87 Southbank Drive, Bracebridge, ON

$475,000
MLS#:X12756756
2 beds
2 baths
900-999 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 $475,000 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 2 Bathrooms
  • Generous living space spanning 900-999 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: Water Heater
  • equipped with wall unit(s) central cooling and highly efficient heat pump heating via electric

Description

Beautiful 2 Bedroom 3 Storey Condo Townhouse on a Quiet Cul-De-Sac yet minutes to all Amenities. Professionally Renovated over the last 2 years a Turn Key Offering. Some of the Upgrades include all New Windows on Upper Levels, Ductless Heating and Cooling, all Window Treatments and all New Light Fixtures and Door Hardware throughout. Walking off the Charming Front Porch into a Spacious Foyer. On the Main Level the Kitchen has been Renovated with New Corian Countertops, New Sink and Fixtures and all New Appliances. Also on the Main Level is a Charming Living Room with Hardwood Flooring and a Walk out to a Private Deck. The Deck Overlooks a Treed Ravine. The Powder Room was Completely Gutted with a New Toilet, Vanity, Mirror, and Medicine Cabinet. The Stairs Leading to the Upper Level have been Professionally Painted. Upstairs you will find a Lovely Guest Room and a Spacious Primary. The Main Bath upstairs was also Gutted and Features a New Tub, Tile, Toilet, Vanity, Mirror, Medicine Cabinet and a New Barn Door. The Lower Level has a Walkout and Features a Comforting Gas Stove. The Laundry Room was Remodelled and Features a New Washer and Dryer. An Additional Electrical Sub Panel was Installed. The Unit is being Sold Partially Furnished. This Unit offers Exceptional Value in the Delightful Community of Bracebridge, Muskoka.

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMarch 9, 2026
Sold price information is available to members only
Listed Date2/4/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style2-Storey
ConstructionWood
BasementFinished with Walk-Out
CountyMuskoka
Annual Tax$1,290.95

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeHeat Pump
CoolingWall Unit(s)

Features

Property Features

Hospital, Library, Marina, Public Transit, Rec./Commun.Centre

Interior Features

Water Heater

Security Features

Community Features

Location

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87 Southbank Drive, 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 87 Southbank Drive, Bracebridge, ON P1L 1G2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Bracebridge.

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Interest Rate5.25%
Down Payment$23,750 (5.0%)
* Minimum Canadian down payment required for this price is $23,750.
Amortization Period25 Years
Estimated Monthly Payment$2,689Based on a loan of $451,250 over 25 years.
Purchase Price$475,000
Loan Amount$451,250
Provincial Land Transfer Tax:$5,975
Total Estimated Closing Taxes:$5,975

About Purchasing a Home in Bracebridge, ON

For a property listed at $475,000 in Bracebridge, the legal minimum down payment is $23,750 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 $5,975 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 $5,975.

Nearby Listings

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No current listings found in Bracebridge.

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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$683,151

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.