$599,900
Lake of Bays
2831 60 Highway, Lake of Bays (Franklin), Ontario, P0A1H0
This 3-bedroom, 3-bathroom home in Lake of Bays is for sale offering roughly 2,750 sq ft of space. It has been on the market 72 days, fresher than the Lake of Bays average of 205 days.
Discover a unique opportunity to live, work and play in the heart of Lake of Bays. Ideally located in Dwight, halfway between Huntsville and Algonquin Provincial Park and within walking distance of beautiful Dwight Beach, this versatile property combines comfortable residential living with exceptional commercial potential.Thoughtfully renovated with spray foam insulation, new windows, updated electrical, a new drilled well pump and GenerLink generator connection, the property is well suited for entrepreneurs, tradespeople, creatives or anyone looking to operate a business close to home.The main level offers approximately 800 sq. ft. of bright, open retail/commercial space with an inviting front porch. At the rear, you'll find additional storage, a 2-piece washroom and an impressive approx. 40' x 36' workshop/garage with a side garage door and backyard access. An additional flexible room, currently used as a gym/sauna, adds even more possibilities. A single-car garage and ample exterior parking complete the space.Upstairs, the spacious 3-bedroom, 2-bathroom residence features an open-concept kitchen, dining and living area filled with natural light. A large kitchen island anchors the space, while a woodstove adds warmth and Muskoka charm. The primary bedroom includes a walk-in closet and private 2-piece ensuite.Outside, enjoy a private backyard with a deck, gazebo, hot tub area and gardens surrounded by the natural Muskoka landscape.Whether envisioned as a storefront, studio, workshop or home-based business, this is a rare opportunity to work downstairs, live upstairs and enjoy Dwight Beach just a short walk away. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 72 days on market, against an average age of 205 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 61 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 93.0 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 3-bed single family in Lake of Bays (Franklin) has been listed for 72 days, which is 133 days fresher than the city average of 205. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $599,900, about 8.8× the local median household income of $68,000.
Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 72% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0A)
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Loading rates, 30-yr amortization
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