1184 HIGHWAY 118 (40585273)
$2,650,000About the Property
Welcome to 1184 Highway 118, a 10-unit multi-residential building + 3-bedroom caretaker or manager suite in the heart of Bracebridge. Fully renovated with new flooring, lighting, kitchens, electrical, roofing & more. This operation is turn-key, fully vacant and ready for you to set market rents and earn passive income. The property sits on approximately 36 acres in a prime location off of Highway 118 East; the main artery between Bracebridge and Haliburton. The property was used as a group home for 30+ years, there is a 9-bed capacity with the size potential for higher capacity. Large capacity septic system and recently upgraded fire sprinkler system. High speed Fibre optic Internet is also available. There is a pond and trails that were maintained in the past and provide great activity opportunities right on the property. RU-4 zoning allows for agricultural, BNB, boarding kennels, forestry operations, hobby farm, home industry, home occupation, market garden, woodland retreat, or group home. The possibilities are endless at 1184 Highway 118 and the journey is yours to create. (id:46976)
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Property
Address: 1184 HIGHWAY 118
City: Bracebridge, Ontario, Canada
Style: N/A
Exterior: N/A
MLS® number: 40585273
Utilities
Cooling: None
Heat source: Electric
Heat type: N/A
Sewers: Septic System
Building
Bedrooms: 12
Bathrooms: 10
Size: 6688
Garage: No
Built in: N/A
Land
Waterbody: N/A
Waterfront: No
Lot Size: 32.6
View: N/A
Frontage: 1259 ft
Map
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Bracebridge
With a population of 17,000 this vibrant and beautiful community is centrally located within Muskoka. Situated on the Muskoka River and overlooking the famous Bracebridge Falls, (the most significant waterfall in Muskoka) the Historic Core of Downtown Bracebridge offers all the convenience of small town living with it’s gourmet shops, local eateries and outdoor parks. From arts and cultural experiences to endless outdoor adventures, a lively craft beer scene, and the friendliest of people; Bracebridge is a destination for all. The local community provides an attractive combination of economic opportunities, urban facilities and services, as well as a highly desirable and vibrant lifestyle. The Bracebridge Sportsplex and Memorial Arena offers a variety of recreation programs, fitness & aquafit classes, indoor track, weight room workouts, climbing wall, public swim, lap swim, public skating and more.
Bracebridge’s desirable location makes it the perfect starting point for entrepreneurs and business professionals who believe that it is possible to bridge success in business with fulfillment in life. If you’re looking to start, expand, or re-locate your business, you’ll love the view from “The Bridge”. During the spring and summer months, the lakes and rivers surrounding Bracebridge make it a perfect place to be, whether you’re into water sports, relaxing on the dock at the cottage, adventure travel or exploring the beauty of the region from one of the area’s many resorts. As the fastest growing winter tourism destination in the district, outdoor activities such as snowshoeing, skating at Memorial Park, cross-country skiing, ice fishing, snowmobiling and even “Snowga” are immensely popular in town. With 8 Waterfalls, 12 Boat launches, 10 Beaches, 43 + restaurants, 2 Cruise lines, 1 water slide, 21 parks and 1 bark park, whether you are here for a day, a week, or a month, there is always something to keep you engaged and entertained.