551 Muskoka 118 Road
Monck (Bracebridge) / Bracebridge, ON P1L 1Y1
About This Property
This exceptional 1.93-acre development parcel in the heart of Bracebridge presents a rare opportunity to acquire a substantially advanced multi-residential project in one of Muskoka's fastest-growing communities. Ideally positioned with dual frontage on Balls Drive and Highway 118 West, the property offers outstanding visibility, convenient access, and excellent exposure for future residents.Significant progress has been made to further advance the development. The lands have now been successfully rezoned to R4-41H, unlocking valuable multi-residential development potential while substantially increasing the property's value. The servicing process has also been advanced through the completion of the municipal water and sewer connection application, including engineering drawings, municipal consultations, permit approvals, and required revisions-saving the next owner valuable time, expense, and administrative work. Adding even more value, the sale includes comprehensive construction drawings, stormwater management briefs, environmental studies, traffic assessments, and supporting documentation prepared for Phase One of an 8-unit residential development. With much of the planning, approvals, and due diligence already completed, this shovel-ready opportunity allows a developer to move forward with confidence.Located just minutes from shopping, restaurants, schools, healthcare, and all of Bracebridge's everyday amenities, this is an outstanding investment opportunity in one of Muskoka's fastest-growing communities. Whether you're an experienced developer or looking to expand your portfolio, this property offers an exceptional head start with significant time and cost savings already built in.
Property Details
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13496570
Listed by RE/MAX Professionals North
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$2,681
/month · $439,200 mortgage
Amortization
Total Interest
$365,052
Total Cost
$804,252
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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