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$ 1,550,000
Est. payment | /mo
6,000 SqFt
$ 1,550,000
Est. payment | /mo
6,000 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $258
Subdivision Medora
MLS Listing ID X12349628
Building Age 31-50
Annual Tax Amount $4,500
Tax Year 2024
Property Sub-Type Investment
Property Description
Exceptional Investment Opportunity on Ada Lake in Bala, Muskoka! A rare and versatile commercial property on the tranquil shores of Ada Lake, with 280 feet of sandy waterfrontage, 1.4 acres of level, dry land, and stunning western exposure, this property offers endless potential in one of Muskoka's most sought-after locations. Currently generating strong rental income, the property includes: A fully rented four-plex, two detached, income-producing rental buildings, and two additional building footprints ideal for new development or expansion. Whether operating as a turnkey investment, transforming it into a boutique cabin resort, or creating a multi-generational family compound, this property provides unmatched flexibility. Commercial zoning opens the door to a variety of business and development opportunities, while the sandy beach, beautiful sunsets, and peaceful lakefront setting add exceptional lifestyle appeal. Just minutes from downtown Bala & Port Carling's shops, restaurants, and amenities, this is a rare chance to own a prime piece of Muskoka waterfront with both immediate income and future potential. Explore the possibilities - properties like this are few and far between. 48-hour notice for all showings - reach out to your realtor for more details - this one holds extreme potential!
Location
Province ON
County Muskoka
Community Medora
Area Muskoka
Interior
Cooling No
Exterior
Community Features Major Highway
Utilities Available Available
Lot Frontage 280.0
Lot Depth 208.78
Listed by Sotheby's International Realty Canada
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