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

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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 On market 32 days

    87 Southbank Drive

    Macaulay·Bracebridge, ON·P1L 1G2·Near Eccelstone

    • 2 beds
    Bracebridge real estate›X12756756
    • 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

    Beautiful 2 Bedroom 3 Storey Condo Townhouse on a Quiet Cul-De-Sac yet minutes to all Amenities. Professionally Renovated over the last 2 years a Turn Key Offering. Some of the Upgrades include all New Windows on Upper Levels, Ductless Heating and Cooling, all Window Treatments and all New Light Fixtures and Door Hardware throughout. Walking off the Charming Front Porch into a Spacious Foyer. On the Main Level the Kitchen has been Renovated with New Corian Countertops, New Sink and Fixtures and all New Appliances. Also on the Main Level is a Charming Living Room with Hardwood Flooring and a Walk out to a Private Deck. The Deck Overlooks a Treed Ravine. The Powder Room was Completely Gutted with a New Toilet, Vanity, Mirror, and Medicine Cabinet. The Stairs Leading to the Upper Level have been Professionally Painted. Upstairs you will find a Lovely Guest Room and a Spacious Primary. The Main Bath upstairs was also Gutted and Features a New Tub, Tile, Toilet, Vanity, Mirror, Medicine Cabinet and a New Barn Door. The Lower Level has a Walkout and Features a Comforting Gas Stove. The Laundry Room was Remodelled and Features a New Washer and Dryer. An Additional Electrical Sub Panel was Installed. The Unit is being Sold Partially Furnished. This Unit offers Exceptional Value in the Delightful Community of Bracebridge, Muskoka.

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

    AI highlights by Zara
    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
    Feb 4, 2026ListedCurrentFor sale$475,000 —X12756756This page
    Aug 18, 2025Previously listedTer$448,000 —X12349691View
    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

      3
      Heating
      Heat Pump
      Air conditioning
      Wall Unit(s)
      Fireplaces
      1
    Location & lifestyle

    Getting around, schools & the block

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

    📍 87 Southbank Drive
    What's nearby

    Points of interest classified by the MLS® feed.

    • Hospital
    • Library
    • Marina
    • Public Transit
    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
    $2,334
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $108
    0.27% 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
      $820,513
      Last 30 days
    • Median sold price
      $645,000
      Middle of the market
    • Days on market
      51 d
      Avg from list to close
    • Closed last 30d
      101
      MLS® transactions
    Full Bracebridge market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 87 Southbank Drive — 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 87 Southbank Drive 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 87 Southbank Drive listed for?

      87 Southbank Drive is listed at $475,000 on the MLS® (listing X12756756). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 87 Southbank Drive 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. 2 baths
  2. 900-999 sqft
  3. Condo Townhouse
  4. Asking
    $475,000
    $1 / sqft · MLS® X12756756
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $598,974
    $551,057Confidence range$646,892
    Asking vs estimate
    ↓below
    −$123,974
    (-20.7%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 2 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Bracebridge sell in about 51 days — this one has been listed 32 days.

    Avg sold price
    $820,513
    Median sold
    $645,000
    Avg days on market
    51
    Recently sold
    101
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    • Professionally Renovated over the last 2 years a Turn Key Offering.
    • Walking off the Charming Front Porch into a Spacious Foyer.
    • On the Main Level the Kitchen has been Renovated with New Corian Countertops, New Sink and Fixtures and all New Appliances.
    • Also on the Main Level is a Charming Living Room with Hardwood Flooring and a Walk out to a Private Deck.
    Ask Zara a follow-up

    Parking & garage

    3
    Garage
    None
    Parking spaces
    2
    Driveway
    2
  6. Interior

    4
    Basement
    Finished with Walk-Out
    Family room
    Y
    Kitchens
    1
    Total rooms
    8
  7. Exterior & construction

    6
    Exterior
    Wood
    Roof
    Asphalt Shingle
    Foundation
    Block
    View
    Forest, River, Trees/Woods
    Patio
    Open
    Balcony
    Open
  8. Lot & land

    1
    Zoning
    Condominium
  9. Listing & possession

    4
    Possession
    2026-02-27T00:00:00.000-00:00
    Occupancy
    Flexible
    Property style
    2-Storey
    Property class
    Condo Townhouse
  10. Room-by-room · 10 rooms

