$875,000 FOR SALE

Fourplex

Bedrooms: 7Bathrooms: 4Lot: 306 x 97 ft

1411 Hwy 11 South
Kilworthy, ON P0E 1G0

Welcome to an exceptional commercial opportunity on Highway 11 in Kilworthy! This property has coveted C-3* commercial zoning, surrounded by Crown Land, including 4 rental units: 1-bed Bungalow, a 2-storey Duplex with upper and lower rental units (including a spacious 1-bed and a 3-bed), and an additional 2-bed Bungalow. Features include: newer bathrooms, new paint, new Hot Water Tank in 1-bed Bungalow, Forced Air Furnaces and Central A/C units in the 2-storey Duplex, along with Two Separate Hydro Meters, ensuring comfort for tenants or clients. Drilled Well, Septic System, and Propane Fuel services the property. Convenience is paramount, with nearby access to Sparrow Lake, Lake Couchiching, Lake Muskoka and downtown Gravenhurst just a short drive away. The property's C-3* zoning permits a wide range of uses, from bed and breakfasts to retail stores, garden centers, and more, catering to various business ventures. Surrounded by the tranquil beauty of the forest, the property enjoys a serene setting despite its high exposure location along Highway 11 South. Its prominent visibility ensures maximum exposure to passing motorists, making it ideal for businesses seeking high traffic and visibility, or centrally located rental units. An incomplete addition on the property requires demolition, with quotes readily available for interested parties. Don't miss out on this exceptional opportunity in Kilworthy. (id:47423)

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Listed By Right At Home Realty, Brokerage
Data Provided By The Oakville, Milton & District Real Estate Board
MLS® Listing Number 40618756
Last Updated Jul 10, 2024
Property Summary
Property Type Fourplex

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Subdivision Gravenhurst
Price History
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Detailed Information
Bedrooms 7
Bathrooms 4
Lot 306 x 97 ft
Community Features High Traffic Area
Equipment Propane Tank
Features Crushed stone driveway
Listing Contract Date 2024-07-10
Location Description Travel North of Hwy 11 S and turn right on S Kashe Lake Rd follow the signs to the Hwy 11 S Turnaround Sign to Kilworthy Rd. then turn right on to Kilworthy Rd and follow it back to Hwy 11 S and travel 4.1 km South until 1411 Hwy 11 S
Ownership Type Freehold
# of Parking Spaces 6
Property Type Multi-family
Rental Equipment Propane Tank
Structures Shed
Transaction Type For sale
Zoning Description C3
Building
Basement Development Unfinished
Basement Type Crawl space (Unfinished)
Cooling Type Central air conditioning
Exterior Finish Vinyl siding
Foundation Type Poured Concrete
Heating Fuel Propane
Heating Type Baseboard heaters, Forced air
Stories Total 2
Type Fourplex
Utility Water Well
Land
Total Size 0.616 acres
Access Type Road access, Highway access
Sewer Septic System
Size of Irregular Land 0.616
External Links

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