Personal Pic

Deepak Sharma

Broker
Remax Royal Properties Realty Brokerage, Brokerage Independently owned and operated. 7595 Markham Rd #19 , Markham, Ontario L3S0B6 Cell: 647-229-0670Office: 905-554-0101

$3,999,900
Available - For Sale
Listing ID: X9375785
2840 Highway 60 East , Lake of Bays, P0A 1H0, Ontario


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.
Price $3,999,900
Taxes: $7220.00
Tax Type: Annual
Occupancy by: Owner
Address: 2840 Highway 60 East , Lake of Bays, P0A 1H0, Ontario
Postal Code: P0A 1H0
Province/State: Ontario
Legal Description: 1)PIN - 480670712 - PT LT 10 CON 10 FRAN
Directions/Cross Streets: Hwy 60/ Dwight Beach Rd
Category: Accommodation
Use: Cabins/Cottages
Building Percentage: Y
Total Area: 3162.00
Total Area Code:  Sq Ft
Area Influences: Major Highway   Rec Centre
Approximatly Age: 100+
Franchise: N
Washrooms: 9
Heat Type: Oil Forced Air
Central Air Conditioning: N
Water: Other
Water Supply Types: Lake/River
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ALL-STARS REALTY INC.
Personal Picture
Deepak Sharma
Broker
Dir:
647-229-0670
Bus:
905-554-0101
 
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At a Glance:
Type: Com - Investment
Area: Muskoka
Municipality: Lake of Bays
Neighbourhood:
Style:
Lot Size: 395.34 x 0.00(Feet)
Approximate Age: 100+
Tax: $7,220
Maintenance Fee: $0
Beds:
Baths: 9
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
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