$975,000
1065 Rainbow Lane, Bracebridge, ON P1L 1X3
Draper · Bracebridge · P1L 1X3
Listing brokerage: Cayman Marshall International Realty Inc.
- Beds
- 3
- Baths
- 2
- Sq ft
- 700–1100
- Parking
- 5
Monthly costs
Property taxes
$125/mo
$1,505 a year (2025)
The home
- Lot size
- 74.2 × 192.5 ft
- Style
- Bungalow
- Parking
- 5 spots · Detached
- Faces
- North
- Heating · cooling
- Baseboard, Window Unit(s)
- Possession
- Negotiable
About this home
Renovated Four Season Cottage with Bunkie 15 Minutes from Bracebridge. Located 15 minutes off Hwy 11, this three-bedroom two bath cottage on the desirable McKay Lake is perfect for a young family or retirees. Renovations include updated open concept plan, new paint, engineered hardwood, interior doors, pot lights and Decora switches throughout. Kitchen features new windows, cabinets, hardware and counters and both bathrooms have new glass showers, vanities, toilets and tile floors. Kitchen and bathroom plumbing upgraded. This cottage offers a gorgeous view of the lake from a generous deck. There are two bedrooms on the main floor and a potential third bedroom in the upper area currently used as an office. The primary bedroom offers a walk-in closet. The large Bunkie is heated, insulated, offers a sitting room and its own deck. There is a detached 12' x 20' garage for parking or the toys, plus a 11' x 18' Carport, 8' x 12' Workshop and Storage Rooms. The forced air propane furnace was new in Dec 2022. The shoreline is owned and dock boards are new. Bonuses: Generac generator, 2 propane fireplaces, covered parking, water filtration system, appliances included, blinds and curtains, fire pit and new $10,000 Electric Sauna overlooking the water. Furniture is negotiable. Call to view.
All details28 more from the listing · Interior, Heating, Parking, Exterior, Utilities, Taxes, Listing
Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 10
- Den / family room
- Yes
- Size
- 700-1100 sq ft
- Fireplace
- Propane
Features
- Accessory Apartment
- Propane Tank
- Sauna
- Storage
Heating & Cooling
- Heat source
- Propane
Parking
- Covered spaces
- 1
Features
- Available
- Private
Exterior & Lot
- Exterior
- Wood
- Roof
- Asphalt Shingle
- Foundation
- Piers
- Waterfront
- Direct
- Water body
- Mckay Lake
- View
- Clear, Lake, Trees/Woods, Water
Other structures
- Additional Garage(s)
- Sauna
Exterior features
- Deck
- Landscaped
Utilities
- Sewer
- Septic
Taxes & Fees
- HST
- Included In
Listing
- MLS® number
- X13145088
- Type
- Detached
- Transaction
- For Sale
- Neighbourhood
- Draper
- Original price
- $1,050,000
- Cross streets
- Frserburg and Rainbow Lane
Rooms · 12Family Room, Kitchen, Dining Room, Sunroom, Bathroom ×2, Primary Bedroom, Bedroom 2, Bedroom 3, Den, Washroom ×2
Family Room
Main
5.18 × 4.20 m · 17′0″ × 13′9″
Kitchen
Main
3.77 × 2.35 m · 12′4″ × 7′9″
Dining Room
Main
3.23 × 2.59 m · 10′7″ × 8′6″
Sunroom
Main
8.22 × 2.23 m · 27′0″ × 7′4″
Bathroom
Main
2.74 × 2.31 m · 9′0″ × 7′7″
Bathroom
Main
2.74 × 2.31 m · 9′0″ × 7′7″
Primary Bedroom
Main
3.92 × 3.84 m · 12′10″ × 12′7″
Bedroom 2
Main
2.92 × 2.42 m · 9′7″ × 7′11″
Bedroom 3
Main
2.74 × 2.74 m · 9′0″ × 9′0″
Den
Main
2.92 × 2.42 m · 9′7″ × 7′11″
2 × 3-piece washroom
Main
History
Past listings and sales for this home and building.
Location
1065 Rainbow Lane, Bracebridge, ON P1L 1X3 · Near Frserburg and Rainbow Lane
Monthly cost
Estimated monthly cost
$4,443/mo
- Mortgage
- $4,317
- Property tax
- $125
Amortization
Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.
Cash to close
Cash to close
$212,799
$195,000 down + $17,799 to $19,049 in closing costs
- Ontario land transfer tax
- $15,975
- Legal fees and disbursements
- $1,500 to $2,500
- Title insurance
- $250 to $500
- Property tax adjustment
- $74
Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.
The listing information is deemed reliable but is not guaranteed accurate by PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
$975,000
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