LAKE OF BAYS WATERFRONT RESORT in MUSKOKA - TURNKEY INVESTMENT OPPORTUNITY
Prime Muskoka resort property featuring 16 fully operational rental units on 3.25 acres with 300 feet of pristine Lake of Bays shoreline. This established hospitality business offers immediate income generation with significant expansion potential.
PROPERTY HIGHLIGHTS:
• 16 rental units accommodating up to 66 guests
• Main lodge with dining room, lounge, commercial kitchen, and owner accommodations
• 8 efficiency suites in Chalet building
• 8 self-contained cabins throughout property
• Over $1 million in recent upgrades including keyless entry, stainless appliances, updated HVAC, and new water system
• Southwest exposure on coveted Dwight Bay location
DEVELOPMENT POTENTIAL:
• C-3 Commercial zoning permits up to 18 units total (6 per acre)
• 15% lot coverage allowance (approximately 18,000 sq ft per floor)
• Maximum building height of 8.5 metres
• 2010 Site Plan Agreement supports redevelopment including fractional ownership model
• Future development plans include eight 2,000 sq ft year-round cottages, docks, pool, and manager residence
LOCATION ADVANTAGES:
• Historic resort site operating since early 1900s
• Minutes from Algonquin Park
• Close proximity to Dwight and Huntsville
• Lake of Bays - Muskoka's second largest and most pristine lake
FINANCIALS:
Asking Price: $5,595,000
Includes: Land, buildings, chattels, and operating business
This turnkey operation represents a rare opportunity to acquire an established Muskoka waterfront resort with proven revenue streams and exceptional redevelopment potential. The combination of historic charm, modern amenities, and prime lakefront positioning creates multiple pathways for continued success or transformation.
Ideal for investors seeking immediate cash flow with long-term appreciation potential in one of Ontario's most desirable cottage country destinations.
Ad#:2384243
