2840 Highway 60 Route E Active

Lake Of Bays,ON P0A 1H0

$ 3999900

- Bed

- Bath

6 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 6 sqft

Price per Sqft $666,650

Subdivision Franklin

MLS Listing ID X11948014

Annual Tax Amount $7,220

Tax Year 2024

Property Sub-Type Investment

Property Description

Your Muskoka Dream Awaits: Seize This Prime Investment Opportunity! This exceptional investment and development property in Dwight offers an unbeatable combination of location, a rich history, potential, and lifestyle. With highway and beachfront road exposure, this resort property is perfectly positioned across from the stunning Dwight Beach, docks, and boat launch on Lake of Bays, Muskoka's second-largest lake with 365 miles of shoreline to explore. This well-maintained, family-run cottage resort includes: A 3,200 sq ft lodge, 7 fully winterized cottages (5 with 3 BR, 2 with 2 BR), and a large old fashioned barn ready for a creative conversion. This property is packed with possibilities But the real opportunity lies in its development potential: Current lot coverage is just 2.65%, A new concept site plan allows 11 additional units or an increase of 12.25% lot coverage. Or you may have other ideas for potential expansion or property severances. Nearby amenities include; bakeries, restaurants, LCBO, and a grocery market /pharmacy, gas station, service garages, marinas, unique shops and Building/hardware store. This is a popular area for recreation with snowmobile, ATV trails, skiing, fishing and watersports. Located 15 minutes from Huntsville, Limberlost Forest, and Algonquin Park perfect for adventure seekers and nature lovers alike. An info package, virtual tour, and new site/concept plans are ready to show you the full scope of this incredible opportunity. Don't wait, properties like this are rare!

Location

Province ON

County Muskoka

Community Franklin

Area Muskoka

Interior

Cooling No

Exterior

Community Features Major Highway,Recreation/Community Centre

Utilities Available Yes

Lot Frontage 395.34

Lot Depth 751.6

Others

Virtual Tour https://www.youtube.com/watch?v=zn7EranDHZE&t=202s

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