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:58203)
MLS® Number | 40585273 |
Property Type | Multi-family |
Parking Space Total | 15 |
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 |
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
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