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$169,000 total
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Asset Class
Land
Size
—
Building class
A
Zoning
UR — Urban Reserve
$ / SF
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Occupancy
88%
Tucked into the heart of Lake of Bays, this extraordinary property is a landscape made for adventure-towering white pines, hemlock and birch, hidden clearings, rugged rock outcrops and winding forest terrain just begging to be explored.Walk, hike or bike your own trails. Snowshoe through fresh powder. Ski through the woods. Build a fire beneath the stars. And when you want the lake, two public access points to spectacular Lake of Bays are only about a 15-minute walk away.Perfectly positioned between Baysville and Dorset, the property puts you close to some of Muskoka's best recreation, including the Lake of Bays Tennis Club, Lake of Bays Sailing Club and renowned Bigwin Island Golf Club-while still giving you the feeling that you've escaped deep into the wilderness.There's history here, too. Once part of an 1800s farm, local lore suggests oak from the property may even have been used in the construction of the legendary Bigwin Inn. Today, the land offers an incredible opportunity to create a modern Muskoka retreat surrounded by nature.With the benefit of the Managed Forest Tax Incentive Program and access to nearby hydro, telephone and high-speed internet, this is more than vacant land-it's a base camp for everything Muskoka has to offer. (id:66811)
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Monthly debt service
$780
Projected NOI
$7K
Annual cash flow
$-3K
Cash-on-cash
-5.31%
DSCR
0.71
Going-in cap
3.95%
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
49,912
Households
20,077
Median income
$62,000
Median age
39.5
Daytime population
52,242
5-yr growth
4.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1045 B BROWNS BRAE ROAD, Lake of Bays (Ridout).
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.