1040 7TH HEAVEN Lane, Bracebridge

$3,895,000
1040 7TH HEAVEN Lane

$3,895,000

New
95d
Detached2-Storey

1040 7TH HEAVEN Lane, Bracebridge

Total Monthly Obligation $17,661

Beds
4
Baths
4
Park
6
Sqft
3500-5000
DOM
95d
Yield
1.0%
Cash on Cash
-19.1%
Cap Rate
0.5%
5Y IRR
0.9%
10Y IRR
3.4%
Property Type-Detached
MLS® Number-X13585038
Beds-4
Bathrooms-4
Size-3500-5000 sqft
Lot Size-80 × 328 ft
Listed on site-Jul 20, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$18,891.84 (2025)
Parking-8 - Detached
Basement-None
Heating-Forced Air (Electric)
Brokerage-Royal LePage Lakes Of Muskoka - Clarke Muskoka Realty
Cooling-Wall Unit(s)
Laundry-No
Fireplace-Propane
Pool-None
Facing-South
Exterior-Log
Roof-Asphalt Rolled
Foundation-Slab
Sewer-Septic
Possession-TBA
Neighbourhood-Muskoka (N)
Title-Residential Freehold

No agent assigned

Timeless craftsmanship meets modern luxury in this meticulously curated 3,703 sq. ft. True North log estate, showcasing over $1 million in sophisticated recent upgrades. This exceptional 4-bedroom, 3-bath waterfront lake house has a detached two-car garage with ample space for parking, storage, and recreational equipment. The cottage is set on a level lot with sought-after southern exposure and an expansive 80-foot sandy beach. The home is beautifully appointed with traditional upscale Muskoka-style décor, blending timeless elegance with relaxed lakeside comfort. The 4-bedroom cottage features hickory flooring, a wine room, floor to ceiling propane burning fireplace, a kitchen designed for entertainment and a private lakeside primary retreat with walk-out access to the waterfront. Upstairs, the large loft area creates an inviting family gathering space, surrounded by 3 additional bedrooms. Ideally located only minutes from the heart of Bracebridge, this property offers effortless access to charming boutiques, local restaurants, healthcare services, and everyday conveniences. Step onto your dock and explore Muskoka's celebrated Big Three Lakes, where endless boating, championship golf, waterfront dining, and some of the region's most sought-after destinations await. Outside, the professionally designed grounds are equally impressive, featuring stunning granite landscaping, multiple outdoor entertaining areas, a lakeside sauna, a hot tub, and beautifully integrated natural stone that enhances the property's timeless appeal. More than a cottage, this is a legacy property designed for effortless enjoyment. Whether it's peaceful mornings on the sandy beach, afternoons exploring the lakes, or unforgettable evenings watching the sunset over the water, this extraordinary estate offers the quintessential Lake Muskoka lifestyle-where natural beauty and refined luxury come together to create memories for generations.

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Closing Costs

Mortgage Amount
$3,116,000
Land Transfer Taxes$83,850
Legal Fees (Est.)
$
Total cash required for closing$864,350

Total Monthly Obligation

$17,661/mo
Mortgage $15,711
Monthly Loss $13,526
Principal$4,134
Interest$11,577
Property Tax$1,574
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1040 7TH HEAVEN Lane

Time

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