Incredible investment opportunity in the heart of Muskoka! This unique property is located in the vibrant town of Minett and features TWO commercially zoned, income-generating structures on nearly an acre of land. The first structure, formerly the Tri Lakes Training building, boasts a stunning 3 bedroom + den, 2 bathroom apartment on the upper level with a large deck & screened-in room, while the lower level features an oversized 2-bay heated garage, 2 bonus rooms & a bathroom. This versatile space offers endless potential and is ready for conversion to meet future needs. The second structure, located on the other side of the same property, features three 2-bedroom 1-bathroom units and also offers up immediate rental income. Nestled in a quiet community that comes alive in the summer, this property has multiple flat, usable spaces and ample parking for tenants, guests & customers alike. The location is unbeatable with proximity to two major resortsClevelands House and the J.W. Marriottalong with SWS Marine, various shops, restaurants, a spa and a golf course, all within walking distance. This exceptional investment opportunity promises multiple revenue streams from residential and potential commercial spaces, 4 well-appointed rental units, and a prime central location with excellent visibility. Adding to its allure, the property backs onto the Clevelands House Trail system, providing a serene escape for outdoor enthusiasts. Call today to schedule your tour and explore the endless potential this property has to offer! Recent upgrades include: 1) New AC in garage/upper 3 bedroom (2023); 2) New hot water tank in triplex; 3) Complete renovation of Unit C - new kitchen incl appliances, shower, vanity, floors throughout, windows.
MLS# | 40633581 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 61 |
Listing Provided By | Chestnut Park Real Estate Ltd., Brokerage, Port Carling | Katie Gilbert |
SQ Feet | 4,075 |
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Garage | 2 |
Story(s) | 2 |
Zoning | C3 |
Acreage | 0.88 |
Province | ON |
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County | Muskoka |
City | Minett |
Postal Code | P0B 1G0 |
Area | Muskoka Lakes |
Subarea | Medora |
Community Name | Medora |
Listing VS Median (in Medora) | |
Price: $1,749,500 low | high Med: $1,295,000 SqFt: 4,075 low | high Med: 2,500 $ / SqFt: $429 low | high Med: $636 On Site: 61 low | high Med: 118.000000 |