1184 HIGHWAY 118

Multi-family For Sale in Bracebridge, Ontario

$2,650,000
  • 12 Beds
  • 10 Baths
  • 6,688 Sq. Ft.
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:4069)
Address 1184 HIGHWAY 118
List Price $2,650,000
Property Type Multi-family
Area Ontario
Sub-Area Bracebridge
Bedrooms 12
Bathrooms 10
Floor Area 6,688 Sq. Ft.
Lot Size 32.6 Sq. Ft.
MLS® Number 40585273
Listing Brokerage Engel & Volkers Parry Sound, Brokerage
Basement Area None
Postal Code P1L1X1
Zoning Ru-4

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Brittany Evans

Cottage Vacations Real Estate Brokerage Inc.

3-10 Brunel Road Huntsville ON P1H 2A9

Mobile: (705) 571-4499

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