$699,000
7.50 BTC
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2928 118 Highway, Bracebridge
$699,000
PRICE
3
BEDROOMS
3
BATHROOMS
X13412872
MLSID

2928 118 Highway, Bracebridge

Welcome to 2928 Highway 118 East, a raised bungalow offering incredible potential and exceptional value on a massive, private 16.3-acre parcel of land. Conveniently located near Highway 118 East and Oakley Cres, and just minutes outside of Bracebridge, this property is a rare find for buyers looking for space, privacy, and an opportunity to add your finishing touches and truly make it your own. This 1,400 square foot above-grade home features a spacious layout on the main level, highlighted by a bright living room centered around large windows overlooking the greenery. The living space flows into a dedicated dining area and an expansive kitchen with plenty of cabinet storage, which steps directly out to a sunroom and a full-width deck. The main floor offers 3 bedrooms, including a primary bedroom with 3 piece ensuite. There's an attached oversize 2-car garage that currently doubles as a workshop / man cave and a long driveway with plenty of parking. With great bones and a solid structure built in 1989, this property is a classic diamond in the rough. While the main living level is highly functional, it awaits your modern updates and cosmetic design choices. The lower walk-out level is a true blank canvas with an in-law capability setup, featuring a lower-level kitchenette and 3 piece washroom. The basement living spaces provide the perfect opportunity to completely redesign the entire footprint into a custom recreation room, an income suite, or additional bedrooms to maximize your investment. Outside, the sprawling acreage provides a scenic, heavily treed backdrop with a wide-cleared yard immediately surrounding the home, offering unparalleled privacy that smaller acreage parcels simply cannot match. Opportunities to secure over 16 acres of land at this price point in the Bracebridge area are few and far between.
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Summary

Address
2928 118 Highway
Community
MLSID
X13412872
Property Type
Detached
Property Category
Bedrooms
3
Bathrooms
3
Kitchens
1
Taxes (Annual)
$2,666.00
Tax Year
2025
Published
June 8, 2026
Days on Market
17 Days
Possession Type
Other
Possession Details
Tbd
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Exclusions

tenants belongings

Details

Bathroom 1
3-Piece Main Level
Bathroom 2
3-Piece Main Level
Bathroom 3
3-Piece Basement Level
Basement
Partially Finished
Interior Features
In-Law Capability
Parking Spaces
10
Parking Total
10
Parking Features
Private Double
Architectural Style
Bungalow-Raised
Roof
Asphalt Shingle
Construction Materials
Aluminum Siding, Vinyl Siding
Lot Size
16 Acres
Lot Width
160 Feet
Lot Depth
954 Feet
Water
Well
Heat Source
Electric
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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