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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: X9301879

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! **** EXTRAS **** See Schedule C. (36673573)

Location Description

Hwy 118W and Milford Bay Rd

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Land Size
145 x 312 FT
Annual Property Taxes
$5,420.96
Total Parking Spaces
18
Time on REALTOR.ca
70 days

Building

Heating & Cooling
Heating Type
Baseboard heaters
Utilities
Utility Sewer
Septic System
Business
Business Type
Residential (Apartments)
Parking
Total Parking Spaces
18

Measurements

Square Footage
6312 sqft

Land

Lot Features
Frontage
145 ft
Land Depth
312 ft
Other Property Information
Zoning Description
C1C & C1D
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
PSR
Brokerage
416-360-0688
416-360-0687

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