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23 Spencer Street, Bracebridge, ON P1L 0B7

4 beds · 3 baths · 1 kitchen · 11 rooms · 3 parking spaces · 2000-2500 sq ft · Att/Row/Townhouse
$779,000
Property tax
$5,487 / year

The Waterways is a unique and coveted enclave of newly built homes that make you feel like you've entered a beautiful private community. Situated on the banks of the Muskoka River, you can enjoy water sports at your own leisure, an afternoon swim or a good book on the park bench. The current owner purchased 23 Spencer Street as a model home Freehold End Unit.. The build is ideal for someone who appreciates quality finishes and a bright and open concept floor plan. The primary bedroom is ideally located on the main floor making it feel like a bungalow. Three bedrooms on the second floor for overnight guests or extended family, an office or even a studio. Walls of windows on three sides allow natural light to flood the over 2,200 above grade square feet. Soaring ceilings in the primary bedroom and great room, large chefs kitchen with movable island, gas stone fireplace, double car driveway and access to a large mudroom from the garage are just a few of the upgrades you find in this home. Fibre optics are in place for quality internet and cable connections. Maintenance free living with a monthly fee covering grass cutting and snow removal with all the enjoyment of it being a freehold home. Simply put, this home is ideal for somebody who doesn't want to sacrifice square footage. Enjoys main floor living. Likes the outdoors without all of the maintenance and has the security of living in a private and close knit community.

MLS number
X13769754
Type
Att/Row/Townhouse
Status
Active
Bedrooms
4
Bathrooms
3
Postal code
P1L 0B7
Photos
43
1days · this listing
389days · this property (5 listings)

This home has been listed 5 times in the last two years. "This property" adds up the days each of those listings was actually on the market before being withdrawn, suspended or expiring — the quiet months between them are not counted.

Listing history

389 days on the market across 5 listings
This listing shows 1 day on its own. The counter restarts each time a property is relisted, so the total above is how long it has actually been for sale. Time when it was off the market is not counted.

This address has been listed 5 times.

Sale history is for registered usersSee what this address sold for and when, across all 5 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this home is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
AAEC's/e-Learning
Trillium Lakelands DSB
Secondary1.1 km7.7 / 10
77% met the standard · 2 of 6 measures
Bracebridge Public School
Trillium Lakelands DSB
Elementary1.1 km7.5 / 10
75% met the standard
Monck Public School
Trillium Lakelands DSB
Elementary1.1 km7.8 / 10
78% met the standard
Monsignor Michael O'Leary School
Simcoe Muskoka CDSB
Elementary1.9 km5.7 / 10
57% met the standard
St Dominic Catholic Secondary School
Simcoe Muskoka CDSB
Secondary2.5 km5.9 / 10
59% met the standard · 2 of 6 measures
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 670 people.

$96,000Median household income
84.5%Own their home
71.4%Detached houses
53.6Median age
7.5%Born outside Canada
20.7%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35440207 — the few blocks around this address, home to 670 people. It describes the area, not this property.

670Population
49.2Average age
2.4Household size
$112,000Average household income
$96,000Median household income
85%Own their home
16%Rent
17%Condominiums
8%Born outside Canada
21%University degree
$655,000Average home value
4%Low income
19%Never married
$20,000 to $24,9991%
$40,000 to $44,9992%
$45,000 to $49,9991%
$50,000 to $59,9996%
$60,000 to $69,9996%
$70,000 to $79,9996%
$80,000 to $89,9997%
$90,000 to $99,9994%
$100,000 and over33%
$100,000 to $124,9999%
$125,000 to $149,9999%
$150,000 to $199,9997%
$200,000 and over7%

Percentages are of the 405 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$155,800 · minimum here is $52,900
$3,449.24per month
Borrowed before insurance$623,200
Total borrowed$623,200
Interest over 25 years at 4.5%$411,573

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$2,608.49per month out of pocket
Rent$1,298.00
Everything it costs to hold$3,906.49
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX ESCARPMENT REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.