
1025 & 1027 Big Island Road
Bracebridge, ON
- 7 bed
- 3 bath
- approx. 2000-2500 sqft
- Detached
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
Walk
Bike
Scores by Walk Score®
Location
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Mortgage Calculator
$180,000
Estimated Monthly Payment
$4,421
Land transfer tax
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.
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