2840 Highway 60 Route East, Lake of Bays | Image 1

2840 Highway 60 Route East

Lake of Bays

  • Commercial

$4,500,000
For Sale

Added 7 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Cabins/Cottages

  • Zoning: House Keeping Co

  • Age: 100+ years

  • Taxes: 7220

  • MLS®#: X6778296

  • Days on Site: 219 Days

  • Added: Aug 30, 2023 (7 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: RE/MAX ALL-STARS REALTY INC.

This property is a developers dream! Situated across the road from gorgeous Dwight Beach, this 8-ac commercial property offers breathtaking views of Lake of Bays. It boasts an incredible location with Hwy 60 frontage and presents itself as a year-round cottage resort. Potential for further development, including various tourist type endeavours, motel, more cottages + +. Dwight is currently witnessing the construction of numerous large housing projects, which will enhance the existing cottage and tourist populations and attract a significant year-round population. Dwight offers many convenient amenities; bakeries, restaurants, LCBO, groceries, pharmacy, gas station & marina. The area is a hub for trails, OFSC snowmobile, ATV trails & many recreational opportunities in Algonquin Park. Developers will find this location excellent, providing an ideal setting to bring your ideas to life. With a large beach & boat launch across the road, the appeal of this property is unique! See the VTour!

Extras

3000 sqft lodge/home with 5 BR, 6 cottage units, 1 - 2 level cottage with 2 units, # of Cottage BR - 18. Other buildings - Barn. Potential for more development and other property uses. Information package available.

Property

  • Status: Sale

  • Type: Cabins/Cottages

  • Property Type: Investment

  • Property Type: Accommodation

  • Age: 100+

  • Area: Lake of Bays

  • Availability Date: Negotiable

Inside

  • Bathrooms: 9

  • Air Conditioning: N

  • Washrooms: 9

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Oil Forced Air

  • Energy Certificate: N

  • Water Supply Type: Lake/River

  • Freestanding: Y

  • Water Supply: Other

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: Other

  • Covered Parking Spaces: 20

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 10 C 10 PT 2-3 35R19180, EXPT 4 P 35R25546

  • Taxes: $7,220

  • Expenses: Est

  • Insurance Fee: 6866

  • Hydro Expense: 14800

  • Heat Expenses: 2300

  • Taxes Type: Annual

  • Tax Year: 2023

Land

  • Cross Street: Hwy 60/ Dwight Beach

  • Municipality District: Lake of Bays

  • Lot Depth: 695.34 Feet

  • Lot Frontage: 304.22 Feet

  • Lot Irregularities: Irregular

  • Zoning: House Keeping Co

Additional Media

  • Virtual Tour: https://youtu.be/TfQp6A6Icqc

Commercial Specific

  • Total Area: 8.02

  • Total Area Metric: Acres

  • Area Influence: Major Highway

  • Area Influence: Rec Centre

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Building

  • Survey: Y

  • LLBO: N

See 3D Tour of 2840 Highway 60 Route East, Lake of Bays
Video Tour
Map of 2840 Highway 60 Route East, Lake of Bays
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