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1184 Highway 118 Bracebridge, Ontario P1L 1X1

12 Bedroom 10 Bathroom 6688 sqft
None Acreage

$2,650,000

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:55319)

Property Details

MLS® Number 40585273
Property Type Multi-family
ParkingSpaceTotal 15

Building

BathroomTotal 10
BedroomsTotal 12
BasementType None
CoolingType None
ExteriorFinish Vinyl Siding
FoundationType Block
HeatingFuel Electric
StoriesTotal 2
SizeInterior 6688 Sqft
UtilityWater Well

Land

AccessType Highway Access
Acreage Yes
Sewer Septic System
SizeFrontage 1259 Ft
SizeIrregular 32.6
SizeTotal 32.6 Ac|25 - 50 Acres
SizeTotalText 32.6 Ac|25 - 50 Acres
ZoningDescription Ru-4

https://www.realtor.ca/real-estate/26869506/1184-highway-118-bracebridge

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Matt Smith
Broker of Record


Engel & Volkers Parry Sound, Brokerage
70 Bowes Street
Parry Sound, Ontario P2A 2L3

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