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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:51004)

Property Details

MLS® Number 40585273
Property Type Multi-family
Parking Space Total 15

Building

Bathroom Total 10
Bedrooms Total 12
Basement Type None
Cooling Type None
Exterior Finish Vinyl Siding
Foundation Type Block
Heating Fuel Electric
Stories Total 2
Size Interior 6688 Sqft
Utility Water Well

Land

Access Type Highway Access
Acreage Yes
Sewer Septic System
Size Frontage 1259 Ft
Size Irregular 32.6
Size Total 32.6 Ac|25 - 50 Acres
Size Total Text 32.6 Ac|25 - 50 Acres
Zoning Description Ru-4

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


Matt Smith
Broker of Record

(647) 929-7674
(705) 771-9489
Engel & Volkers Parry Sound, Brokerage
70 Bowes Street
Parry Sound, Ontario P2A 2L3

(705) 771-9499
(705) 771-9489
www.parrysound.evrealestate.com/

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