountyMuskoka
Annual Tax$1,807.01

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingWall Unit(s)

Features

Property Features

Beach, Hospital, Library, Public Transit, School Bus Route, Park

Interior Features

Carpet Free, Separate Heating Controls, Separate Hydro Meter, Storage Area Lockers, Water Heater Owned

Security Features

Smoke Detector, Carbon Monoxide Detectors

Community Features

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Location

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661 Cedar Lane, 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 661 Cedar Lane 202C, Bracebridge, ON P1L 1N9

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$103,500 (30.0%)
* Minimum Canadian down payment required for this price is $17,250.
Amortization Period30 Years
Estimated Monthly Payment$1,148Based on a loan of $241,500 over 30 years.
Purchase Price$345,000
Loan Amount$241,500
Provincial Land Transfer Tax:$3,650
Total Estimated Closing Taxes:$3,650

About Purchasing a Home in Bracebridge, ON

For a property listed at $345,000 in Bracebridge, the legal minimum down payment is $17,250 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 $3,650 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 $3,650.

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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.