Added 2 months ago
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Type: Sale Of Business
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Property Type: Commercial
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Business Type: Other
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Zoning: R1
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Age: New
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Taxes: 535.88
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MLS®#: X9284573
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Days on Site: 60 Days
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Added: Aug 30, 2024 (2 months ago)
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Updated:
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Last Checked: 3 hours ago
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Listed By: COTTAGE VACATIONS REAL ESTATE BROKERAGE
OPEN HOUSE Nov 3rd: 11:30am-1:30pm. Incredible investment opportunity in the heart of Port Carling - hub of the Muskoka Lakes. Located at the busy intersection of West St and Muskoka Rd 118W, only steps from the vibrant downtown of Port Carling, sits The Port Carling House - a brand new 15-unit guest house set up for short-term rental accommodations, with suites currently marketed on various platforms including Expedia, Airbnb, VRBO, and other popular sites. The building is equipped with an RFID keyless entry system throughout (keycard and/or mobile phone entry), providing for a low-maintenance operation. The main-floor features 8 self-contained guest rooms (4 with walk-out decks), a beautiful full kitchen/bar/entertainment common area, an office, vending/breakfast room, 6 baths, and 2 main entrance doors equipped with RFID. The lower-level features 7 more guest suites, 4 bathrooms, a large common area, 3 bonus rooms, utility room, laundry room, storage room, a large linen storage room, and 2 entrance doors from the exterior. Some of the building features include town sewer and water, a 400-amp service, resilient channel and absorptive material in every interior wall, fire-rated steel doors, commercial HRV LifeBreath, radiant/propane heating (220,000 BTU tankless hot water heater), security/camera system, every unit is built to fire/sprinkler code and commercial STC sound rating. The property is zoned R1, permitting a multitude of primary and accessory uses. Explore further development avenues to further enhance the guest experience - current development is at 18% lot coverage with 35% lot coverage permitted under zoning. There is ample space available to explore a pool, hot-tub, spa, accessory structures, and much more. The location boasts an incredible walk score with everything a tourist needs within a short walking distance.
Property
Status: Sale
Type: Other
Property Type: Sale Of Business
Property Type: With Property
Age: New
Area: Muskoka Lakes
Availability Date: Flexible
Assessment Amount: $59,000
Assessment Year: 2024
Inside
Bathrooms: 10
Air Conditioning: Y
Washrooms: 10
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Radiant
Outside Storage: N
Water Supply: Municipal
Physically Handicapped-Equipped: Y
Amps: 400
Parking
Garage Type: None
Fees
Tax Year: 2024
Tax Legal Description: PT LT 30 CON 4 MEDORA PTS 1, 2, 3 & 4, 35R25951; S/T DM372774; M
Taxes: $536
Expenses: Est
Taxes Type: Annual
Taxes: 268
Land
Cross Street: Medora Street
Municipality District: Muskoka Lakes
Parcel Number: 481500485
Lot Depth: 117.5 Acres
Lot Frontage: 154.97 Acres
Zoning: R1
Shipping Doors
Clearing Height (ft): 8
Commercial Specific
Number of Employees: 1
Retail Area Metric: Sq Ft
Sprinklers: Y
Total Area: 6000
Total Area Metric: Sq Ft
Hours Open: 24/7
Franchise: N
Tangible Property Included: Y
Lot Code: Lot
Survey: Y
Building Percent: 100
Business/Building Name: Port Carling House
Financial Statement: N
LLBO: N
Watt Public School
Elementary: PublicMactier Public School
Elementary: PublicGlen Orchard/Honey Harbour Public School
Elementary: PublicMonsignor Michael O'Leary School
Elementary: CatholicBracebridge Public School
Elementary: PublicMonck Public School
Elementary: PublicSt Dominic Catholic Secondary School
Secondary: CatholicGravenhurst High School
Secondary: PublicBracebridge and Muskoka Lakes Secondary School
Secondary: PublicHuntsville High School
Secondary: PublicSt Theresa's Separate School
Secondary: CatholicTrillium Lakelands' AETC's
Secondary: Public