551 Muskoka 118 Road W, Bracebridge, ON P1L 1Y1
For Sale
13 days on Market
MLS® X13496570
1 / 0
Overview
Active
This exceptional 1.93-acre development parcel in the heart of Bracebridge presents a rare opportunity to acquire a substantially advanced multi-residential project in one of Muskoka's fastest-growing communities. Ideally positioned with dual frontage on Balls Drive and Highway 118 West, the property offers outstanding visibility, convenient access, and excellent exposure for future residents.Significant progress has been made to further advance the development. The lands have now been successfully rezoned to R4-41H, unlocking valuable multi-residential development potential while substantially increasing the property's value. The servicing process has also been advanced through the completion of the municipal water and sewer connection application, including engineering drawings, municipal consultations, permit approvals, and required revisions-saving the next owner valuable time, expense, and administrative work. Adding even more value, the sale includes comprehensive construction drawings, stormwater management briefs, environmental studies, traffic assessments, and supporting documentation prepared for Phase One of an 8-unit residential development. With much of the planning, approvals, and due diligence already completed, this shovel-ready opportunity allows a developer to move forward with confidence.Located just minutes from shopping, restaurants, schools, healthcare, and all of Bracebridge's everyday amenities, this is an outstanding investment opportunity in one of Muskoka's fastest-growing communities. Whether you're an experienced developer or looking to expand your portfolio, this property offers an exceptional head start with significant time and cost savings already built in.
Lot Size
2.1 acres
Type
Vacant Land
Property Details
Year BuiltNot Disclosed
CityBracebridge
Postal CodeP1L1Y1
Lot Dimensions201.54 × 460.73 ft
Exterior & Land
Sewer: None
Utilities & Services
Heat Source—
Water SourceNot specified
SewerNone
551 Muskoka 118 Road W, Bracebridge, ON P1L 1Y1
Purchase Calculator
$549,000.00
$115,290.00
⚙️ Rate
Your mortgage interest rate can either be Fixed for the term or Variable.
4.70%
🧾 Amortization
30 years
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Newly Built
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💸 Rental Income
🏠 Home Expenses
$900.00
100%
$400.00
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Total Monthly Cost
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Home expenses
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Rental income
- Monthly Mortgage$0.00
- Home Expenses$0.00
- Other Expenses$0.00
- Rental Income$0.00
Mortgage Amount
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Closing Costs
$0.00
Mortgage Payment$0.00
Net Mortgage$0.00
Interest paid over term$0.00
Balance end of Term$0.00
Effective Amortization30 Years
Property Location
551 Muskoka 118 Road W, Bracebridge, ON P1L 1Y1
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