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1037 MILFORD BAY Road Muskoka Lakes

1037 MILFORD BAY Road, Muskoka Lakes

$2,998,000

6,312 Square Feet
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:45839)
  • Listing ID: 40642296
  • Property Type: Hospitality
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Details

  • Amenities Nearby: Hospital, Marina
  • Communication: High Speed Internet
  • Equipment: Propane Tank, Water Heater
  • Features: Visual exposure
  • Ownership: Freehold
  • Rental Equipment: Propane Tank, Water Heater
  • Transaction: For sale
  • Waterfront: Waterfront
  • Water Body Name: Lake Muskoka
  • Zoning Description: C1C & C1D

Building

  • BasementType: Crawl space
  • Constructed Material: Concrete block, Concrete Walls
  • Exterior Finish: Concrete, Stone
  • Fireplace Present: False
  • Foundation: Block
  • Size Exterior: 6312.0000
  • Size Interior: 6312 sqft
  • Stories Total: 2
  • Utility Water: Lake/River Water Intake

Land

  • Access Type: Road access, Highway access
  • Acreage: true
  • Amenities: Hospital, Marina
  • Sewer: Septic System
  • Size Depth: 312 ft
  • Size Frontage: 145 ft
  • Size Irregular: 1.19
  • Size Total: 1.19 ac|1/2 - 1.99 acres
  • Surface Water: Lake

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    Looking for more information or to schedule a showing? Contact Christine Smith today.

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    This property for sale is located at 1037 MILFORD BAY Road in Muskoka Lakes. It was last modified on September 5th, 2024. Contact Christine Smith to schedule a viewing or to discover other Muskoka properties for sale.

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