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$3,999,900
Est. payment /mo
9 BA
3,162 SqFt
Active
2840 Highway 60 N/A E Lake Of Bays, ON P0A 1H0
UPDATED:
10/28/2024 04:53 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 3,162 sqft
Price per Sqft $1,264
MLS Listing ID X9375785
Annual Tax Amount $7,220
Tax Year 2023
Property Description
This Muskoka investment and development property is in an exceptional location. It has good visual exposure with both highway and beachfront road exposure. The property is situated across the road from beautiful Dwight Beach, docks, and boat launch. It offers breathtaking views of Lake of Bays, which is Muskoka's second-largest lake and has 365 miles of shoreline to explore. This family operated cottage resort with 7 cottage units and 5 bedroom century home has enormous potential for further tourist development, residential development or a family compound. The area of Dwight is currently witnessing the construction of numerous large housing projects, which will not only enhance the existing cottage and tourist populations but also attract a significant year-round population. The charming village of Dwight offers a range of convenient amenities, such as local bakeries, restaurants, an LCBO, a grocery market with pharmacy, a gas station, garage, marinas, as well as unique shops, building/hardware store. Additionally, the area features various trails, including OFSC snowmobile & ATV trails, offering ample recreational opportunities. The community also boasts a public school, library, community center, township office, churches, and a seniors recreation hall. Entrepreneurs and developers will find this location excellent, providing an ideal setting to bring their innovative ideas to life. With an expansive beach, docks, and boat launch across the road, the appeal of this property is unique! The property is conveniently located a 15-minute drive away from the town of Huntsville, the Limberlost Forest Reserve Trails, and world-renowned Algonquin Park. Structures include: 3200 sq ft lodge/home with 5 BR, 7 cottage units - 5 winterized cottages have 3 bedrooms, 2 cottages have 2 bedrooms all units have kitchens. Other buildings include a large barn. Information package available for this exceptional property. See the Virtual tour of this gorgeous property.
Location
Province ON
County Muskoka
Community Major Highway, Recreation/Community Centre
Interior
Cooling No
Exterior
Garage Spaces 20.0
Community Features Major Highway, Recreation/Community Centre
Utilities Available Yes
Listed by RE/MAX ALL-STARS REALTY INC.