For Sale · Multifamily

1515 UFFINGTON ROAD, Bracebridge (Draper)

1515 UFFINGTON ROAD, Bracebridge (Draper), ON P1L1X1

$1.3M total

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Asset Class

Multifamily

Size

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Building class

C

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

97%

About this property

An Extraordinary Muskoka Retreat - Two Luxury Raised Bungalows on 20 Acres. A rare and remarkable opportunity to own a truly unique Muskoka property. Set on 20 acres of lush, private forest and surrounded by the natural beauty of the Muskoka Lakes, this exceptional property offers two virtually identical raised bungalow residences - a one-of-a-kind configuration perfect for multigenerational living, extended family or an income-producing investment. Each beautifully appointed 3-BED raised bungalow/duplex-style residence is approximately 6YRS old and showcases modern, high-end finishes, an inviting open-concept design and a spacious primary bedroom conveniently located on the main floor. Imagine having your family together while everyone enjoys the comfort, privacy and independence of their own beautifully finished home. Or live in one residence and rent the other, creating an opportunity to help offset your mortgage. For investors, the unique two-home configuration offers exceptional flexibility and potential. The 3 BED residence on the right is currently tenanted, with the tenants interested in remaining, providing an opportunity for immediate rental income. 9' BASEMENT CEILINGS. Vacant possession is also available. Twenty acres of lush Muskoka forest offer endless opportunities to hike, explore, ATV. The beautifully cleared backyard provides plenty of space to gather, with your own private fire pit creating the perfect setting for evenings beneath the Muskoka sky. With parking for up to 14 vehicles and just 15 minutes to Bracebridge, this is a property that combines privacy and tranquility with convenient access to everything Muskoka has to offer. Whether you're envisioning a luxurious multigenerational family retreat, a private family compound, an income-producing investment or simply a spectacular Muskoka escape, this is an opportunity unlike anything else. 2 beautiful homes, OVER 5000 SqFt. 20 private acres. Endless possibilities. Your Muskoka lifestyle starts! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.35M
Down payment30% · $405K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$48K

Annual cash flow

$-27K

Cash-on-cash

-6.70%

DSCR

0.64

Going-in cap

3.53%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

66,359

Households

23,584

Median income

$89,000

Median age

42.2

Daytime population

86,679

5-yr growth

5.1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 1515 UFFINGTON ROAD, Bracebridge (Draper).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.