1168 Moon River Road, Muskoka Lakes (Medora) - Business for Sale
1168 Moon River Road, Muskoka Lakes (Medora), Ontario, P0C1A0
This business in Muskoka Lakes is for sale. It has been on the market 64 days, fresher than the Muskoka Lakes average of 93 days.
Description
An exceptional commercial investment opportunity in the heart of Muskoka, offering over 5.3 acres across two deeded parcels and zoned WC1 (Waterfront Commercial). Ideally positioned just five minutes from Bala and within 15 minutes of Port Carling and Port Sandfield, 1168 Moon River Road presents a rare opportunity to acquire an established cottage operation with significant income potential and future development possibilities.The main 3-acre parcel features a collection of eight well-maintained cottages, creating an attractive foundation for a boutique resort, short-term rental business, corporate retreat, or private family compound. The approximately 2,500 sq. ft. two-storey main cottage offers three bedrooms, each with its own ensuite, while seven additional year-round cottages provide one to two bedrooms, full kitchens, and private bathrooms. Together, the cottages offer flexible accommodation options and the potential for multiple revenue streams.Set among mature trees and open lawns, the property provides a private and peaceful Muskoka setting with western exposure and beautiful sunset views. Guests enjoy convenient access to Moon River and the surrounding lake system, with opportunities for swimming, fishing, boating, and paddling. The combination of recreational appeal, established accommodations, and commercial zoning creates a compelling investment proposition.A second deeded parcel of approximately 2.2 acres sits behind the main property, adding valuable land for future expansion, additional accommodations, or complementary development, subject to approvals.Whether continuing the existing cottage operation or repositioning the property for a higher-end hospitality concept, 1168 Moon River Road offers scale, flexibility, and a strong Muskoka location. With eight existing cottages, commercial zoning, lake access, and over 5.3 acres of land, this is a unique opportunity to acquire and grow a diversified Muskoka investment. (id:66096)
Property Details
- MLS®
- X13732422
- Property Type
- Business
- Zoning
- WC1
- Lot Size
- 5.31 acres
- Frontage
- 65 ft
- Heating
- Forced air
- Cooling
- None
- Property Tax
- $6,670/yr
- Listed
- 64 days ago
Market Timing
Long Listed: 64 days on market, against an average age of 93 days across the listings currently for sale in this city
Homes here sell below asking price
Homes in this market sold for an average of 93.8 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in Muskoka Lakes (Medora) has been listed for 64 days, which is 29 days fresher than the city average of 93. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (P0C)
This home lists at $2,999,999, about 38.2× the local median household income of $78,500.
Carrying it typically needs a household income of about $586,005 (20% down, 25-yr amortization, stress-tested) — roughly 647% 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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$2,999,999
Muskoka Lakes