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For sale · MLS® X13603170

1501 Muskoka Road 169, Gravenhurst, ON P1P 1R2

Gravenhurst, ON P1P 1R2

$1,938,000Asking price
— Bedrooms10 Bathrooms1.68 Reported areaInvestment Type

About this property

Pine Grove Cottages presents a unique opportunity to acquire an established waterfront commercial property offering approximately 460 feet of west-facing shoreline on Pine Lake, eight fully self-contained guest cottages and an owner's residence, all just minutes from Gravenhurst. Set on approximately 1.68 acres, the property features a sand beach, natural rock outcroppings, beautiful southwest exposure and convenient year-round access from Muskoka Road 169. The eight guest cottages are positioned throughout the property, many enjoying views over the lake. All buildings are in various states of repair and the property is being offered with the expectation that a new owner will undertake updating and improvements. Zoned Commercial Waterfront (CW-8) with site-specific provisions recognizing the existing buildings and uses, the property provides an established framework for continued commercial waterfront use. With substantial shoreline, an existing accommodation business, excellent access and close proximity to Gravenhurst, Pine Grove Cottages offers significant upside for an energetic new owner with the vision and resources to revitalize the property and capitalize on an increasingly difficult-to-find Muskoka waterfront commercial opportunity.

Property facts & features

Property type
Investment
MLS® number
X13603170
Source status
New
Bedrooms
Not provided
Bathrooms
10
Reported interior area
1.68
Neighbourhood
Not provided
Postal code
P1P 1R2
Garage
Covered
Lot depth (source units)
307
Annual property tax
12607
Basement
Not provided
Laundry
Not provided
Interior features
Not provided
Exterior features
Not provided

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Floor plans & room measurements

Floor plans and verified room measurements are not available for this property.

Property value & listing history

Current authorized listing record

New · $1,938,000

Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.

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Location & neighbourhood

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Listing brokerage: Re/Max Professionals North. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13603170. Information deemed reliable but not guaranteed.

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Property at 1501 Muskoka Road 169, Gravenhurst, ON P1P 1R2