1111 MERRICK Drive, Bracebridge, ON
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Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Oakley. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $2,290,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 3 Bathrooms
- Generous living space spanning 2500-3000 sqft on a premium 350 x 219.99 ft lot
- Features a walk-out, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Other
- Efficient forced air heating via propane
Description
Your waterfront lifestyle begins here. This well constructed year round home was newly built in 2017 and is beautifully situated on a park like property offering expansive views over Wood Lake. Privacy is assured with 350' of frontage and 1.48 acres. The gentle topography is ideal for people of all ages and the sun perfectly infiltrates the beach and dock area. This property is geared for family and entertaining and has been the site of countless gatherings and get togethers over the years which has included waterfront activities, horseshoe tournaments, skating, and curling bonspiels. There is even your own putting green! The theme continues indoors with an open concept living space and large front deck spanning the entire length of the cottage. The lower level walk out features a bedroom, full bath and recroom which is set up for a theatre and an impressive bar area reminiscent of a local pub. There is also a bunkie with hydro to accommodate the guest overflow. Fair warning, your guests will not want to leave! This truly is a remarkable offering on desirable Wood Lake.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1111 MERRICK Drive, Bracebridge, ON P1L 1X1
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Bracebridge, ON
For a property listed at $2,290,000 in Bracebridge, the legal minimum down payment is $458,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $43,725 for this transaction. As this listing is in Bracebridge (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $43,725.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
