Muskoka Lakes, ON P0B1E0 1037 MILFORD BAY Road
$2,998,000
35 more
Presented By: PSR Brokerage, Gravenhurst
Home Details
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! (id:7434)
Presented By: PSR Brokerage, Gravenhurst
Interior Features for 1037 MILFORD BAY Road
Other Interior Features
Basement DevelopmentUnfinished
Basement TypeCrawl space (Unfinished)
Building Fireplace PresentTrue
Building Fireplace Total1
Building Fireplace TypeOther - See remarks
Building Heating TypeBaseboard heaters
Construction MaterialConcrete block, Concrete Walls
Construction Style AttachmentDetached
Fireplace FuelPropane
General for 1037 MILFORD BAY Road
AmenitiesBeach, Golf Nearby, Hospital, Marina, Schools
Building Architectural Style2 Level
Building Cooling TypeNone
Building TypeHouse
Building.StoriesTotal2
FeaturesVisual exposure, Recreational, Laundry- Coin operated
Foundation TypeBlock
Location DescriptionHwy 118 W to Milford Bay Rd
Ownership TypeFreehold
Parking Space Total18
Property TypeSingle Family
Zoning DescriptionC1C & C1D
Exterior for 1037 MILFORD BAY Road
Exterior FinishConcrete, Stone
Land Amenities Beach, Golf Nearby, Hospital, Marina, Schools
SewerSeptic System
ViewTypeDirect Water View
Water Front NameLake Muskoka
Water Front TypeWaterfront
Additional Details
Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty