156/158 Park Road
Bracebridge, ON
- 2 bed
- 2 bath
- approx. 1100-1500 sqft
- Duplex
Conveniently located in the heart of Bracebridge, this well-maintained duplex presents an excellent opportunity for investors, first-time buyers, or those looking to offset their mortgage with rental income. The property features two spacious 1-bedroom units, each offering a 4-piece bathroom, comfortable living area, functional kitchen, and access to a level backyard. One of the units has been extensively updated with fresh interior paint, new storm doors, new flooring, updated bathroom, new appliances, new front decks, new + improved back decking for outdoor enjoyment along with Bell Fibre Optic. This unit is currently owner-occupied and will be provided vacant upon possession, allowing a new owner to move in or establish their own market rent. The second unit also features an updated bathroom and is currently tenanted, providing immediate rental income. Fresh Exterior paint, new windows, new updated large separate parking space for 3 vehicles or an RV and one vehicle. Each unit has Separate hydro, gas and water & sewer meters. Adding further potential, the property may offer the possibility of creating a third accessory unit, subject to municipal approvals, providing an opportunity to increase future income and overall property value. Economical to operate with natural gas heating, municipal water and sewer, this property is situated in a highly desirable Bracebridge rental market where quality 1-bedroom units continue to command strong rental rates. This is a great opportunity to invest in the heart of Muskoka-an area benefiting from continued population growth, strong tourism and consistent demand for quality rental accommodations. An ideal combination of location, income potential, and future upside.
Listing Details
- Taxes (2025)
- $3,660
- Listed
- August 24, 2026
Price History
Property
- Style
- Bungalow
- Construction
- Wood
- Roof
- Asphalt Shingle
- Foundation
- Slab
- Interior
- Separate Hydro Meter, Water Heater Owned
- Lot Size
- 72 x 143 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 4
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Cedar Lane and Park Road
- Parcel Number
- 481130108
- Possession
- Flexible
- Occupancy
- Owner+Tenant
Included
- Inclusions
- 2 fridges, 2 stoves, 2 hot water tanks, 2 A/C wall units
- Exclusions
- Tenants personal items / furniture
Schools
Secondary
- St Dominic Catholic Secondary School1.1 km
Catholic · Simcoe Muskoka CDSB · 155 students
Grade 10 literacy: 79% met the provincial standard
- AAEC's/e-Learning1.4 km
Public · Trillium Lakelands DSB · 1075 students
Grade 10 literacy: 91% met the provincial standard
- Bracebridge and Muskoka Lakes Secondary School3.7 km
Public · Trillium Lakelands DSB · 840 students
Grade 10 literacy: 85% met the provincial standard
Elementary
- Bracebridge Public School1.2 km
Public · Trillium Lakelands DSB · 400 students
Grade 3 reading: 85% met the provincial standard · Grade 6 math: 52% met the provincial standard
- Monck Public School1.6 km
Public · Trillium Lakelands DSB · 575 students
Grade 3 reading: 85% met the provincial standard · Grade 6 math: 56% met the provincial standard
- Macaulay Public School2.4 km
Public · Trillium Lakelands DSB · 305 students
Grade 3 reading: 90% met the provincial standard · Grade 6 math: 77% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
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
- $629,500
- Homes sold
- 312
- Median days on market
- 32
- Sale-to-list price
- 95.0%
Based on 312 recorded sales of residential freehold properties in Bracebridge over the last 12 months.
Listed by
Cayman Marshall International Realty Inc.
Walk Score
Walk Score is unavailable for this address right now.
Location
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Mortgage Calculator
$97,978
Estimated Monthly Payment
$2,407
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: $2,407/mo (20% down, 5.5%)
Taxes: $305/mo · Insurance: $122/mo
Estimates only. Consult a financial advisor.
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