$975,000
↓ $75,000 from $1,050,000
Est. payment $4,317/moCalculate yours
1065 Rainbow Lane, Bracebridge, ON P1L 1X3
Draper, Bracebridge, ON P1L 1X3
- 3 Beds
- 2 Baths
- 1 Garage
- 700 Sq Ft
Listing courtesy of Cayman Marshall International Realty Inc. MLS® X13145088
About this home
Renovated Four Season Cottage with Bunkie 15 Minutes from Bracebridge. Located 15 minutes off Hwy 11, this three-bedroom two bath cottage on the desirable McKay Lake is perfect for a young family or retirees. Renovations include updated open concept plan, new paint, engineered hardwood, interior doors, pot lights and Decora switches throughout. Kitchen features new windows, cabinets, hardware and counters and both bathrooms have new glass showers, vanities, toilets and tile floors. Kitchen and bathroom plumbing upgraded. This cottage offers a gorgeous view of the lake from a generous deck. There are two bedrooms on the main floor and a potential third bedroom in the upper area currently used as an office. The primary bedroom offers a walk-in closet. The large Bunkie is heated, insulated, offers a sitting room and its own deck. There is a detached 12′ x 20′ garage for parking or the toys, plus a 11′ x 18′ Carport, 8′ x 12′ Workshop and Storage Rooms. The forced air propane furnace was new in Dec 2022. The shoreline is owned and dock boards are new. Bonuses: Generac generator, 2 propane fireplaces, covered parking, water filtration system, appliances included, blinds and curtains, fire pit and new $10,000 Electric Sauna overlooking the water. Furniture is negotiable. Call to view.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- Price Change
- Size
- 700 sqft
Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Baseboard (Propane)
- Cooling
- Window Unit(s)
- Exterior
- Wood
- Foundation
- Piers
- Roof
- Asphalt Shingle
- Water
- Other
- Sewer
- Septic
Lot & Parking
- Lot Size
- 74.22 x 192.5 Feet
- Parking
- Detached garage · 5 total
- Zoning
- SR1
Financial
- Property Taxes
- $1,505 (2025)
Location
- Neighbourhood
- Draper
- Cross Street
- Frserburg and Rainbow Lane
- Direction Faces
- North
Listing
- MLS® Number
- X13145088
- Days on Market
- 156
- Listed On
- 2026-05-15
- Possession
- Negotiable
- Listed By
- Cayman Marshall International Realty Inc.
Rooms
Features
Interior
- Accessory Apartment
- Propane Tank
- Sauna
- Storage
Property
- Clear View
- Waterfront
Pool
- None
- Included
- Fridge, stone, dishwasher, microwave, washer, dryer, window coverings, outdoor sauna
- Excluded
- Furniture is negotiable
- Rental items
- One Propane
Mortgage calculator
Estimated mortgage payment
$4,317 per month
- Principal and interest
- $4,317
- Property tax
- $125
- Condo fees
- $0
- Estimated monthly cost
- $4,443
Your mortgage
- Mortgage amount
- $780,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $515,127
Cash to close
- Down payment
- $195,000
- Land transfer tax
- $15,975
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $210,975
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
This photo could not be loaded.