1037 Milford Bay Road Muskoka Lakes, ON P0B 1E0
18 Beds
13 Baths
6,312 SqFt
UPDATED:
10/12/2024 08:32 PM
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
Abv Grd Liv Area 6,312
Originating Board The Lakelands
Annual Tax Amount $5,420
Lot Size 1.190 Acres
Acres 1.19
Property Description
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
Direction Hwy 118 W to Milford Bay Rd
Rooms
Basement Crawl Space, Unfinished
Kitchen 0
Interior
Interior Features Other
Heating Baseboard
Cooling None
Fireplace No
Laundry Coin Operated, Common Area
Exterior
Waterfront Yes
Waterfront Description Lake,Direct Waterfront,West,Beach Front,Lake/Pond
Roof Type Shingle
Lot Frontage 145.0
Lot Depth 312.0
Garage No
Building
Lot Description Near Golf Course, Highway Access, Schools, Trails, Visual Exposure
Faces Hwy 118 W to Milford Bay Rd
Story 2
Foundation Concrete Block, Poured Concrete, Stone
Sewer Septic Tank
Water Lake/River
Structure Type Concrete,Stone
New Construction No
Others
Senior Community No
Tax ID 481590320
Ownership Freehold/None