$3,999,900 FOR SALE

Investment

Lot: 395.34 x 0 ftTotal Area: 3,162 ft2
2023 Taxes: $7,220

2840 Highway 60 E
Lake Of Bays, ON P0A 1H0 | Muskoka

This Muskoka investment and development property is in an exceptional location. It has good visual exposure with both highway and beachfront road exposure. The property is situated across the road from beautiful Dwight Beach, docks, and boat launch. It offers breathtaking views of Lake of Bays, which is Muskoka's second-largest lake and has 365 miles of shoreline to explore. This family operated cottage resort with 7 cottage units and 5 bedroom century home has enormous potential for further tourist development. The area of Dwight is currently witnessing the construction of numerous large housing projects, which will not only enhance the existing cottage and tourist populations but also attract a significant year-round population. The charming village of Dwight offers a range of convenient amenities, such as local bakeries, restaurants, an LCBO, a grocery market with pharmacy, a gas station, garage, marinas, as well as unique shops, building/hardware store. Additionally, the area features various trails, including OFSC snowmobile & ATV trails, offering ample recreational opportunities. The community also boasts a public school, library, community center, township office, churches, and a seniors recreation hall. Entrepreneurs and developers will find this location excellent, providing an ideal setting to bring their innovative ideas to life. With an expansive beach, docks, and boat launch across the road, the appeal of this property is unique! The property is conveniently located a 15-minute drive away from the town of Huntsville, the Limberlost Forest Reserve Trails, and world-renowned Algonquin Park. Structures include: 3200 sq ft lodge/home with 5 BR, 7 cottage units - 5 cottages have 3 bedrooms, 2 cottages have 2 bedrooms all units have kitchens. Other buildings include a large barn. Information package available for this exceptional property. See the Virtual tour of this gorgeous property.

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Listed By RE/MAX ALL-STARS REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9375785
Last Updated Oct 01, 2024
Property Summary
Property Type Investment

More like this:
Use Cabins/Cottages
Category Accommodation
PIN 480670523
Legal Description 1)PIN - 480670712 - PT LT 10 CON 10 FRANKLIN PT 2-3 35R19180, EXCEPT PART 4 PLAN 35R25546; LAKE OF BAYS 2)PIN - 480670710 - PT LT 11CON 10 FRANKLIN PT 9-10 35R18515, EXCEPT PARTS 172 PLAN 35R25546; LAKE OF BAYS 3) PIN - 480670712 - PT LT 10 CON 10 FRANKLIN PT 2-2 35R19180, EXCEPT PART 4 PLAN 35R25546; LAKE OF BAYS
Occupancy Owner
Possession Date FLEXIBLE
Taxes (2023) $7,220
Tax Type Annual
Directions/Cross Streets Hwy 60/ Dwight Beach Rd
Area Muskoka
Price History
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Detailed Information
Freestanding Y
Bathrooms 9
Lot 395.34 x 0 ft
Lot Irregularities Irregular
Total Area 3,162 ft2
Approximate Age 100+
Air Conditioning N
Basement Y
Garage Type Other
Parking Spaces 20
Heat Type Oil Forced Air
Area Influences Major Highway, Rec Centre
Utilities Y
Water Supply Types Lake/River
Water Other
Survey Y
Lot/Bldg/Unit Code Building
Zoning House Keeping Cottages, C3
Seller Property Info Statement N

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