The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Rare opportunity to acquire approximately 6 acres of prime development land in Brace bridge, the gateway to Muskoka. The property comprises two separate parcels and benefits from a Draft Plan Approval for 49 luxury freehold townhomes, offering flexibility for phased development or strategic investment. Significant due diligence and entitlement work has already been completed, including environmental studies, planning approvals, engineering, architectural design, and coordination with municipal and conservation authorities-substantially reducing development timelines and risk. Perched on an elevated in-town site, the property overlooks Brace bridge and is surrounded by a scenic ravine while backing onto protected conservation lands, creating a unique natural setting for a premium residential community. Future residents will enjoy exceptional lifestyle amenities, including a semi-private golf course just a short walk away, as well as convenient access to Lake Muskoka, marinas, restaurants, shopping, healthcare services, and Highway 11. The proposed development features three-storey luxury townhomes with rooftop terraces, ranging from approximately 2,300 to 3,200 square feet, designed to capture the beauty and character of Muskoka living. With approvals substantially advanced and the project nearing shovel-ready status, this is an outstanding opportunity to accelerate development and bring a highly desirable residential offering to market. The seller is also open to joint venture structures and investor partnerships. A rare, advanced-stage development opportunity in one of Ontario's most sought-after recreational and residential markets. Being sold under Power of Sale.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$15,900/mo
Mortgage (principal + interest)$15,712
Property taxFrom listing: $2,261/yr$188
Minimum 20% ($840,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$840,000
Ontario land transfer taxProvincial brackets, no first-time refund$91,475
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$934,275
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Bracebridge has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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