1037 Strawberry Bay Road, Bracebridge

$699,000
1037 Strawberry Bay Road

$699,000

New
38d
DetachedBungalow

1037 Strawberry Bay Road, Bracebridge

Total Monthly Obligation $3,283

Beds
2
Baths
2
Park
3
Sqft
700-1100
DOM
38d
Score
21
Yield
4.8%
Cash on Cash
-1.3%
Cap Rate
4.3%
5Y IRR
14.5%
10Y IRR
13.8%
Property Type-Detached
MLS® Number-X13803134
Beds-2
Bathrooms-2
Size-700-1100 sqft
Lot Size-82 × 80 ft
Listed on site-Sep 15, 2026
Style-Bungalow
Building Type-Detached
Taxes-$1,067 (2026)
Parking-3 - None
Basement-None
Heating-Baseboard (Electric)
Brokerage-RE/MAX Professionals North
Cooling-Central Air, Wall Unit(s)
Laundry-No
Fireplace-Fireplace Insert, Wood
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Wood
Sewer-Septic
Possession-Flexible
Neighbourhood-Muskoka (N)
Title-Residential Freehold

No agent assigned

Adorable Four-Season Muskoka Getaway - Just Steps from Lake Muskoka & Strawberry Bay Beach! Welcome to your charming four-season Muskoka retreat, ideally located just 200 metres from the shores of Lake Muskoka and beautiful Strawberry bay Beach. Offering the opportunity to enjoy the Muskoka lifestyle without the waterfront taxes, this inviting two-bedroom, 1 1/2 bath home is perfect for year-round living, a weekend escape, or a low-maintenance cottage getaway. Warm and welcoming, the home features a beautiful Muskoka stone fireplace in the living room, complete with a new wood-burning insert, creating the perfect gathering place on cool evenings. The bright, comfortable interior has been thoughtfully updated, with pot lights in the living room and kitchen, new kitchen counters and backsplash, and a convenient laundry closet with stackable washer and dryer. The improvements continue throughout the home. The main bathroom has been completely renovated, while a new two-piece bathroom adds valuable convenience. The mudroom has been refreshed, providing a practical entry space for Muskoka gear and everyday living. New heat pump offers efficient heating and air conditioning for year-round comfort with baseboard heating provides backup. Outside, the property has received extensive attention as well, including new and improved decks, rebuilt stairs, landscaping, regrading, and the addition of a French drain. Parking has also been increased, making it easier to accommodate family and guests.Whether you're looking for a full-time home, a four-season cottage, or your own affordable piece of Muskoka, this property offers the best of both worlds: the beauty and recreation of Lake Muskoka and Strawberry Ba Beach just a short stroll away, without the added expense of waterfront ownership. A wonderful opportunity to enjoy everything Muskoka has to offer in this turn key, fully furnished home that is cute, comfortable, and move-in ready!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$559,200
Land Transfer Taxes$10,455
Legal Fees (Est.)
$
Total cash required for closing$151,755

Total Monthly Obligation

$3,283/mo
Mortgage $2,820
Monthly Loss $2,542
Principal$742
Interest$2,078
Property Tax$89
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%23
Cash-on-Cash
-6.1%2
5-Year IRR
10.7%41
10-Year IRR
11.1%
Returns Index
21.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$33,600/yr
NOI
$24,673/yr
Net Cash Flow
-$763/mo
Cash Margin
-27.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
25.9/ 100

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

Comparables

Properties near 1037 Strawberry Bay Road

Time

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