1164 Nicholls Road, Bracebridge

$989,900
1164 Nicholls Road

$989,900

New
16d
DetachedBungalow

1164 Nicholls Road, Bracebridge

Total Monthly Obligation $4,753

Beds
3
Baths
2
Park
6
Sqft
2500-3000
DOM
16d
Score
18
Yield
4.5%
Cash on Cash
-3.7%
Cap Rate
3.8%
5Y IRR
12.6%
10Y IRR
12.3%
Property Type-Detached
MLS® Number-X13873104
Beds-3
Bathrooms-2
Size-2500-3000 sqft
Lot Size-367 × 1384 ft
Listed on site-Oct 7, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,623.23 (2025)
Parking-8 - Attached
Basement-Full
Heating-Baseboard (Electric)
Brokerage-RE/MAX Professionals North
Cooling-None
Laundry-No
Fireplace-Fireplace Insert, Wood, Other
Pool-None
Facing-South
Exterior-Brick Veneer, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Septic
Possession-TBD
Neighbourhood-Monck (Bracebridge)
Title-Residential Freehold

No agent assigned

Welcome to your own little slice of Muskoka! Tucked away on just over 10 acres of granite outcroppings, mature trees, and natural beauty, this wonderfully private country property offers that hard-to-find combination of space, privacy, and convenience - all just 5 minutes from the heart of downtown Bracebridge. The lovingly cared for 3 bedroom, 2 bathroom bungalow has been enjoyed by the current owners for more than 20 years and has a warm, welcoming feel from the moment you walk through the door. The bright eat-in kitchen features pine-lined ceilings and ceramic flooring, with an abundance of natural light creating a cheerful spot for morning coffee or casual family meals. The living room is anchored by a classic Muskoka stone wood-burning fireplace - the perfect place to gather after a day outdoors - while the recreation room offers another cozy gathering space with a freestanding propane fireplace. And then there are the outbuildings... this property is made for people who like to DO things! The attached doube garage with inside entry makes everyday living easy, while the impressive 30'x30' detached garage provides room for vehicles, recreational toys, equipment, or whatever hobby you have been waiting to make room for. A seperate detached barn/workshop with loft sppace adds even more possibillities for storage, projects, hobbies, or creative pursuits. The paved friveway, beautiful, mature landscape and abundance of Muskoka granite give the property a true coutry feel, while its proximity to Bracebridge means groceries, resturants, shops, schools and all the conveniences of town are just minutes way. Whether you aare an outdoor enthusiat, hobbyist, collector, weekend adventureer or simply someone who wants room to breathe, roam and enjoy the great outdoors, this is a property that offers plenty of possibilities. Bring the toys, projects, and bring your imaginations - there's room for it!

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

Mortgage Amount
$791,920
Land Transfer Taxes$16,273
Legal Fees (Est.)
$
Total cash required for closing$215,753

Total Monthly Obligation

$4,753/mo
Mortgage $3,993
Monthly Loss $3,703
Principal$1,051
Interest$2,942
Property Tax$385
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.8%1
5-Year IRR
9.4%32
10-Year IRR
10.1%
Returns Index
17.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$45,000/yr
NOI
$31,377/yr
Net Cash Flow
-$1,378/mo
Cash Margin
-36.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
19.4/ 100

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

Comparables

Properties near 1164 Nicholls Road

Time

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Data last updated within the past 24 hours.