1037 Milford Bay Road Active

Muskoka Lakes,ON P0B 1E0

$ 2998000

18 Beds

13 Baths

6312 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,312 sqft

Price per Sqft $474

MLS Listing ID 40642284

Bedrooms 18

Annual Tax Amount $5,420

Lot Size 1.190 Acres

Property Description

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!

Location

Province ON

County Muskoka

Area Muskoka Lakes

Zoning C1C & C1D

Rooms

Kitchen 0

Interior

Heating Baseboard

Cooling None

Laundry Coin Operated,Common Area

Exterior

Waterfront Yes

Waterfront Description Lake,Direct Waterfront,West,Beach Front,Lake/Pond

Roof Type Shingle

Building

Lot Description Near Golf Course,Highway Access,Schools,Trails,Visual Exposure

Story 2

Foundation Concrete Block,Poured Concrete,Stone

Sewer Septic Tank

Water Lake/River

Structure Type Concrete,Stone

New Construction No

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