156/158 Park Rd is a 2-bedroom, 2-bathroom duplex in Bracebridge, listed for $489,888. It has 1100-1500 sq ft of living space.
1The property features two spacious 1-bedroom units, each offering a 4-piece bathroom, comfortable living area, functional kitchen, and access to a level backyard.
2The second unit also features an updated bathroom and is currently tenanted, providing immediate rental income.
3Fresh Exterior paint, new windows, new updated large separate parking space for 3 vehicles or an RV and one vehicle.
Conveniently located in the heart of Bracebridge, this well-maintained duplex presents an excellent opportunity for investors, first-time buyers, or those looking to offset their mortgage with rental income. The property features two spacious 1-bedroom units, each offering a 4-piece bathroom, comfortable living area, functional kitchen, and access to a level backyard. One of the units has been extensively updated with fresh interior paint, new storm doors, new flooring, updated bathroom, new appliances, new front decks, new + improved back decking for outdoor enjoyment along with Bell Fibre Optic. This unit is currently owner-occupied and will be provided vacant upon possession, allowing a new owner to move in or establish their own market rent. The second unit also features an updated bathroom and is currently tenanted, providing immediate rental income. Fresh Exterior paint, new windows, new updated large separate parking space for 3 vehicles or an RV and one vehicle. Each unit has Separate hydro, gas and water & sewer meters. Adding further potential, the property may offer the possibility of creating a third accessory unit, subject to municipal approvals, providing an opportunity to increase future income and overall property value. Economical to operate with natural gas heating, municipal water and sewer, this property is situated in a highly desirable Bracebridge rental market where quality 1-bedroom units continue to command strong rental rates. This is a great opportunity to invest in the heart of Muskoka-an area benefiting from continued population growth, strong tourism and consistent demand for quality rental accommodations. An ideal combination of location, income potential, and future upside.
2 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $445 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this duplex fits your budget and timing.
Inside 156/158 Park Rd
Every detail from the listing, in one place.
Type
Duplex
Style
Bungalow
Living space
1100-1500 sq ftas stated on the listing
Parking
4 spaces
Basement
None
Features & systems
Parking & garage
Parking spaces
4
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Duplex
156/158 Park Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13705774$489,888
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 156/158 Park Rd Compares to the Bracebridge Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,407
/mo
based on the purchase price of $489,888
$97,978 cash
$391,910 financed
$330,091 total interest
Principal54%$391,910
Interest46%$330,091
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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.
Similar homes for sale nearby in Bracebridge
Other 4-bed homes for sale in Bracebridge around $490K.
Average days on market41Homes sold in about 41 days on average.
Sale-to-list ratio95.3%On average, homes sold below asking.
Active listings220Homes for sale here right now.
Median vs prior 90 days+13.9%Compared with Apr 24 – Jul 23, 2026: prices up.
Based on 155 sales from Jul 23 – Oct 21, 2026 (81 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 156/158 Park Rd
How much is 156/158 Park Rd listed for?
156/158 Park Rd is listed at $489,888 (MLS® X13705774). Summitly updates the price as soon as the MLS® record changes.
Is $489,888 a good price for 156/158 Park Rd?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Bracebridge. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 156/158 Park Rd changed?
No — 156/158 Park Rd is still listed at its original asking price of $489,888.
How many bedrooms and bathrooms does 156/158 Park Rd have?
156/158 Park Rd has 2 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a duplex in Bracebridge.
How much would the monthly mortgage be on 156/158 Park Rd?
About $2,407 a month — principal and interest on $489,888 with 20% down ($97,978), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 156/158 Park Rd compare with other homes in Bracebridge?
Its asking price of $489,888 is about 25% below the median sold price in Bracebridge over the last 90 days, $649,000, across 155 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 156/158 Park Rd been sold before?
Summitly has no earlier MLS® sale or lease of 156/158 Park Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 156/158 Park Rd?
156/158 Park Rd is in Bracebridge, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 156/158 Park Rd been on the market?
58 days — 156/158 Park Rd was listed on August 24, 2026.
What is the price per square foot of 156/158 Park Rd?
About $327 to $445 per square foot: the asking price of $489,888 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 156/158 Park Rd have parking or a garage?
Yes — the listing gives 4 parking spaces.
Does 156/158 Park Rd have a basement, and is it finished?
