$629,000

$649,000For salePrice drop↓ $20,000 (3%)

1035 Sherwood Forest Road, Bracebridge - Single Family for Sale

1035 Sherwood Forest Road, Bracebridge, Ontario, P1L1X3

3 beds1 bath8 parking900 ft²221 × 265 ft (1.34 acres) lot sizeListed 40 days ago

Overview

This 3-bedroom, 1-bathroom home in Bracebridge is for sale offering roughly 900 sq ft of space. Listed at $629,000, it is attractively priced about 25% below the $839,900 median asking price in Bracebridge. It has been on the market 40 days, fresher than the Bracebridge average of 92 days.

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Description

Welcome to 1035 Sherwood Forest, an amazing opportunity on the South Branch of the Muskoka River. Whether you are looking for a year round home or a peaceful cottage retreat, this property delivers with 221 feet of river frontage on 1.45 acres, an exceptionally large lot for waterfront. Enjoy beautiful privacy on either side and a tranquil view of forest across the river. This well maintained home offers 3 bedrooms and 1 bathroom with just over 1,000 square feet on the main floor, plus an 800 square foot finished basement for plenty of extra living space. The highlight is the bright sunroom overlooking the water, the perfect spot for your morning coffee or to watch the seasons change. Outdoor enthusiasts will feel right at home here. Spend summer days paddling and fishing on the river with your own boat launch right at the shoreline, or head out on the ATV & side by side to explore Muskoka forested trails. When winter hits the snowmobile trails are close by as well. The open lot offers room for all kinds of activities, and the outbuilding provides great storage for your gear and recreational toys. There is plenty of parking for vehicles, trailers and guests. All of this is not far from Bracebridge with easy access to Highway 11, giving you the best of country living with town amenities close by. This home/Cottage is ready for its next owner. Come see what life on the river has to offer! (id:66096)

Property Details

MLS®: X13827560
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 1
Parking: 8
Interior Size: 900 ft²
Lot Size: 221 × 265 ft (1.34 acres)
Frontage: 221 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, Full
Heating: Baseboard heaters, Electric
Cooling: None
Garage: No Garage
Fireplace: Yes
Waterfront: Yes
Ownership

Rooms

Main level

Sunroom: 7.32 x 2.59 meters
Living room: 7.39 x 3.84 meters
Bedroom: 4.52 x 3.33 meters
Bedroom 2: 2.77 x 3.38 meters
Bathroom: 2.74 x 1.91 meters

Lower level

Bedroom 3: 6.58 x 3.68 meters
Recreational, Games room: 3.45 x 3.4 meters
Utility room: 3.23 x 3.35 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Water Heater
Foundation: Block
Exterior: Vinyl siding
Lot Features: Level lot, Wooded area, Irregular lot size, Level, Carpet Free

Services

Water: Lake/River Water Intake
Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

40d

Bracebridge listings, avg age

92d

Price / ft²

$699

List price

$629K

Homes here sell below asking price

Homes in this market sold for an average of 94.5 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Bracebridge has been listed for 40 days, which is 52 days fresher than the city average of 92. Act while there is still low competition.

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Listed by RE/MAX Professionals North · ANDREW KEITH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P1L)

This home lists at $629,000, about 7.3× the local median household income of $86,000.

Carrying it typically needs a household income of about $122,866 (20% down, 25-yr amortization, stress-tested) — roughly 43% above the area median.

Median household income: $86,000
Population: 17,984
Median age: 51.2
Owner / renter: 80% / 20%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA P1L)

$629,000· $699/ft²

For sale

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Full Cost Breakdown

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Down Payment6.03% · $37,900

Min 6.03%50%

Mortgage payment$3,277/mo

↳ CMHC premium ($23,644 capitalized)

Property tax (est.)$206/mo

Total monthly$3,484

Cash Needed to Close

Down payment (6.03%)$37,900

Land transfer tax$9,055

Est. closing costs$4,387

Total cash needed$51,342

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