Gurvinder Nokwal REALTOR®
For Sale Detached 156 days on market

$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
Map

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

Room Level Dimensions
Primary Bedroom Main 12′ 10″ × 12′ 7″
Kitchen Main 12′ 4″ × 7′ 9″
Bedroom 2 Main 9′ 7″ × 7′ 11″
Den Main 9′ 7″ × 7′ 11″
Dining Room Main 10′ 7″ × 8′ 6″
Bedroom 3 Main 9′ 0″ × 9′ 0″
Sunroom Main 27′ 0″ × 7′ 4″
Family Room Main 17′ 0″ × 13′ 9″
Bathroom Main 9′ 0″ × 7′ 7″
Bathroom Main 9′ 0″ × 7′ 7″

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

Minimum for this price: $72,500 (7.44%)

Amortization, years

Estimated mortgage payment

$4,317 per month

Principal and interest
$4,317
Property tax
$125
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
Total, before legal fees
$210,975
Talk to me about financing

Estimates 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

1065 Rainbow Lane, Bracebridge, ON P1L 1X3 Draper, Bracebridge, ON P1L 1X3
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$975,000 1065 Rainbow Lane, Bracebridge, ON P1L 1X3
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