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In-PersonVirtual Tour
$ 3,999,900
Est. payment /mo
Active
2840 Highway 60 Route E Lake Of Bays, ON P0A 1H0
6 SqFt
UPDATED:
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
Listed by Re/Max All-Stars Realty Inc