1184 Highway 118 Active

Bracebridge,ON P1L 1X1

$ 2650000

12 Beds

10 Baths

6688 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,688 sqft

Price per Sqft $396

MLS Listing ID 40585273

Bedrooms 12

Annual Tax Amount $4,821

Lot Size 32.600 Acres

Property Description

Welcome to 1184 Highway 118, a 10-unit multi-residential building + 3-bedroom caretaker or manager suite in the heart of Bracebridge. Fully renovated with new flooring, lighting, kitchens, electrical, roofing & more. This operation is turn-key, fully vacant and ready for you to set market rents and earn passive income. The property sits on approximately 36 acres in a prime location off of Highway 118 East; the main artery between Bracebridge and Haliburton. The property was used as a group home for 30+ years, there is a 9-bed capacity with the size potential for higher capacity. Large capacity septic system and recently upgraded fire sprinkler system. High speed Fibre optic Internet is also available. There is a pond and trails that were maintained in the past and provide great activity opportunities right on the property. RU-4 zoning allows for agricultural, BNB, boarding kennels, forestry operations, hobby farm, home industry, home occupation, market garden, woodland retreat, or group home. The possibilities are endless at 1184 Highway 118 and the journey is yours to create.

Location

Province ON

County Muskoka

Area Bracebridge

Zoning Ru-4

Rooms

Kitchen 0

Interior

Heating Electric

Cooling None

Laundry None

Exterior

Waterfront No

Roof Type Asphalt Shing

Building

Lot Description Highway Access

Story 2

Foundation Concrete Block

Sewer Septic Tank

Water Well

Structure Type Vinyl Siding

New Construction No

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