LOADING

1037 Milford Bay Road Milford Bay, Ontario P0B 1E0

6312
Waterfront Acreage

$3,150,000

Make your dream of Lake Muskoka ownership a reality! This 11 unit, fully renovated, lakefront resort ticks all the boxes. 150 ft of gently sloping beach greets you at the water’s edge. Docking for several boats and a sprawling level parklike beach area encompasses your future vacation home or investment. Located conveniently in prestigious Milford Bay, this paradise invites you to push your vacation expectations to the limit. Visitors can enjoy boating, watersports, swimming, hiking, elegant dining, quaint shopping, it is a world-renowned destination. Once experienced, the allure of Muskoka will take your breath away. Investors and tourists alike flock to this pristine outdoor enthusiast’s heaven. Abutting the property on the east is majestic Huckleberry Rock providing ample trails with eye popping views of Lake Muskoka. Bracebridge is a short drive east and Port Carling is just a boat ride or 10-minute drive west. The professionally redone lodge has easy access from the walkout side and the upper drive provides direct access to the second floor. Enjoy sunsets from the western exposure at the waterfront. All units are fully rented and in high demand with no vacancies, creating an excellent cashflow (financials are available at a showing with a signed non-disclosure agreement.) This unique opportunity is governed by the Innkeepers Act (not the Landlord and Tenants Act) providing the owner with freedom to rent daily, weekly or monthly. The unit breakdown is as follows: 4-studio aprtmnts, 2-1 bdrm, 4-2 bdrm, 1-4 bdrm (a 12th unit is currently used for storage). An on-site coin laundry generates additional revenue. Book an appointment to view this one of a kind chance to become an owner on the largest most significant lake in Muskoka. This is a perfect scenario for the discerning buyer to use the 4 bdrm, 3 bth unit for their own, luxury use, while having the remaining 10 units produce ample income to offset the fixed and variable costs including a mort! (id:38443)

Business

Name Lake Muskoka Lodge Inc.

Property Details

MLS® Number 40540945
Property Type Hospitality
Communication Type High Speed Internet
Features Visual Exposure
Parking Space Total 27
Water Front Name Lake Muskoka
Water Front Type Waterfront

Building

Basement Type Crawl Space
Exterior Finish Vinyl Siding
Fire Protection Alarm System
Stories Total 2
Size Exterior 6312.0000
Size Interior 6312
Utility Water Lake/river Water Intake

Land

Acreage Yes
Sewer Septic System
Size Frontage 146 Ft
Size Irregular 1.2
Size Total 1.2 Ac|1/2 - 1.99 Acres
Size Total Text 1.2 Ac|1/2 - 1.99 Acres
Surface Water Lake
Zoning Description C1c & Cid

Utilities

Electricity Available
Telephone Available

https://www.realtor.ca/real-estate/26529254/1037-milford-bay-road-milford-bay

Interested?

Contact us for more information


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Mark Jurgeneit
Salesperson

(705) 205-3279
(705) 733-2200
https://www.kw.com/kw/agent/markj

Keller Williams Experience Realty, Brokerage (Unit B)
255 King Street, Unit B
Midland, Ontario L4R 3M8

(705) 720-2200
(705) 733-2200

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