NA SALMON Street

Monck (Bracebridge), Bracebridge · MLS® 40835642

24 sq ft lot · Land · Vacant Land · 141 days on market

listed by Joseph Thomson, Century 21 Heritage Group Ltd.

realtor's description

Multiple conceptual draft plans have been created by a planning & development consultant. Full municipal services. Concept 1: 186 townhouses (91 freehold & 95 condo). Concept 2: 169 freehold townhouses. Concept 3: 208 units(46 singles & 168 multi-res)to be completed over 2 phases. Site is in the heart of downtown Bracebridge. Very near Hwy 118 W & 6-min to Hwy 11. Excellent opportunity to acquire a scalable residential development in the Muskoka Region.

property details

type: Land, Vacant Land
lot: 24 sq ft
parking: 0
property tax: $5,100 / yr
days on market: 141
MLS®: 40835642

features

High Traffic Area

monthly cost

$52,708/mo

Mortgage $52,283 · Tax $425

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$52,283/ monthly

loan $9,600,000

25-year amortization

down payment20% · $2,400,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $6,084,855
cash to close: $2,400,000; down payment; transfer tax and fees not included
total paid: $15,684,855

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.