$ 2.998.000

1037 Milford Bay Road, Muskoka Lakes

  • Bedrooms: 18
  • Bathrooms: 13
  • Living area: 6312 square feet
  • Type: Residential
  • Added: 70 days ago
  • Updated: 69 days ago
  • Last Checked: 14 hours ago
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! (id:1945)
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Property DetailsKey information about 1037 Milford Bay Road

  • Cooling: None
  • Heating: Baseboard heaters
  • Stories: 2
  • Structure Type: House
  • Exterior Features: Concrete, Stone
  • Foundation Details: Block
  • Architectural Style: 2 Level
  • Construction Materials: Concrete block, Concrete Walls

Interior FeaturesDiscover the interior design and amenities

  • Basement: Unfinished, Crawl space
  • Living Area: 6312
  • Bedrooms Total: 18
  • Fireplaces Total: 1
  • Fireplace Features: Propane, Other - See remarks
  • Above Grade Finished Area: 6312
  • Above Grade Finished Area Units: square feet
  • Above Grade Finished Area Source: Owner

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 1037 Milford Bay Road

  • View: Direct Water View
  • Lot Features: Visual exposure, Recreational, Laundry- Coin operated
  • Water Source: Lake/River Water Intake
  • Lot Size Units: acres
  • Parking Total: 18
  • Water Body Name: Lake Muskoka
  • Parking Features: Visitor Parking
  • Lot Size Dimensions: 1.19
  • Waterfront Features: Waterfront

Location & CommunityUnderstand the neighborhood and community

  • Directions: Hwy 118 W to Milford Bay Rd
  • Common Interest: Freehold
  • Subdivision Name: Monck (Muskoka Lakes)

Utilities & SystemsReview utilities and system installations

  • Sewer: Septic System

Tax & Legal InformationGet tax and legal details applicable to 1037 Milford Bay Road

  • Tax Annual Amount: 5420.96
  • Zoning Description: C1C & C1D
Room Dimensions
Type Level Dimensions
4pc Bathroom Main level x
4pc Bathroom Main level x
Bedroom Main level 10'9'' x 12'4''
Bedroom Main level 10'9'' x 12'4''
Bedroom Main level 9'3'' x 15'1''
Full bathroom Main level x
Primary Bedroom Main level 11'5'' x 12'2''
4pc Bathroom Main level x
Bedroom Main level 9'10'' x 8'9''
4pc Bathroom Main level x
Bedroom Main level 7'8'' x 9'2''
Bedroom Main level 7'8'' x 9'2''
4pc Bathroom Main level x
Bedroom Main level 7'11'' x 9'6''
Primary Bedroom Main level 10'3'' x 11'11''
4pc Bathroom Main level x
Bedroom Main level 7'11'' x 9'6''
Primary Bedroom Main level 10'3'' x 11'11''
4pc Bathroom Main level x
Bedroom Main level 7'11'' x 9'6''
Primary Bedroom Main level 10'3'' x 11'11''
4pc Bathroom Main level x
Bedroom Main level 21'10'' x 25'0''
4pc Bathroom Main level x
Bedroom Main level 21'10'' x 12'1''
4pc Bathroom Main level x
Bedroom Main level 21'10'' x 12'1''
4pc Bathroom Main level x
Bedroom Main level 21'10'' x 12'1''
4pc Bathroom Main level x
Bedroom Main level 21'10'' x 12'1''
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members of The Canadian Real Estate Association

Nearby Listings Stat

Active listings
1
Min Price
$2,998,000
Max Price
$2,998,000
Avg Price
$2,998,000
Days on Market
69 days
Sold listings
0
Min Sold Price
$0
Max Sold Price
$0
Avg Sold Price
$0
Days until Sold
days

Nearby Places

Name
Type
Address
Distance
Brooklands Farm
Food
1375 Butter & Egg Rd
1.6 km
Arthurlie Bay Waterdome
Establishment
Muskoka Lakes
5.5 km
Touchstone Resort
Real estate agency
1869 Regional Road 118
6.2 km
Mortimer's Point Waterdome
Airport
Muskoka Lakes
7.2 km
Muskoka Lakes Museum
Museum
100 Joseph St
7.8 km
Just Crepes
Restaurant
118 Medora St
8.0 km
Oliver's Coffee
Cafe
3658 Muskoka Rd 118 W
8.2 km
Rebecca's Casual Fine Dining
Restaurant
3842 Muskoka Road 118 W
8.4 km
Hardy Lake Provincial Park
Park
Torrance
9.0 km
Windermere House
Lodging
2508 Windermere Road
9.8 km
Patterson Kaye Resort & Spa
Restaurant
1360 Golden Beach Rd
10.0 km
Dudley Bay Waterdome
Airport
Muskoka Lakes
10.8 km
Additional Information about 1037 Milford Bay Road

This House at 1037 Milford Bay Road Muskoka Lakes, ON with MLS Number 40642207 which includes 18 beds, 13 baths and approximately 6312 sq.ft. of living area listed on Muskoka Lakes market by Steve Haid - PSR Brokerage, Gravenhurst at $2,998,000 70 days ago.

We have found 5 Houses that closely match the specifications of the property located at 1037 Milford Bay Road with distances ranging from 2 to 6 kilometers away. The prices for these similar properties vary between 1,895,000 and 2,975,000.

The current price of the property is $2,998,000, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 18% down payment, the total amount borrowed would be $2,458,360. This would result in a monthly mortgage payment of $14,019 over a 25-year amortization period.

More Details?
Steve Haid
  • Steve Haid
  • PSR Brokerage, Gravenhurst
  • 416-277-6604
  • WebSite

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