Active

1184 Highway 118

Bracebridge ON, P1L 1X1

C$2,650,000


C$396.23 per sqft

Active

12 Beds

10 Baths

6,688 sqft

Multi-family

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.

40585273

MLS ID

May 8, 2024

Listed

October 1, 2024

Updated

Map

1184 Highway 118
Bracebridge ON, P1L 1X1

Interior Features

Total Stories

2


Bedrooms

12


Total Bathrooms

10


Interior Features

Other


Laundry Description

None


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

32.6 Acres


Lot Features

Highway Access


Roof

Asphalt Shing


Sewer

Septic Tank

Other Property Details

Area Name

Bracebridge


Taxes

$4,821


Tax Frequency

Annually


Garage

No


Parking Total

15


View

No


County

Muskoka


Water Source

Well


Pool

No


Zoning

Ru-4

 

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