2832 60 Highway, Lake of Bays, ON
Property Highlights
Welcome to this remarkable investment located in the coveted neighborhood of Franklin. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,555,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 298.4 x 270.09 ft lot size
- equipped with partial central cooling and highly efficient propane gas heating
Description
Looking for a great investment property, look no further! This 1.4 acre with 298.4 frontage on Highway 60 in Downtown Dwight, steps away from the public Dwight beach on beautiful Lake of Bays with sandy beach area, boat launch and public docking. This property is home to a few different businesses with amazing traffic flow year-round as it is on the route to the famous worldly known Algonquin Provincial Park which makes this an attractive investment. There's a large 2 story building that Erika's Bakery/Coffee Shop is located in, Erika's Bakery business is not included in sale, however is negotiable. 2nd floor to the building has extra stock rooms, 4pc bathroom, offices, board room, kitchen and laundry. The property has 3 other businesses that are fully leased in a long seperate building - long strip mall like with their own entrances, bathrooms, septic system, and fibre internet. Great traffic flow for any business and definitely a hub of this little community. Halfway between Huntsville & Algonquin Provincial Park makes a great destination stop. Live, work and play in Muskoka, Lake of Bays. Public school, stores, gas station, public library, community centre only a few kms. away. Post Office, grocery store, pharmacy, gift shops all within walking distance. Golf courses, ski hill, and great restaurants in the area with a new up and coming large housing development just minutes away. A great opportunity, high visibility, awesome location with constant traffic flow.
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Security Features
No
Community Features
Major Highway, Recreation/Community Centre
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2832 60 Highway, Lake of Bays, ON P0A 1H0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Lake of Bays.
Configure Loan Settings
About Purchasing a Home in Lake of Bays, ON
For a property listed at $1,555,000 in Lake of Bays, the legal minimum down payment is $311,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $27,575 for this transaction. As this listing is in Lake of Bays (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $27,575.
Nearby Listings
No current listings found in Lake of Bays.
Similar Listings Nearby
City & Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Franklin, Lake of Bays.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Local Schools Guide
Elementary Schools
Secondary Schools
Homes & Housing
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.