1184 Highway 118, Bracebridge, Ontario P1L 1X1

Listed for:
$2,650,000
12 beds
10 baths
Listed 10 days ago
1184 Highway 118, Bracebridge, Ontario P1L 1X1

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Learn more about this property
Listing provided by:
Engel & Volkers Parry Sound, Brokerage
MLS® number:
40585273
Agent:
Matt Smith
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About

Highway 11 North to 118. Head East. Property on right, sign on 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:27476)

Property Highlights

Type
Cooling type
None
Heating fuel
Electric
Fireplace
No
Construction material
Vinyl siding
Parking space
15
Ownership Type
Freehold
Amenities nearby

Location