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$599,900 total
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Asset Class
Multifamily
Size
—
Building class
A
Zoning
RA8 — Medium Rise
$ / SF
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Occupancy
100%
More Space. More Possibilities. One Property. Welcome to 306 Highway 141 in the heart of Utterson, where a spacious family home and a separate lower-level apartment create opportunities for how you live today and plan for tomorrow. Whether you're looking to accommodate extended family, create a comfortable space for guests, or explore the possibility of rental income, this versatile property offers options that are increasingly worth considering. The main residence features a generous country kitchen with ample cabinetry and workspace, spacious living and dining areas, an updated bathroom, a main-floor bedroom, two additional bedrooms upstairs, and a welcoming Muskoka Room that adds another place to relax and unwind. Downstairs, the self-contained apartment offers its own entrance, kitchen, bedroom, bathroom, and living area, providing a distinct space with its own everyday conveniences. You'll also appreciate the substantial unfinished storage and utility space, with room for hobbies, workshop activities, seasonal equipment, and wood storage for the home's wood-fired forced-air heating system. Set back from Highway 141 and conveniently located between Huntsville and Bracebridge, you're just minutes from Longs Lake Beach, Utterson Park, Mary Lake Beach, and the lakes, trails, golf courses, and recreation that make Muskoka such a desirable place to call home. Two living spaces. One convenient location. A property with possibilities. Discover what 306 Highway 141 could offer you. (id:66811)
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Monthly debt service
$3K
Projected NOI
$32K
Annual cash flow
$-1K
Cash-on-cash
-0.65%
DSCR
0.96
Going-in cap
5.35%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
104,436
Households
38,854
Median income
$81,000
Median age
41.6
Daytime population
176,349
5-yr growth
1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 306 HIGHWAY 141 HIGHWAY, Huntsville (Stephenson).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.