551 Muskoka 118 Road W, Bracebridge), Ontario P1L 1Y1

Listed for:
$549,000
0 beds
0 baths
Listed 5 days ago
551 Muskoka 118 Road W, Bracebridge), Ontario P1L 1Y1

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About

Cross Streets: 118 W and Westmall Rd. ** Directions: Highway 118 E, just past Westmall Rd to sign on Property. This exceptional 1.93-acre development parcel in the heart of Bracebridge presents a rare opportunity to acquire a substantially advanced multi-residential project in one of Muskoka's fastest-growing communities. Ideally positioned with dual frontage on Balls Drive and Highway 118 West, the property offers outstanding visibility, convenient access, and excellent exposure for future residents.Significant progress has been made to further advance the development. The lands have now been successfully rezoned to R4-41H, unlocking valuable multi-residential development potential while substantially increasing the property's value. The servicing process has also been advanced through the completion of the municipal water and sewer connection application, including engineering drawings, municipal consultations, permit approvals, and required revisions-saving the next owner valuable time, expense, and administrative work. Adding even more value, the sale includes comprehensive construction drawings, stormwater management briefs, environmental studies, traffic assessments, and supporting documentation prepared for Phase One of an 8-unit residential development. With much of the planning, approvals, and due diligence already completed, this shovel-ready opportunity allows a developer to move forward with confidence.Located just minutes from shopping, restaurants, schools, healthcare, and all of Bracebridge's everyday amenities, this is an outstanding investment opportunity in one of Muskoka's fastest-growing communities. Whether you're an experienced developer or looking to expand your portfolio, this property offers an exceptional head start with significant time and cost savings already built in. (id:27476)

Property Highlights

MLS® Number
X13496570
Type
Vacant Land
Community Name
Monck (Bracebridge)
Land Size
201.54 x 460.73 FT|1/2 - 1.99 acres
Parking Space Total
15

Building

Amenities
Golf Nearby, Hospital
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Location

Learn more about this property
Listing provided by:
RE/MAX Professionals North
MLS® number:
X13496570
Agent:
Sarah Lock
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