$899,999
Est. payment $3,985/moCalculate yours
1025 & 1027 Big Island Road, Bracebridge, ON P1L 1X1
Draper, Bracebridge, ON P1L 1X1
- 7 Beds
- 3 Baths
- 2 Garage
- 2,000 Sq Ft
Listing courtesy of Peryle Keye Real Estate Brokerage MLS® X13648544
About this home
Two Cottages. One Carefree Summer Story. Tucked along the shores of Prospect Lake with coveted southwest exposure, this rare lakeside package delivers something almost unheard of two fully equipped cottages on one beautiful lot. Its the kind of setup families dream about. One for you. One for them. Both with kitchens, bathrooms & bedrooms so everyone can come together without being on top of each other. At the heart of the property sits the main cottage: warm, welcoming & surrounded by tall pines. With 5 bedrooms & 2 baths, theres space to sleep a crowd & gather for games, meals, & early-morning coffee. A short stroll away, the 2nd cottage offers 3 bedrooms, a 3PC bath, its own kitchen, and a peaceful retreat just far enough for privacy but close enough to stay connected. Across the quiet lane, the shoreline invites you in. A 40′ dock reaches out into the lake, with approx. 12′ of depth off the end ideal for swimming, docking, or diving into summer. The sun-drenched, gently sandy shoreline is perfect for all ages. This is cottage life, uncomplicated where sand ends up in bedsheets, dinners are BBQd, & no ones fussing over perfect. Evenings settle into bonfires, marshmallows, & picture-perfect starry nights. Multiple upgrades add peace of mind, including a new septic system installed in 2021. A detached garage currently houses laundry & adds storage for the toys that make lake life even better. With two self-contained cottages, this property also presents a strong investment opportunity ideal for short-term vacation rentals, long-term tenants, or simply a shared family investment with excellent potential for rental income. Whether shared between siblings, passed down through generations, or held close as your own retreat, this is the kind of property that becomes part of your family story. Sun-soaked dock days. Campfire nights. Room for everyone. This is the cottage you’ve been waiting for.
Property details
Overview
- Property Type
- Detached
- Style
- 1 1/2 Storey
- For
- For Sale
- Status
- New
- Size
- 2,000 sqft
Interior
- Bedrooms
- 7
- Bathrooms
- 3
- Kitchens
- 2
- Basement
- None
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- None
- Exterior
- Brick, Vinyl Siding
- Foundation
- Piers, Concrete Block
- Roof
- Shingles
- Water
- Other
- Sewer
- Septic
Lot & Parking
- Lot Size
- 100.14 x 239.11 Feet
- Parking
- Detached garage · 6 total
- Zoning
- SR1
Financial
- Property Taxes
- $4,155 (2025)
Location
- Neighbourhood
- Draper
- Cross Street
- Prospect Lake Rd - Big Island Rd
- Direction Faces
- South
Listing
- MLS® Number
- X13648544
- Days on Market
- 72
- Listed On
- 2026-08-07
- Possession
- Flexible
- Listed By
- Peryle Keye Real Estate Brokerage
Rooms
Features
Interior
- Guest Accommodations
- Primary Bedroom - Main Floor
- Water Heater Owned
Property
- Lake Access
- Waterfront
- Clear View
Pool
- None
- Included
- 2 Stoves, 3 Fridges, 2 Microwaves, All Toasters & Kettles, Coffee Makers, TVs, All Furniture, Blinds, Bedding for All 12 Beds, All Beds, Washer, Dyer, Water Toys, 2 Paddle Boats, 1 Kayak, 1 Canoe, Paddles & Oars, Life Jackets, Umbrellas
- Rental items
- None
Mortgage calculator
Estimated mortgage payment
$3,985 per month
- Principal and interest
- $3,985
- Property tax
- $346
- Condo fees
- $0
- Estimated monthly cost
- $4,331
Your mortgage
- Mortgage amount
- $719,999
- Mortgage insurance
- Not needed
- Interest over 25 years
- $475,501
Cash to close
- Down payment
- $180,000
- Land transfer tax
- $14,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $194,475
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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