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Investment Highlights

  • Draft Plan Approval in place for 49 luxury freehold townhomes.
  • Located minutes from downtown Bracebridge and Lake Muskoka.
  • Extensive planning, engineering, and entitlement work completed.
  • Offered under Power of Sale with immediate development potential.

Executive Summary

76 Covered Bridge Trail presents the opportunity to acquire a 6.3-acre residential development site in Bracebridge, located within the Regional Municipality of Muskoka. Offered under Power of Sale, the property benefits from Draft Plan Approval for a 49-unit luxury freehold townhome community and represents an advanced development opportunity in one of Ontario's most established recreational and residential markets.
The project has already progressed through substantial planning and entitlement milestones, including environmental, engineering, architectural, and municipal coordination work. With Draft Plan Approval in place through October 20, 2028, a future purchaser can capitalize on a significantly shortened development timeline relative to a typical greenfield residential project. The approved concept consists of three-storey townhomes with rooftop terraces designed to reflect the character of Muskoka living.

Property Facts

Price $3,483,255 USD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Multifamily
Total Lot Size 6.30 AC

1 Lot Available

Lot

Price $3,483,255 USD
Price Per AC $552,897.68 USD
Lot Size 6.30 AC

Draft plan approved 6.3-acre residential development site for 49 luxury freehold townhomes in Bracebridge, Muskoka. Advanced planning and entitlement work completed with approvals in place through October 20, 2028.

Description

The property's location further enhances its development appeal. Situated approximately five minutes from downtown Bracebridge and Lake Muskoka, the site provides convenient access to local services, retail amenities, healthcare facilities, and recreational destinations. Highway 11 is approximately nine minutes away, supporting regional connectivity throughout Central Ontario. Nearby amenities include Muskoka Highlands Golf Links, South Muskoka Memorial Hospital, major retailers, restaurants, banking services, and everyday conveniences. Bracebridge remains one of Muskoka's most recognized residential and tourism destinations, attracting both permanent residents and seasonal homeowners. Combined with the project's advanced approval status, established surrounding neighbourhood, and proximity to key lifestyle amenities, the property offers an opportunity to deliver a new residential community within a highly sought-after Ontario market.

Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
  • Listing ID: 41531086

  • Date on Market: 8/3/2026

  • Last Updated:

  • Address: 76 Covered Bridge Trl, Bracebridge, ON P1L 1Y2

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