Property TypeHospitality | Lot Size1.2 acres |
Building Area6312 |
Keller Williams Experience Realty, Brokerage (Unit B)
Property TypeHospitality | Lot Size1.2 acres |
Building Area6312 |
Make your dream of Lake Muskoka ownership a reality! This 11 unit, fully renovated, lakefront resort ticks all the boxes. 150 ft of gently sloping beach greets you at the water’s edge. Docking for several boats and a sprawling level parklike beach area encompasses your future vacation home or investment. Located conveniently in prestigious Milford Bay, this paradise invites you to push your vacation expectations to the limit. Visitors can enjoy boating, watersports, swimming, hiking, elegant dining, quaint shopping, it is a world-renowned destination. Once experienced, the allure of Muskoka will take your breath away. Investors and tourists alike flock to this pristine outdoor enthusiast’s heaven. Abutting the property on the east is majestic Huckleberry Rock providing ample trails with eye popping views of Lake Muskoka. Bracebridge is a short drive east and Port Carling is just a boat ride or 10-minute drive west. The professionally redone lodge has easy access from the walkout side and the upper drive provides direct access to the second floor. Enjoy sunsets from the western exposure at the waterfront. All units are fully rented and in high demand with no vacancies, creating an excellent cashflow (financials are available at a showing with a signed non-disclosure agreement.) This unique opportunity is governed by the Innkeepers Act (not the Landlord and Tenants Act) providing the owner with freedom to rent daily, weekly or monthly. The unit breakdown is as follows: 4-studio aprtmnts, 2-1 bdrm, 4-2 bdrm, 1-4 bdrm (a 12th unit is currently used for storage). An on-site coin laundry generates additional revenue. Book an appointment to view this one of a kind chance to become an owner on the largest most significant lake in Muskoka. This is a perfect scenario for the discerning buyer to use the 4 bdrm, 3 bth unit for their own, luxury use, while having the remaining 10 units produce ample income to offset the fixed and variable costs including a mort! (id:16261) |
CommunicationHigh Speed Internet | FeaturesVisual exposure |
OwnershipFreehold | Parking Spaces27 |
TransactionFor sale | WaterfrontWaterfront |
Water Body NameLake Muskoka | Zoning DescriptionC1C & CiD |
BasementCrawl space | Exterior FinishVinyl siding |
Fire ProtectionAlarm system | Size Exterior6312.0000 |
Size Interior6312.0000 | Storeys Total2 |
Utility WaterLake/River Water Intake |
Size Total1.2 ac|1/2 - 1.99 acres | Size Frontage146 ft |
AcreageYes | SewerSeptic System |
Size Irregular1.2 | Surface WaterLake |
Listing Office: Keller Williams Experience Realty, Brokerage (Unit B)
Data Provided by The Lakelands Association of REALTORS®
Last Modified :17/04/2024 03:24:27 PM
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