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$1,275,000
Est. payment /mo
10 Beds
6 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision Stephenson
MLS Listing ID X12221916
Style 2-Storey
Bedrooms 10
Building Age 100+
Annual Tax Amount $3,449
Tax Year 2024
Property Sub-Type Multiplex
Property Description
Welcome to a rare and remarkable opportunity in the heart of Port Sydney. Formerly the iconic Mary Lake Inn, this beautifully restored historic property has been thoughtfully transformed into a fully renovated, income-generating multiplex all while preserving its original charm.Perfectly positioned just 10 minutes from both Huntsville and Bracebridge, and directly across from the public beach, the property offers breathtaking, unobstructed views of Mary Lake an unbeatable location for both lifestyle and investment.The building features four stunning rental units, including two spacious 3-bedroom, 2-bathroom suites and two bright, well-appointed 2-bedroom, 1-bathroom apartments. Whether you're catering to short-term visitors or long-term tenants, the flexible layout delivers exceptional income potential.Live in the beautifully updated owners residence and wake up to lake views while the other three units help cover your mortgage. This is a truly extraordinary offering that doesn't come along often in one of Muskoka's most charming towns!
Location
Province ON
County Muskoka
Community Stephenson
Area Muskoka
Rooms
Family Room No
Basement Unfinished
Kitchen 4
Interior
Interior Features Water Heater, Water Treatment
Cooling None
Fireplaces Type Natural Gas
Fireplace Yes
Heat Source Electric
Exterior
Parking Features Other, Private
Pool None
View Lake
Roof Type Other
Lot Frontage 66.0
Lot Depth 247.0
Total Parking Spaces 5
Building
Unit Features Beach,Campground,Golf,Hospital,Lake Access,Park
Foundation Other
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Listed by ROYAL LEPAGE SIGNATURE REALTY