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76 Covered Bridge Trail

76 Covered Bridge Trail

Bracebridge, ON

  • 6 sqft
  • Land
$4,200,000Price reduced 14%

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.

Listing Details

Taxes (2025)
$2,261
Originally Listed
$4,900,000
Listed
July 21, 2026

Price History

Listing history

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Utilities

Sewer
None

Location & Legal

Cross Street
Hwy 118 West and Westmall Drive
Zoning
R4
Possession
Immediate
Occupancy
Vacant

Commercial

Business Type
Residential

Community

Postal area P1L

Population
17,984
Private dwellings
9,535
Median age
51.2
Average household size
2.3
Median household income
$86,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Bracebridge · last 12 months

Median sold price
$629,000
Homes sold
313
Median days on market
32
Sale-to-list price
95.0%

Based on 313 recorded sales of commercial properties in Bracebridge over the last 12 months.

Listed by

CBRE LIMITED

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Annual property tax
$2,261

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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