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$1,249,000
Available - For Sale
Listing ID: X12224343
This unique property has 7 seasonal cottages/cabins on it and offers 550 feet of frontage on the Muskoka River. The five functional cottages offer 20 Bedrooms and 7 Bathrooms and come fully furnished making this an excellent turn key rental investment property or family compound. There are two additional bonus cabins that could be renovated each having 2 Bedrooms/1 Bathroom. South Exposure provides great sun throughout the day and the cleared meadow-like landscape makes it feel like a cottage resort with lots of space for summer sports and activities. The waterfront offers expansive docking on a quiet section of the Muskoka River with shallow entry and deep water at end of the dock. This is the perfect place for paddling, swimming, fishing and boating. The Blue Cottage has undergone a full renovation and the current owners have done extensive landscaping work, road work and renovations to other cottages. The property sits on 12.38 acres with a portion zoned M2 allowing for a multitude of potential uses. Private driveway and ample parking for all your guests. The property is located less than five minutes to downtown Bracebridge where you can enjoy your day exploring the many shops, restaurants and events taking place. Don't miss out on this incredible opportunity.
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $11,250 $22,500 $33,750 $45,000
First Mortgage $213,750 $202,500 $191,250 $180,000
CMHC/GE $5,878.13 $4,050 $3,346.88 $0
Total Financing $219,628.13 $206,550 $194,596.88 $180,000
Monthly P&I $940.65 $884.64 $833.44 $770.93
Expenses $0 $0 $0 $0
Total Payment $940.65 $884.64 $833.44 $770.93
Income Required $35,274.38 $33,173.91 $31,254.12 $28,909.73

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Chestnut Park Real Estate

159 KEITH Road , Bracebridge, P1L 0G8, Muskoka

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: Muskoka
Municipality: Bracebridge
Neighbourhood: Muskoka (N)
Style: Bungalow-Raised
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $5,416.2
Maintenance Fee: $0
Beds: 6
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229


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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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