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.
MLS# | 40585273 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Days On Site | 148 |
Listing Provided By | Engel & Volkers Parry Sound, Brokerage | Matt Smith |
Bed(s) | 12 |
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Bath(s) | 10 |
SQ Feet | 6,688 |
Story(s) | 2 |
Units | 11 |
Zoning | Ru-4 |
Acreage | 32.60 |
Province | ON |
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County | Muskoka |
City | Bracebridge |
Postal Code | P1L 1X1 |
Area | Bracebridge |
Subarea | Bracebridge |
Community Name | Bracebridge |
Listing VS Median (in Bracebridge) | |
Price: $2,650,000 low | high Med: $679,450 SqFt: 6,688 low | high Med: 1,145 $ / SqFt: $396 low | high Med: $611 On Site: 148 low | high Med: 54.000000 |