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Home ON Muskoka Lakes
1037 MILFORD BAY Road
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1037 MILFORD BAY Road $2,998,000
$2,998,000
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1037 MILFORD BAY Road
Muskoka Lakes, Ontario P0B1E0

MLS® Number: 40642284
18
Bedrooms
13
Bathrooms
6312
Square Feet

Listing 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! (68013827)

Location Description

Hwy 118 W to Milford Bay Rd

Property Summary

Property Type
Multi-family
Storeys
2
Square Footage
6312 sqft
Subdivision Name
Monck (Muskoka Lakes)
Title
Freehold
Land Size
1.19 ac|1/2 - 1.99 acres
Annual Property Taxes
$5,420.96
Parking Type
Visitor Parking
Time on REALTOR.ca
70 days

Building

Bathrooms
Total
13
Interior Features
Basement Type
Crawl space (Unfinished)
Building Features
Features
Visual exposure, Laundry- Coin operated
Foundation Type
Block
Total Units
11
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters
Utilities
Utility Sewer
Septic System
Water
Lake/River Water Intake
Exterior Features
Exterior Finish
Concrete, Stone
Neighbourhood Features
Amenities Nearby
Golf Nearby, Schools
Parking
Parking Type
Visitor Parking
Total Parking Spaces
18

Measurements

Square Footage
6312 sqft
Above Grade Finished
6312 sqft
Source: Other

Land

Lot Features
Frontage
145 ft
Land Depth
312 ft
View
Direct Water View
Other Property Information
Access
Road access, Highway access
Zoning Description
C1C & C1D
Waterfront Features
Waterfront
Waterfront
Waterfront Name
Lake Muskoka
Surface Water
Lake
Data provided by: OnePoint - The Lakelands 34 Cairns Crescent, Huntsville, Ontario P1H 1Y3

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