!!QUICK CLOSE!! Bungalow Fix ’N Flip Near Scenic Foot’s Bay in Muskoka Lakes!!
$215,000
Request info
Basics
- Date added: Added 3 years ago
- Bedrooms: 3
- Bathrooms: 1
Description
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Description:
Located a minute’s drive to Foot’s Bay and downtown Mactier, here is your opportunity to flip a modest bungalow into a tasteful vacation rental!! This property offers a deep lot that backs onto a serene creek, 3 medium to large sheds, and over 1000 sq ft of above grade living space. This is an incredible deal for the Investor where they could own this property on nearly a 1/4 acre lot for just over $200,000 — that is over $400,000 below the average housing price for non-waterfront property in Muskoka!! The Seller has already upgraded some floors, kitchen countertops, and opened up some walls for the next user to complete the final touches. When completed, re-list or advertise Airbnb just in time for the roaring Muskoka summers!! We are selling our assignable purchase contract.
Closing is December 19th, 2022
Show all descriptionPROPERTY FEATURES- This property is unit 2 of three, side-by-side properties — see HERE
- All properties are freehold and free of maintenance and lot fees
- 3 bedrooms (2 bedrooms as per MPAC)
- The Seller converted the living room into a master bedroom (see video HERE @ 1:40 for “master bedroom”)
- 1 bathroom (5-piece)
- Built in 1954 (Renovations done since 2020)
- Additions were added in 1986 (as per MPAC)
- Above grade: 1137 sq ft (as per MPAC)
- Crawl space
- Crawl space is ~3 ft (Buyer to verify)
- Separate entrances:
- Front door opens to front foyer
- Front patio doors opens to the master bedroom (living room)
- Side door opens to mudroom
- All appliances will be included
- 1 stove may be excluded, at the Seller’s discretion
- 100 AMP breaker panel
- Electric baseboard heaters
- HWT is owned (as per Seller)
- No central AC
- No water softener on-site
- Windows are vinyl, single pane
- Exact age of windows is unknown, Seller estimates 15-years-old (as per Seller)
- Age of roof is unknown (as per Seller)
- Old listing pictures don’t show any sign of serious decline (Buyer to verify)
- Exterior walls are insulated (as per Seller)
- Exterior is a light blue aluminum siding
- Front deck acts as a landing at the front door
- 3 outbuildings located in the backyard
- One outbuilding is an oversized shed with hydro tied to a sub-panel
- Main driveway is shared between all 3 properties, but our property comes with a private, single-wide driveway
- Private driveway can accommodate 3-4 (Buyer to verify)
- Drilled well is ~125 ft deep (as per Neighbour)
- Dug well on-site, but it is not in use
- Water quality did smell of iron (as per our Acquisitions Rep) — Muskoka water is known for its iron content
- Septic tank is original (as per Seller)
- Lot size: 80 ft x 135 ft (as per GeoWarehouse)
- Lot backs onto a creek with very scenic views of the forest (not deeded to our parcel)
- Vacant possession
- All debris and clutter will be removed by Seller!
UPGRADES
(Upgrades since the Seller purchased in 2020)- New vinyl floors in living room
- Stone backsplash
- New fridge/stove/dishwasher
- Laminate countertops
- Laminate kitchen floors
- Pine wainscotting
- Sliding patio doors
- ABS drains
PROPERTY NEEDS
- Finish cosmetic updating
- Siding and gutter repair
Please click HERE for more pictures and information.
- This property is unit 2 of three, side-by-side properties — see HERE
Ask Us About This Property
This style property is located in is currently and has been listed on Bliss. This property is listed at $215,000. It has 3 beds bedrooms, 1 bath bathrooms, and is . The property was built in year.
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