$2,998,000 FOR SALE

Commercial/Retail

Lot: 145 x 312 ft

1037 Milford Bay Road
Muskoka Lakes, ON P0B 1E0

Attention Muskoka Investors! Realize Your Dream Of Owning A Piece Of Lake Muskoka With This Fully Renovated, 11-Unit Lakefront Resort. Featuring 146 Feet Of Gently Sloping Beach, An Expansive Dock For Multiple Boats & A Sprawling, Level Parklike Beach Area, This Property Is Perfect For Both Personal Enjoyment And Investment Value. Nestled In Prestigious Milford Bay With Beautiful West Facing Sunsets, This Paradise Promises To Exceed Your Dream Vacation Expectations. Enjoy All That Muskoka Has To Offer With Boating, Water Sports, Swimming, Hiking, Elegant Dining & Quaint Shopping In This World-Renowned Destination. Adjacent To The Property, The Majestic Huckleberry Rock Offers Scenic Trails With Breathtaking Views Of Lake Muskoka. With Bracebridge A Short Drive To The East & Port Carling Just A Boat Ride Or A 10- Minute Drive To The West, Convenience Is At Your Doorstep. The Lodge, Professionally Renovated, Features Easy Access From The Walkout Side, While The Upper Area Provides Direct Access To The Second Floor. All Units Are Fully Rented & In Very High Demand, Ensuring Excellent Cash Flow. Governed By The Innkeepers Act Rather Than The Landlord And Tenant Act, This Unique Opportunity Offers The Owner The Flexibility To Rent Daily, Weekly, Or Monthly. The Resort Comprises Four Studio Apartments, Two One-Bedroom Units, Four Two-Bedroom Units, And One Four-Bedroom Unit With A 12th Unit Currently Used For Storage & On-Site Coin Laundry For Convenience & Additional Revenue. Furthermore, The Lake Muskoka Lodge Name & Business Can Be Transferred To The Newly Appointed Owner. This Is An Unparalleled Opportunity To Own Investment Property On Beautiful Lake Muskoka. The Options Are Endless, Whether You Plan To Rent The Entire Resort For Maximum Cash Flow, Occupy A Unit Yourself, Or Plan According To Your Life's Desires. Don't Miss This Very Rare Opportunity On Prestigious Lake Muskoka! (id:47423)

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Listed By PSR Brokerage, Gravenhurst
Data Provided By OnePoint - The Lakelands
MLS® Listing Number 40642296
Last Updated Sep 05, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Subdivision Monck (Muskoka Lakes)
Price History
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Detailed Information
Lot 145 x 312 ft
Amenities Nearby Hospital, Marina
Communication Type High Speed Internet
Equipment Propane Tank, Water Heater
Features Visual exposure
Listing Contract Date 2024-09-05
Location Description Muskoka Rd 118 W to Milford Bay Rd.
Ownership Type Freehold
Property Type Hospitality
Rental Equipment Propane Tank, Water Heater
Transaction Type For sale
Waterfront Type Waterfront
Waterfront Name Lake Muskoka
Zoning Description C1C & C1D
Business
Name Lake Muskoka Lodge Inc.
Building
Basement Type Crawl space
Construction Material Concrete block, Concrete Walls
Exterior Finish Concrete, Stone
Foundation Type Block
Stories Total 2
Size (Exterior) 6312
Utility Water Lake/River Water Intake
Land
Total Size 1.19 acres
Access Type Road access, Highway access
Acreage Yes
Amenities Hospital, Marina
Sewer Septic System
Size of Irregular Land 1.19
Surface Water Lake

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