972 Browning Island, Bracebridge, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Muskoka (N). Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $995,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 300 x 295 ft lot size
Description
Rarely does an opportunity like this become available on Lake Muskoka. Welcome to 972 Browning Island, a spectacular vacant waterfront parcel offering approximately 300 feet of frontage (265 feet straight-line measurement) and 1.5 acres on the coveted south shore of Browning Island, the largest island on Lake Muskoka.Owned by the same family for more than 25 years, this exceptional property offers a rare opportunity to build your dream cottage or year-round waterfront retreat. The gentle topography provides ease of construction, while the shoreline features classic Muskoka granite rock shelves, shallow entry for swimming, and deeper water for boating and docking.Surrounded by towering pines and iconic Group of Seven-style scenery, the property enjoys excellent privacy and breathtaking views stretching south toward Gravenhurst. Offering one of the longest south-facing lake views on Lake Muskoka, the property is bathed in sunshine throughout the day and showcases sparkling water vistas that seem to stretch endlessly to the horizon.Accessible from nearby marinas in just minutes, this property offers an ideal balance of privacy and convenience. Watch the historic RMS Segwun and Wenonah II steamships cruise past and enjoy the timeless beauty that has made Muskoka famous. .Whether you envision a classic Muskoka cottage or a custom waterfront estate, this outstanding property presents a rare opportunity to secure a significant piece of Lake Muskoka shoreline and create a legacy for generations to come.
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Pricing & Value Insights
Data-driven valuation for 972 Browning Island, Bracebridge, ON P1L 1X2
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About Purchasing a Home in Bracebridge, ON
For a property listed at $995,000 in Bracebridge, the legal minimum down payment is $74,500 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 $16,375 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 $16,375.
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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.