1261 Falkenburg Road, Muskoka Lakes

$899,000
1261 Falkenburg Road

$899,000

Price Change
57d
DetachedBungalow-Raised

1261 Falkenburg Road, Muskoka Lakes

Total Monthly Obligation $4,194

Beds
4
Baths
3
Park
6
Sqft
1100-1500
DOM
57d
Yield
4.0%
Cash on Cash
-5.2%
Cap Rate
3.5%
5Y IRR
11.4%
10Y IRR
11.3%
Property Type-Detached
MLS® Number-X13717016
Beds-4
Bathrooms-3
Size-1100-1500 sqft
Lot Size-300 × 439 ft
Listed on site-Aug 27, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$2,313.78 (2026)
Parking-8 - Detached
Basement-Finished
Heating-Forced Air (Propane)
Brokerage-Sotheby's International Realty Canada
Cooling-Central Air
Laundry-No
Fireplace-Wood Stove, Freestanding
Pool-None
Facing-South
Exterior-Vinyl Siding, Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Septic
Possession-TBD
Neighbourhood-Monck (Muskoka Lakes)
Title-Residential Freehold

No agent assigned

Set on approximately 2.82 acres just 12 minutes from downtown Bracebridge, this exceptionally well-maintained country home offers an impressive combination of comfortable living space, extensive outdoor areas, a substantial detached garage and a charming bunkie. Built in 2004 and showing clear pride of ownership throughout, the raised bungalow provides approximately 2,268 sq. ft. of finished living space with four bedrooms and three full bathrooms.The bright main level features a welcoming living room with engineered hardwood flooring and a thoughtfully designed custom kitchen with Corian countertops, farmhouse sink and built-in KitchenAid stainless steel appliances. The spacious primary suite includes a four-piece ensuite and oversized walk-in closet with custom built-ins, while a second bedroom and three-piece bathroom with tiled glass shower complete this level.Downstairs, the fully finished lower level adds a generous family room, two additional bedrooms, four-piece bathroom and laundry, providing plenty of room for family, guests or a home office.Outdoor living is equally well considered, with a newer approximately 16' x 28' rear deck, permanent sun pavilion with screened privacy curtains and beautifully landscaped grounds designed for relaxing and entertaining.A detached approximately 720 sq. ft. double garage is propane heated, plumbed and features a poured concrete floor plus an additional side overhead door ideal for lawn equipment, recreational vehicles or additional storage. The approximately 346 sq. ft. insulated bunkie, built in 2021, has hydro, a warm pine-lined interior and sleeping loft, creating a wonderful bonus space for guests, hobbies or a quiet retreat.With a drilled well, septic system, forced-air propane heat, central air conditioning, HRV, and water purification system, this is a thoughtfully equipped rural property offering space, versatility and easy access to the amenities of Bracebridge.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$719,200
Land Transfer Taxes$14,455
Legal Fees (Est.)
$
Total cash required for closing$195,755

Total Monthly Obligation

$4,194/mo
Mortgage $3,626
Monthly Loss $3,240
Principal$954
Interest$2,672
Property Tax$193
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

Assumptions & Inputs
$/mo
%
$
yr
%

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

Comparables

Properties near 1261 Falkenburg Road

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.