$1,050,000

For sale

159 Keith Road, Bracebridge (Muskoka (N)) - Single Family for Sale

159 Keith Road, Bracebridge (Muskoka (N)), Ontario, P1L0A1

9 beds7 baths20 parking900 ft²Listed 71 days ago

Overview

This 9-bedroom, 7-bathroom home in Bracebridge is for sale offering roughly 900 sq ft of space. Listed at $1,050,000, it is attractively priced about 11% below the $1,175,000 median asking price in Bracebridge. It has been on the market 71 days, fresher than the Bracebridge average of 159 days.

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Description

Welcome to 159 Keith road, Bracebridge, Muskoka! This 7 Riverside cottage in Muskoka with approximately 12 Acre Land includes about 5 acres of commercial land. This private land offers all opportunity for personal or commercial use. This property features 5 cottages, fully furnished, ready with multiple bedrooms, 6.5 bath, 5 living room and 3 kitchens. Other 2 cottage is in need of renovations. 550 Ft Direct Shoreline with Muskoka River. This property is just a 2Hr drive away from Toronto and 5 minute drive to Downtown Bracebridge. This is a remarkable property offering a collection of charming cottages set on a sprawling expanse of picturesque land. Each cottage exudes its own character and rustic charm, perfect for creating a serene retreat or a vibrant community. (id:66096)

Property Details

MLS®: X13708754
Property Type: Single Family
Bedrooms: 9
Beds (above / below): 9 above · 0 below
Bathrooms: 7
Half Baths: 1
Parking: 20
Interior Size: 900 ft²
Frontage: 550 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Baseboard heaters, Electric
Cooling: None
Garage: No Garage
Waterfront: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Dining room: 8.1 x 2.9 meters
Family room: 5 x 3.4 meters
Living room: 3.3 x 6.5 meters
Primary Bedroom: 3.5 x 3.5 meters
Bedroom: 3.4 x 2.3 meters
Bedroom: 2.1 x 3.1 meters

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

Features

Foundation: Unknown
Exterior: Brick, Aluminum siding
Lot Features: Wooded area

Services

Water: Lake/River Water Intake
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

71d

Bracebridge (Muskoka (N)) listings, avg age

159d

Price / ft²

$1,167

List price

$1.05M

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 9-bed single family in Bracebridge (Muskoka (N)) has been listed for 71 days, which is 88 days fresher than the city average of 159. Act while there is still low competition.

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Listed by PINNACLE ONE REAL ESTATE INC. · LENA AKBARI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P1L)

This home lists at $1,050,000, about 12.2× the local median household income of $86,000.

Carrying it typically needs a household income of about $205,102 (20% down, 25-yr amortization, stress-tested) — roughly 138% 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)

$1,050,000· $1,167/ft²

For sale

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Full Cost Breakdown

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Down Payment7.62% · $80,000

Min 7.62%50%

Mortgage payment$5,378/mo

↳ CMHC premium ($38,800 capitalized)

Property tax (est.)$240/mo

Total monthly$5,618

Cash Needed to Close

Down payment (7.62%)$80,000

Land transfer tax$17,475

Est. closing costs$5,650

Total cash needed$103,125

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