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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage — RECO Registration #6018570.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale Listed 6 days ago

    1040 7TH HEAVEN Lane

    ·Bracebridge, ON··

    • 4 beds
    Bracebridge real estate›X13585038
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Timeless craftsmanship meets modern luxury in this meticulously curated 3,703 sq. ft. True North log estate, showcasing over $1 million in sophisticated recent upgrades. This exceptional 4 bedroom, 3 bath waterfront lake house has a detached two car garage with a 650sf guest suite featuring two additional bedrooms, a newer kitchen, bath and living area. The cottage is set on a level lot with sought-after southern exposure and an expansive 80-foot sandy beach. The home is beautifully appointed with traditional upscale Muskoka-style décor, blending timeless elegance with relaxed lakeside comfort. The 4-bedroom main cottage features hickory flooring, a wine room, floor to ceiling propane burning fireplace, a kitchen designed for entertainment and a private lakeside primary retreat with walk-out access to the waterfront. Upstairs, the large loft area creates an inviting family gathering space, surrounded by 3 additional bedrooms. Ideally located only minutes from the heart of Bracebridge, this property offers effortless access to charming boutiques, local restaurants, healthcare services, and everyday conveniences. Step onto your dock and explore Muskoka's celebrated Big Three Lakes, where endless boating, championship golf, waterfront dining, and some of the region's most sought-after destinations await. Outside, the professionally designed grounds are equally impressive, featuring stunning granite landscaping, multiple outdoor entertaining areas, a lakeside sauna, a hot tub, and beautifully integrated natural stone that enhances the property's timeless appeal.More than a cottage, this is a legacy property designed for effortless enjoyment. Whether it's peaceful mornings on the sandy beach, afternoons exploring the lakes, or unforgettable evenings watching the sunset over the water, this extraordinary estate offers the quintessential Lake Muskoka lifestyle-where natural beauty and refined luxury come together to create memories for generations.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jul 20, 2026ListedCurrentFor sale$3,895,000 —X13585038This page
    Mar 13, 2026Previously listedTer$4,295,000 —X12882722View
    May 9, 2024Previously listedExp$4,495,000 —X10894330View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      5
      Heating
      Forced Air
      Air conditioning
      Wall Unit(s)
      Fireplaces
      1
      Water source
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 1040 7TH HEAVEN Lane
    What's nearby

    Points of interest classified by the MLS® feed.

    • Beach
    • Golf
    • Lake Access
    • Hospital
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $19,135
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $1,574
    0.49% mill rate · ON
    The market

    How this home sits in the Bracebridge market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Bracebridge market right now

    Average sold price, days on market, and closed-transaction count for Bracebridge — sourced from MLS®.

    • Avg sold price
      $824,149
      Last 30 days
    • Median sold price
      $650,000
      Middle of the market
    • Days on market
      47 d
      Avg from list to close
    • Closed last 30d
      106
      MLS® transactions
    Full Bracebridge market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 1040 7TH HEAVEN Lane — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 1040 7TH HEAVEN Lane and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 1040 7TH HEAVEN Lane listed for?

      1040 7TH HEAVEN Lane is listed at $3,895,000 on the MLS® (listing X13585038). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 1040 7TH HEAVEN Lane have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 4 baths
  2. 3500-5000 sqft
  3. Detached
  4. Built 6-15
  5. .50-1.99 ac lot
  6. Asking
    $3,895,000
    $0 / sqft · MLS® X13585038
    Chat Zara
  7. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $972,496
    $894,696Confidence range$1,050,295
    Asking vs estimate
    ↑↑well-above
    +$2,922,504
    (+300.5%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 4 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Bracebridge sell in about 47 days — this one has been listed 6 days.

    Avg sold price
    $824,149
    Median sold
    $650,000
    Avg days on market
    47
    Recently sold
    106
    See comparable sales
    Walk through online
    Listing agent has provided a interactive tour
    Open virtual tour
    AI highlights by Zara
    • Timeless craftsmanship meets modern luxury in this meticulously curated 3,703 sq. ft.
    • This exceptional 4 bedroom, 3 bath waterfront lake house has a detached two car garage with a 650sf guest suite featuring two additional bedrooms, a newer kitchen, bath and living area.
    • The cottage is set on a level lot with sought-after southern exposure and an expansive 80-foot sandy beach.
    • Upstairs, the large loft area creates an inviting family gathering space, surrounded by 3 additional bedrooms.
    Ask Zara a follow-up
    Well
    Sewer
    Septic
  8. Parking & garage

    4
    Garage
    Detached
    Garage spaces
    2
    Parking spaces
    8
    Driveway
    Private Double
  9. Interior

    7
    Basement
    None
    Family room
    Y
    Kitchens
    1
    Total rooms
    16
    Laundry level
    Main Level
    Elevator
    N
    Accessibility
    N
  10. Exterior & construction

