1037 Milford Bay Road

Muskoka Lakes, ON

MLS® 40642296

For sale
$2,998,000

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
Property Type
Commercial
Rental Equipment Type
Hot Water Heater
Propane Tank
Waterfront Name
Lake Muskoka
Community Features
Ample Parking
Highway Access
Hospital
Marina
Visual Exposure
Other
Building
Basement Type
Crawl Space
Building Type
Hospitality
Building and Land
Construction Materials
Block
Concrete
Stone
Sewer
Septic Tank
Stories
2
Water Source
Lake/River
Building Amenities
High Speed Internet
Land
Lot Depth
312 ft
Lot Front
145.00 ft
Lot Size Area
1.19
Acres
0.50–1.99 Acres
Zoning
C1C & C1D
Walk Score
PSR Brokerage, Gravenhurst
PSR Brokerage, Gravenhurst

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Listing ID: 153641872
Last Updated: 2024-10-12 20:32:17