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$3.9M total
3,800 SF
Asset Class
Retail
Size
3,800 SF
Building class
A
Zoning
CNC — Neighbourhood Commercial
$ / SF
$1023
Occupancy
96%
EXCEPTIONAL WATERFRONT COMMERCIAL & LIFESTYLE OPPORTUNITY | HEART OF PORT CARLING set on an approximately 200-foot-deep lot in a coveted waterfront setting in the heart of Port Carling. This exceptional approx. 3,800 sq. ft. freestanding property offers a rare combination of commercial opportunity, residential flexibility, income potential and Muskoka lifestyle.The approx. 1,500 sq. ft. street-level commercial space features an inviting retail environment, 2 storage areas and 2 bathrooms, offering an ideal setting for a premium retail concept, professional office, boutique, studio or other commercial use.The approx. 1,500 sq. ft. upper level, with its own separate entrance, provides a comfortable residential component featuring 3 bedrooms, a 3-piece bathroom, kitchen and laundry. Perfect for an owner-occupier, additional rental income, staff accommodation or a highly desirable live/work arrangement.An additional approx. 800 sq. ft. unfinished walkout basement offers valuable storage and future expansion potential, with convenient access to the rear of the property and the waterfront setting, including proximity to the iconic Port Carling Locks connecting Lake Muskoka and Lake Rosseau.Winterized for year-round use, this versatile property offers the opportunity to generate income while enjoying the flexibility of a Muskoka residence. Operate your business from the main level, rent or occupy the upper residence, or create the ultimate seasonal retreat. Spend summers in Port Carling, escape south for the winter, or make Muskoka your full-time home.Located in one of Muskoka's most sought-after communities, this is a truly distinctive opportunity to combine business, investment, residential use and the Muskoka lifestyle in one exceptional property.A rare chance to own a prominent freestanding property in the heart of Port Carling - where commercial opportunity meets waterfront living. (id:66811)
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Monthly debt service
$18K
Projected NOI
$249K
Annual cash flow
$33K
Cash-on-cash
2.87%
DSCR
1.16
Going-in cap
6.40%
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.
| Tenant | Area | Expiry |
|---|---|---|
| Lakeview Physiotherapy | 1,841 SF | 2032-05 |
| Lakeview Physiotherapy | 910 SF | 2032-05 |
| Lakeview Physiotherapy | 878 SF | 2032-05 |
Trade area within 3 miles of the property.
Population
101,493
Households
36,260
Median income
$72,500
Median age
42.1
Daytime population
168,726
5-yr growth
8.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 96 JOSEPH STREET, Muskoka Lakes (Medora).
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.