$2,650,000 $14,226 est/mo Sourced by Back At You

1184 Highway 118,Bracebridge, ON P1L 1X1

Bracebridge ON, P1L 1X1

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Description

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.

Details

MLS#40585273
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Days On Site11
Listing Provided ByEngel & Volkers Parry Sound, Brokerage | Matt Smith

Features

Bed(s)12
Bath(s)10
SQ Feet6,688
Story(s)2
Units11
ZoningRu-4
Acreage32.60
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 13 minutes ago
ProvinceON
CountyMuskoka
CityBracebridge
Postal CodeP1L 1X1
AreaBracebridge
SubareaBracebridge
Community NameBracebridge
Listing VS Median (in Bracebridge)
Price:
$2,650,000
low | high
Med:
$734,500
100% of Average
SqFt:
6,688
low | high
Med:
1,235
100% of Average
$ / SqFt:
$396
low | high
Med:
$595
2% of Average
On Site:
11
low | high
Med:
58.000000
18.965517241379% of Average
Sourced by Back At You
Listing Updated: May 9, 2024 at 12:37:52 PM PDT