



$5,200,000
Bracebridge
76 Covered Bridge Trail, Bracebridge (Monck (Bracebridge)), Ontario, P1L1Y2
This lot in Bracebridge is for sale. It has been on the market 43 days, fresher than the Bracebridge average of 77 days.
49-UNIT ADVANCED MUSKOKA DEVELOPMENT OPPORTUNITY - ACQUISITION, JV OR CAPITAL PARTNER. Exceptional opportunity for builders, developers and investors to acquire or participate in a substantially advanced residential development in the heart of Bracebridge. Draft Plan Approved for 49 luxury freehold townhomes on approximately 6 acres comprising two parcels, offering flexibility for phased development and investment strategies. Extensive planning, environmental studies, engineering and architectural design work has already been completed, including coordination with municipal and conservation authorities. The original development team, having advanced the project over nearly two decades, remains available to provide valuable continuity, extensive first-hand knowledge of the development history, and assistance through due diligence and transition. Proposed development features 3-storey luxury townhomes with rooftop terraces ranging approximately 2,300-3,200 sq. ft. Premium elevated in-town setting surrounded by a scenic ravine and backing onto conservation lands. Semi-private golf course a short walk away, with convenient access to Lake Muskoka, marinas, restaurants, shopping, hospital and Highway 11. Multiple transaction structures may be considered, including outright acquisition, joint venture and investor/capital partnership. (id:66096)
Extended: 43 days on market, against an average age of 77 days across the listings currently for sale in this city
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.
This vacant land in Bracebridge (Monck (Bracebridge)) has been listed for 43 days, which is 34 days fresher than the city average of 77. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $5,200,000, about 60.5× the local median household income of $86,000.
Carrying it typically needs a household income of about $1,015,742 (20% down, 25-yr amortization, stress-tested) — roughly 1081% above the area median.
Source: Statistics Canada, 2021 Census (FSA P1L)
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