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

    Room dimensions

    Main level

    4 rooms
    • Living Room
      12.5 × 13.9 ft
    • Kitchen
      12.0 × 8.8 ft
    • Bathroom
      2 Pc Bath
      5.0 × 6.1 ft
    • Dining Room
      7.8 × 8.3 ft

    Second level

    3 rooms
    • Bedroom
      12.0 × 10.4 ft
    • Bathroom
      4 Pc Bath
      4.9 × 8.4 ft
    • Primary Bedroom
      12.5 × 14.1 ft

    Lower level

    2 rooms
    • Recreation
      20.2 × 22.8 ft
    • Laundry
      12.0 × 8.0 ft

    Basement level

    1 room
    • Other
      7.9 × 2.8 ft

    Condo corporation & monthly fees

    Maintenance fee, what's included, locker, exposure, amenities, and condo corp details.

    Monthly maintenance
    Condo corp fees
    $530
    per month
    Maintenance fee includes
    • Parking
    Building details
    • Unit3
    • Storeys (building)1
    • ExposureEast
    • LockerNone
    • Parking typePrivate
    • Pet policyYes-with Restrictions
    • Ensuite laundryN
    • Condo corpMuskoka
    • Corp #13
    • Property managerMuskoka Condominium Corporation
  11. Rec./Commun.Centre
  12. Combined estimate
    $2,442
    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
    $2,334
    /mo
    based on the purchase price of $475,000
    $95,000 cash
    $380,000 financed
    $320,060 total interest
    Monthly payment$2,334/ month
    Principal54%$380,000
    Interest46%$320,060

    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.

    Create account & email meor send as guest
    Get pre-approved in minutes

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

    Get pre-approved

    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 and condo fees.

    Comparable condo townhouses that just sold in Bracebridge

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

    • 115 Southbank Drive
      Sold
      Sign in for price
      115 Southbank Drive
      Condo Townhouse
    • 393 Manitoba Street
      Sold
      Sign in for price
      393 Manitoba Street
      Condo Townhouse
    • 393 Manitoba Street
      Sold
      Sign in for price
      393 Manitoba Street
      Condo Townhouse
    • 55 Shoreline Drive
      Sold
      Sign in for price
      55 Shoreline Drive
      Condo Townhouse
    • 15 Golf Course Road
      Sold
      Sign in for price
      15 Golf Course Road
      Condo Townhouse
    AddressBd / BaSqftSold$/sqft% of askSold
    87 Southbank DriveThis home2 / 2900,999$475,000ask$1——
    115 Southbank Drive3 / 31,200—
    393 Manitoba Street3 / 31,200—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More condo townhouses in Bracebridge

    Active listings within ±20% of this asking price.

    • 97 Shoreline Drive
      $529,000
      97 Shoreline Drive
      Condo Townhouse 3 3
    • 393 Manitoba Street
      $499,000
      393 Manitoba Street
      Condo Townhouse 3 3
    • 393 Manitoba Street
      $569,000
      393 Manitoba Street
      Condo Townhouse 3 4
    • 75 Southbank Drive
      $434,900
      75 Southbank Drive
      Condo Townhouse 2 2
    • 142 Ecclestone Drive
      $439,000
      142 Ecclestone Drive
      Condo Townhouse 2 2
    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.

  13. One team, no handoffs

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

  14. Showings on YOUR schedule

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

  15. Mortgage that closes

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

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

    87 Southbank Drive is a 2-bedroom, 2-bath, 900-999 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  17. When was 87 Southbank Drive built?

    The year built for 87 Southbank Drive isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  18. What is the property tax for 87 Southbank Drive?

    The 'Property tax' tab in the History section shows the most recent annual tax for 87 Southbank Drive plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  19. How much would the monthly mortgage be on 87 Southbank Drive?

    The affordability calculator on this page shows an estimated monthly mortgage for $475,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  20. Has 87 Southbank Drive been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 87 Southbank Drive with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  21. What neighbourhood is 87 Southbank Drive in?

    87 Southbank Drive is in Macaulay, Bracebridge. The 'Neighbourhood' section below links to the live Bracebridge real estate hub with average sold price, days on market, and current inventory.

  22. 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.

  23. 393 Manitoba Street
    3 / 4
    1,200
    —
    55 Shoreline Drive3 / 31,800—
    15 Golf Course Road2 / 21,000—