    6
    Exterior
    Log
    Roof
    Asphalt Rolled
    Foundation
    Slab
    View
    Beach, Lake
    Waterfront
    Y
    Pool
    None
  11. Lot & land

    3
    Year built
    6-15
    Lot dimensions
    x 80
    Zoning
    SR1
  12. Listing & possession

    3
    Occupancy
    TBA
    Property style
    2-Storey
    Property class
    Detached
  13. Room-by-room · 21 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    10 rooms
    • Primary Bedroom
      14.9 × 15.2 ft
    • Foyer
      12.2 × 11.5 ft
    • Utility Room
      9.3 × 11.5 ft
    • Laundry
      11.5 × 7.6 ft
    • Dining Room
      19.9 × 15.1 ft
    • Living Room
      19.9 × 23.3 ft
    • Kitchen
      15.3 × 14.9 ft
    • Bathroom
      3 Pc Bath
      6.6 × 7.5 ft
    • Bathroom
      4 Pc Ensuite
      14.9 × 6.6 ft
    • Mud Room
      15.1 × 8.4 ft

    Upper level

    5 rooms
    • Bedroom
      Access To Garage
      0.0 × 0.0 ft
    • Living Room
      Access To Garage
      0.0 × 0.0 ft
    • Bathroom
      Access To Garage
      0.0 × 0.0 ft
    • Kitchen
      Access To Garage
      0.0 × 0.0 ft
    • Bedroom
      Access To Garage
      0.0 × 0.0 ft

    Second level

    6 rooms
    • Bathroom
      6.6 × 6.6 ft
    • Family Room
      19.9 × 19.9 ft
    • Bedroom
      14.8 × 14.8 ft
    • Loft
      19.9 × 27.8 ft
    • Bedroom
      14.9 × 14.9 ft
    • Bedroom
      14.9 × 15.0 ft
  14. School
  15. Park
  16. Combined estimate
    $20,709
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $19,135
    /mo
    based on the purchase price of $3,895,000
    $779,000 cash
    $3,116,000 financed
    $2,624,490 total interest
    Monthly payment$19,135/ month
    Principal54%$3,116,000
    Interest46%$2,624,490

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    or send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in Bracebridge

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 20 Kevin Crescent
      Sold
      Sign in for price
      20 Kevin Crescent
      Detached
    • 1032 Spring Lake Road
      Sold
      Sign in for price
      1032 Spring Lake Road
      Detached
    • 1011 Old Cottage Road
      Sold
      Sign in for price
      1011 Old Cottage Road
      Detached
    • 1101 Peter Road
      Sold
      Sign in for price
      1101 Peter Road
      Detached
    • 1109 Springdale Park Road
      Sold
      Sign in for price
      1109 Springdale Park Road
      Detached
    • 756 Browning Island
      Sold
      Sign in for price
      756 Browning Island
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    1040 7TH HEAVEN LaneThis home4 / 435,005,000$3,895,000ask———
    20 Kevin Crescent3 / 31,500—
    1032 Spring Lake Road3 / 21,500—
    Sold prices are hidden under TRREB rules. to reveal them.

    More detacheds in Bracebridge

    Active listings within ±20% of this asking price.

    • 1211 Waldmere Road
      $3,595,000
      1211 Waldmere Road
      Detached 3 2
    • 1666 Beaumont Drive
      $3,779,000
      1666 Beaumont Drive
      Detached 4 3
    • 1082 Beaumont Farm Road
      $3,995,000
      1082 Beaumont Farm Road
      Detached 5 5
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  17. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  18. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  19. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  20. Public listing courtesy of Royal LePage Lakes Of Muskoka - Clarke Muskoka Realty · displayed on Summitly per MLS® data-share rules

    1040 7TH HEAVEN Lane is a 4-bedroom, 4-bath, 3500-5000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  21. When was 1040 7TH HEAVEN Lane built?

    1040 7TH HEAVEN Lane was built in 6-15. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  22. What is the property tax for 1040 7TH HEAVEN Lane?

    The 'Property tax' tab in the History section shows the most recent annual tax for 1040 7TH HEAVEN Lane plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  23. How much would the monthly mortgage be on 1040 7TH HEAVEN Lane?

    The affordability calculator on this page shows an estimated monthly mortgage for $3,895,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  24. Has 1040 7TH HEAVEN Lane been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 1040 7TH HEAVEN Lane with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  25. What neighbourhood is 1040 7TH HEAVEN Lane in?

    1040 7TH HEAVEN Lane is in Muskoka (N), Bracebridge. The 'Neighbourhood' section below links to the live Bracebridge real estate hub with average sold price, days on market, and current inventory.

  26. Is Bracebridge a good place to live?

    Bracebridge is one of ON's actively-tracked Summitly markets. The full Bracebridge real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  27. 1011 Old Cottage Road
    3 / 2
    1,500
    —
    1101 Peter Road3 / 1700—
    1109 Springdale Park Road3 / 11,100—
    756 Browning Island4 / 1700—