1037 Milford Bay Road, Muskoka Lakes | Image 1

1037 Milford Bay Road

Muskoka Lakes

  • 0 bed 0 bath 5000 sqft
$2,998,000 est.*: $10,156/mo
For Sale

Added 2 months ago

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  • Type: Multiplex

  • Style: 2-Storey

  • Size: 5000 sqft

  • Lot Size: 145 x 312 Feet

  • Age: No Data

  • Taxes: $5,421 per year

  • Days on Site: 29 Days

  • Added: Sep 05, 2024 (2 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • MLS®#: X9301877

  • Listed By: Psr

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!

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Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: 2-Storey

  • Size (sq ft): 5000

  • Area: Muskoka Lakes

  • Availability Date: Flexible

Inside

  • Den/Family Room: Yes

  • Air Conditioning: None

  • Fireplace: Yes

  • Laundry Level: Main

Building

  • Basement: Crawl Space

  • Heat Type: Baseboard

  • Heat Source: Electric

  • Exterior: Alum Siding

  • Water Supply Type: Lake/River

  • Water Supply: Other

  • Special Designation: Unknown

Parking

  • Driveway: Available

  • Garage Type: None

  • Covered Parking Spaces: 12

  • Total Parking Spaces: 12

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 26-27 CON 11 MONCK AS IN DM108235 (SECONDLY)

  • Taxes: $5,421

Highlights

  • Feature: Beach

  • Feature: Golf

  • Feature: Hospital

  • Feature: Lake/Pond

  • Feature: School

  • Feature: Waterfront

Land

  • Cross Street: Hwy 118W and Milford

  • Municipality District: Muskoka Lakes

  • Fronting On: East

  • Pool: None

  • Sewer: Septic

  • Lot Depth: 312 Feet

  • Lot Frontage: 145 Feet

  • Acres: .50-1.99

  • Waterfront: Direct

  • Water Body Name: Muskoka

  • Water Body Type: Lake

  • Access To Property: Private Docking

  • Access To Property: Yr Rnd Municpal Rd

  • Easements Restrictions: Unknown

  • Water Features: Beachfront

  • Shoreline: Clean

  • Shoreline: Sandy

  • Shoreline Allowance: Owned

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Car-Dependent

  • Almost all errands require a car.
8 /100

Somewhat Bikeable

  • Almost all errands require a car.
12 /100
JK-8

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Macaulay Public School

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Monsignor Michael O'Leary School

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Bracebridge Public School

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Monck Public School

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