Welcome to this remarkable vacant land located in the coveted neighborhood of Monck (Bracebridge). Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $549,000 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.
This exceptional 1.93-acre development parcel in the heart of Bracebridge presents a rare opportunity to acquire a substantially advanced multi-residential project in one of Muskoka's fastest-growing communities. Ideally positioned with dual frontage on Balls Drive and Highway 118 West, the property offers outstanding visibility, convenient access, and excellent exposure for future residents.Significant progress has been made to further advance the development. The lands have now been successfully rezoned to R4-41H, unlocking valuable multi-residential development potential while substantially increasing the property's value. The servicing process has also been advanced through the completion of the municipal water and sewer connection application, including engineering drawings, municipal consultations, permit approvals, and required revisions-saving the next owner valuable time, expense, and administrative work. Adding even more value, the sale includes comprehensive construction drawings, stormwater management briefs, environmental studies, traffic assessments, and supporting documentation prepared for Phase One of an 8-unit residential development. With much of the planning, approvals, and due diligence already completed, this shovel-ready opportunity allows a developer to move forward with confidence.Located just minutes from shopping, restaurants, schools, healthcare, and all of Bracebridge's everyday amenities, this is an outstanding investment opportunity in one of Muskoka's fastest-growing communities. Whether you're an experienced developer or looking to expand your portfolio, this property offers an exceptional head start with significant time and cost savings already built in.
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Golf, Hospital, Wooded/Treed
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 551 Muskoka 118 Road W, Bracebridge, ON P1L 1Y1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Bracebridge.
About Purchasing a Home in Bracebridge, ON
For a property listed at $549,000 in Bracebridge, the legal minimum down payment is $29,900 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 $7,455 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 $7,455.
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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.