2840 Highway 60 Route, Lake of Bays, ON Image 1

$3,999,900

Investment For Sale
MLS - #X11948014
Apr 5- By Re/Max All-Stars Realty Inc

2840 Highway 60 Route, Lake of Bays, ON P0A 1H0

Bed
Bath
6.86 Sqft.
Other Garage

Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

6.86 Sqft

About 2840 Highway 60 Route

Your Muskoka Dream Awaits with stunning lakefront views This exceptional investment, family compound or development property in Dwight offers an unbeatable combination of location, a rich history, potential, and lifestyle. With highway and beachfront road exposure, this resort property is perfectly positioned across from the expansive Dwight Beach on Lake of Bays, Muskoka's second-largest lake with 365 miles of shoreline to explore. The boat launch on Lake of Bays is conveniently located within walking distance. This very well-maintained, family-run cottage resort includes: A 3,200 sq ft home (formerly a lodge), 7 fully winterized cottages (5 with 3 BR, 2 with 2 BR), and a large old fashioned barn ready for a creative conversion. This property is packed with possibilities But the real opportunity lies in its development potential: Current lot coverage is just 2.65%, A new concept site plan allows 11 additional cottage units or an increase of 12.25% lot coverage. Or you may have other ideas for potential expansion with more cottages, restaurant etc.. or property severances. Nearby amenities include; bakeries, restaurants, LCBO, and a grocery market /pharmacy, gas station, service garages, marinas, unique shops and Building/hardware store. This is a popular area for recreation with snowmobile, ATV trails, skiing, fishing and watersports. Located 15 minutes from Huntsville, Limberlost Forest, and Algonquin Park perfect for adventure seekers and nature lovers alike. An info package, virtual tour, and new site/concept plans are ready to show you the full scope of this incredible opportunity. Don't wait, properties like this are rare!

Home Overview

Last updated

Apr 5

Virtual tour

None

Basement information

Building size

6.86

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:No
Heating:Oil Forced Air
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
399990000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

Walking Icon

Walk Score for 2840 Highway 60 Route

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$15276.91/ month
$3,199,920 Principal and Interest

Some information about this property - Highway 60 Route

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