$1,350,000
Est. payment $5,978/moCalculate yours
1215 118 Highway E, Bracebridge, ON P1L 0K3
Draper, Bracebridge, ON P1L 0K3
- 3 Beds
- 3 Baths
- 3,000 Sq Ft
Listing courtesy of RE/MAX Professionals North MLS® X13755066
About this home
EXECUTIVE WATERFRONT LIVING ON OVER 5 ACRES JUST MINUTES FROM BRACEBRIDGE! Rarely does a property of this calibre become available, offering the perfect combination of privacy, acreage, waterfront enjoyment, and convenience. Situated on the North Branch of the Muskoka River, this exceptional property boasts over 5 acres of beautifully treed land and direct boating access to Spence Lake, where you can enjoy tubing, fishing, kayaking, canoeing, and endless water recreation right from your own backyard.Designed for family living and entertaining, this spacious home offers approximately 4,000 sq. ft. of finished living space, including an impressive 1,800 sq. ft. main level, a 368 sq. ft. loft, and a full walkout lower level. The heart of the home is the stunning great room featuring soaring vaulted ceilings, floor-to-ceiling windows, and views of the river and surrounding natural landscape. The gourmet kitchen is beautifully appointed with granite countertops, ample cabinetry, and an open-concept layout that flows seamlessly into the living and dining areas. Step outside to the expansive deck or relax in the inviting 3-season Muskoka room, the perfect place to enjoy morning coffee or evening sunsets overlooking the water. The main floor also features a spacious primary suite complete with a 3-piece ensuite and walk in closet, two additional bedrooms, and a 4-piece bathroom finish off the main floor. The bright walkout lower level provides exceptional additional living space with a large games and recreation room, four additional rooms currently utilized for family and guest overflow, laundry facilities, and utility/storage space.Whether you’re searching for a year-round family residence, executive retreat, or waterfront escape, this property delivers an unmatched lifestyle. Opportunities to own a waterfront home of this size, with acreage and boating access, just minutes from all the amenities, shopping, dining, schools, and services of Bracebridge are rare.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow-Raised
- For
- For Sale
- Status
- New
- Size
- 3,000 sqft
Interior
- Bedrooms
- 3
- Bathrooms
- 3
- Kitchens
- 1
- Basement
- Full
Building & Systems
- Heating
- Heat Pump (Ground Source)
- Cooling
- None
- Exterior
- Hardboard
- Foundation
- Concrete Block
- Roof
- Fibreglass Shingle
- Water
- Well
- Sewer
- Septic
Lot & Parking
- Lot Size
- 640 x 275 Feet
- Parking
- None garage · 8 total
Financial
- Property Taxes
- $5,268 (2025)
Location
- Neighbourhood
- Draper
- Cross Street
- HWY 118E
- Direction Faces
- North
Listing
- MLS® Number
- X13755066
- Days on Market
- 40
- Listed On
- 2026-09-08
- Listed By
- RE/MAX Professionals North
Rooms
Features
Interior
- Carpet Free
- ERV/HRV
- Primary Bedroom - Main Floor
- Propane Tank
- Water Treatment
- Water Heater Owned
- Sump Pump
Property
- Clear View
- Waterfront
- Wooded/Treed
- Level
Pool
- None
- Included
- Fridge, Stove, Dishwasher, Range Hood, Pool Table, Washer, Dryer
- Rental items
- Propane Tanks
Mortgage calculator
Estimated mortgage payment
$5,978 per month
- Principal and interest
- $5,978
- Property tax
- $439
- Condo fees
- $0
- Estimated monthly cost
- $6,416
Your mortgage
- Mortgage amount
- $1,080,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $713,252
Cash to close
- Down payment
- $270,000
- Land transfer tax
- $23,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $293,475
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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