74 RICHARD Street, Bracebridge, ON

$699,000
MLS#:X10897273
3 beds
3 baths
1500-2000 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Multi-Level detached located in the coveted neighborhood of Macaulay. Expertly crafted featuring premium metal/steel siding construction, this residence presents an exceptional opportunity offered at $699,000 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 1500-2000 sqft on a spacious lot (Acres)
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Water Heater Owned
  • Efficient other heating via gas

Description

Welcome to your dream home in the heart of Bracebridge, Ontario! This stunning 3-bedroom, 3-bathroom residence offers a perfect blend of modern amenities and charming character. Nestled in a highly sought-after neighborhood, this property boasts a host of features designed to provide comfort, convenience, and style. Additionally, the property includes a fully updated in-law suite with investment potential offering an open concept kitchen/living area and loft bedroom with walk-in closet and bathroom, casting natural light at every corner. As you step inside, you’ll be greeted by an open-concept living space highlighted by a cozy natural gas fireplace, creating a warm and inviting atmosphere. The newly renovated kitchen is a chef's delight, featuring elegant quartz countertops, ample cabinet space, and top-of-the-line appliances. The bamboo floors throughout the home add a touch of sophistication and are both beautiful and durable. Natural light floods the home through brand-new windows, creating a bright and airy feel. The full basement offers a versatile bonus room that can be used as an entertainment space, crafting area or kids playroom etc., the choice is yours. Step outside into your private oasis where you’ll find unbelievable gardens that are both stunning and easy to maintain. The fully fenced-in yard ensures privacy and safety for pets and children. Enjoy evenings around the firepit area, ideal for roasting marshmallows and making memories, while listening to the iconic Bracebridge falls just steps away. Don’t miss out on this exceptional property that combines comfort, style, and a prime location just minutes to downtown. Schedule your showing today and experience all that this Bracebridge beauty has to offer!

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Property Summary

This detached home located at 74 RICHARD Street, Bracebridge is currently for sale and has been available on SousaSells for 772 days. This property is listed at $699,000 with an estimated mortgage of $2,327* per month. It has 3 beds, 3 bathrooms, and is 1500-2000 square feet. 74 RICHARD Street, 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
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date6/1/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleMulti-Level
ConstructionMetal/Steel Siding
BasementFinished, Full
CountyMuskoka
Annual Tax$3,008.88
Legal DescriptionLT 19 S/S RICHARD ST PL 15 BRACEBRIDGE; PT LT 18 S/S RICHARD ST PL 15 BRACEBRIDGE PT 1 35R8770; BRACEBRIDGE ; THE DISTRICT MUNICIPALITY OF MUSKOKA

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeOther
CoolingNone

Features

Property Features

Golf, Hospital

Interior Features

Water Heater Owned

Security Features

Community Features

Location

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74 RICHARD Street, 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 74 RICHARD Street, Bracebridge, ON P1L 1J2

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$209,700 (30.0%)
* Minimum Canadian down payment required for this price is $44,900.
Amortization Period30 Years
Estimated Monthly Payment$2,327Based on a loan of $489,300 over 30 years.
Purchase Price$699,000
Loan Amount$489,300
Provincial Land Transfer Tax:$10,455
Total Estimated Closing Taxes:$10,455

About Purchasing a Home in Bracebridge, ON

For a property listed at $699,000 in Bracebridge, the legal minimum down payment is $44,900 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 $10,455 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 $10,455.

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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$699,547

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.