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1184 Highway 118, Bracebridge

Property Overview - For sale

Price$ 2 650 000On the Market22 days
MLS® #40585273Type
Bedrooms12 BedBathrooms10 Bath
Postal CodeP1L1X1
StreetHIGHWAY 118Town/AreaBracebridge
Property Size32.6 ac|25 - 50 acresBuilding Size6688 ft2

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:20829)

Land Details

Size Total32.6 ac|25 - 50 acres
Size Frontage1259
Lot size32.6
Ownership TypeFreehold
SewerSeptic System
Zoning DescriptionRu-4 Bracebridge - Zoning By-Laws

Building Details

Stories2
Property TypeMulti-family
Bathrooms Total10
Bedrooms Total12
Cooling TypeNone
Exterior FinishVinyl siding
Foundation TypeBlock
Heating FuelElectric
Size Interior6688 ft2
Utility WaterWell
View Property on Interactive MapDriving Directions (Google Maps)

Video of 1184 Highway 118,




This listing of a Multi-family property For sale is courtesy of Matt Smith from Engel & Volkers Parry Sound, Brokerage