45 Tower Road, Georgian Bay (Freeman) - Business for Sale
45 Tower Road, Georgian Bay (Freeman), Ontario, P0C1H0
Description
Exceptional Investment Opportunity in the Heart of Muskoka! This 11+ acre - 4 Season - Mobile home park at 45 Tower Rd currently features 15modular homes + 2 serviced sites and 2 new septic systems installed in 2017. The property offers outstanding potential for expansion, for 70additional mobile homes. Perfectly positioned just minutes from Highway 400 and only 5 minutes to Lake Joseph - one of Muskoka's most prestigious and sought-after lakes. Enjoy the balance of peaceful surroundings and convenient access to local amenities, outdoor recreation, and cottage-country charm. A Rare chance to acquire an income property with tremendous Upside in one of Ontario's most desirable cottage country areas! Possibilities are endless! Call for more details! (id:66096)
Property Details
- MLS®
- X13500354
- Property Type
- Business
- Zoning
- RMH
- Lot Size
- 11 acres
- Frontage
- 1,455 ft
- Heating
- Other
- Cooling
- Partially air conditioned
- Garage
- Other
- Property Tax
- $7,366/yr
- Listed
- 128 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 128 days on market, against an average age of 109 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 71 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 92.7 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in Georgian Bay (Freeman) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (P0C)
This home lists at $1,499,000, about 19.1× the local median household income of $78,500.
Carrying it typically needs a household income of about $292,807 (20% down, 25-yr amortization, stress-tested) — roughly 273% above the area median.
- Median household income
- $78,500
- Population
- 4,824
- Median age
- 56.8
- Owner / renter
- 88% / 12%
- Avg. household size
- 2.1
Source: Statistics Canada, 2021 Census (FSA P0C)
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$1,499,000
Georgian Bay