1215 118 Highway
Bracebridge, ON
- 3 bed
- 3 bath
- approx. 3000-3500 sqft
- Detached
EXECUTIVE WATERFRONT LIVING ON OVER 5 ACRES JUST MINUTES FROM BRACEBRIDGE! Rarely does a property of this calibre become available, offering the perfect combination of privacy, acreage, waterfront enjoyment, and convenience. Situated on the North Branch of the Muskoka River, this exceptional property boasts over 5 acres of beautifully treed land and direct boating access to Spence Lake, where you can enjoy tubing, fishing, kayaking, canoeing, and endless water recreation right from your own backyard.Designed for family living and entertaining, this spacious home offers approximately 4,000 sq. ft. of finished living space, including an impressive 1,800 sq. ft. main level, a 368 sq. ft. loft, and a full walkout lower level. The heart of the home is the stunning great room featuring soaring vaulted ceilings, floor-to-ceiling windows, and views of the river and surrounding natural landscape. The gourmet kitchen is beautifully appointed with granite countertops, ample cabinetry, and an open-concept layout that flows seamlessly into the living and dining areas. Step outside to the expansive deck or relax in the inviting 3-season Muskoka room, the perfect place to enjoy morning coffee or evening sunsets overlooking the water. The main floor also features a spacious primary suite complete with a 3-piece ensuite and walk in closet, two additional bedrooms, and a 4-piece bathroom finish off the main floor. The bright walkout lower level provides exceptional additional living space with a large games and recreation room, four additional rooms currently utilized for family and guest overflow, laundry facilities, and utility/storage space.Whether you're searching for a year-round family residence, executive retreat, or waterfront escape, this property delivers an unmatched lifestyle. Opportunities to own a waterfront home of this size, with acreage and boating access, just minutes from all the amenities, shopping, dining, schools, and services of Bracebridge are rare.
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Listing Details
- Taxes (2025)
- $5,268
- Listed
- September 8, 2026
Price History
Listing history
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Property
- Style
- Bungalow-Raised
- Construction
- Hardboard
- Roof
- Fibreglass Shingle
- Foundation
- Concrete Block
- Interior
- Carpet Free, ERV/HRV, Primary Bedroom - Main Floor, Propane Tank, Water Treatment, Water Heater Owned, Sump Pump
- Lot Size
- 640 x 275 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 8
Utilities
- Water
- Drilled Well
- Sewer
- Septic
- Heat Source
- Ground Source
Location & Legal
- Cross Street
- HWY 118E
- Parcel Number
- 480530453
- Possession
- Flexible
- Occupancy
- Owner
Included
- Inclusions
- Fridge, Stove, Dishwasher, Range Hood, Pool Table, Washer, Dryer
- Rental Items
- Propane Tanks
Waterfront
- Water Body
- North Branch Muskoka River
- Shoreline
- Clean, Deep, Natural
- Docking
- Private
Schools
Elementary
- Muskoka Falls Public School1.2 km
Public · Trillium Lakelands DSB · 195 students
Grade 3 reading: 88% met the provincial standard · Grade 6 math: 50% 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
- $629,000
- Homes sold
- 311
- Median days on market
- 32
- Sale-to-list price
- 95.0%
Based on 311 recorded sales of residential freehold properties in Bracebridge over the last 12 months.
Rooms
3-piece, 4-piece, 2-piece
Second
- Family Room23' x 17'1"
Main
- Bathroom9'10" x 5'11"
- Bathroom10'2" x 9'10"
- Bedroom 213'9" x 9'6"
- Bedroom 312'2" x 9'6"
- Dining Room13'9" x 14'1"
- Foyer5'3" x 13'5"
- Kitchen13'5" x 10'10"
- Living Room23' x 21'4"
- Primary Bedroom13'5" x 13'1"
- Sunroom14'9" x 13'1"
Lower
- Bathroom5'3" x 9'10"
- Other8'10" x 12'2"
- Other8'2" x 10'6"
- Other8'10" x 8'10"
- Other8'10" x 8'10"
- Other12'6" x 25'11"
- Recreation36'1" x 23'
Listed by
RE/MAX Professionals North
Walk Score
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Location
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Mortgage Calculator
$270,000
Estimated Monthly Payment
$6,632
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: $6,632/mo (20% down, 5.5%)
Taxes: $439/mo · Insurance: $338/mo
Estimates only. Consult a financial advisor.
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