Detached Muskoka Getaway in Bracebridge!! Possible Land Severance!! Assigned

  • $250,000
  • 4 beds
  • 1 baths
  • 1102 sqft

This private, secluded, detached home is located within minutes of Muskoka’s Clear Lake. It is on 53 acres of land and forest along the Canadian Shield, and the house itself is over 1,100 sq ft with its own pond, 3 full bedrooms, a full basement, and two additions (a closed-in porch and sun room). We believe there would also be a great opportunity for a flip and land severance (Buyer to verify). The investor could sever the land in the winter, flip the property and sell the severed land and new flip for a fantastic profit. While not lakefront and in need of TLC, this house is a 5-minute drive to the water and comes at an incredible price! Act fast as the demand for Muskoka real estate is rising and supply is dwindling. 

We are selling our assignable purchase contract.

Closing is September 29th, 2020

Please click HERE for more information and pictures.

Price:
$250,000
Address:
Black River Rd
Bracebridge, ON
Square Feet:
1102
Lot Size:
53.54 Acres (as per MPAC)
Bedrooms:
4
Bathrooms:
1
Terms:
Assignment of Contract
Property Type:
Farm
Year Built:
1972
Basement:
Partially Finished

Additional Features

Lot area: 53.54 acres (as per MPAC) Property has it's own pond Black River is a municipally maintained road and our property is close to Hwy 118 which means excellent winter access 3+1 bedrooms 1 bathroom Built in 1972 Above grade: 1102 sq ft Partially finished basement: 1102 sq ft Has a bedroom and above grade windows Walkout basement Newer kitchen appliances are included Two additions: Sun porch at the front of the house Sun room off of the kitchen Deck over carport off of the sun room addition Wood fireplace in living room (useable but currently not working) House joists appear to be solid and no signs of rot or bowing House currently has no hydro, but that is due to unpaid bills. The house itself has a fuse panel (needs to be replaced) and can be reconnected. There is currently no water as the well pump uses electricity, but that can also be re-engaged. Electric baseboard heating Septic Dug well: approximately 30 ft (the well is on the neighbouring lot but this property has deeded access) Sump pump in basement (appears dry even without electricity) HWT is rented House has a steel roof (except sun room addition) 1-car carport PROPERTY NEEDS Please note that the house is not expected to be fully emptied upon closing. There will most likely still be junk in the backyard. The removal will be at the Buyer's expense. Cosmetic renovation New windows Landscaping One foundation crack along the back basement exterior wall Two roof leaks (one above the fireplace and the other is in the sun room addition) Replace fuse panel with breakers

Call (647) 400-2093 for more details

Property Location