A festival featuring a huge snow tubing hill, skating and ice carving is returning to a town near Toronto next month.

The Fire & Ice festival in Bracebridge is a favourite among Bracebridge residents and those who travel for the festivities alike, and it is set to return on Jan. 27.

Fire & Ice, so named because each event at the festival is based around the theme of either fire or ice, offers a "unique approach to the traditional winter festival," with classic winter activities like snow tubing and skating paired with more modern favourites like axe throwing and cupcake decorating.

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During the one-day festival, Manitoba Street is shut down completely and truckloads of snow are brought in to blanket the road, turning it into a massive snow tubing hill for a due dose of frosty fun.

When it's time to warm up, the fire-themed events include cozy campfires where you can roast marshmallows and Bracebridge Hall, which is being transformed into an '80s inspired snow lodge for the day.

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And that barely scratches the surface of all the event has to offer. This year's itinerary also includes ice carving demonstrations, an interactive drum circle, a pancake breakfast and story time for little ones.

This year's festival will take place on Jan. 27, with tickets for adults (aged 13+) priced at $10 and $5 for ages 6-12. Tickets go on sale Dec. 20 and can be purchased online.