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1025 & 1027 Big Island Road

1025 & 1027 Big Island Road

Bracebridge, ON

  • 7 bed
  • 3 bath
  • approx. 2000-2500 sqft
  • Detached
$899,999

Two Cottages. One Carefree Summer Story. Tucked along the shores of Prospect Lake with coveted southwest exposure, this rare lakeside package delivers something almost unheard of two fully equipped cottages on one beautiful lot. Its the kind of setup families dream about. One for you. One for them. Both with kitchens, bathrooms & bedrooms so everyone can come together without being on top of each other. At the heart of the property sits the main cottage: warm, welcoming & surrounded by tall pines. With 5 bedrooms & 2 baths, theres space to sleep a crowd & gather for games, meals, & early-morning coffee. A short stroll away, the 2nd cottage offers 3 bedrooms, a 3PC bath, its own kitchen, and a peaceful retreat just far enough for privacy but close enough to stay connected. Across the quiet lane, the shoreline invites you in. A 40' dock reaches out into the lake, with approx. 12' of depth off the end ideal for swimming, docking, or diving into summer. The sun-drenched, gently sandy shoreline is perfect for all ages. This is cottage life, uncomplicated where sand ends up in bedsheets, dinners are BBQd, & no ones fussing over perfect. Evenings settle into bonfires, marshmallows, & picture-perfect starry nights. Multiple upgrades add peace of mind, including a new septic system installed in 2021. A detached garage currently houses laundry & adds storage for the toys that make lake life even better. With two self-contained cottages, this property also presents a strong investment opportunity ideal for short-term vacation rentals, long-term tenants, or simply a shared family investment with excellent potential for rental income. Whether shared between siblings, passed down through generations, or held close as your own retreat, this is the kind of property that becomes part of your family story. Sun-soaked dock days. Campfire nights. Room for everyone. This is the cottage you've been waiting for.

Listing Details

Taxes (2025)
$4,155
Listed
August 7, 2026

Price History

Listing history

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Property

Style
1 1/2 Storey
Construction
Brick, Vinyl Siding
Roof
Shingles
Foundation
Piers, Concrete Block
Interior
Guest Accommodations, Primary Bedroom - Main Floor, Water Heater Owned
Lot Size
100.14 x 239.11 Feet

Parking

Garage
Detached
Covered Spaces
2
Total Parking
6

Utilities

Water
Lake/River
Sewer
Septic
Heat Source
Electric

Location & Legal

Cross Street
Prospect Lake Rd - Big Island Rd
Zoning
SR1
Parcel Number
480510345
Possession
Flexible
Occupancy
Owner

Included

Inclusions
2 Stoves, 3 Fridges, 2 Microwaves, All Toasters & Kettles, Coffee Makers, TVs, All Furniture, Blinds, Bedding for All 12 Beds, All Beds, Washer, Dyer, Water Toys, 2 Paddle Boats, 1 Kayak, 1 Canoe, Paddles & Oars, Life Jackets, Umbrellas
Rental Items
None

Waterfront

Water Body
Prospect Lake
Shoreline
Shallow, Deep
Docking
Private

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

Residential Freehold in Bracebridge · last 12 months

Median sold price
$632,500
Homes sold
314
Median days on market
32
Sale-to-list price
94.8%

Based on 314 recorded sales of residential freehold properties in Bracebridge over the last 12 months.

Rooms

4-piece, 2-piece, 3-piece

Second

  • Bathroom
  • Bedroom12' x 8'
  • Bedroom12'6" x 10'1"

Main

  • Bathroom5'9" x 7'5"
  • Bedroom8'7" x 7'3"
  • Bedroom5'9" x 9'3"
  • Dining Room9'10" x 12'5"
  • Foyer5'6" x 9'8"
  • Kitchen7'5" x 11'10"
  • Living Room17'2" x 22'7"

Ground

  • Bathroom4'1" x 9'6"
  • Bedroom8'5" x 7'6"
  • Bedroom6'5" x 7'4"
  • Bedroom8'7" x 7'6"
  • Kitchen10'6" x 7'4"
  • Living Room17'4" x 11'10"

Flat

  • Other15'10" x 19'5"

Listed by

Peryle Keye Real Estate Brokerage

Walk Score

0

Walk

17

Bike

Scores by Walk Score®

Mortgage Calculator

$180,000

Estimated Monthly Payment

$4,421

Land transfer tax

Estimated land transfer tax$14,475

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $4,421/mo (20% down, 5.5%)

Taxes: $346/mo · Insurance: $225/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions A 40' dock reaches out into the lake, with approx.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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