$1,495,000
Est. payment $6,620/moCalculate yours
1398 Milne Road, Bracebridge, ON P1L 1X1
Oakley, Bracebridge, ON P1L 1X1
- 2 + 2 Beds
- 2 Baths
- 1,100 Sq Ft
Listing courtesy of RE/MAX Professionals North MLS® X13843512
About this home
OPEN HOUSE-SAT OCT 17th @ 2-4 PM. Nothing says “Summer in Muskoka” quite like this exceptional Wood Lake retreat! Nestled in the middle of the PRIME AND HIGHLY COVETED NORTH SHORE OF WOOD LAKE, known for it’s expansive island dotted views, gentle topography, sand beaches and premium southerly exposure, this charming 4 bdrm, 2 bthrm, 2200 sq ft cottage is conveniently located on a year round road just 20 minutes from the quaint Town of Bracebridge and approx 2.5 hours from the GTA. This unique waterfront property with 107 feet of waterfront and approx. 4 acres is a rare offering and captures the essence of classic cottage living with a rustic and relaxed beach house vibe. JUST 60 ft FROM THE WATER’S EDGE, the cottage sits on a level/gentle lot with expansive lakeside yard area, 3 ground level decks and 14′ x 20′ dock sitting area that provide the perfect setting for the entire family to relax and entertain by the water with plenty of friends. Inside, the two level cottage exudes warmth and character with tongue and groove pine walls and ceilings, exposed wood beams and wide plank pine flooring. The bright and spacious main level features an open concept Great Room combining the living, dining, and kitchen areas, complete with a large centre island and cozy sitting area anchored by a wood burning fireplace. Two bedrooms, a 3 piece bathroom with tiled shower and a walkout to the full width lakeside deck complete the main floor. The lower level provides additional space for family and guests, offering a comfortable family room, 2 more bedrooms, a second 3 piece bathroom with tiled shower, laundry area and walkout to the waterfront side of the property. Additional features include a 50 foot dock, dug well, 10′ x 16′ bunkie and 8′ x 12′ storage shed. A rare opportunity to enjoy the ultimate Muskoka waterfront lifestyle.
Property details
Overview
- Property Type
- Detached
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 31-50
- Size
- 1,100 sqft
Interior
- Bedrooms
- 2 + 2
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- Finished, Finished with Walk-Out, Full
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- None
- Exterior
- Wood
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Water
- Other
- Sewer
- Septic
Lot & Parking
- Lot Size
- 107 x 744 Feet
- Parking
- None garage · 6 total
Financial
- Property Taxes
- $5,053 (2025)
Location
- Neighbourhood
- Oakley
- Cross Street
- Hwy 118# & Milne Road
- Direction Faces
- South
Listing
- MLS® Number
- X13843512
- Days on Market
- 18
- Listed On
- 2026-09-30
- Listed By
- RE/MAX Professionals North
Rooms
Features
Interior
- Water Heater Owned
Property
- Level
- Waterfront
- Wooded/Treed
Pool
- None
- Included
- See Schedule "C"
- Excluded
- See Schedule "C"
Mortgage calculator
Estimated mortgage payment
$6,620 per month
- Principal and interest
- $6,620
- Property tax
- $421
- Condo fees
- $0
- Estimated monthly cost
- $7,041
Your mortgage
- Mortgage amount
- $1,196,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $789,861
Cash to close
- Down payment
- $299,000
- Land transfer tax
- $26,375
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $325,375
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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