1037 Milford Bay Road

Muskoka Lakes, ON

MLS® 40642284

For sale
$2,998,000

Bedrooms
18
Bathrooms
13
Interior Size
6312 ft2
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!
Property Details
Listing Contract Date
2024-09-05
Parking Total
18
Property Type
Residential
Waterfront Name
Lake Muskoka
Community Features
Near Golf Course
Highway Access
Schools
Trails
Visual Exposure
Building
Basement Type
Crawl Space
Unfinished
Bathrooms
13
Bedrooms
18
Building Type
Multi Family
Construction Materials
Concrete
Stone
Heating
Baseboard
Roof
Shingle
Sewer
Septic Tank
Interior Size
6312 Square Feet
Stories
2
Water Source
Lake/River
Building Amenities
Other
Land
Lot Depth
312 ft
Lot Front
145.00 ft
Lot Size Area
1.19
Acres
0.50–1.99 Acres
Zoning
C1C & C1D
HoodQ
Steve Haid
Salesperson
PSR Brokerage, Gravenhurst
Joshua Chisvin
Salesperson
PSR Brokerage, Gravenhurst

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Not intended to solicit Sellers or Buyers currently under written contract with another REALTOR®. All measurements are approximate deemed to be from reliable sources, however buyer and buyer's agent to do their own due diligence. All information is deemed reliable but not guaranteed.

Listing ID: 153640511
Last Updated: 2024-10-12 20:32:17
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