Condo TownhouseOn market 64 days

39 Southbank Dr #7, Bracebridge

Name: 39 Southbank Drive, Unit 7
SKU: X13687882
Price: 489000 CAD
Availability: InStock

Bracebridge, ON · · MLS® X13687882Updated August 18, 2026

$489,000Est. $2,402/mo mortgage

Bedrooms: 2
Bathrooms: 1
Living space: 1200–1399sq ft
Parking spaces: 1

Type Condo Townhouse
Lot 0 × 0
Basement Walk-Out, Finished

What you should know

39 Southbank Dr #7 is a 2-bedroom, 1-bathroom condo townhouse in Bracebridge, listed for $489,000. It has 1200-1399 sq ft of living space.

Embrace the Muskoka lifestyle in this beautifully renovated riverfront "Southbank" condo townhouse.
Ideally situated near parks, schools, shopping, restaurants, and downtown, this home offers both convenience and tranquility.
The main floor features a spacious entryway with heated floors, a kitchen equipped with brand-new appliances, and a two-piece bathroom off the front entrance.

Ask Zara:

2 Bed, 1 Bath Condo Townhouse in Bracebridge

Unit 7 at 39 Southbank Drive

Embrace the Muskoka lifestyle in this beautifully renovated riverfront "Southbank" condo townhouse. Ideally situated near parks, schools, shopping, restaurants, and downtown, this home offers both convenience and tranquility. Nestled on a secluded, low-traffic parcel along the Muskoka River, it provides direct water access to downtown, Muskoka Falls, and Lake Muskoka. Enjoy exceptional paddling opportunities dockside on the river. The main floor features a spacious entryway with heated floors, a kitchen equipped with brand-new appliances, and a two-piece bathroom off the front entrance. The living and dining areas boast hardwood floors and offer stunning views of the surrounding forest. Upstairs, there are two bedrooms and a four-piece bathroom all tastefully renovated and freshly painted. The main bath offers heated tile flooring while providing a bright and airy environment. The finished lower level includes an office/rec room, a utility room, and laundry facilities. The expansive family room or third bedroom has a large window and walkout access to the rear deck. Enjoy your evening beverage or morning coffee while surrounded by towering trees and wildlife. A short, scenic trail from the deck leads to a serene spot along the river, perfect for relaxing by a fire, enjoying the dock, swimming, or launching a kayak or paddle board. It's an idyllic setting for a summer day in Muskoka.

2 bedrooms, 1 bathroom, about 1,200 sq ft, works out to roughly $408 per square foot. Chat with Zara if you'd like a deeper read on whether this condo townhouse fits your budget and timing.

Inside 39 Southbank Dr #7

Every detail from the listing, in one place.

Type: Condo Townhouse
Style: 2-Storey
Living space: 1200-1399 sq ftas stated on the listing
Lot size: 0 x 0
Parking: 1 space
Basement: Walk-Out, Finished

Features & systems

Parking & garage

Parking spaces: 1

Interior

Basement: Walk-Out · Finished

Lot & land

Lot dimensions: 0 x 0
Lot size (sqft): 0

Listing & possession

Property style: 2-Storey
Property class: Condo Townhouse

39 Southbank Dr #7 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Aug 18, 2026For saleListedThis listingMLS® X13687882$489,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 39 Southbank Dr #7 Compares to the Bracebridge Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 209 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Bracebridge market, last 90 days

Median sold price: $649,000
Average sold price: $813,812
Average days on market: 41
Homes sold: 155

Closed sales on the TRREB MLS®.

Full Bracebridge market report

Recently sold nearby in Bracebridge

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

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Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 7 — 39 Southbank Drive 2 bd · 1 ba · 1,200 sqft	$489,000asking	$408	—	—
49 Southbank Drive 2 bd · 1 ba · 1,000 sqft
393 Manitoba Street 3 bd · 2 ba · 1,200 sqft
142 Ecclestone Drive 2 bd · 1 ba · 1,000 sqft
393 Manitoba Street 3 bd · 2 ba · 1,200 sqft
75 Southbank Drive 2 bd · 1 ba · 1,200 sqft
115 Southbank Drive 3 bd · 1 ba · 1,200 sqft

49 Southbank Drive
2 bd · 1 ba · 1,000 sqft
393 Manitoba Street
3 bd · 2 ba · 1,200 sqft
142 Ecclestone Drive
2 bd · 1 ba · 1,000 sqft
393 Manitoba Street
3 bd · 2 ba · 1,200 sqft
75 Southbank Drive
2 bd · 1 ba · 1,200 sqft
115 Southbank Drive
3 bd · 1 ba · 1,200 sqft

Living in Bracebridge: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

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Costs, Mortgage & Rental Return for 39 Southbank Dr #7

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $2,402; 20% down · 25 years · 5.5% assumed
Property tax: $269; 0.66% mill rate · ON
Total per month: $2,671; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$2,402

/mo

based on the purchase price of $489,000

Down payment20%

$97,800 cash

Amortization25 yr

$391,200 financed

Rate5.50%

$329,493 total interest

Principal54%$391,200

Interest46%$329,493

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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Listing brokerage: Chestnut Park Real Estate Ltd., Brokerage, Port CarlingMLS® X13687882 · Listing data last updated August 18, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. 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. © 2026 Toronto Regional Real Estate Board. All rights reserved.

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.

For sale· listed Aug 17· $408/sq ft

Estimated monthly mortgage$2,402/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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